Illuminated Sign Price in Guatemala - 2022
Contents:
- Illuminated Sign Price in Guatemala (FOB) - 2022
- Illuminated Sign Price in Guatemala (CIF) - 2022
- Illuminated Sign Exports in Guatemala
- Illuminated Sign Imports in Guatemala
Illuminated Sign Price in Guatemala (FOB) - 2022
In 2022, the average illuminated sign export price amounted to $15,432 per ton, with an increase of 4.6% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average export price increased by 45%. Over the period under review, the average export prices reached the maximum at $23,237 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Costa Rica ($19,829 per ton), while the average price for exports to Nicaragua ($10,518 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to El Salvador (+1.9%), while the prices for the other major destinations experienced more modest paces of growth.
Illuminated Sign Price in Guatemala (CIF) - 2022
The average illuminated sign import price stood at $20,175 per ton in 2022, surging by 10% against the previous year. In general, the import price showed a temperate expansion. The most prominent rate of growth was recorded in 2018 an increase of 39% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($43,787 per ton), while the price for China ($5,931 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+17.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Illuminated Sign Exports in Guatemala
Illuminated sign exports from Guatemala contracted sharply to 77 tons in 2022, with a decrease of -33.7% compared with the previous year's figure. In general, exports, however, saw a buoyant increase. The pace of growth was the most pronounced in 2021 when exports increased by 210%. As a result, the exports reached the peak of 115 tons, and then fell rapidly in the following year.
In value terms, illuminated sign exports contracted notably to $1.2M in 2022. Over the period under review, exports, however, saw a slight increase. The pace of growth appeared the most rapid in 2021 with an increase of 158% against the previous year. As a result, the exports reached the peak of $1.7M, and then dropped sharply in the following year.
| Export of Illuminated Sign in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| El Salvador | 489 | 410 | 1,108 | 712 | 13.3% |
| Honduras | 99.1 | 11.3 | 291 | 187 | 23.6% |
| Costa Rica | 278 | 92.9 | 51.4 | 89.2 | -31.5% |
| Belize | 39.6 | 39.8 | 107 | 68.6 | 20.1% |
| United States | 90.9 | 18.5 | 79.6 | 51.2 | -17.4% |
| Jamaica | 95.9 | 85.3 | 18.0 | 42.0 | -24.1% |
| Panama | 0.1 | 1.6 | 34.2 | 22.0 | 503.7% |
| Others | 22.9 | 1.1 | 14.8 | 9.5 | -25.4% |
| Total | 1,116 | 660 | 1,704 | 1,182 | 1.9% |
Top Export Markets for Illuminated Sign from Guatemala in 2022:
- El Salvador (47.4 tons)
- Honduras (10.8 tons)
- Costa Rica (4.5 tons)
- United States (4.4 tons)
- Belize (4.2 tons)
- Jamaica (3.0 tons)
- Panama (1.4 tons)
Illuminated Sign Imports in Guatemala
In 2022, illuminated sign imports into Guatemala shrank markedly to 46 tons, which is down by -38.6% compared with 2021 figures. In general, imports continue to indicate a sharp contraction. The growth pace was the most rapid in 2021 when imports increased by 155% against the previous year.
In value terms, illuminated sign imports declined sharply to $923K in 2022. Over the period under review, imports saw a abrupt slump. The pace of growth appeared the most rapid in 2021 when imports increased by 183%.
| Import of Illuminated Sign in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 71.6 | 18.3 | 778 | 433 | 82.2% |
| France | 627 | 0.1 | 34.7 | 121 | -42.2% |
| United States | 196 | 141 | 130 | 85.3 | -24.2% |
| China | 181 | 162 | 122 | 85.0 | -22.3% |
| Netherlands | 362 | 0.5 | 0.1 | 66.3 | -43.2% |
| Colombia | 81.4 | 20.8 | 62.1 | 34.5 | -24.9% |
| El Salvador | 77.1 | 3.4 | 27.1 | 19.6 | -36.7% |
| Others | 121 | 136 | 210 | 78.5 | -13.4% |
| Total | 1,718 | 482 | 1,364 | 923 | -18.7% |
Top Suppliers of Illuminated Sign to Guatemala in 2022:
- China (14.3 tons)
- Mexico (13.3 tons)
- United States (4.8 tons)
- France (3.7 tons)
- Netherlands (2.7 tons)
- Colombia (1.3 tons)
- El Salvador (1.2 tons)
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