Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Guatemala - 2023
Contents:
- Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Guatemala (CIF) - 2022
- Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Guatemala (FOB) - 2022
- Imports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Guatemala
- Exports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Guatemala
Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Guatemala (CIF) - 2022
The average import price for electric motors and generators stood at $27,501 per unit in 2022, jumping by 69% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 176%. Over the period under review, average import prices reached the maximum at $45,237 per unit in 2019; however, from 2020 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($153,438 per unit), while the price for Honduras ($86 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+58.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Guatemala (FOB) - 2022
The average export price for electric motors and generators stood at $2,702 per unit in 2022, waning by -71.1% against the previous year. Over the period under review, the export price showed a abrupt slump. The pace of growth was the most pronounced in 2020 an increase of 1,389%. The export price peaked at $39,184 per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Costa Rica.
From 2012 to 2022, the rate of growth in terms of prices for El Salvador amounted to +2.0% per year.
Imports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Guatemala
In 2022, overseas purchases of electric motors and generators increased by 138% to 19 units for the first time since 2019, thus ending a two-year declining trend. Overall, imports posted a prominent increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of electric motors and generators soared to $523K in 2022. Over the period under review, imports, however, continue to indicate a deep setback. Imports peaked at $633K in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 1.9 | N/A | N/A | 157 | 335.6% |
| China | 253 | 157 | 28.1 | 153 | -15.4% |
| United States | 313 | 99.8 | 50.0 | 127 | -26.0% |
| Spain | N/A | 21.8 | 22.1 | 53.5 | 56.7% |
| Brazil | N/A | N/A | N/A | 18.9 | 0% |
| Italy | 64.9 | 36.7 | N/A | 7.0 | -52.4% |
| Japan | N/A | N/A | N/A | 3.3 | 0% |
| Germany | N/A | 0.1 | N/A | 1.6 | 300.0% |
| El Salvador | N/A | 1.7 | N/A | 0.7 | -35.8% |
| Honduras | 0.6 | N/A | 0.1 | 0.1 | -45.0% |
| Belgium | N/A | N/A | 2.5 | N/A | 0% |
| Panama | N/A | N/A | 12.9 | N/A | 0% |
| Canada | 0.2 | N/A | 6.1 | N/A | 452.3% |
| Others | N/A | 5.4 | 8.5 | N/A | 57.4% |
| Total | 633 | 323 | 130 | 523 | -6.2% |
Top Suppliers of Electric Motors and Generators; DC, of an Output Exceeding 375kW to Guatemala in 2022:
- Mexico (8.0 units)
- Spain (3.0 units)
- Brazil (1.0 units)
- Italy (1.0 units)
- El Salvador (1.0 units)
- United States (1.0 units)
- China (1.0 units)
- Japan (1.0 units)
- Germany (1.0 units)
- Honduras (1.0 units)
Exports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Guatemala
In 2022, shipments abroad of electric motors and generators decreased by 0% to 1 units, falling for the second year in a row after two years of growth. In general, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 900% against the previous year. As a result, the exports reached the peak of 10 units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of electric motors and generators dropped markedly to $2.7K in 2022. Overall, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 14,795%. As a result, the exports reached the peak of $179K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Costa Rica | N/A | 0.3 | N/A | 2.7 | 200.0% |
| Ecuador | N/A | 79.9 | N/A | N/A | 0% |
| Austria | N/A | 5.0 | N/A | N/A | 0% |
| El Salvador | N/A | 93.6 | 9.3 | N/A | -90.1% |
| Honduras | 1.2 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.2 | 179 | 9.3 | 2.7 | 31.0% |
Top Export Markets for Electric Motors and Generators; DC, of an Output Exceeding 375kW from Guatemala in 2022:
- Costa Rica (1.0 units)
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