Price for Electrical Fuses for over 1000 V in Guatemala - 2024
Contents:
- Price for Electrical Fuses for over 1000 V in Guatemala (CIF) - 2022
- Price for Electrical Fuses for over 1000 V in Guatemala (FOB) - 2022
- Imports of Electrical Fuses for over 1000 V in Guatemala
- Exports of Electrical Fuses for over 1000 V in Guatemala
Price for Electrical Fuses for over 1000 V in Guatemala (CIF) - 2022
The average import price for electrical fuses for over 1000 v stood at $0.8 per unit in 2022, declining by -16.9% against the previous year. Overall, the import price recorded a perceptible setback. The most prominent rate of growth was recorded in 2014 when the average import price increased by 133%. As a result, import price reached the peak level of $2.1 per unit. From 2015 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mexico ($9 per unit), while the price for China ($0.5 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+32.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electrical Fuses for over 1000 V in Guatemala (FOB) - 2022
The average export price for electrical fuses for over 1000 v stood at $2.1 per unit in 2022, growing by 104% against the previous year. In general, the export price, however, saw a perceptible slump. Over the period under review, the average export prices hit record highs at $3.4 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
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 Nicaragua ($7 per unit), while the average price for exports to El Salvador ($1 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 (+54.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electrical Fuses for over 1000 V in Guatemala
For the fourth year in a row, Guatemala recorded growth in supplies from abroad of electrical fuses for over 1000 v, which increased by 17% to 1.8M units in 2022. In general, imports showed a significant increase. The growth pace was the most rapid in 2021 when imports increased by 101%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of electrical fuses for over 1000 v dropped modestly to $1.5M in 2022. Overall, imports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 138%. As a result, imports attained the peak of $1.5M, and then fell in the following year.
| Import of Electrical Fuses for over 1000 V in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 18.2 | 258 | 733 | 700 | 237.6% |
| United States | 218 | 206 | 265 | 390 | 21.4% |
| China | 103 | 73.1 | 131 | 246 | 33.7% |
| Colombia | 40.0 | 32.9 | 270 | 40.7 | 0.6% |
| Others | 24.0 | 59.8 | 99.9 | 74.7 | 46.0% |
| Total | 403 | 630 | 1,498 | 1,451 | 53.3% |
Top Suppliers of Electrical Fuses for over 1000 V to Guatemala in 2022:
- Brazil (1039.6K units)
- China (505.4K units)
- United States (212.9K units)
- Colombia (8.5K units)
Exports of Electrical Fuses for over 1000 V in Guatemala
In 2022, shipments abroad of electrical fuses for over 1000 v decreased by -63.5% to 2.4K units, falling for the second consecutive year after two years of growth. Overall, exports, however, enjoyed a significant increase. The growth pace was the most rapid in 2020 with an increase of 1,627% against the previous year. As a result, the exports reached the peak of 14K units. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of electrical fuses for over 1000 v contracted remarkably to $5K in 2022. Over the period under review, exports, however, showed a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 1,300%. As a result, the exports attained the peak of $12K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Electrical Fuses for over 1000 V in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Nicaragua | N/A | N/A | 0.9 | 2.9 | 222.2% |
| El Salvador | 0.4 | 12.5 | 0.9 | 1.9 | 68.1% |
| Honduras | N/A | N/A | 4.9 | 0.2 | -95.9% |
| Others | 0.4 | N/A | N/A | N/A | 0% |
| Total | 0.9 | 12.5 | 6.7 | 5.0 | 77.1% |
Top Export Markets for Electrical Fuses for over 1000 V from Guatemala in 2022:
- El Salvador (1817.0 units)
- Nicaragua (407.0 units)
- Honduras (131.0 units)
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