Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Guatemala - 2022
Contents:
- Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Guatemala (CIF) - 2022
- Imports of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Guatemala
Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Guatemala (CIF) - 2022
The average import price for furnaces and ovens; industrial or laboratory induction or dielectrics stood at $2,115 per unit in 2022, declining by -3.7% against the previous year. In general, the import price saw a mild decrease. The growth pace was the most rapid in 2021 an increase of 6.6% against the previous year. Over the period under review, average import prices hit record highs at $2,561 per unit in 2012; however, from 2013 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 Germany ($2,669 per unit), while the price for Brazil ($538 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Costa Rica (+166.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Guatemala
In 2022, approx. 96 units of furnaces and ovens; industrial or laboratory induction or dielectrics were imported into Guatemala; increasing by 134% on the year before. Over the period under review, imports saw a significant increase. The growth pace was the most rapid in 2021 with an increase of 173%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of furnaces and ovens; industrial or laboratory induction or dielectrics surged to $199K in 2022. In general, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.8 | 2.0 | 1.5 | 76.0 | 200.5% |
| United States | 41.7 | 6.5 | 25.2 | 33.6 | -6.9% |
| Mexico | 3.9 | 11.8 | 11.3 | 23.9 | 83.0% |
| Germany | 1.1 | 11.7 | 18.0 | 16.0 | 144.1% |
| United Kingdom | N/A | N/A | 1.9 | 15.6 | 721.1% |
| Panama | 3.0 | 4.2 | 3.8 | 7.4 | 35.1% |
| Honduras | 1.1 | 1.0 | 1.4 | 4.3 | 57.5% |
| Italy | 2.8 | 2.3 | 1.9 | 3.9 | 11.7% |
| El Salvador | 1.6 | 1.3 | 1.1 | 2.1 | 9.5% |
| Belgium | 0.8 | 0.5 | 0.4 | 0.6 | -9.1% |
| Brazil | 0.3 | 0.2 | 0.2 | 0.5 | 18.6% |
| Hong Kong SAR | 2.0 | N/A | 0.1 | N/A | -77.6% |
| Others | N/A | N/A | N/A | 15.0 | 0% |
| Total | 61.1 | 41.6 | 66.9 | 199 | 48.2% |
Top Suppliers of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric to Guatemala in 2022:
- United States (35.0 units)
- China (29.0 units)
- Mexico (9.0 units)
- United Kingdom (6.0 units)
- Germany (6.0 units)
- Panama (3.0 units)
- Italy (2.0 units)
- Honduras (2.0 units)
- Brazil (1.0 units)
- El Salvador (1.0 units)
- Belgium (1.0 units)
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