Price for Navigational Instruments and Appliances; Parts and Accessories in Costa Rica - 2022
Contents:
- Price for Navigational Instruments and Appliances; Parts and Accessories in Costa Rica (CIF) - 2022
- Price for Navigational Instruments and Appliances; Parts and Accessories in Costa Rica (FOB) - 2022
- Imports of Navigational Instruments and Appliances; Parts and Accessories in Costa Rica
- Exports of Navigational Instruments and Appliances; Parts and Accessories in Costa Rica
Price for Navigational Instruments and Appliances; Parts and Accessories in Costa Rica (CIF) - 2022
The average import price for navigational instruments and appliances; parts and accessorieses stood at $1,015,783 per ton in 2022, flattening at the previous year. Overall, the import price continues to indicate resilient growth. The most prominent rate of growth was recorded in 2019 when the average import price increased by 103% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.
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 the United States ($1,392,306 per ton), while the price for Taiwan (Chinese) ($83,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+23.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Navigational Instruments and Appliances; Parts and Accessories in Costa Rica (FOB) - 2022
In 2022, the average export price for navigational instruments and appliances; parts and accessorieses amounted to $588,784 per ton, declining by -10.1% against the previous year. Over the period under review, the export price recorded a noticeable descent. The pace of growth appeared the most rapid in 2013 when the average export price increased by 23% against the previous year. As a result, the export price attained the peak level of $962,557 per ton. From 2014 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Poland.
From 2012 to 2022, the rate of growth in terms of prices for Guatemala amounted to +4.7% per year.
Imports of Navigational Instruments and Appliances; Parts and Accessories in Costa Rica
Imports of navigational instruments and appliances; parts and accessorieses into Costa Rica rose remarkably to 69 kg in 2022, with an increase of 7.8% on 2021 figures. The total import volume increased at an average annual rate of +7.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 33% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of navigational instruments and appliances; parts and accessorieses rose significantly to $70K in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +18.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +64.9% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 38% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Navigational Instruments and Appliances; Parts and Accessories in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 37.3 | 20.4 | 60.2 | 68.2 | 22.3% |
| Taiwan (Chinese) | 0.3 | N/A | N/A | 1.4 | 67.1% |
| China | 3.4 | 8.2 | 1.8 | 0.2 | -61.1% |
| Japan | 0.3 | 3.2 | N/A | N/A | 966.7% |
| Panama | N/A | N/A | 3.0 | N/A | 0% |
| Germany | 0.8 | 15.1 | N/A | N/A | 1787.5% |
| Others | 0.3 | 0.2 | N/A | 0.3 | 0.0% |
| Total | 42.5 | 47.2 | 64.9 | 70.1 | 18.2% |
Top Suppliers of Navigational Instruments and Appliances; Parts and Accessories to Costa Rica in 2022:
- United States (49.0 kg)
- Taiwan (Chinese) (17.0 kg)
- Germany (1.0 kg)
- China (1.0 kg)
Exports of Navigational Instruments and Appliances; Parts and Accessories in Costa Rica
For the fourth consecutive year, Costa Rica recorded growth in shipments abroad of navigational instruments and appliances; parts and accessorieses, which increased by 12% to 116 kg in 2022. The total export volume increased at an average annual rate of +7.6% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of navigational instruments and appliances; parts and accessorieses stood at $68K in 2022. Over the period under review, exports recorded a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Navigational Instruments and Appliances; Parts and Accessories in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | N/A | 51.0 | 41.6 | 68.3 | 15.7% |
| Peru | N/A | N/A | 7.1 | N/A | 0% |
| Guatemala | 33.5 | 14.3 | N/A | N/A | -57.3% |
| United Kingdom | N/A | N/A | 11.9 | N/A | 0% |
| Canada | 34.4 | N/A | N/A | N/A | 0% |
| Others | N/A | 2.8 | 7.5 | N/A | 167.9% |
| Total | 67.9 | 68.0 | 68.1 | 68.3 | 0.2% |
Top Export Markets for Navigational Instruments and Appliances; Parts and Accessories from Costa Rica in 2022:
- Poland (116.0 kg)
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