Costa Rica: Beverage Manufacturing Press Market 2024

Beverage Manufacturing Press Market Size in Costa Rica

The Costa Rican beverage manufacturing press market shrank significantly to $X in 2022, falling 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). Over the period under review, consumption recorded a abrupt decrease. Over the period under review, the market reached the peak level at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Beverage Manufacturing Press Exports

Exports from Costa Rica

For the fourth consecutive year, Costa Rica recorded decline in shipments abroad of presses and crushers for beverages manufacturing, which decreased by X% to X kg in 2022. Overall, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, beverage manufacturing press exports amounted to $X in 2022. In general, exports posted a moderate increase. The growth pace was the most rapid in 2016 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

The United States (X kg) was the main destination for beverage manufacturing press exports from Costa Rica, accounting for a X% share of total exports. Moreover, beverage manufacturing press exports to the United States exceeded the volume sent to the second major destination, Nicaragua (X kg), fourfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Nicaragua (X% per year) and Panama (X% per year).

From 2012 to 2022, the average annual growth rate of value to Panama amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Nicaragua (X% per year).

Export Prices by Country

In 2022, the average beverage manufacturing press export price amounted to $X per ton, remaining relatively unchanged against the previous year. Over the period under review, the export price saw a measured expansion. The pace of growth appeared the most rapid in 2015 an increase of X% against the previous year. The export price peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Panama ($X per ton), while the average price for exports to Nicaragua ($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 Panama (X%), while the prices for the other major destinations experienced a decline.

Beverage Manufacturing Press Imports

Imports into Costa Rica

In 2022, the amount of presses and crushers for beverages manufacturing imported into Costa Rica dropped markedly to X tons, falling by X% on 2021. Overall, imports saw a deep contraction. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2016 to 2022, the growth of imports remained at a lower figure.

In value terms, beverage manufacturing press imports fell sharply to $X in 2022. In general, imports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2015 with an increase of X%. As a result, imports attained the peak of $X. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Brazil (X tons), Spain (X tons) and the United States (X kg) were the main suppliers of beverage manufacturing press imports to Costa Rica, together accounting for X% of total imports.

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

In value terms, Spain ($X), the United States ($X) and France ($X) appeared to be the largest beverage manufacturing press suppliers to Costa Rica, together comprising X% of total imports. Brazil, Italy and China lagged somewhat behind, together comprising a further X%.

China, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers 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 beverage manufacturing press import price amounted to $X per ton, increasing by X% against the previous year. Over the period under review, import price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, beverage manufacturing press import price increased by X% against 2019 indices. The pace of growth was the most pronounced in 2016 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Brazil ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform