Costa Rica: Hand Sieve Market 2024

Hand Sieve Market Size in Costa Rica

In 2022, the Costa Rican hand sieve market decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. Overall, consumption, however, enjoyed tangible growth. As a result, consumption reached the peak level of $X, and then declined dramatically in the following year.

Hand Sieve Production in Costa Rica

In value terms, hand sieve production stood at $X in 2022 estimated in export price. In general, production recorded a dramatic decline. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% against the previous year. Hand sieve production peaked at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

Hand Sieve Exports

Exports from Costa Rica

Hand sieve exports from Costa Rica was estimated at less than X units in 2022, standing approx. at 2021 figures. Overall, exports continue to indicate a significant contraction. The growth pace was the most rapid in 2020 when exports increased by X%. Over the period under review, the exports reached the maximum at X units in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, hand sieve exports skyrocketed to $X in 2022. In general, exports recorded a pronounced setback. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

Panama (X units) was the main destination for hand sieve exports from Costa Rica, with a X% share of total exports. Moreover, hand sieve exports to Panama exceeded the volume sent to the second major destination, Guatemala (X units), threefold. Honduras (X units) ranked third in terms of total exports with a X% share.

From 2018 to 2020, the average annual growth rate of volume to Panama totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Guatemala (X% per year) and Honduras (X% per year).

In value terms, Panama ($X) emerged as the key foreign market for hand sieves and hand riddles exports from Costa Rica, comprising X% of total exports. The second position in the ranking was held by Guatemala ($X), with an X% share of total exports. It was followed by Honduras, with a X% share.

From 2018 to 2020, the average annual rate of growth in terms of value to Panama stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Guatemala (X% per year) and Honduras (X% per year).

Export Prices by Country

The average hand sieve export price stood at $X per unit in 2020, shrinking by X% against the previous year. In general, the export price faced a dramatic setback. The most prominent rate of growth was recorded in 2019 when the average export price increased by X%. As a result, the export price reached the peak level of $X per unit, and then contracted dramatically in the following year.

There were significant differences in the average prices for the major export markets. In 2020, amid the top suppliers, the country with the highest price was Nicaragua ($X per unit), while the average price for exports to the United States ($X per unit) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Nicaragua (X%), while the prices for the other major destinations experienced a decline.

Hand Sieve Imports

Imports into Costa Rica

In 2022, supplies from abroad of hand sieves and hand riddles decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Imports peaked at X units in 2021, and then fell significantly in the following year.

In value terms, hand sieve imports reduced markedly to $X in 2022. In general, imports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. Imports peaked at $X in 2021, and then declined dramatically in the following year.

Imports by Country

China (X units), the United States (X units) and Taiwan (Chinese) (X units) were the main suppliers of hand sieve imports to Costa Rica, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Taiwan (Chinese) (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), the United States ($X) and Taiwan (Chinese) ($X) were the largest hand sieve suppliers to Costa Rica, together accounting for X% of total imports.

Among the main suppliers, Taiwan (Chinese), with a CAGR of X%, recorded the highest rates of growth with regard to 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 2022, the average hand sieve import price amounted to $X per unit, picking up by X% against the previous year. Overall, the import price, however, recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2014 an increase of X%. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Brazil ($X per unit) and China ($X per unit), while the price for Italy ($X per unit) and the UK ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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