Costa Rica - Roller Bearings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingRoller Bearing Price in Costa Rica - 2022
Contents:
- Roller Bearing Price in Costa Rica (CIF) - 2022
- Roller Bearing Price in Costa Rica (FOB) - 2022
- Roller Bearing Imports in Costa Rica
- Roller Bearing Exports in Costa Rica
Roller Bearing Price in Costa Rica (CIF) - 2022
In 2022, the import price in Costa Rica amounted to $11,705 per ton, reducing by -17.4% against the previous year. Over the period under review, the import price recorded a noticeable downturn. The most prominent rate of growth was recorded in 2019 when the import price increased by 47% against the previous year. Costa Rica import price peaked at $18,328 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Canada ($28,956 per ton), while Nigeria ($3,626 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+6.9%), while the other leaders experienced more modest paces of growth.
Roller Bearing Price in Costa Rica (FOB) - 2022
In 2022, the export price in Costa Rica amounted to $8,935 per ton, dropping by -47.4% against the previous year. In general, the export price recorded a perceptible decrease. The growth pace was the most rapid in 2013 when the export price increased by 69%. The Costa Rica export price peaked at $37,671 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United States ($149,053 per ton), while Indonesia ($2,415 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+16.3%), while the other leaders experienced more modest paces of growth.
Roller Bearing Imports in Costa Rica
Roller bearing imports into Costa Rica skyrocketed to 196 tons in 2022, rising by 45% on the year before. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +16.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.6% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, roller bearing imports skyrocketed to $2.3M in 2022. The total import value increased at an average annual rate of +2.4% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Roller Bearing in Costa Rica (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 125 | 105 | 131 | 134 | 2.3% |
| India | 94.1 | 81.7 | 120 | 121 | 8.7% |
| Indonesia | 88.8 | 67.3 | 83.0 | 114 | 8.7% |
| Canada | 97.5 | 76.8 | 85.7 | 98.2 | 0.2% |
| Thailand | 65.5 | 56.9 | 66.6 | 63.5 | -1.0% |
| South Korea | 53.4 | 48.5 | 54.3 | 51.7 | -1.1% |
| Italy | 39.9 | 31.0 | 43.5 | 48.5 | 6.7% |
| France | 43.8 | 36.9 | 44.3 | 42.3 | -1.2% |
| Poland | 22.4 | 20.0 | 47.5 | 41.1 | 22.4% |
| Singapore | 58.1 | 39.3 | 41.3 | 36.3 | -14.5% |
| Austria | 25.7 | 23.7 | 30.3 | 30.4 | 5.8% |
| Spain | 33.5 | 24.2 | 24.6 | 25.8 | -8.3% |
| Nigeria | 7.2 | 19.9 | 11.0 | 12.7 | 20.8% |
| Others | -752.9 | -629.4 | -781.1 | -816.8 | 2.8% |
| Total | 2.1 | 2.0 | 1.9 | 2.3 | 3.1% |
Top Suppliers of Roller Bearing to Costa Rica in 2022:
- Indonesia (12.3K tons)
- Germany (6.9K tons)
- Thailand (6.4K tons)
- India (4.2K tons)
- Italy (3.5K tons)
- Nigeria (3.5K tons)
- Canada (3.4K tons)
- South Korea (3.3K tons)
- Spain (2.5K tons)
- France (2.4K tons)
- Poland (2.1K tons)
- Singapore (1.8K tons)
- Austria (1.8K tons)
Roller Bearing Exports in Costa Rica
After two years of decline, shipments abroad of roller bearings increased by 285% to 6.6 tons in 2022. Over the period under review, exports, however, saw a abrupt shrinkage.
In value terms, roller bearing exports surged to $59K in 2022. Overall, exports, however, recorded a dramatic curtailment.
| Export of Roller Bearing in Costa Rica (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 171 | 157 | 210 | 248 | 13.2% |
| Germany | 164 | 130 | 179 | 157 | -1.4% |
| Singapore | 158 | 150 | 186 | 155 | -0.6% |
| Italy | 101 | 87.5 | 110 | 105 | 1.3% |
| United States | 103 | 82.5 | 87.2 | 97.9 | -1.7% |
| Vietnam | 79.7 | 75.2 | 90.1 | 94.4 | 5.8% |
| France | 90.3 | 73.2 | 91.9 | 72.5 | -7.1% |
| Hong Kong SAR | 49.9 | 58.6 | 48.5 | 46.9 | -2.0% |
| Slovakia | 48.3 | 36.9 | 47.0 | 40.8 | -5.5% |
| South Korea | 34.2 | 25.9 | 31.3 | 23.6 | -11.6% |
| United Arab Emirates | 7.9 | 3.8 | 6.2 | 17.5 | 30.4% |
| Indonesia | 2.4 | 1.9 | 2.4 | 2.9 | 6.5% |
| Others | -1,010.9 | -882.3 | -1,089.4 | -1,061.3 | 1.6% |
| Total | 0.1 | 0.1 | N/A | 0.1 | 0.0% |
Top Export Markets for Roller Bearing from Costa Rica in 2022:
- China (33.4K tons)
- Singapore (6.2K tons)
- Germany (5.5K tons)
- France (5.4K tons)
- Slovakia (4.2K tons)
- Italy (3.4K tons)
- Vietnam (3.0K tons)
- South Korea (1.9K tons)
- United Arab Emirates (1.3K tons)
- Indonesia (1.2K tons)
- Hong Kong SAR (1.2K tons)
- United States (0.7K tons)
This report provides an in-depth analysis of the roller bearing market in Costa Rica. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28151090 - Roller bearings (including combined ball/roller bearings) (excluding tapered roller bearings, spherical roller bearings, n eedle roller bearings)
Country coverage:
- Costa Rica
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Costa Rica
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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