Costa Rica - Automotive Lighting - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAutomotive Lighting Price in Costa Rica - 2022
Contents:
- Automotive Lighting Price in Costa Rica (CIF) - 2022
- Automotive Lighting Price in Costa Rica (FOB) - 2022
- Automotive Lighting Imports in Costa Rica
- Automotive Lighting Exports in Costa Rica
Automotive Lighting Price in Costa Rica (CIF) - 2022
In 2022, the average automotive lighting import price amounted to $8 per unit, which is down by -3.2% against the previous year. Over the period under review, the import price continues to indicate a pronounced descent. The pace of growth was the most pronounced in 2016 when the average import price increased by 39%. As a result, import price attained the peak level of $21 per unit. From 2017 to 2022, the average import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Thailand ($8 per unit) and Mexico ($8 per unit), while the price for the Czech Republic ($7.9 per unit) and South Korea ($8 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (-4.3%), while the prices for the other major suppliers experienced a decline.
Automotive Lighting Price in Costa Rica (FOB) - 2022
The average automotive lighting export price stood at $107 per unit in 2022, which is down by -6.6% against the previous year. Over the period under review, the export price showed a abrupt downturn. The most prominent rate of growth was recorded in 2018 when the average export price increased by 84% against the previous year. The export price peaked at $195 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Guatemala ($108 per unit) and Nicaragua ($108 per unit), while the average price for exports to the United States ($107 per unit) and Argentina ($107 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (+9.8%), while the prices for the other major destinations experienced mixed trend patterns.
Automotive Lighting Imports in Costa Rica
In 2022, approx. 1M units of automotive lighting were imported into Costa Rica; shrinking by -13.9% compared with 2021 figures. Over the period under review, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 35% against the previous year. As a result, imports attained the peak of 1.2M units, and then reduced in the following year.
In value terms, automotive lighting imports shrank notably to $8.2M in 2022. In general, imports saw a abrupt setback. The growth pace was the most rapid in 2021 when imports increased by 14% against the previous year. Imports peaked at $10M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Automotive Lighting in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 2,380 | 1,964 | 2,064 | 1,946 | -6.5% |
| China | 1,813 | 1,682 | 2,115 | 1,887 | 1.3% |
| United States | 2,469 | 2,076 | 2,132 | 1,282 | -19.6% |
| Japan | 1,275 | 845 | 789 | 799 | -14.4% |
| Mexico | 360 | 423 | 602 | 486 | 10.5% |
| South Korea | 99.3 | 140 | 232 | 284 | 41.9% |
| Colombia | 329 | 299 | 420 | 264 | -7.1% |
| India | 113 | 160 | 231 | 202 | 21.4% |
| United Kingdom | 72.7 | 82.8 | 130 | 139 | 24.1% |
| Czech Republic | 139 | 115 | 73.2 | 132 | -1.7% |
| Thailand | 140 | 123 | 183 | 131 | -2.2% |
| Germany | 264 | 174 | 221 | 129 | -21.2% |
| Others | 660 | 557 | 681 | 549 | -6.0% |
| Total | 10,114 | 8,641 | 9,873 | 8,229 | -6.6% |
Top Suppliers of Automotive Lighting to Costa Rica in 2022:
- Taiwan (Chinese) (244.6K units)
- China (237.3K units)
- United States (161.2K units)
- Japan (100.5K units)
- Mexico (61.1K units)
- South Korea (35.6K units)
- Colombia (33.1K units)
- India (25.3K units)
- United Kingdom (17.5K units)
- Czech Republic (16.6K units)
- Thailand (16.4K units)
- Germany (16.3K units)
Automotive Lighting Exports in Costa Rica
In 2022, the amount of automotive lighting exported from Costa Rica surged to 2.7K units, growing by 175% on 2021. Over the period under review, exports, however, saw a deep setback. Over the period under review, the exports attained the peak figure at 3.7K units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.
In value terms, automotive lighting exports surged to $285K in 2022. In general, exports, however, faced a deep contraction. Over the period under review, the exports attained the maximum at $459K in 2020; however, from 2021 to 2022, the exports remained at a lower figure.
| Export of Automotive Lighting in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Panama | 63.3 | 9.7 | 58.5 | 214 | 50.1% |
| Nicaragua | 1.0 | 0.9 | 2.8 | 31.0 | 214.1% |
| El Salvador | 9.4 | 21.3 | 5.5 | 21.9 | 32.6% |
| Guatemala | 15.5 | 6.6 | 23.4 | 7.9 | -20.1% |
| Argentina | N/A | N/A | N/A | 5.0 | 0% |
| United States | 311 | 403 | 14.9 | 4.9 | -74.9% |
| Honduras | 8.8 | 16.8 | 5.1 | 0.4 | -64.3% |
| Others | 6.3 | 0.6 | 0.9 | N/A | -62.2% |
| Total | 416 | 459 | 111 | 285 | -11.8% |
Top Export Markets for Automotive Lighting from Costa Rica in 2022:
- Panama (1994.0 units)
- Nicaragua (288.0 units)
- El Salvador (204.0 units)
- Guatemala (73.0 units)
- Argentina (47.0 units)
- United States (46.0 units)
- Honduras (3.0 units)
This report provides an in-depth analysis of the automotive lighting market in Costa Rica. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 27403910 - Electrical lighting or visual signalling equipment for motor vehicles (excluding electric filament or discharge lamps, s ealed beam lamp units, ultraviolet, infrared and arc lamps)
Country coverage:
- Costa Rica
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Costa Rica
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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