Guatemala - Goods Vehicles, With Spark-Ignition Internal Combustion Piston Engine - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPetroleum-Engine Cargo Trucks Price in Guatemala - 2023
Contents:
- Petroleum-Engine Cargo Trucks Price in Guatemala (CIF) - 2023
- Petroleum-Engine Cargo Trucks Price in Guatemala (FOB) - 2022
- Petroleum-Engine Cargo Trucks Imports in Guatemala
- Petroleum-Engine Cargo Trucks Exports in Guatemala
Petroleum-Engine Cargo Trucks Price in Guatemala (CIF) - 2023
The average petroleum-engine cargo trucks import price stood at $5,629 per unit in October 2023, reducing by -5.5% against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in January 2023 an increase of 39% against the previous month. As a result, import price reached the peak level of $7,608 per unit; afterwards, it flattened through to October 2023.
Prices varied noticeably by the country of origin: the country with the highest price was China ($15,321 per unit), while the price for Japan ($3,666 per unit) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Mexico (+0.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Petroleum-Engine Cargo Trucks Price in Guatemala (FOB) - 2022
In 2022, the average petroleum-engine cargo trucks export price amounted to $21,123 per unit, with an increase of 7.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. The most prominent rate of growth was recorded in 2018 when the average export price increased by 26%. The export price peaked in 2022 and is likely to see steady growth in the near future.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($52,028 per unit), while the average price for exports to Ecuador ($7,315 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 the United States (+30.3%), while the prices for the other major destinations experienced more modest paces of growth.
Petroleum-Engine Cargo Trucks Imports in Guatemala
In 2022, petroleum-engine cargo trucks imports into Guatemala plummeted to 24K units, waning by -16.6% on 2021. Overall, total imports indicated a modest increase from 2019 to 2022: its volume increased at an average annual rate of +1.9% 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 +30.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 56%. As a result, imports reached the peak of 28K units, and then shrank rapidly in the following year.
In value terms, petroleum-engine cargo trucks imports reduced to $132M in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +7.9% 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 +51.2% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 60%. As a result, imports reached the peak of $140M, and then declined in the following year.
Import of Petroleum-Engine Cargo Trucks in Guatemala (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 94.1 | 78.8 | 103 | 63.1 | -12.5% |
Japan | 0.1 | N/A | 18.2 | 39.7 | 635.0% |
China | 4.2 | 4.0 | 5.9 | 9.4 | 30.8% |
Brazil | 2.5 | 1.1 | 5.2 | 8.4 | 49.8% |
Mexico | 1.5 | 0.8 | 3.3 | 5.6 | 55.1% |
Others | 2.8 | 2.5 | 5.1 | 5.8 | 27.5% |
Total | 105 | 87.4 | 140 | 132 | 7.9% |
Top Suppliers of Petroleum-Engine Cargo Trucks to Guatemala in 2022:
- Japan (10.9K units)
- United States (10.8K units)
- China (0.6K units)
- Mexico (0.5K units)
- Brazil (0.4K units)
Petroleum-Engine Cargo Trucks Exports in Guatemala
Petroleum-engine cargo trucks exports from Guatemala surged to 54 units in 2022, picking up by 32% compared with the previous year. In general, exports recorded a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of 64% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, petroleum-engine cargo trucks exports surged to $1.1M in 2022. Overall, exports saw a prominent expansion. The growth pace was the most rapid in 2021 with an increase of 65%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
Export of Petroleum-Engine Cargo Trucks in Guatemala (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Honduras | 31.9 | 26.1 | 205 | 390 | 130.4% |
El Salvador | 330 | 123 | 420 | 340 | 1.0% |
Belize | 141 | 19.7 | 11.8 | 143 | 0.5% |
Curacao | N/A | 22.3 | N/A | 141 | 151.5% |
Belgium | N/A | N/A | N/A | 52.0 | 0% |
Costa Rica | 166 | 114 | 140 | 26.0 | -46.1% |
United States | 75.2 | 10.5 | 25.5 | 22.5 | -33.1% |
Nicaragua | N/A | 170 | N/A | 16.6 | -68.8% |
Ecuador | N/A | N/A | N/A | 7.3 | 0% |
Others | N/A | N/A | N/A | 2.7 | 0% |
Total | 743 | 485 | 803 | 1,141 | 15.4% |
Top Export Markets for Petroleum-Engine Cargo Trucks from Guatemala in 2022:
- Honduras (15.0 units)
- El Salvador (14.0 units)
- Belize (8.0 units)
- Curacao (7.0 units)
- Costa Rica (3.0 units)
- United States (2.0 units)
- Nicaragua (2.0 units)
- Belgium (1.0 units)
- Ecuador (1.0 units)
This report provides an in-depth analysis of the petroleum-engine cargo trucks 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 29104200 - Goods vehicles, with spark-ignition internal combustion piston engine, other goods vehicles, new
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
This report provides an in-depth analysis of the petroleum-engine cargo trucks market in Guatemala.
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This report provides an in-depth analysis of the petroleum-engine cargo trucks market in Guatemala.
This report provides an in-depth analysis of the truck market in Guatemala.
This report provides an in-depth analysis of the off-highway dumper market in Guatemala.
This report provides an in-depth analysis of the global petroleum-engine cargo trucks market.
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