| Product Code: ETC4947620 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Costa Rica import shipments of motor vehicle steering and suspension parts in 2024 saw significant growth, with top exporters being China, Japan, Puerto Rico, South Korea, and Thailand. The market remained moderately concentrated with a relatively high CAGR of 19.37% from 2020 to 2024. The growth rate in 2024 alone was impressive at 20.19%, indicating a strong demand for these parts in the country. Costa Rica continues to be a key market for these imports, with diverse sources contributing to its supply chain.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Costa Rica Motor Vehicle Steering and Suspension Parts Market Overview |
3.1 Costa Rica Country Macro Economic Indicators |
3.2 Costa Rica Motor Vehicle Steering and Suspension Parts Market Revenues & Volume, 2021 & 2031F |
3.3 Costa Rica Motor Vehicle Steering and Suspension Parts Market - Industry Life Cycle |
3.4 Costa Rica Motor Vehicle Steering and Suspension Parts Market - Porter's Five Forces |
3.5 Costa Rica Motor Vehicle Steering and Suspension Parts Market Revenues & Volume Share Segmentations, 2021 & 2031F |
3.6 Costa Rica Motor Vehicle Steering and Suspension Parts Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Costa Rica Motor Vehicle Steering and Suspension Parts Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for motor vehicles in Costa Rica |
4.2.2 Growing awareness about the importance of regular maintenance and replacement of steering and suspension parts |
4.2.3 Technological advancements leading to improved steering and suspension systems in vehicles |
4.3 Market Restraints |
4.3.1 High import duties and taxes on automotive parts |
4.3.2 Fluctuating raw material prices impacting the cost of manufacturing steering and suspension parts |
4.3.3 Lack of skilled workforce in the automotive sector in Costa Rica |
5 Costa Rica Motor Vehicle Steering and Suspension Parts Market Trends |
6 Costa Rica Motor Vehicle Steering and Suspension Parts Market Segmentations |
6.1 Costa Rica Motor Vehicle Steering and Suspension Parts Market Segmentations |
6.1.1 Overview and Analysis |
6.1.2 Costa Rica Motor Vehicle Steering and Suspension Parts Market Revenues & Volume, By Steering Components, 2021-2031F |
6.1.3 Costa Rica Motor Vehicle Steering and Suspension Parts Market Revenues & Volume, By Suspension Components, 2021-2031F |
6.2 Costa Rica Motor Vehicle Steering and Suspension Parts Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Costa Rica Motor Vehicle Steering and Suspension Parts Market Revenues & Volume, By Commercial Vehicle, 2021-2031F |
6.2.3 Costa Rica Motor Vehicle Steering and Suspension Parts Market Revenues & Volume, By Passenger Car, 2021-2031F |
7 Costa Rica Motor Vehicle Steering and Suspension Parts Market Import-Export Trade Statistics |
7.1 Costa Rica Motor Vehicle Steering and Suspension Parts Market Export to Major Countries |
7.2 Costa Rica Motor Vehicle Steering and Suspension Parts Market Imports from Major Countries |
8 Costa Rica Motor Vehicle Steering and Suspension Parts Market Key Performance Indicators |
8.1 Average age of vehicles on the road in Costa Rica |
8.2 Number of road accidents related to steering and suspension issues |
8.3 Adoption rate of advanced steering and suspension technologies in newly manufactured vehicles |
9 Costa Rica Motor Vehicle Steering and Suspension Parts Market - Opportunity Assessment |
9.1 Costa Rica Motor Vehicle Steering and Suspension Parts Market Opportunity Assessment Segmentations, 2021 & 2031F |
9.2 Costa Rica Motor Vehicle Steering and Suspension Parts Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Costa Rica Motor Vehicle Steering and Suspension Parts Market - Competitive Landscape |
10.1 Costa Rica Motor Vehicle Steering and Suspension Parts Market Revenue Share, By Companies, 2024 |
10.2 Costa Rica Motor Vehicle Steering and Suspension Parts Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |