Price for Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in Guatemala - 2022

Contents:

1. Price for Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in Guatemala (CIF) - 2022
2. Price for Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in Guatemala (FOB) - 2022
3. Imports of Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in Guatemala
4. Exports of Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in Guatemala

Price for Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in Guatemala (CIF) - 2022

In 2022, the average import price for floating structures; tanks, coffer-dams, landing stages, buoys and beaconses amounted to $281 per unit, surging by 18% against the previous year. In general, the import price, however, showed a abrupt slump. Over the period under review, average import prices hit record highs at $782 per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United States ($290 per unit) and Australia ($284 per unit), while the price for South Korea ($202 per unit) and Taiwan (Chinese) ($228 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+44.2%), while the prices for the other major suppliers experienced a decline.

Price for Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in Guatemala (FOB) - 2022

The average export price for floating structures; tanks, coffer-dams, landing stages, buoys and beaconses stood at $240 per unit in 2022, picking up by 735% against the previous year. Overall, the export price continues to indicate a significant expansion. The pace of growth appeared the most rapid in 2018 an increase of 2,464%. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for El Salvador.

From 2013 to 2022, the rate of growth in terms of prices for El Salvador amounted to +83.9% per year.

Imports of Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in Guatemala

For the fourth consecutive year, Guatemala recorded growth in overseas purchases of floating structures; tanks, coffer-dams, landing stages, buoys and beaconses, which increased by 6.7% to 1.9K units in 2022. In general, imports enjoyed significant growth. The growth pace was the most rapid in 2021 with an increase of 199% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to see gradual growth in years to come.

In value terms, imports of floating structures; tanks, coffer-dams, landing stages, buoys and beaconses surged to $532K in 2022. Over the period under review, imports posted a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 142% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see steady growth in years to come.

Top Suppliers of Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons to Guatemala in 2022:

1. United States (975.0 units)
2. Australia (409.0 units)
3. China (206.0 units)
4. Canada (177.0 units)
5. Taiwan (Chinese) (72.0 units)
6. South Korea (53.0 units)

Exports of Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in Guatemala

In 2022, shipments abroad of floating structures; tanks, coffer-dams, landing stages, buoys and beaconses decreased by -75% to 1 units for the first time since 2018, thus ending a three-year rising trend. Overall, exports faced a dramatic shrinkage. The pace of growth was the most pronounced in 2021 when exports increased by 33% against the previous year. As a result, the exports reached the peak of 4 units, and then declined dramatically in the following year.

In value terms, exports of floating structures; tanks, coffer-dams, landing stages, buoys and beaconses skyrocketed to $240 in 2022. Over the period under review, exports recorded a pronounced descent. The exports peaked at $276 in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Top Export Markets for Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons from Guatemala in 2022:

1. El Salvador (1.0 units)

Source: IndexBox Market Intelligence Platform