Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Costa Rica - 2022

Contents:

1. Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Costa Rica (CIF) - 2022
2. Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Costa Rica (FOB) - 2022
3. Imports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Costa Rica
4. Exports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Costa Rica

Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Costa Rica (CIF) - 2022

In 2022, the average import price for machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses amounted to $1,218 per unit, dropping by -46% against the previous year. In general, the import price showed a noticeable descent. The most prominent rate of growth was recorded in 2018 when the average import price increased by 31% against the previous year. Over the period under review, average import prices attained the peak figure at $2,379 per unit in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

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 Italy ($3,390 per unit), while the price for Nicaragua ($1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+8.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Costa Rica (FOB) - 2022

In 2022, the average export price for machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses amounted to $197 per unit, reducing by -6.2% against the previous year. Over the period under review, the export price showed a precipitous shrinkage. The growth pace was the most rapid in 2020 when the average export price increased by 88%. The export price peaked at $2,508 per unit in 2013; however, from 2014 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 Guatemala.

From 2012 to 2022, the rate of growth in terms of prices for Guatemala amounted to -20.2% per year.

Imports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Costa Rica

In 2022, overseas purchases of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses decreased by -63.4% to 15 units, falling for the second consecutive year after two years of growth. Overall, imports recorded a sharp shrinkage. The most prominent rate of growth was recorded in 2020 when imports increased by 40% against the previous year. As a result, imports attained the peak of 70 units. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses declined significantly to $18K in 2022. In general, imports faced a sharp decline. The most prominent rate of growth was recorded in 2020 when imports increased by 61% against the previous year. As a result, imports reached the peak of $167K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Top Suppliers of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices to Costa Rica in 2022:

1. Italy (3.0 units)
2. Chile (2.0 units)
3. Spain (2.0 units)
4. Netherlands (1.0 units)
5. Colombia (1.0 units)
6. Mexico (1.0 units)
7. Panama (1.0 units)
8. United States (1.0 units)
9. Guatemala (1.0 units)
10. China (1.0 units)
11. Nicaragua (1.0 units)

Exports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Costa Rica

After two years of decline, shipments abroad of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses decreased by 0% to 1 units in 2022. In general, exports showed a dramatic setback. The smallest decline of -50% was in 2020. Over the period under review, the exports of reached the maximum at 2 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses declined to $197 in 2022. Overall, exports continue to indicate a abrupt curtailment. Over the period under review, the exports of attained the peak figure at $240 in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Top Export Markets for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices from Costa Rica in 2022:

1. Guatemala (1.0 units)

Source: IndexBox Market Intelligence Platform