Costa Rica: Hand Saw Market 2025

Hand Saw Market Size in Costa Rica

In 2022, after two years of growth, there was significant decline in the Costa Rican hand saw market, when its value decreased by -7% to $X. The market value increased at an average annual rate of +3.1% from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, consumption attained the peak level of $X, and then shrank in the following year.

Hand Saw Exports

Exports from Costa Rica

After two years of growth, overseas shipments of hand saws decreased by -16.2% to X tons in 2022. In general, exports saw a deep contraction. The growth pace was the most rapid in 2015 when exports increased by 282%. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, hand saw exports shrank to $X in 2022. Over the period under review, exports saw a abrupt curtailment. The pace of growth was the most pronounced in 2016 when exports increased by 428% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Guatemala (X tons), El Salvador (X tons) and Venezuela (X kg) were the main destinations of hand saw exports from Costa Rica, together accounting for 71% of total exports. The United States, the Dominican Republic, Spain, Italy, Nicaragua and Honduras lagged somewhat behind, together comprising a further 25%.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of +53.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Guatemala ($X), El Salvador ($X) and Venezuela ($X) appeared to be the largest markets for hand saw exported from Costa Rica worldwide, with a combined 78% share of total exports. Italy, the United States, the Dominican Republic, Spain, Nicaragua and Honduras lagged somewhat behind, together comprising a further 8.4%.

Italy, with a CAGR of +64.4%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average hand saw export price amounted to $X per ton, growing by 15% against the previous year. In general, the export price saw a moderate expansion. The pace of growth was the most pronounced in 2016 when the average export price increased by 98% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2017 to 2022, the average export prices failed to regain momentum.

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 Italy ($X per ton), while the average price for exports to the United States ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+17.1%), while the prices for the other major destinations experienced mixed trend patterns.

Hand Saw Imports

Imports into Costa Rica

In 2022, overseas purchases of hand saws decreased by -2.4% to X tons for the first time since 2019, thus ending a two-year rising trend. The total import volume increased at an average annual rate of +2.1% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of 18% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, hand saw imports declined to $X in 2022. The total import value increased at an average annual rate of +2.2% over the period from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 20% against the previous year. As a result, imports reached the peak of $X, and then declined in the following year.

Imports by Country

China (X tons), Mexico (X tons) and the United States (X tons) were the main suppliers of hand saw imports to Costa Rica, together comprising 71% of total imports. Taiwan (Chinese), the UK, Panama, Poland and Portugal lagged somewhat behind, together accounting for a further 23%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the UK (with a CAGR of +102.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest hand saw suppliers to Costa Rica were the United States ($X), China ($X) and Mexico ($X), together comprising 71% of total imports. Taiwan (Chinese), Portugal, Panama, the UK and Poland lagged somewhat behind, together accounting for a further 21%.

Among the main suppliers, the UK, with a CAGR of +89.8%, recorded the highest growth rate of 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 saw import price amounted to $X per ton, falling by -6.2% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average import price increased by 28% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform