Single Loudspeaker Price in Costa Rica - 2022

Contents:

  1. Single Loudspeaker Price in Costa Rica (CIF) - 2022
  2. Single Loudspeaker Price in Costa Rica (FOB) - 2022
  3. Single Loudspeaker Imports in Costa Rica
  4. Single Loudspeaker Exports in Costa Rica

Single Loudspeaker Price in Costa Rica (CIF) - 2022

The average single loudspeaker import price stood at $12 per unit in 2022, shrinking by -29.2% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average import price increased by 516%. The import price peaked at $201 per unit in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($127 per unit), while the price for China ($4.7 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Single Loudspeaker Price in Costa Rica (FOB) - 2022

The average single loudspeaker export price stood at $78 per unit in 2022, with an increase of 6.5% against the previous year. Overall, the export price, however, continues to indicate a mild curtailment. The most prominent rate of growth was recorded in 2016 an increase of 86%. As a result, the export price reached the peak level of $138 per unit. From 2017 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($58 per unit), while the average price for exports to Lao People's Democratic Republic ($5.7 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 Paraguay (+100.0%), while the prices for the other major destinations experienced more modest paces of growth.

Single Loudspeaker Imports in Costa Rica

Single loudspeaker imports into Costa Rica declined to 178K units in 2022, with a decrease of -9.7% compared with the previous year's figure. In general, imports recorded a abrupt descent. The smallest decline of -8.7% was in 2021. Over the period under review, imports attained the maximum at 307K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, single loudspeaker imports dropped remarkably to $2.1M in 2022. Over the period under review, imports showed a precipitous decline. The smallest decline of -3.4% was in 2021. Imports peaked at $4M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Single Loudspeaker in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2,0551,8931,9251,221-15.9%
China1,359813864605-23.6%
Panama13311312791.7-11.7%
Hong Kong SAR62.012421.220.8-30.5%
Others433385278117-35.4%
Total4,0423,3283,2162,056-20.2%

Top Suppliers of Single Loudspeaker to Costa Rica in 2022:

  1. China (129.7K units)
  2. United States (9.6K units)
  3. Panama (4.4K units)
  4. Hong Kong SAR (2.5K units)

Single Loudspeaker Exports in Costa Rica

In 2022, overseas shipments of single loudspeakers (in enclosure) decreased by -69.1% to 51 units, falling for the second consecutive year after two years of growth. Over the period under review, exports faced a sharp decrease. The pace of growth appeared the most rapid in 2020 with an increase of 40%. As a result, the exports attained the peak of 354 units. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, single loudspeaker exports fell dramatically to $4K in 2022. Overall, exports recorded a precipitous curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by 1.1% against the previous year. As a result, the exports attained the peak of $21K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Single Loudspeaker in Costa Rica (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan31.0107909721185.4%
Canada52.027.028.0636130.4%
Nicaragua6197634.0183-33.4%
Jamaica5.0390337138202.2%
Honduras13627091.081.0-15.9%
Spain23.013.023.066.042.1%
Ecuador98.024.01,78045.0-22.9%
Thailand53.015481.039.0-9.7%
United Kingdom17240.019.038.0-39.5%
ParaguayN/AN/A6.036.0500.0%
Poland9.037.043.029.047.7%
Colombia97.048.012.019.0-41.9%
Lao People's Democratic RepublicN/AN/AN/A17.00%
Others19,84319,5078,7691,936-54.0%
Total21,13821,38012,1023,984-42.7%

Top Export Markets for Single Loudspeaker from Costa Rica in 2022:

  1. Japan (37.0 units)
  2. Canada (11.0 units)
  3. Nicaragua (9.0 units)
  4. Jamaica (8.0 units)
  5. Spain (4.0 units)
  6. Lao People's Democratic Republic (3.0 units)
  7. Poland (3.0 units)
  8. United Kingdom (3.0 units)
  9. Thailand (3.0 units)
  10. Paraguay (3.0 units)
  11. Colombia (2.0 units)
  12. Honduras (2.0 units)
  13. Ecuador (2.0 units)

Source: IndexBox Market Intelligence Platform

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