Price for Turbines; Steam and Other Vapour Turbines in Costa Rica - 2022

Contents:

  1. Price for Turbines; Steam and Other Vapour Turbines in Costa Rica (CIF) - 2022
  2. Price for Turbines; Steam and Other Vapour Turbines in Costa Rica (FOB) - 2022
  3. Imports of Turbines; Steam and Other Vapour Turbines in Costa Rica
  4. Exports of Turbines; Steam and Other Vapour Turbines in Costa Rica

Price for Turbines; Steam and Other Vapour Turbines in Costa Rica (CIF) - 2022

In 2022, the average import price for turbines; steam and other vapour turbineses amounted to $45 thousand per unit, with an increase of 779% against the previous year. Over the period under review, the import price, however, showed a noticeable decrease. The import price peaked at $246 thousand per unit in 2017; however, from 2018 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 India ($457 thousand per unit), while the price for France ($9 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nicaragua (+69.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Turbines; Steam and Other Vapour Turbines in Costa Rica (FOB) - 2022

The average export price for turbines; steam and other vapour turbineses stood at $25 thousand per unit in 2022, jumping by 124% against the previous year. In general, the export price continues to indicate a buoyant increase. The most prominent rate of growth was recorded in 2015 an increase of 1,472% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($45 thousand per unit), while the average price for exports to Mexico ($37 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+26.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Turbines; Steam and Other Vapour Turbines in Costa Rica

Imports of turbines; steam and other vapour turbineses into Costa Rica contracted to 16 units in 2022, dropping by -5.9% against the year before. In general, imports continue to indicate a noticeable contraction. Over the period under review, imports of reached the peak figure at 17 units in 2021, and then fell in the following year.

In value terms, imports of turbines; steam and other vapour turbineses surged to $726K in 2022. Overall, imports, however, continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Turbines; Steam and Other Vapour Turbines in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India74.886.550.945782.8%
Japan62.019.67.776.37.2%
Mexico26.139.610.064.535.2%
Italy27.716.35.945.818.2%
Nicaragua9.915.44.026.538.8%
Brazil13.311.80.821.016.4%
Guatemala0.30.51.79.0210.7%
Malaysia2.03.71.05.640.9%
Germany0.20.60.34.7186.4%
Panama0.71.00.21.528.9%
Austria0.91.20.31.518.6%
China1.04.80.20.7-11.2%
FranceN/AN/AN/AN/A0%
Others38.259.54.711.6-32.8%
Total25726087.772641.4%

Top Suppliers of Turbines; Steam and Other Vapour Turbines to Costa Rica in 2022:

  1. Brazil (1.0 units)
  2. Italy (1.0 units)
  3. Mexico (1.0 units)
  4. Panama (1.0 units)
  5. Japan (1.0 units)
  6. India (1.0 units)
  7. Guatemala (1.0 units)
  8. France (1.0 units)
  9. Malaysia (1.0 units)
  10. Austria (1.0 units)
  11. China (1.0 units)
  12. Germany (1.0 units)
  13. Nicaragua (1.0 units)

Exports of Turbines; Steam and Other Vapour Turbines in Costa Rica

After three years of growth, shipments abroad of turbines; steam and other vapour turbineses decreased by -14.3% to 6 units in 2022. The total export volume increased at an average annual rate of +6.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 20%. Over the period under review, the exports of hit record highs at 7 units in 2021, and then reduced in the following year.

In value terms, exports of turbines; steam and other vapour turbineses soared to $148K in 2022. In general, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 378% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in years to come.

Export of Turbines; Steam and Other Vapour Turbines in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States3.734.729.945.1130.1%
Guatemala0.421.231.341.7370.6%
Panama8.13.48.237.065.9%
HondurasN/A13.8N/A19.017.3%
Nicaragua4.46.94.55.25.7%
Mexico0.10.1N/AN/A0.0%
Czech RepublicN/AN/A2.6N/A0%
OthersN/AN/A0.6N/A0%
Total16.880.277.2148106.5%

Top Export Markets for Turbines; Steam and Other Vapour Turbines from Costa Rica in 2022:

  1. Honduras (1.0 units)
  2. Mexico (1.0 units)
  3. Panama (1.0 units)
  4. United States (1.0 units)
  5. Guatemala (1.0 units)
  6. Nicaragua (1.0 units)

Source: IndexBox Market Intelligence Platform

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