Costa Rica: Market for Transporter Cranes, Gantry Cranes And Bridge Cranes 2024

Market Size for Transporter Cranes, Gantry Cranes And Bridge Cranes in Costa Rica

The Costa Rican transporter and bridge cranes market surged to $X in 2022, rising by X% against the previous year. In general, consumption enjoyed a temperate increase. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Production of Transporter Cranes, Gantry Cranes And Bridge Cranes in Costa Rica

In value terms, transporter and bridge cranes production surged to $X in 2022 estimated in export price. Overall, production saw pronounced growth. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Exports of Transporter Cranes, Gantry Cranes And Bridge Cranes

Exports from Costa Rica

In 2019, after four years of decline, there was decline in shipments abroad of transporter cranes, gantry cranes and bridge cranes, when their volume decreased by X% to X units. In general, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, the exports attained the peak of X units. From 2015 to 2019, the growth of the exports remained at a somewhat lower figure.

In value terms, transporter and bridge cranes exports totaled $X in 2019. Overall, exports saw significant growth. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum in 2019 and are expected to retain growth in the immediate term.

Exports by Country

Nicaragua (X units) was the main destination for transporter and bridge cranes exports from Costa Rica, with a X% share of total exports. Moreover, transporter and bridge cranes exports to Nicaragua exceeded the volume sent to the second major destination, Guatemala (X units), more than tenfold.

From 2013 to 2019, the average annual rate of growth in terms of volume to Nicaragua stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Guatemala (X% per year) and the Dominican Republic (X% per year).

In value terms, Nicaragua ($X), the Dominican Republic ($X) and Guatemala ($X) appeared to be the largest markets for transporter and bridge cranes exported from Costa Rica worldwide.

Nicaragua, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average transporter and bridge cranes export price stood at $X per unit in 2019, remaining constant against the previous year. In general, the export price saw a significant expansion. The pace of growth was the most pronounced in 2014 an increase of X% against the previous year. The export price peaked in 2019 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Dominican Republic ($X per unit), while the average price for exports to Guatemala ($X per unit) was amongst the lowest.

From 2013 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Nicaragua (X%).

Imports of Transporter Cranes, Gantry Cranes And Bridge Cranes

Imports into Costa Rica

After two years of growth, supplies from abroad of transporter cranes, gantry cranes and bridge cranes decreased by X% to X units in 2022. Overall, imports saw a abrupt curtailment. The growth pace was the most rapid in 2017 when imports increased by X%. As a result, imports reached the peak of X units. From 2018 to 2022, the growth of imports failed to regain momentum.

In value terms, transporter and bridge cranes imports contracted significantly to $X in 2022. Over the period under review, imports faced a precipitous setback. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports failed to regain momentum.

Imports by Country

The United States (X units) and China (X units) were the main suppliers of transporter and bridge cranes imports to Costa Rica.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of X%).

In value terms, the largest transporter and bridge cranes suppliers to Costa Rica were China ($X) and the United States ($X).

In terms of the main suppliers, the United States, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review.

Import Prices by Country

The average transporter and bridge cranes import price stood at $X per unit in 2022, shrinking by X% against the previous year. Overall, the import price recorded a deep downturn. The pace of growth was the most pronounced in 2020 when the average import price increased by X%. Over the period under review, average import prices attained the peak figure at $X per unit in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per unit), while the price for the United States stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Dominican Republic (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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