Price for Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) in Guatemala - 2023
Contents:
- Price for Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) in Guatemala (CIF) - 2022
- Price for Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) in Guatemala (FOB) - 2022
- Imports of Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) in Guatemala
- Exports of Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) in Guatemala
Price for Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) in Guatemala (CIF) - 2022
The average import price for engines; pneumatic power engines and motors, other than linear acting (cylinders)s stood at $583 per unit in 2022, waning by -5.6% against the previous year. Over the period under review, the import price showed a noticeable reduction. The pace of growth appeared the most rapid in 2014 when the average import price increased by 16% against the previous year. The import price peaked at $975 per unit in 2016; however, from 2017 to 2022, 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 ($670 per unit), while the price for Malaysia ($355 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+77.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) in Guatemala (FOB) - 2022
In 2022, the average export price for engines; pneumatic power engines and motors, other than linear acting (cylinders)s amounted to $1.3 thousand per unit, jumping by 23% against the previous year. Over the period under review, the export price enjoyed a significant increase. The pace of growth was the most pronounced in 2013 an increase of 58,448% against the previous year. As a result, the export price reached the peak level of $1.4 thousand per unit. From 2014 to 2022, the average export prices remained at a lower figure.
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 Mexico ($1.9 thousand per unit), while the average price for exports to Honduras ($343 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 Mexico (+113.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) in Guatemala
In 2022, overseas purchases of engines; pneumatic power engines and motors, other than linear acting (cylinders)s increased by 180% to 870 units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of engines; pneumatic power engines and motors, other than linear acting (cylinders)s skyrocketed to $508K in 2022. Overall, imports posted a prominent expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 92.3 | 102 | 82.5 | 181 | 25.2% |
| China | 103 | 66.4 | 5.1 | 139 | 10.5% |
| Italy | 11.2 | 7.2 | 7.8 | 51.0 | 65.7% |
| Germany | 20.2 | 18.8 | 24.2 | 39.8 | 25.4% |
| Mexico | 23.6 | 2.5 | 20.1 | 17.4 | -9.7% |
| Malaysia | 8.2 | 11.4 | 1.4 | 12.8 | 16.0% |
| France | 3.0 | 1.1 | 0.3 | 11.5 | 56.5% |
| El Salvador | 1.5 | 2.5 | 7.1 | 7.6 | 71.8% |
| Japan | 6.5 | 3.9 | 1.6 | 5.7 | -4.3% |
| Others | 39.7 | 32.0 | 42.2 | 41.8 | 1.7% |
| Total | 309 | 247 | 192 | 508 | 18.0% |
Top Suppliers of Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) to Guatemala in 2022:
- United States (352.0 units)
- China (209.0 units)
- Italy (78.0 units)
- Germany (61.0 units)
- Malaysia (36.0 units)
- Mexico (26.0 units)
- France (19.0 units)
- El Salvador (13.0 units)
- Japan (10.0 units)
Exports of Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) in Guatemala
In 2022, approx. 9 units of engines; pneumatic power engines and motors, other than linear acting (cylinders)s were exported from Guatemala; picking up by 50% against the previous year. Overall, exports, however, faced a abrupt contraction. Over the period under review, the exports of hit record highs at 14 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of engines; pneumatic power engines and motors, other than linear acting (cylinders)s surged to $12K in 2022. Over the period under review, exports, however, continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2021 when exports increased by 95% against the previous year. Over the period under review, the exports of hit record highs at $15K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 8.1 | 1.8 | 3.4 | 5.8 | -10.5% |
| El Salvador | 0.8 | 0.2 | 1.2 | 2.8 | 51.8% |
| Costa Rica | 4.7 | 0.8 | 1.3 | 1.9 | -26.1% |
| Panama | 1.6 | 0.3 | 0.4 | 0.5 | -32.1% |
| Chile | N/A | N/A | N/A | 0.5 | 0% |
| Honduras | N/A | N/A | 0.1 | 0.3 | 200.0% |
| Others | N/A | 0.1 | N/A | N/A | 0% |
| Total | 15.2 | 3.3 | 6.4 | 11.8 | -8.1% |
Top Export Markets for Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) from Guatemala in 2022:
- Mexico (3.0 units)
- El Salvador (2.0 units)
- Honduras (1.0 units)
- Panama (1.0 units)
- Costa Rica (1.0 units)
- Chile (1.0 units)
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