Guatemala - Generators For Internal Combustion Engines - Market Analysis, Forecast, Size, Trends and Insights
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View PricingEngine Generator Price in Guatemala - 2023
Contents:
- Engine Generator Price in Guatemala (CIF) - 2022
- Engine Generator Price in Guatemala (FOB) - 2022
- Engine Generator Imports in Guatemala
- Engine Generator Exports in Guatemala
Engine Generator Price in Guatemala (CIF) - 2022
The average engine generator import price stood at $114 per unit in 2022, reducing by -10.8% against the previous year. In general, import price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, engine generator import price decreased by -26.8% against 2019 indices. The most prominent rate of growth was recorded in 2019 an increase of 35% against the previous year. As a result, import price attained the peak level of $155 per unit. From 2020 to 2022, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from South Korea ($114 per unit) and the United States ($114 per unit), while the price for Germany ($113 per unit) and Hong Kong SAR ($113 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+1.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Engine Generator Price in Guatemala (FOB) - 2022
In 2022, the average engine generator export price amounted to $72 per unit, shrinking by -4.6% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by 8.5%. Over the period under review, the average export prices hit record highs at $75 per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the United States ($72 per unit) and El Salvador ($72 per unit), while the average price for exports to Nicaragua ($69 per unit) and Honduras ($72 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+10.8%), while the prices for the other major destinations experienced more modest paces of growth.
Engine Generator Imports in Guatemala
Engine generator imports into Guatemala surged to 32K units in 2022, with an increase of 27% on 2021. Over the period under review, imports showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 64%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, engine generator imports expanded markedly to $3.6M in 2022. In general, imports recorded a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 67%. Imports peaked in 2022 and are likely to see gradual growth in years to come.
Import of Engine Generator in Guatemala (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 443 | 606 | 1,210 | 1,529 | 51.1% |
Malaysia | 379 | 472 | 454 | 1,062 | 41.0% |
United States | 744 | 601 | 893 | 254 | -30.1% |
Mexico | 39.3 | 31.9 | 97.6 | 200 | 72.0% |
Japan | 59.3 | 51.1 | 99.7 | 144 | 34.4% |
India | 43.0 | 51.1 | 155 | 126 | 43.1% |
Others | 308 | 95.7 | 274 | 297 | -1.2% |
Total | 2,015 | 1,910 | 3,182 | 3,613 | 21.5% |
Top Suppliers of Engine Generator to Guatemala in 2022:
- China (13.5K units)
- Malaysia (9.4K units)
- United States (2.2K units)
- Mexico (1.8K units)
- Japan (1.3K units)
- India (1.1K units)
Engine Generator Exports in Guatemala
In 2022, engine generator exports from Guatemala soared to 426 units, picking up by 143% against 2021. Overall, exports posted a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 230% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, engine generator exports surged to $31K in 2022. In general, exports recorded a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 230%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
Export of Engine Generator in Guatemala (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
El Salvador | 0.3 | 2.3 | 2.2 | 13.3 | 253.9% |
Honduras | 3.2 | 0.9 | 7.5 | 10.9 | 50.5% |
United States | N/A | N/A | N/A | 6.2 | 0% |
Nicaragua | N/A | N/A | 3.1 | 0.2 | -93.5% |
Belize | 0.5 | 0.8 | 0.3 | N/A | -22.5% |
Others | 0.5 | N/A | 0.1 | N/A | -55.3% |
Total | 4.5 | 4.0 | 13.2 | 30.6 | 89.5% |
Top Export Markets for Engine Generator from Guatemala in 2022:
- El Salvador (185.0 units)
- Honduras (152.0 units)
- United States (86.0 units)
- Nicaragua (3.0 units)
This report provides an in-depth analysis of the engine generator 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 29312250 - Generators for internal combustion engines (including dynamos and alternators) (excluding dual-purpose startergenerators)
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:
- 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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