Costa Rica: Market for Non-Domestic Percolators and Equipment For Cooking Or Heating Food 2025

Market Size for Non-Domestic Percolators and Equipment For Cooking Or Heating Food in Costa Rica

The Costa Rican market for non-domestic percolators and equipment for cooking or heating food was finally on the rise to reach $X in 2022, after two years of decline. Overall, consumption saw measured growth. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Exports of Non-Domestic Percolators and Equipment For Cooking Or Heating Food

Exports from Costa Rica

In 2022, shipments abroad of non-domestic percolators and equipment for cooking or heating food was finally on the rise to reach X units after three years of decline. Over the period under review, exports, however, saw a perceptible descent. The growth pace was the most rapid in 2014 with an increase of 127% against the previous year. As a result, the exports reached the peak of X units. From 2015 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of non-domestic percolators and equipment for cooking or heating food skyrocketed to $X in 2022. In general, exports posted a resilient increase. The pace of growth was the most pronounced in 2014 when exports increased by 98% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Barbados (X units), Nicaragua (X units) and Honduras (X units) were the main destinations of exports of non-domestic percolators and equipment for cooking or heating food from Costa Rica, with a combined 44% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Barbados (with a CAGR of +17.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for non-domestic percolators and equipment for cooking or heating food exported from Costa Rica were Chile ($X), Nicaragua ($X) and Honduras ($X), with a combined 55% share of total exports.

Among the main countries of destination, Nicaragua, with a CAGR of +107.0%, recorded the highest rates of growth with regard to the value of exports, 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 export price for non-domestic percolators and equipment for cooking or heating food amounted to $X per unit, picking up by 21% against the previous year. Over the period under review, the export price recorded strong growth. The pace of growth appeared the most rapid in 2017 an increase of 141% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

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 Chile ($X per unit), while the average price for exports to Guatemala ($X 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 Nicaragua (+85.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Domestic Percolators and Equipment For Cooking Or Heating Food

Imports into Costa Rica

After two years of decline, overseas purchases of non-domestic percolators and equipment for cooking or heating food increased by 101% to X units in 2022. Overall, imports showed a strong expansion. The pace of growth was the most pronounced in 2017 when imports increased by 131%. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the near future.

In value terms, imports of non-domestic percolators and equipment for cooking or heating food rose rapidly to $X in 2022. Over the period under review, imports, however, recorded a deep slump. The pace of growth appeared the most rapid in 2017 when imports increased by 94%. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of imports of failed to regain momentum.

Imports by Country

In 2022, the United States (X units) constituted the largest supplier of non-domestic percolators and equipment for cooking or heating food to Costa Rica, with a 76% share of total imports. Moreover, imports of non-domestic percolators and equipment for cooking or heating food from the United States exceeded the figures recorded by the second-largest supplier, China (X units), sevenfold. Germany (X units) ranked third in terms of total imports with an 8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States stood at +11.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-1.9% per year) and Germany (+26.5% per year).

In value terms, the United States ($X) constituted the largest supplier of non-domestic percolators and equipment for cooking or heating food to Costa Rica, comprising 46% of total imports. The second position in the ranking was taken by Italy ($X), with a 13% share of total imports. It was followed by Germany, with a 13% share.

From 2012 to 2022, the average annual growth rate of value from the United States totaled -8.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-5.8% per year) and Germany (+15.9% per year).

Import Prices by Country

In 2022, the average import price for non-domestic percolators and equipment for cooking or heating food amounted to $X per unit, waning by -44.6% against the previous year. In general, the import price recorded a deep setback. The pace of growth appeared the most rapid in 2016 when the average import price increased by 25%. As a result, import price attained the peak level of $X per unit. From 2017 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per unit), while the price for Switzerland ($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 (-0.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform