Price for Electrical Fuses for Under 1000 V in Guatemala - 2024
Contents:
- Price for Electrical Fuses for Under 1000 V in Guatemala (CIF) - 2022
- Price for Electrical Fuses for Under 1000 V in Guatemala (FOB) - 2022
- Imports of Electrical Fuses for Under 1000 V in Guatemala
- Exports of Electrical Fuses for Under 1000 V in Guatemala
Price for Electrical Fuses for Under 1000 V in Guatemala (CIF) - 2022
The average import price for electrical fuses for under 1000 v stood at $20 per thousand units in 2022, with a decrease of -5.1% against the previous year. Over the period under review, import price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for electrical fuses for under 1000 v decreased by -13.2% against 2020 indices. The growth pace was the most rapid in 2013 an increase of 78%. As a result, import price attained the peak level of $29 per thousand units. From 2014 to 2022, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($75 per thousand units), while the price for China ($11 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+9.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electrical Fuses for Under 1000 V in Guatemala (FOB) - 2022
In 2022, the average export price for electrical fuses for under 1000 v amounted to less than $0.1 per unit, growing by 16% against the previous year. Over the period under review, the export price, however, showed a slight reduction. The pace of growth was the most pronounced in 2017 when the average export price increased by 342% against the previous year. As a result, the export price attained the peak level of $0.1 per unit. From 2018 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belize ($0.1 per unit), while the average price for exports to Costa Rica (less than $0.1 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 Ecuador (+69.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electrical Fuses for Under 1000 V in Guatemala
In 2022, the amount of electrical fuses for under 1000 v imported into Guatemala rose rapidly to 61M units, increasing by 15% compared with the previous year's figure. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +10.3% 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 +74.2% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 52% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the immediate term.
In value terms, imports of electrical fuses for under 1000 v rose sharply to $1.2M in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +11.7% 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 +51.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 39%. Imports peaked in 2022 and are likely to continue growth in the immediate term.
| Import of Electrical Fuses for Under 1000 V in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 249 | 159 | 347 | 481 | 24.5% |
| United States | 252 | 338 | 321 | 136 | -18.6% |
| Germany | 73.1 | 34.3 | 81.0 | 119 | 17.6% |
| Taiwan (Chinese) | 33.9 | 28.3 | 49.2 | 107 | 46.7% |
| Colombia | 8.7 | 15.8 | 16.0 | 90.3 | 118.1% |
| Mexico | 23.1 | 23.4 | 24.8 | 65.6 | 41.6% |
| Costa Rica | 70.6 | 82.8 | 41.3 | 5.2 | -58.1% |
| Panama | 56.4 | 49.5 | 50.8 | 3.1 | -62.0% |
| Others | 91.3 | 59.9 | 169 | 188 | 27.2% |
| Total | 858 | 790 | 1,100 | 1,195 | 11.7% |
Top Suppliers of Electrical Fuses for Under 1000 V to Guatemala in 2022:
- China (43.7M units)
- Taiwan (Chinese) (4.5M units)
- United States (3.3M units)
- Colombia (2.3M units)
- Germany (1.6M units)
- Mexico (1.4M units)
- Panama (0.1M units)
- Costa Rica (0.1M units)
Exports of Electrical Fuses for Under 1000 V in Guatemala
For the fourth year in a row, Guatemala recorded growth in shipments abroad of electrical fuses for under 1000 v, which increased by 50% to 2.2M units in 2022. Over the period under review, exports continue to indicate significant growth. The pace of growth was the most pronounced in 2020 with an increase of 244%. The exports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, exports of electrical fuses for under 1000 v soared to $44K in 2022. In general, exports posted a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 234%. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the near future.
| Export of Electrical Fuses for Under 1000 V in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Costa Rica | N/A | N/A | 0.4 | 17.6 | 4300.0% |
| Nicaragua | 0.5 | 3.8 | 1.6 | 7.7 | 148.8% |
| Honduras | 4.6 | 0.3 | 4.3 | 7.4 | 17.2% |
| Dominican Republic | N/A | N/A | 1.8 | 4.8 | 166.7% |
| El Salvador | 2.3 | 11.7 | 8.4 | 1.0 | -24.2% |
| Panama | 0.1 | 9.1 | N/A | 0.1 | 0.0% |
| Ecuador | N/A | N/A | 7.1 | N/A | 0% |
| Others | 0.2 | 0.8 | 1.6 | 5.2 | 196.2% |
| Total | 7.7 | 25.7 | 25.1 | 43.8 | 78.5% |
Top Export Markets for Electrical Fuses for Under 1000 V from Guatemala in 2022:
- Costa Rica (1614.3K units)
- Nicaragua (296.8K units)
- Honduras (190.8K units)
- Dominican Republic (49.8K units)
- El Salvador (23.9K units)
- Panama (1.5K units)
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