Costa Rica - Electrical Or Battery Operated Lighting Or Visual Signalling For Bicycles - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBicycle Lighting Price in Costa Rica - 2022
Contents:
- Bicycle Lighting Price in Costa Rica (CIF) - 2022
- Bicycle Lighting Price in Costa Rica (FOB) - 2022
- Bicycle Lighting Imports in Costa Rica
- Bicycle Lighting Exports in Costa Rica
Bicycle Lighting Price in Costa Rica (CIF) - 2022
In 2022, the average bicycle lighting import price amounted to $3.3 per unit, increasing by 14% against the previous year. In general, the import price enjoyed a notable expansion. The most prominent rate of growth was recorded in 2013 an increase of 36%. The import price peaked at $5 per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat 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 ($3.5 per unit), while the price for Taiwan (Chinese) ($2.5 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Bicycle Lighting Price in Costa Rica (FOB) - 2022
The average bicycle lighting export price stood at $2 per unit in 2022, declining by -35.6% against the previous year. Overall, the export price continues to indicate a pronounced reduction. The pace of growth appeared the most rapid in 2014 when the average export price increased by 40%. The export price peaked at $5.6 per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Panama.
From 2012 to 2022, the rate of growth in terms of prices for Nicaragua amounted to +4.1% per year.
Bicycle Lighting Imports in Costa Rica
In 2022, supplies from abroad of electrical or battery operated lighting or visual signalling for bicycles decreased by -54% to 84K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports saw a abrupt slump. The most prominent rate of growth was recorded in 2020 with an increase of 46%. Imports peaked at 182K units in 2021, and then declined significantly in the following year.
In value terms, bicycle lighting imports reduced notably to $278K in 2022. Overall, imports, however, continue to indicate prominent growth. The growth pace was the most rapid in 2020 with an increase of 90%. Imports peaked at $530K in 2021, and then contracted sharply in the following year.
Import of Bicycle Lighting in Costa Rica (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 120 | 250 | 347 | 193 | 17.2% |
Taiwan (Chinese) | 33.2 | 72.8 | 110 | 41.2 | 7.5% |
United States | 32.0 | 55.5 | 33.0 | 30.6 | -1.5% |
United Kingdom | 8.8 | 7.3 | 4.0 | N/A | -32.6% |
Others | 28.5 | 37.6 | 36.1 | 13.8 | -21.5% |
Total | 223 | 423 | 530 | 278 | 7.6% |
Top Suppliers of Bicycle Lighting to Costa Rica in 2022:
- China (54.5K units)
- Taiwan (Chinese) (16.8K units)
- United States (10.1K units)
Bicycle Lighting Exports in Costa Rica
In 2022, after three years of growth, there was significant decline in overseas shipments of electrical or battery operated lighting or visual signalling for bicycles, when their volume decreased by -99.9% to 1 units. Over the period under review, exports showed a dramatic decline. The most prominent rate of growth was recorded in 2020 with an increase of 7,114%. Over the period under review, the exports attained the maximum at 1.7K units in 2021, and then declined rapidly in the following year.
In value terms, bicycle lighting exports reduced rapidly to $2 in 2022. Overall, exports saw a sharp slump. The most prominent rate of growth was recorded in 2020 when exports increased by 3,418%. Over the period under review, the exports hit record highs at $5.4K in 2021, and then fell rapidly in the following year.
Export of Bicycle Lighting in Costa Rica (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Taiwan (Chinese) | N/A | 2.0 | 4.3 | N/A | 115.0% |
Panama | N/A | 0.1 | 1.1 | N/A | 1000.0% |
United States | N/A | 0.7 | N/A | N/A | 0% |
Others | N/A | N/A | 0.1 | N/A | 0% |
Total | 0.1 | 2.7 | 5.4 | N/A | 634.8% |
Top Export Markets for Bicycle Lighting from Costa Rica in 2022:
- Panama (1.0 units)
This report provides an in-depth analysis of the bicycle 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 29312310 - Electrical or battery operated lighting or visual signalling of a kind used on bicycles
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
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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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