Guatemala - Machinery For Packing Or Wrapping - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMachinery for Packing Price in Guatemala - 2023
Contents:
- Machinery for Packing Price in Guatemala (CIF) - 2022
- Machinery for Packing Price in Guatemala (FOB) - 2022
- Machinery for Packing Imports in Guatemala
- Machinery for Packing Exports in Guatemala
Machinery for Packing Price in Guatemala (CIF) - 2022
In 2022, the average machinery for packing import price amounted to $602 per unit, which is down by -31% against the previous year. In general, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, machinery for packing import price increased by +26.9% against 2020 indices. The growth pace was the most rapid in 2021 when the average import price increased by 84% against the previous year. As a result, import price reached the peak level of $871 per unit, and then fell markedly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($1,531 per unit), while the price for China ($184 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+9.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Machinery for Packing Price in Guatemala (FOB) - 2022
The average machinery for packing export price stood at $245 per unit in 2022, with a decrease of -27.6% against the previous year. In general, the export price, however, posted a pronounced expansion. The most prominent rate of growth was recorded in 2016 an increase of 140%. As a result, the export price attained the peak level of $465 per unit. From 2017 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Costa Rica ($543 per unit), while the average price for exports to Honduras ($74 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 Colombia (+102.0%), while the prices for the other major destinations experienced more modest paces of growth.
Machinery for Packing Imports in Guatemala
Machinery for packing imports into Guatemala soared to 37K units in 2022, with an increase of 116% compared with the year before. Over the period under review, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, machinery for packing imports surged to $22M in 2022. Overall, imports enjoyed a strong increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Machinery for Packing in Guatemala (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 8.1 | 5.7 | 2.8 | 6.6 | -6.6% |
Germany | 2.3 | 0.3 | 2.8 | 6.3 | 39.9% |
China | 1.0 | 1.0 | 0.6 | 3.0 | 44.2% |
Taiwan (Chinese) | N/A | N/A | N/A | 2.0 | 0% |
Spain | 0.4 | 0.7 | 2.5 | 1.4 | 51.8% |
Brazil | 0.5 | 0.9 | 0.8 | 0.8 | 17.0% |
United States | 0.8 | 1.2 | 1.3 | 0.7 | -4.4% |
Others | 0.8 | 1.2 | 4.3 | 1.6 | 26.0% |
Total | 13.9 | 10.9 | 15.1 | 22.5 | 17.4% |
Top Suppliers of Machinery for Packing to Guatemala in 2022:
- China (16.1K units)
- Italy (6.2K units)
- Taiwan (Chinese) (4.3K units)
- Germany (4.1K units)
- United States (2.0K units)
- Spain (1.5K units)
- Brazil (0.9K units)
Machinery for Packing Exports in Guatemala
In 2022, exports of machinery for packing or wrapping from Guatemala skyrocketed to 1.4K units, with an increase of 16% on the previous year. Over the period under review, exports showed a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 295%. As a result, the exports attained the peak of 1.8K units. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, machinery for packing exports contracted markedly to $332K in 2022. In general, exports posted a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 165% against the previous year. The exports peaked at $394K in 2021, and then declined markedly in the following year.
Export of Machinery for Packing in Guatemala (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
El Salvador | 28.8 | 25.2 | 34.5 | 148 | 72.6% |
Nicaragua | 21.2 | 22.9 | 8.2 | 60.5 | 41.8% |
Dominican Republic | N/A | N/A | N/A | 40.4 | 0% |
Honduras | 33.3 | 84.6 | 2.6 | 23.5 | -11.0% |
Mexico | 19.4 | 44.9 | 27.2 | 21.8 | 4.0% |
Costa Rica | 13.2 | 27.9 | 241 | 21.2 | 17.1% |
Saudi Arabia | N/A | N/A | N/A | 11.6 | 0% |
Haiti | N/A | 70.0 | N/A | N/A | 0% |
Colombia | N/A | 7.9 | 53.1 | N/A | 572.2% |
Chile | N/A | 11.0 | N/A | N/A | 0% |
Others | N/A | 12.3 | 27.1 | 5.2 | -35.0% |
Total | 116 | 307 | 394 | 332 | 42.0% |
Top Export Markets for Machinery for Packing from Guatemala in 2022:
- El Salvador (328.0 units)
- Honduras (317.0 units)
- Nicaragua (308.0 units)
- Dominican Republic (196.0 units)
- Saudi Arabia (93.0 units)
- Mexico (74.0 units)
- Costa Rica (39.0 units)
This report provides an in-depth analysis of the machinery for packing 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 28292180 - Machinery for packing or wrapping (excluding for filling, c losing, sealing, capsuling or labelling bottles, cans, boxes, b ags or other containers)
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
-
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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