Costa Rica: Crawler Dozer Market 2025

Crawler Dozer Market Size in Costa Rica

The Costa Rican crawler dozer market soared to $X in 2022, rising by 21% 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). In general, consumption, however, showed a deep slump. Crawler dozer consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Crawler Dozer Exports

Exports from Costa Rica

After five years of growth, overseas shipments of crawler dozers decreased by -33.3% to X units in 2022. Overall, exports saw a noticeable slump. The growth pace was the most rapid in 2021 with an increase of 50%. The exports peaked at X units in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, crawler dozer exports soared to $X in 2022. Over the period under review, exports saw a drastic downturn. Over the period under review, the exports reached the maximum at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Nicaragua (X units) and Panama (X units) were the main destinations of crawler dozer exports from Costa Rica.

From 2012 to 2022, the biggest increases were recorded for Nicaragua (with a CAGR of 0.0%).

In value terms, Nicaragua ($X) remains the key foreign market for crawler dozers exports from Costa Rica, comprising 88% of total exports. The second position in the ranking was held by Panama ($X), with a 12% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Nicaragua totaled -1.6%.

Export Prices by Country

In 2022, the average crawler dozer export price amounted to $X per unit, jumping by 404% against the previous year. Over the period under review, the export price, however, saw a abrupt decline. The export price peaked at $X per unit in 2014; however, from 2015 to 2022, 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 Nicaragua ($X per unit), while the average price for exports to Panama stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+114.7%), while the prices for the other major destinations experienced a decline.

Crawler Dozer Imports

Imports into Costa Rica

Crawler dozer imports into Costa Rica soared to X units in 2022, picking up by 25% on the previous year's figure. Overall, imports, however, continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2018 with an increase of 207%. As a result, imports reached the peak of X units. From 2019 to 2022, the growth of imports remained at a lower figure.

In value terms, crawler dozer imports dropped slightly to $X in 2022. In general, imports, however, showed a abrupt decrease. The pace of growth was the most pronounced in 2020 when imports increased by 140% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

El Salvador (X units), the United States (X units) and China (X units) were the main suppliers of crawler dozer imports to Costa Rica, with a combined 60% share of total imports.

From 2012 to 2022, the biggest increases were recorded for El Salvador (with a CAGR of +7.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest crawler dozer suppliers to Costa Rica were El Salvador ($X), China ($X) and the United States ($X), together accounting for 64% of total imports.

In terms of the main suppliers, China, with a CAGR of +16.5%, 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

In 2022, the average crawler dozer import price amounted to $X per unit, reducing by -22% against the previous year. Overall, import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, crawler dozer import price increased by +69.0% against 2018 indices. The pace of growth appeared the most rapid in 2020 an increase of 60%. The import price peaked at $X per unit in 2021, and then reduced rapidly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Canada ($X per unit), while the price for France ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+16.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform