Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Costa Rica - 2022

Contents:

  1. Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Costa Rica (CIF) - 2022
  2. Imports of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Costa Rica

Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Costa Rica (CIF) - 2022

In 2022, the average import price for weaving machines (looms); for weaving fabrics of a width 30cm or lesses amounted to $6,951 per unit, dropping by -46.4% against the previous year. In general, the import price saw a abrupt downturn. The most prominent rate of growth was recorded in 2017 when the average import price increased by 70%. Over the period under review, average import prices hit record highs at $33,489 per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Panama ($10,003 per unit), while the price for Mexico ($3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Panama (+39.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Costa Rica

In 2022, approx. 6 units of weaving machines (looms); for weaving fabrics of a width 30cm or lesses were imported into Costa Rica; remaining relatively unchanged against 2021. Over the period under review, imports showed a relatively flat trend pattern. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of weaving machines (looms); for weaving fabrics of a width 30cm or lesses shrank notably to $21K in 2022. Overall, imports recorded strong growth. The most prominent rate of growth was recorded in 2020 with an increase of 67% against the previous year. Over the period under review, imports of reached the peak figure at $39K in 2021, and then dropped notably in the following year.

Import of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Panama5.713.117.510.020.6%
Taiwan (Chinese)6.311.314.36.82.6%
ChinaN/A2.96.53.814.5%
Spain0.30.40.10.2-12.6%
United States1.30.10.5N/A-38.0%
MexicoN/AN/AN/AN/A0%
Others3.0N/AN/AN/A0%
Total16.727.838.920.97.8%

Top Suppliers of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less to Costa Rica in 2022:

  1. Taiwan (Chinese) (1.0 units)
  2. Mexico (1.0 units)
  3. Panama (1.0 units)
  4. United States (1.0 units)
  5. China (1.0 units)
  6. Spain (1.0 units)

Source: IndexBox Market Intelligence Platform

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