Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Guatemala - 2024
Contents:
- Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Guatemala (CIF) - 2022
- Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Guatemala (FOB) - 2022
- Imports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Guatemala
- Exports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Guatemala
Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Guatemala (CIF) - 2022
In 2022, the average import price for electrical circuit prefabricated elements, connectors, contact elements and other equipment amounted to $33 per thousand units, rising by 26% against the previous year. Over the last decade, it increased at an average annual rate of +3.6%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($68 per thousand units), while the price for Costa Rica ($10 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Guatemala (FOB) - 2022
The average export price for electrical circuit prefabricated elements, connectors, contact elements and other equipment stood at $27 per thousand units in 2022, waning by -70.8% against the previous year. Over the period under review, the export price showed a perceptible reduction. The most prominent rate of growth was recorded in 2021 when the average export price increased by 115%. As a result, the export price reached the peak level of $92 per thousand units, and then declined remarkably in the following year.
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 the United States ($114 per thousand units), while the average price for exports to Colombia ($8.7 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+101.2%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Guatemala
Imports of electrical circuit prefabricated elements, connectors, contact elements and other equipment into Guatemala shrank modestly to 521M units in 2022, falling by -4.9% on the previous year's figure. Overall, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +13.6% 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 +49.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 57% against the previous year. As a result, imports attained the peak of 548M units, and then fell modestly in the following year.
In value terms, imports of electrical circuit prefabricated elements, connectors, contact elements and other equipment soared to $17M in 2022. In general, imports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 74%. Imports peaked in 2022 and are likely to see gradual growth in the near future.
Import of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Guatemala (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 1.4 | 1.5 | 4.4 | 7.7 | 76.5% |
United States | 4.3 | 3.0 | 3.4 | 2.6 | -15.4% |
Mexico | 0.4 | 1.0 | 1.9 | 1.8 | 65.1% |
Costa Rica | 1.3 | 1.1 | 1.8 | 1.5 | 4.9% |
Brazil | 0.2 | 0.2 | 0.2 | 0.5 | 35.7% |
Spain | 0.6 | 0.3 | 0.4 | 0.4 | -12.6% |
Honduras | 0.1 | 0.1 | 0.3 | 0.3 | 44.2% |
Others | 1.2 | 1.0 | 2.0 | 2.5 | 27.7% |
Total | 9.4 | 8.3 | 14.4 | 17.2 | 22.3% |
Top Suppliers of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment to Guatemala in 2022:
- China (221.3M units)
- Costa Rica (139.0M units)
- Mexico (47.5M units)
- United States (38.9M units)
- Brazil (22.9M units)
- Spain (12.7M units)
- Honduras (6.9M units)
Exports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Guatemala
In 2022, exports of electrical circuit prefabricated elements, connectors, contact elements and other equipment from Guatemala reduced remarkably to 14M units, with a decrease of -68.7% compared with 2021 figures. In general, exports, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 351% against the previous year. As a result, the exports reached the peak of 44M units, and then reduced rapidly in the following year.
In value terms, exports of electrical circuit prefabricated elements, connectors, contact elements and other equipment reduced rapidly to $370K in 2022. Overall, exports showed a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 870% against the previous year. As a result, the exports attained the peak of $4M, and then shrank markedly in the following year.
Export of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Guatemala (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
El Salvador | 320 | 232 | 186 | 205 | -13.8% |
Honduras | 76.6 | 68.3 | 188 | 70.3 | -2.8% |
Nicaragua | 50.2 | 21.9 | 55.8 | 26.5 | -19.2% |
United States | 5.5 | 41.7 | 3,579 | 24.3 | 64.1% |
Costa Rica | 4.1 | 9.6 | 15.7 | 9.7 | 33.2% |
Panama | 6.7 | 10.6 | 15.9 | 7.5 | 3.8% |
Mexico | 15.3 | 16.4 | N/A | 5.5 | -28.9% |
Colombia | N/A | N/A | N/A | 2.6 | 0% |
Others | 24.8 | 16.8 | 6.1 | 18.7 | -9.0% |
Total | 503 | 417 | 4,046 | 370 | -9.7% |
Top Export Markets for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment from Guatemala in 2022:
- El Salvador (9.0M units)
- Honduras (2.2M units)
- Costa Rica (0.5M units)
- Nicaragua (0.5M units)
- Mexico (0.3M units)
- Colombia (0.3M units)
- Panama (0.2M units)
- United States (0.2M units)
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