Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Costa Rica - 2022
Contents:
- Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Costa Rica (CIF) - 2022
- Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Costa Rica (FOB) - 2022
- Imports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Costa Rica
- Exports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Costa Rica
Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Costa Rica (CIF) - 2022
The average import price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) stood at $3,464 per unit in 2022, surging by 15% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2015 an increase of 45%. As a result, import price attained the peak level of $6,162 per unit. From 2016 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($4,255 per unit), while the price for Brazil ($1,632 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+10.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Costa Rica (FOB) - 2022
The average export price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) stood at $8,942 per unit in 2022, surging by 6.5% against the previous year. Over the period under review, export price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) increased by +37.4% against 2020 indices. The pace of growth appeared the most rapid in 2018 when the average export price increased by 55% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in the near future.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Panama ($16,521 per unit), while the average price for exports to Belgium ($200 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 Mexico (+241.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Costa Rica
In 2022, overseas purchases of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) were finally on the rise to reach 787 units for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, faced a abrupt downturn. Imports peaked at 1.2K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) skyrocketed to $2.7M in 2022. In general, imports, however, showed a precipitous curtailment. Imports peaked at $6.1M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 3,045 | 1,176 | 1,090 | 1,498 | -21.1% |
| United Kingdom | 103 | 36.5 | 35.0 | 274 | 38.6% |
| South Korea | 676 | 240 | 220 | 232 | -30.0% |
| Japan | 544 | 134 | 110 | 225 | -25.5% |
| Germany | 82.1 | 68.3 | 59.8 | 170 | 27.5% |
| China | 825 | 285 | 47.8 | 88.5 | -52.5% |
| Mexico | 231 | 112 | 23.2 | 35.1 | -46.6% |
| Brazil | 40.9 | 28.5 | 45.3 | 24.5 | -15.7% |
| Canada | 44.0 | 47.7 | 24.1 | 16.9 | -27.3% |
| Malaysia | 270 | 46.6 | 11.5 | 12.9 | -63.7% |
| Others | 202 | 215 | 125 | 149 | -9.6% |
| Total | 6,062 | 2,389 | 1,792 | 2,726 | -23.4% |
Top Suppliers of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) to Costa Rica in 2022:
- United States (352.0 units)
- Japan (110.0 units)
- United Kingdom (81.0 units)
- South Korea (71.0 units)
- Germany (53.0 units)
- China (37.0 units)
- Brazil (15.0 units)
- Canada (8.0 units)
- Mexico (7.0 units)
- Malaysia (6.0 units)
Exports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Costa Rica
In 2022, the amount of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) exported from Costa Rica contracted remarkably to 11 units, which is down by -31.2% against the previous year's figure. Over the period under review, exports showed a sharp decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 129%. The exports peaked at 35 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) reduced sharply to $98K in 2022. Overall, exports showed a dramatic contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 195% against the previous year. The exports peaked at $270K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Guatemala | 0.4 | 0.1 | 24.9 | 41.7 | 370.6% |
| Panama | 1.8 | 0.9 | 2.0 | 16.5 | 109.3% |
| Nicaragua | 13.6 | 14.9 | 46.3 | 16.5 | 6.7% |
| El Salvador | N/A | N/A | N/A | 12.6 | 0% |
| United States | 235 | 24.5 | 57.6 | 6.1 | -70.4% |
| Honduras | N/A | 5.1 | N/A | 4.7 | -4.0% |
| Belgium | N/A | N/A | N/A | 0.2 | 0% |
| Others | 18.9 | N/A | 3.7 | N/A | -55.8% |
| Total | 270 | 45.6 | 134 | 98.4 | -28.6% |
Top Export Markets for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) from Costa Rica in 2022:
- Guatemala (4.0 units)
- Nicaragua (2.0 units)
- Honduras (1.0 units)
- El Salvador (1.0 units)
- Panama (1.0 units)
- United States (1.0 units)
- Belgium (1.0 units)
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