Costa Rica: Intake Air Filter Market 2024

Intake Air Filter Market Size in Costa Rica

The Costa Rican intake air filter market stood at $X in 2023, picking up by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption enjoyed a resilient expansion. Intake air filter consumption peaked at $X in 2017; however, from 2018 to 2023, consumption stood at a somewhat lower figure.

Intake Air Filter Exports

Exports from Costa Rica

In 2023, shipments abroad of intake air filters for internal combustion engines was finally on the rise to reach X units for the first time since 2020, thus ending a two-year declining trend. In general, exports, however, recorded a dramatic shrinkage. The pace of growth was the most pronounced in 2018 when exports increased by X%. Over the period under review, the exports reached the maximum at X units in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.

In value terms, intake air filter exports soared to $X in 2023. Overall, exports, however, showed a precipitous descent. The growth pace was the most rapid in 2018 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2023, the exports failed to regain momentum.

Exports by Country

The United States (X units), Panama (X units) and Guatemala (X units) were the main destinations of intake air filter exports from Costa Rica, together accounting for X% of total exports.

From 2012 to 2023, the biggest increases were recorded for the United States (with a CAGR of X%), while shipments for the other leaders experienced a decline.

In value terms, the United States ($X), Panama ($X) and Guatemala ($X) appeared to be the largest markets for intake air filter exported from Costa Rica worldwide, with a combined X% share of total exports.

The United States, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2023, the average intake air filter export price amounted to $X per unit, with an increase of X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2019 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2020 to 2023, the average export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2023, 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 Colombia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Intake Air Filter Imports

Imports into Costa Rica

Intake air filter imports into Costa Rica surged to X units in 2023, jumping by X% against the previous year. In general, imports continue to indicate strong growth. The pace of growth appeared the most rapid in 2015 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X units in 2017; however, from 2018 to 2023, imports stood at a somewhat lower figure.

In value terms, intake air filter imports totaled $X in 2023. Overall, imports recorded a prominent expansion. The pace of growth appeared the most rapid in 2015 with an increase of X%. Over the period under review, imports reached the maximum at $X in 2018; however, from 2019 to 2023, imports stood at a somewhat lower figure.

Imports by Country

The United States (X units), China (X units) and Mexico (X units) were the main suppliers of intake air filter imports to Costa Rica, together accounting for X% of total imports. Japan, Germany, Brazil and Panama lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the biggest increases were recorded for Panama (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), China ($X) and Mexico ($X) were the largest intake air filter suppliers to Costa Rica, with a combined X% share of total imports. Japan, Germany, Brazil and Panama lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Panama, with a CAGR of X%, saw 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

The average intake air filter import price stood at $X per unit in 2023, which is down by X% against the previous year. Overall, the import price recorded a pronounced contraction. The growth pace was the most rapid in 2022 when the average import price increased by X%. Over the period under review, average import prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2023, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2023, amid the top importers, the highest price was recorded for prices from Brazil ($X per unit) and Mexico ($X per unit), while the price for Panama ($X per unit) and the United States ($X per unit) were amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Mexico (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform