Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Guatemala - 2024
Contents:
- Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Guatemala (CIF) - 2022
- Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Guatemala (FOB) - 2022
- Imports of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Guatemala
- Exports of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Guatemala
Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Guatemala (CIF) - 2022
In 2022, the average import price for machines and mechanical appliances; parts, of those having individual functionses amounted to $8,536 per ton, reducing by -19.8% against the previous year. Over the period under review, the import price continues to indicate a noticeable decline. The most prominent rate of growth was recorded in 2015 an increase of 49%. The import price peaked at $15,489 per ton in 2013; however, from 2014 to 2022, import prices remained at a 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 Italy ($23,692 per ton), while the price for South Korea ($3,797 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.5%), while the prices for the other major suppliers experienced a decline.
Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Guatemala (FOB) - 2022
In 2022, the average export price for machines and mechanical appliances; parts, of those having individual functionses amounted to $10,625 per ton, increasing by 31% against the previous year. Over the period under review, the export price enjoyed noticeable growth. The pace of growth was the most pronounced in 2015 when the average export price increased by 84% against the previous year. As a result, the export price reached the peak level of $25,233 per ton. From 2016 to 2022, the average export prices remained at a somewhat 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 Honduras ($16,418 per ton), while the average price for exports to Colombia ($7,445 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 Italy (+33.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Guatemala
In 2022, the amount of machines and mechanical appliances; parts, of those having individual functionses imported into Guatemala skyrocketed to 2.3K tons, rising by 120% on 2021. In general, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of machines and mechanical appliances; parts, of those having individual functionses surged to $20M in 2022. Over the period under review, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Guatemala (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 3.8 | 2.2 | 2.9 | 7.1 | 23.2% |
| India | N/A | N/A | N/A | 3.2 | 0% |
| United States | 1.0 | 1.2 | 1.6 | 1.4 | 11.9% |
| Colombia | 1.0 | 0.5 | 0.8 | 1.4 | 11.9% |
| Italy | 0.3 | 1.2 | 2.1 | 1.3 | 63.0% |
| China | 0.4 | 1.4 | 0.5 | 1.2 | 44.2% |
| South Korea | 0.2 | 0.1 | 0.2 | 0.2 | 0.0% |
| Others | 2.7 | 2.9 | 3.2 | 4.3 | 16.8% |
| Total | 9.5 | 9.5 | 11.4 | 20.0 | 28.2% |
Top Suppliers of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions to Guatemala in 2022:
- Malaysia (1366.1 tons)
- India (283.3 tons)
- Colombia (207.7 tons)
- China (132.8 tons)
- United States (119.8 tons)
- Italy (55.5 tons)
- South Korea (41.2 tons)
Exports of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Guatemala
After three years of growth, overseas shipments of machines and mechanical appliances; parts, of those having individual functionses decreased by -33.8% to 32 tons in 2022. Overall, exports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 178%. As a result, the exports reached the peak of 49 tons, and then dropped dramatically in the following year.
In value terms, exports of machines and mechanical appliances; parts, of those having individual functionses shrank to $344K in 2022. Over the period under review, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 212% against the previous year. As a result, the exports reached the peak of $397K, and then contracted in the following year.
| Export of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| El Salvador | 8.3 | 30.3 | 51.8 | 149 | 161.8% |
| United States | N/A | 0.8 | 200 | 34.2 | 553.8% |
| Honduras | 7.7 | 20.0 | 17.5 | 30.3 | 57.9% |
| Mexico | 16.2 | 39.8 | 43.9 | 28.9 | 21.3% |
| Colombia | N/A | 16.9 | 17.0 | 28.6 | 30.1% |
| Nicaragua | 7.2 | 6.3 | 30.5 | 28.4 | 58.0% |
| Panama | 4.6 | 2.8 | 14.5 | 17.9 | 57.3% |
| Costa Rica | 16.8 | 1.4 | 14.6 | 9.8 | -16.4% |
| Others | 37.9 | 9.1 | 7.2 | 17.4 | -22.9% |
| Total | 98.7 | 127 | 397 | 344 | 51.6% |
Top Export Markets for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions from Guatemala in 2022:
- El Salvador (12.8 tons)
- Colombia (3.8 tons)
- Nicaragua (3.4 tons)
- Mexico (3.3 tons)
- Panama (2.4 tons)
- United States (2.4 tons)
- Honduras (1.8 tons)
- Costa Rica (1.4 tons)
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