Price for Machinery; Parts of the Machinery of Heading No. 8425 in Guatemala - 2023
Contents:
- Price for Machinery; Parts of the Machinery of Heading No. 8425 in Guatemala (CIF) - 2022
- Price for Machinery; Parts of the Machinery of Heading No. 8425 in Guatemala (FOB) - 2022
- Imports of Machinery; Parts of the Machinery of Heading No. 8425 in Guatemala
- Exports of Machinery; Parts of the Machinery of Heading No. 8425 in Guatemala
Price for Machinery; Parts of the Machinery of Heading No. 8425 in Guatemala (CIF) - 2022
In 2022, the average import price for machinery; parts of the machinery of heading no. 8425 amounted to $11,502 per ton, with a decrease of -10.3% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of 59%. As a result, import price attained the peak level of $17,304 per ton. From 2014 to 2022, the average import prices failed to regain momentum.
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 the United States ($22,672 per ton), while the price for China ($5,591 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+16.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Machinery; Parts of the Machinery of Heading No. 8425 in Guatemala (FOB) - 2022
The average export price for machinery; parts of the machinery of heading no. 8425 stood at $11,505 per ton in 2022, rising by 49% against the previous year. In general, the export price enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2013 when the average export price increased by 793% against the previous year. As a result, the export price attained the peak level of $25,000 per ton. From 2014 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 El Salvador ($17,133 per ton), while the average price for exports to Mexico ($2,367 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Honduras (+16.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Machinery; Parts of the Machinery of Heading No. 8425 in Guatemala
In 2022, imports of machinery; parts of the machinery of heading no. 8425 into Guatemala skyrocketed to 31 tons, increasing by 66% against the previous year's figure. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +5.3% 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 decreased by -9.6% against 2020 indices.
In value terms, imports of machinery; parts of the machinery of heading no. 8425 soared to $353K in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +10.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Machinery; Parts of the Machinery of Heading No. 8425 in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 1.6 | 0.9 | 0.2 | 88.0 | 280.3% |
| China | 25.3 | 25.1 | 20.2 | 73.7 | 42.8% |
| Germany | 34.2 | 51.9 | 72.7 | 64.1 | 23.3% |
| United States | 91.0 | 50.2 | 73.8 | 52.6 | -16.7% |
| Spain | 7.4 | 31.5 | 4.8 | 22.8 | 45.5% |
| Colombia | 1.2 | N/A | N/A | 18.4 | 148.4% |
| Panama | 55.2 | 37.7 | 12.4 | 9.0 | -45.4% |
| Finland | N/A | 88.3 | 4.0 | N/A | -95.5% |
| Others | 44.1 | 16.5 | 48.8 | 24.1 | -18.2% |
| Total | 260 | 302 | 237 | 353 | 10.7% |
Top Suppliers of Machinery; Parts of the Machinery of Heading No. 8425 to Guatemala in 2022:
- China (13.2 tons)
- Mexico (6.5 tons)
- Germany (3.2 tons)
- United States (2.3 tons)
- Spain (1.4 tons)
- Panama (1.3 tons)
- Colombia (1.0 tons)
Exports of Machinery; Parts of the Machinery of Heading No. 8425 in Guatemala
In 2022, the amount of machinery; parts of the machinery of heading no. 8425 exported from Guatemala surged to 5.8 tons, picking up by 181% on 2021 figures. In general, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of machinery; parts of the machinery of heading no. 8425 skyrocketed to $67K in 2022. Overall, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 701%. Over the period under review, the exports of machinery; parts of machinery of heading no. 8425 hit record highs in 2022 and are likely to see gradual growth in years to come.
| Export of Machinery; Parts of the Machinery of Heading No. 8425 in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Honduras | 2.3 | N/A | N/A | 37.9 | 154.5% |
| El Salvador | 0.5 | 0.2 | N/A | 25.0 | 268.4% |
| Costa Rica | N/A | N/A | 6.3 | 2.1 | -66.7% |
| Mexico | N/A | N/A | N/A | 1.8 | 0% |
| Italy | N/A | 0.6 | N/A | N/A | 0% |
| United States | N/A | N/A | 8.1 | N/A | 0% |
| Saint Kitts and Nevis | N/A | N/A | 0.4 | N/A | 0% |
| Panama | 5.4 | N/A | N/A | N/A | 0% |
| Others | N/A | 1.2 | 1.3 | N/A | 8.3% |
| Total | 8.2 | 2.0 | 16.0 | 66.8 | 101.2% |
Top Export Markets for Machinery; Parts of the Machinery of Heading No. 8425 from Guatemala in 2022:
- Honduras (3.3 tons)
- El Salvador (1.5 tons)
- Mexico (0.8 tons)
- Costa Rica (0.3 tons)
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