Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Costa Rica - 2022
Contents:
- Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Costa Rica (CIF) - 2022
- Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Costa Rica (FOB) - 2022
- Imports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Costa Rica
- Exports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Costa Rica
Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Costa Rica (CIF) - 2022
The average import price for tools; for working in the hand, pneumatic, other than rotary type stood at $132 per unit in 2022, falling by -47.5% against the previous year. In general, the import price saw a abrupt descent. The pace of growth was the most pronounced in 2014 when the average import price increased by 97%. Over the period under review, average import prices reached the peak figure at $658 per unit in 2015; however, from 2016 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 the United States ($1,596 per unit), while the price for Ireland ($30 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+12.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Costa Rica (FOB) - 2022
The average export price for tools; for working in the hand, pneumatic, other than rotary type stood at $459 per unit in 2022, rising by 1.6% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price increased by 74%. The export price peaked at $467 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Nicaragua ($1,622 per unit), while the average price for exports to France ($6 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 Guatemala (+54.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Costa Rica
For the fourth year in a row, Costa Rica recorded growth in purchases abroad of tools; for working in the hand, pneumatic, other than rotary type, which increased by 7.6% to 7.5K units in 2022. Overall, imports enjoyed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 53% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, imports of tools; for working in the hand, pneumatic, other than rotary type contracted sharply to $983K in 2022. Over the period under review, imports continue to indicate a noticeable increase. The most prominent rate of growth was recorded in 2021 with an increase of 81%. As a result, imports attained the peak of $1.7M, and then reduced dramatically in the following year.
| Import of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 290 | 453 | 1,126 | 374 | 8.8% |
| China | 250 | 201 | 232 | 246 | -0.5% |
| Taiwan (Chinese) | 87.3 | 73.0 | 83.0 | 75.7 | -4.6% |
| Colombia | 14.5 | 40.6 | 68.7 | 67.7 | 67.1% |
| Malaysia | 29.4 | 44.6 | 50.0 | 55.5 | 23.6% |
| Mexico | 57.3 | 34.3 | 21.9 | 52.6 | -2.8% |
| India | 15.2 | 17.1 | 18.6 | 22.1 | 13.3% |
| Spain | 29.3 | 12.7 | 25.1 | 14.3 | -21.3% |
| Germany | 2.6 | 25.1 | 50.4 | 5.4 | 27.6% |
| Others | 131 | 62.0 | 63.4 | 70.2 | -18.8% |
| Total | 908 | 963 | 1,740 | 983 | 2.7% |
Top Suppliers of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type to Costa Rica in 2022:
- China (5793.0 units)
- Colombia (293.0 units)
- Mexico (260.0 units)
- Malaysia (240.0 units)
- United States (234.0 units)
- Taiwan (Chinese) (158.0 units)
- India (97.0 units)
- Spain (63.0 units)
- Germany (25.0 units)
Exports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Costa Rica
In 2022, exports of tools; for working in the hand, pneumatic, other than rotary type from Costa Rica reduced remarkably to 57 units, which is down by -26.9% on the year before. Overall, exports recorded a sharp downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 144% against the previous year. Over the period under review, the exports of tools; for working in hand, pneumatic, other than rotary type hit record highs at 116 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of tools; for working in the hand, pneumatic, other than rotary type declined dramatically to $26K in 2022. Over the period under review, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 180%. As a result, the exports attained the peak of $35K, and then contracted significantly in the following year.
| Export of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Nicaragua | 2.9 | 2.6 | 8.5 | 8.1 | 40.8% |
| Panama | 0.9 | 3.3 | 4.6 | 3.8 | 61.6% |
| Dominican Republic | 1.5 | 2.1 | 13.4 | 3.6 | 33.9% |
| United States | 9.0 | 0.4 | 1.1 | 3.4 | -27.7% |
| Germany | 2.4 | 1.4 | 1.7 | 2.3 | -1.4% |
| El Salvador | 1.5 | 1.0 | 1.7 | 1.3 | -4.7% |
| Honduras | 3.9 | 0.4 | 0.7 | 1.1 | -34.4% |
| Others | 4.0 | 1.3 | 3.6 | 2.6 | -13.4% |
| Total | 26.1 | 12.6 | 35.2 | 26.1 | 0.0% |
Top Export Markets for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type from Costa Rica in 2022:
- United States (19.0 units)
- Dominican Republic (8.0 units)
- Honduras (6.0 units)
- Germany (5.0 units)
- Nicaragua (5.0 units)
- El Salvador (3.0 units)
- Panama (3.0 units)
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