Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Costa Rica - 2022

Contents:

  1. Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Costa Rica (CIF) - 2022
  2. Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Costa Rica (FOB) - 2022
  3. Imports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Costa Rica
  4. Exports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Costa Rica

Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Costa Rica (CIF) - 2022

In 2022, the average import price for machinery; parts of machinery for making or finishing paper or paperboard amounted to $26,445 per ton, picking up by 125% against the previous year. Overall, the import price recorded a modest expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Slovenia ($48,861 per ton), while the price for China ($10,993 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Costa Rica (FOB) - 2022

The average export price for machinery; parts of machinery for making or finishing paper or paperboard stood at $8,947 per ton in 2022, increasing by 59% against the previous year. In general, export price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for machinery; parts of machinery for making or finishing paper or paperboard increased by +72.7% against 2020 indices. The pace of growth was the most pronounced in 2017 an increase of 114% against the previous year. Over the period under review, the average export prices hit record highs in 2022 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 United States ($33,176 per ton), while the average price for exports to Panama ($4,483 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Honduras (+21.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Costa Rica

In 2022, the amount of machinery; parts of machinery for making or finishing paper or paperboard imported into Costa Rica fell notably to 34 tons, which is down by -71.2% against the year before. Overall, imports recorded a precipitous decline. The growth pace was the most rapid in 2021 with an increase of 104% against the previous year. As a result, imports reached the peak of 118 tons, and then fell notably in the following year.

In value terms, imports of machinery; parts of machinery for making or finishing paper or paperboard dropped notably to $895K in 2022. Over the period under review, imports saw a drastic downturn. The pace of growth was the most pronounced in 2021 with an increase of 56% against the previous year. As a result, imports attained the peak of $1.4M, and then fell sharply in the following year.

Import of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SloveniaN/A14.010.5220296.4%
United States456323305189-25.4%
Germany41.219.481.110737.5%
Spain15512847991.7-16.1%
China22258.423190.5-25.9%
Peru68.859.899.364.2-2.3%
Mexico3.1N/AN/A47.8148.9%
Italy15914624.829.8-42.8%
Brazil10861.029.612.6-51.1%
United Arab EmiratesN/AN/A34.8N/A0%
Others21.374.187.342.425.8%
Total1,2358841,383895-10.2%

Top Suppliers of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard to Costa Rica in 2022:

  1. China (8.2 tons)
  2. United States (8.0 tons)
  3. Spain (4.6 tons)
  4. Slovenia (4.5 tons)
  5. Germany (3.6 tons)
  6. Peru (1.5 tons)
  7. Mexico (1.1 tons)
  8. Brazil (0.9 tons)
  9. Italy (0.3 tons)

Exports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Costa Rica

Exports of machinery; parts of machinery for making or finishing paper or paperboard from Costa Rica soared to 7.9 tons in 2022, jumping by 119% compared with the year before. Overall, exports, however, recorded a pronounced reduction.

In value terms, exports of machinery; parts of machinery for making or finishing paper or paperboard soared to $71K in 2022. In general, exports enjoyed a prominent increase.

Export of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/A6.2N/A39.3151.8%
El SalvadorN/AN/AN/A30.00%
Panama0.10.1N/A1.4141.0%
Spain27.970.815.8N/A-24.7%
Indonesia19.219.2N/AN/A0.0%
Others2.61.44.5N/A31.6%
Total49.797.720.370.712.5%

Top Export Markets for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard from Costa Rica in 2022:

  1. El Salvador (6.4 tons)
  2. United States (1.2 tons)
  3. Panama (0.3 tons)

Source: IndexBox Market Intelligence Platform

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