Costa Rica - Public-Transport Passenger Motor Vehicles - Market Analysis, Forecast, Size, Trends and Insights
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View PricingBus Price in Costa Rica - 2022
Contents:
- Bus Price in Costa Rica (CIF) - 2022
- Bus Price in Costa Rica (FOB) - 2022
- Bus Imports in Costa Rica
- Bus Exports in Costa Rica
Bus Price in Costa Rica (CIF) - 2022
The average bus import price stood at $41,092 per unit in 2022, shrinking by -8.8% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the average import price increased by 18%. The import price peaked at $62,135 per unit in 2016; however, from 2017 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 Brazil ($76,675 per unit), while the price for the United States ($5,332 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+6.9%), while the prices for the other major suppliers experienced a decline.
Bus Price in Costa Rica (FOB) - 2022
In 2022, the average bus export price amounted to $23,413 per unit, dropping by -34.4% against the previous year. In general, the export price recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2018 an increase of 302% against the previous year. Over the period under review, the average export prices hit record highs at $59,425 per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Panama ($46,300 per unit), while the average price for exports to the Dominican Republic ($6,000 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 Panama (+22.5%), while the prices for the other major destinations experienced more modest paces of growth.
Bus Imports in Costa Rica
Bus imports into Costa Rica shrank markedly to 422 units in 2022, declining by -28.8% against the previous year. Over the period under review, imports faced a abrupt downturn. The pace of growth was the most pronounced in 2021 with an increase of 100%. Imports peaked at 612 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, bus imports plummeted to $17M in 2022. Overall, imports continue to indicate a sharp reduction. The pace of growth was the most pronounced in 2021 with an increase of 61%. Imports peaked at $34M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
Import of Bus in Costa Rica (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 8.5 | 4.4 | 3.8 | 7.1 | -5.8% |
South Korea | 4.2 | 1.8 | 4.8 | 5.9 | 12.0% |
China | 6.4 | 3.5 | 9.0 | 1.6 | -37.0% |
Brazil | 9.4 | 3.1 | 8.0 | 1.1 | -51.1% |
United States | 1.3 | 0.9 | 0.6 | 0.7 | -18.6% |
Others | 4.1 | 2.8 | 0.6 | 0.8 | -42.0% |
Total | 33.9 | 16.6 | 26.7 | 17.3 | -20.1% |
Top Suppliers of Bus to Costa Rica in 2022:
- United States (135.0 units)
- South Korea (119.0 units)
- Japan (107.0 units)
- China (33.0 units)
- Brazil (14.0 units)
Bus Exports in Costa Rica
Bus exports from Costa Rica surged to 31 units in 2022, rising by 35% compared with the year before. Over the period under review, exports posted a significant expansion. The growth pace was the most rapid in 2021 with an increase of 360%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, bus exports contracted to $726K in 2022. Overall, exports enjoyed a resilient increase. The growth pace was the most rapid in 2021 when exports increased by 278% against the previous year. As a result, the exports attained the peak of $821K, and then shrank in the following year.
Export of Bus in Costa Rica (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Nicaragua | 366 | 179 | 676 | 606 | 18.3% |
Panama | 86.3 | 28.4 | 16.5 | 46.3 | -18.7% |
Honduras | N/A | N/A | N/A | 8.0 | 0% |
Dominican Republic | N/A | N/A | N/A | 6.0 | 0% |
Germany | N/A | N/A | 6.4 | N/A | 0% |
Guatemala | 9.6 | N/A | N/A | N/A | 0% |
United States | 13.2 | 10.0 | 14.4 | N/A | 4.4% |
El Salvador | N/A | N/A | 107 | N/A | 0% |
Others | N/A | N/A | N/A | 60.0 | 0% |
Total | 475 | 217 | 821 | 726 | 15.2% |
Top Export Markets for Bus from Costa Rica in 2022:
- Nicaragua (17.0 units)
- Panama (1.0 units)
- Honduras (1.0 units)
- Dominican Republic (1.0 units)
This report provides an in-depth analysis of the bus 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 29103000 - Motor vehicles for the transport of . .10 persons
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
This report provides an in-depth analysis of the bus market in Costa Rica.
This report provides an in-depth analysis of the global bus market.
This report provides an in-depth analysis of the bus market in Costa Rica.
This report provides an in-depth analysis of the global bus market.
Discover the leading countries in the import market for buses and the key statistics behind their import activities. Learn how these countries drive the demand for sustainable transportation solutions through bus imports.
In 2016, the amount of motor vehicle imported worldwide stood at X tons, reducing by -X% against the previous year figure. Overall, motor vehicle imports continue to indicate a relatively flat ...
In 2016, the amount of motor vehicle imported worldwide stood at X tons, reducing by -X% against the previous year figure. Overall, motor vehicle imports continue to indicate a relatively flat ...
Discover the leading countries in the import market for buses and the key statistics behind their import activities. Learn how these countries drive the demand for sustainable transportation solutions through bus imports.
In 2016, the amount of motor vehicle imported worldwide stood at X tons, reducing by -X% against the previous year figure. Overall, motor vehicle imports continue to indicate a relatively flat ...
In 2016, the amount of motor vehicle imported worldwide stood at X tons, reducing by -X% against the previous year figure. Overall, motor vehicle imports continue to indicate a relatively flat ...