Guatemala - Electro-Diagnostic Apparatus, And Ultra-Violet Or Infra-Red Ray Apparatus - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Guatemala - Electro-Diagnostic Apparatus, And Ultra-Violet Or Infra-Red Ray Apparatus - Market Analysis, Forecast, Size, Trends and Insights

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Diagnostic Equipment Price in Guatemala - 2023

Contents:

  1. Diagnostic Equipment Price in Guatemala (CIF) - 2022
  2. Diagnostic Equipment Price in Guatemala (FOB) - 2022
  3. Diagnostic Equipment Imports in Guatemala
  4. Diagnostic Equipment Exports in Guatemala

Diagnostic Equipment Price in Guatemala (CIF) - 2022

The average diagnostic equipment import price stood at $9.3 per unit in 2022, growing by 19% against the previous year. Overall, import price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, diagnostic equipment import price increased by +45.8% against 2019 indices. The pace of growth appeared the most rapid in 2014 an increase of 45%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($75 per unit), while the price for the United States ($5.8 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Diagnostic Equipment Price in Guatemala (FOB) - 2022

The average diagnostic equipment export price stood at $6.1 per unit in 2022, declining by -26.7% against the previous year. Overall, the export price saw a perceptible shrinkage. The growth pace was the most rapid in 2017 an increase of 282%. As a result, the export price reached the peak level of $16 per unit. From 2018 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($44 per unit), while the average price for exports to Honduras ($3.7 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 Mexico (+29.4%), while the prices for the other major destinations experienced more modest paces of growth.

Diagnostic Equipment Imports in Guatemala

In 2022, the amount of electro-diagnostic apparatus, and ultra-violet or infra-red ray apparatus imported into Guatemala expanded rapidly to 2.8M units, growing by 11% compared with the previous year's figure. Over the period under review, imports continue to indicate a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, diagnostic equipment imports surged to $26M in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +13.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.2% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Diagnostic Equipment in Guatemala (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States7.67.35.07.3-1.3%
China1.62.04.05.349.1%
Germany1.51.41.14.443.1%
Japan3.20.73.74.310.4%
Others3.74.75.64.56.7%
Total17.616.119.525.713.5%

Top Suppliers of Diagnostic Equipment to Guatemala in 2022:

  1. United States (1251.1K units)
  2. China (851.3K units)
  3. Japan (440.2K units)
  4. Germany (58.7K units)

Diagnostic Equipment Exports in Guatemala

In 2022, exports of electro-diagnostic apparatus, and ultra-violet or infra-red ray apparatus from Guatemala soared to 55K units, jumping by 138% on 2021. Overall, exports saw a remarkable increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, diagnostic equipment exports surged to $334K in 2022. In general, exports enjoyed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 90% against the previous year. As a result, the exports attained the peak of $350K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Diagnostic Equipment in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Honduras30.88.318.179.937.4%
Costa RicaN/A1.047.279.6792.2%
El Salvador52.342.386.055.11.8%
Belize13.33.6N/A54.760.2%
MexicoN/A245N/A51.7-54.1%
United States11.547.41.112.52.8%
Singapore15.9N/AN/AN/A0%
Panama59.01.833.2N/A-25.0%
Others1.81.05.40.1-61.8%
Total18535019133421.8%

Top Export Markets for Diagnostic Equipment from Guatemala in 2022:

  1. Honduras (21.6K units)
  2. Costa Rica (19.3K units)
  3. Belize (7.4K units)
  4. El Salvador (2.9K units)
  5. United States (1.7K units)
  6. Mexico (1.2K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the diagnostic equipment market in Guatemala. 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 26601230 - Electro-cardiographs
  • Prodcom 26601280 - Electro-diagnostic, apparatus (excluding electrocardiographs), n .e.c.
  • Prodcom 26601300 - Ultraviolet or infrared apparatus used in medical, surgical, d ental or veterinary sciences

Country coverage:

  • Guatemala

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Guatemala
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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