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Costa Rica - Machine-Tools for Drilling, Boring or Milling Metal - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCosta Rica: Machine-Tool For Drilling Market 2024
Machine-Tool For Drilling Market Size in Costa Rica
After four years of growth, the Costa Rican machine-tool for drilling market decreased by X% to $X in 2023. In general, consumption, however, posted strong growth. Over the period under review, the market attained the peak level at $X in 2022, and then contracted in the following year.
Machine-Tool For Drilling Exports
Exports from Costa Rica
In 2023, overseas shipments of machine-tools for drilling, boring or milling metal were finally on the rise to reach X units after four years of decline. Over the period under review, exports recorded a remarkable increase. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. The exports peaked at X units in 2018; however, from 2019 to 2023, the exports failed to regain momentum.
In value terms, machine-tool for drilling exports amounted to $X in 2023. In general, exports continue to indicate measured growth. The pace of growth was the most pronounced in 2013 when exports increased by X%. As a result, the exports attained the peak of $X. From 2014 to 2023, the growth of the exports remained at a somewhat lower figure.
Exports by Country
Guatemala (X units) was the main destination for machine-tool for drilling exports from Costa Rica, accounting for a X% share of total exports. Moreover, machine-tool for drilling exports to Guatemala exceeded the volume sent to the second major destination, El Salvador (X units), twofold. Nicaragua (X units) ranked third in terms of total exports with a X% share.
From 2012 to 2023, the average annual rate of growth in terms of volume to Guatemala amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: El Salvador (X% per year) and Nicaragua (X% per year).
In value terms, the largest markets for machine-tool for drilling exported from Costa Rica were the United States ($X), Guatemala ($X) and El Salvador ($X), with a combined X% share of total exports. Nicaragua and Panama lagged somewhat behind, together comprising a further X%.
Nicaragua, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
The average machine-tool for drilling export price stood at $X per unit in 2023, shrinking by X% against the previous year. Over the period under review, the export price showed a abrupt slump. The most prominent rate of growth was recorded in 2016 an increase of X%. The export price peaked at $X per unit in 2012; however, from 2013 to 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Panama ($X per unit) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (X.5%), while the prices for the other major destinations experienced more modest paces of growth.
Machine-Tool For Drilling Imports
Imports into Costa Rica
In 2023, overseas purchases of machine-tools for drilling, boring or milling metal decreased by X% to X units for the first time since 2019, thus ending a three-year rising trend. Over the period under review, imports, however, posted a prominent increase. The growth pace was the most rapid in 2021 when imports increased by X%. Over the period under review, imports attained the peak figure at X units in 2022, and then fell in the following year.
In value terms, machine-tool for drilling imports shrank significantly to $X in 2023. Overall, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2022 when imports increased by X%. As a result, imports reached the peak of $X, and then contracted sharply in the following year.
Imports by Country
In 2023, China (X units) constituted the largest supplier of machine-tool for drilling to Costa Rica, accounting for a X% share of total imports. Moreover, machine-tool for drilling imports from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X units), fourfold. The third position in this ranking was held by the United States (X units), with a X% share.
From 2012 to 2023, the average annual rate of growth in terms of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (X% per year) and the United States (X% per year).
In value terms, the United States ($X), Germany ($X) and China ($X) constituted the largest machine-tool for drilling suppliers to Costa Rica, with a combined X% share of total imports.
Among the main suppliers, Germany, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2023, the average machine-tool for drilling import price amounted to $X per unit, declining by X% against the previous year. In general, the import price recorded a deep slump. The most prominent rate of growth was recorded in 2013 an increase of X%. The import price peaked at $X per unit in 2016; however, from 2017 to 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Japan ($X per unit), while the price for China ($X per unit) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Japan (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the machine-tool for drilling market in Costa Rica. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28412213 - Numerically controlled drilling machines for working metal (excluding way-type unit head machines)
- Prodcom 28412217 - Numerically controlled knee-type milling machines for working metal (excluding boring-milling machines)
- Prodcom 28412223 - Numerically controlled tool-milling machines for working metal (excluding boring-milling machines, knee-type machines)
- Prodcom 28412225 - Numerically controlled milling machines for working metal (including plano-milling machines) (excluding boring-milling machines, knee-type, tool-milling machines)
- Prodcom 28412233 - Way-type unit heads for working metal by drilling, boring, m illing, threading or tapping
- Prodcom 28412235 - Non-numerically controlled drilling machines for working metal (excluding way-type unit head machines)
- Prodcom 28412240 - Numerically controlled boring and boring-milling machines for working metal (excluding drilling machines)
- Prodcom 28412260 - Non-numerically controlled boring and boring-milling machines for working metal (excluding drilling machines)
- Prodcom 28412270 - Non-numerically controlled milling machines for working metal (excluding boring-milling machines)
Country coverage:
- Costa Rica
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Costa Rica
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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