Price for Automatic Circuit Breakers for Under 1000 V in Guatemala - 2024
Contents:
- Price for Automatic Circuit Breakers for Under 1000 V in Guatemala (CIF) - 2024
- Price for Automatic Circuit Breakers for Under 1000 V in Guatemala (FOB) - 2022
- Imports of Automatic Circuit Breakers for Under 1000 V in Guatemala
- Exports of Automatic Circuit Breakers for Under 1000 V in Guatemala
Price for Automatic Circuit Breakers for Under 1000 V in Guatemala (CIF) - 2024
In February 2024, the average import price for automatic circuit breakers for under 1000 v amounted to $26.6 per unit, almost unchanged from the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2023 when the average import price increased by 63% m-o-m. As a result, import price reached the peak level of $30.1 per unit. From September 2023 to February 2024, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In February 2024, the country with the highest price was Italy ($24.1 per unit), while the price for Colombia ($5.7 per unit) was amongst the lowest.
From March 2023 to February 2024, the most notable rate of growth in terms of prices was attained by China (+2.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Automatic Circuit Breakers for Under 1000 V in Guatemala (FOB) - 2022
The average export price for automatic circuit breakers for under 1000 v stood at $36 per unit in 2022, increasing by 46% against the previous year. In general, the export price recorded a significant increase. The pace of growth appeared the most rapid in 2016 when the average export price increased by 192%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($41 per unit), while the average price for exports to El Salvador ($8.3 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 (+29.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Automatic Circuit Breakers for Under 1000 V in Guatemala
For the fourth year in a row, Guatemala recorded growth in overseas purchases of automatic circuit breakers for under 1000 v, which increased by 8.4% to 2.3M units in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +19.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +72.4% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 40%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in the immediate term.
In value terms, imports of automatic circuit breakers for under 1000 v soared to $17M in 2022. In general, imports saw a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 67%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in the near future.
| Import of Automatic Circuit Breakers for Under 1000 V in Guatemala (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Dominican Republic | N/A | N/A | 2.3 | 6.4 | 178.3% |
| Mexico | 0.3 | 0.5 | 2.0 | 4.7 | 150.2% |
| United States | 5.5 | 5.5 | 5.7 | 1.6 | -33.7% |
| China | 0.2 | 0.5 | 0.8 | 1.2 | 81.7% |
| Brazil | 0.1 | 0.1 | 0.6 | 0.9 | 108.0% |
| Colombia | N/A | N/A | N/A | 0.3 | 0% |
| Costa Rica | 1.0 | 0.9 | 0.9 | N/A | -5.1% |
| Others | 0.6 | 0.7 | 1.0 | 1.5 | 35.7% |
| Total | 7.7 | 8.0 | 13.4 | 16.8 | 29.7% |
Top Suppliers of Automatic Circuit Breakers for Under 1000 V to Guatemala in 2022:
- Dominican Republic (840.4K units)
- China (533.7K units)
- Mexico (451.1K units)
- United States (197.8K units)
- Brazil (105.3K units)
- Colombia (34.6K units)
- Costa Rica (1.0K units)
Exports of Automatic Circuit Breakers for Under 1000 V in Guatemala
In 2022, the amount of automatic circuit breakers for under 1000 v exported from Guatemala surged to 166K units, with an increase of 32% compared with the previous year. Overall, exports recorded a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 107% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, exports of automatic circuit breakers for under 1000 v skyrocketed to $6M in 2022. Over the period under review, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 152%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in years to come.
| Export of Automatic Circuit Breakers for Under 1000 V in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 737 | 1,151 | 2,971 | 5,710 | 97.9% |
| El Salvador | 28.1 | 53.5 | 91.1 | 132 | 67.5% |
| Belize | N/A | N/A | 1.4 | 43.8 | 3028.6% |
| Dominican Republic | 7.2 | N/A | N/A | 28.4 | 58.0% |
| Others | 28.7 | 16.6 | 13.0 | 35.3 | 7.1% |
| Total | 801 | 1,221 | 3,076 | 5,950 | 95.1% |
Top Export Markets for Automatic Circuit Breakers for Under 1000 V from Guatemala in 2022:
- United States (139.2K units)
- El Salvador (15.9K units)
- Dominican Republic (3.4K units)
- Belize (3.1K units)
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