Costa Rica - Petrol And Oil Dispensing Pumps - Market Analysis, Forecast, Size, Trends And Insights
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View PricingOil Dispensing Pump Price in Costa Rica - 2022
Contents:
- Oil Dispensing Pump Price in Costa Rica (CIF) - 2022
- Oil Dispensing Pump Price in Costa Rica (FOB) - 2022
- Oil Dispensing Pump Imports in Costa Rica
- Oil Dispensing Pump Exports in Costa Rica
Oil Dispensing Pump Price in Costa Rica (CIF) - 2022
The average oil dispensing pump import price stood at $906 per unit in 2022, with an increase of 76% against the previous year. In general, the import price, however, continues to indicate a noticeable slump. The most prominent rate of growth was recorded in 2014 when the average import price increased by 192% against the previous year. Over the period under review, average import prices hit record highs at $2,212 per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($1,895 per unit), while the price for Turkey ($335 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+6.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Oil Dispensing Pump Price in Costa Rica (FOB) - 2022
The average oil dispensing pump export price stood at $10 per unit in 2022, waning by -93.7% against the previous year. Overall, the export price saw a dramatic shrinkage. The pace of growth was the most pronounced in 2020 when the average export price increased by 1,405%. The export price peaked at $2,484 per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Nicaragua.
From 2012 to 2022, the rate of growth in terms of prices for El Salvador amounted to +15.4% per year.
Oil Dispensing Pump Imports in Costa Rica
In 2022, supplies from abroad of petrol and oil dispensing pumps decreased by -17.7% to 1.4K units, falling for the second consecutive year after two years of growth. Overall, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +16.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -20.1% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 95% against the previous year. As a result, imports reached the peak of 1.8K units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, oil dispensing pump imports surged to $1.3M in 2022. The total import value increased at an average annual rate of +6.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Oil Dispensing Pump in Costa Rica (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 830 | 807 | 350 | 650 | -7.8% |
Brazil | 53.4 | 88.4 | 94.6 | 294 | 76.6% |
Turkey | 28.8 | 121 | 146 | 208 | 93.3% |
Italy | 86.8 | 148 | 91.5 | 90.0 | 1.2% |
Germany | 25.8 | 24.3 | 10.5 | 0.6 | -71.5% |
Others | 32.9 | 35.8 | 189 | 37.9 | 4.8% |
Total | 1,058 | 1,225 | 882 | 1,280 | 6.6% |
Top Suppliers of Oil Dispensing Pump to Costa Rica in 2022:
- Turkey (621.0 units)
- United States (343.0 units)
- Brazil (251.0 units)
- Italy (124.0 units)
- Germany (6.0 units)
Oil Dispensing Pump Exports in Costa Rica
In 2022, overseas shipments of petrol and oil dispensing pumps decreased by -85.7% to 1 units, falling for the second consecutive year after two years of growth. In general, exports showed a dramatic contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 83%. As a result, the exports reached the peak of 11 units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, oil dispensing pump exports contracted markedly to $10 in 2022. Over the period under review, exports faced a dramatic shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by 2,660%. As a result, the exports reached the peak of $9.5K. From 2021 to 2022, the growth of the exports remained at a lower figure.
Export of Oil Dispensing Pump in Costa Rica (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Nicaragua | 121 | 2,294 | 222 | 10.0 | -56.4% |
South Korea | N/A | 81.0 | N/A | N/A | 0% |
Peru | N/A | 171 | N/A | N/A | 0% |
Guatemala | 3.0 | 2,782 | 510 | N/A | 1203.8% |
United States | 16.0 | 151 | 26.0 | N/A | 27.5% |
Panama | 68.0 | 1,042 | 16.0 | N/A | -51.5% |
El Salvador | 137 | 2,983 | 331 | N/A | 55.4% |
Honduras | 1.0 | 44.0 | 4.0 | N/A | 100.0% |
Canada | N/A | N/A | 1.0 | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 346 | 9,548 | 1,110 | 10.0 | -69.3% |
Top Export Markets for Oil Dispensing Pump from Costa Rica in 2022:
- Nicaragua (1.0 units)
This report provides an in-depth analysis of the oil dispensing pump 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 28131105 - Petrol and oil dispensing pumps, unit
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
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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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