Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Guatemala - 2023

Contents:

1. Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Guatemala (CIF) - 2022
2. Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Guatemala (FOB) - 2022
3. Imports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Guatemala
4. Exports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Guatemala

Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Guatemala (CIF) - 2022

The average import price for machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses stood at $2,251 per unit in 2022, approximately reflecting the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.3%. The pace of growth was the most pronounced in 2018 when the average import price increased by 34%. Over the period under review, average import prices hit record highs at $2,376 per unit in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($2,298 per unit), while the price for China amounted to $1,955 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Costa Rica (+113.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Guatemala (FOB) - 2022

In 2022, the average export price for machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses amounted to $254 per unit, waning by -93.5% against the previous year. In general, the export price saw a abrupt downturn. The pace of growth was the most pronounced in 2021 when the average export price increased by 6,911% against the previous year. As a result, the export price reached the peak level of $3,926 per unit, and then dropped notably in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for Panama amounted to +100.0% per year.

Imports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Guatemala

In 2022, supplies from abroad of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses was finally on the rise to reach 22 units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, faced a precipitous descent. Imports peaked at 44 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses surged to $50K in 2022. Overall, imports, however, faced a precipitous slump. Over the period under review, imports of hit record highs at $105K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Top Suppliers of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices to Guatemala in 2022:

1. Italy (19.0 units)
2. China (3.0 units)

Exports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Guatemala

For the third year in a row, Guatemala recorded decline in overseas shipments of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses, which decreased by 0% to 1 units in 2022. In general, exports recorded a precipitous shrinkage. The smallest decline of -50% was in 2021. Over the period under review, the exports of attained the peak figure at 18 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses contracted markedly to $254 in 2022. Overall, exports showed a sharp decrease. The most prominent rate of growth was recorded in 2021 with an increase of 3,405%. The exports peaked at $42K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Top Export Markets for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices from Guatemala in 2022:

1. Honduras (1.0 units)

Source: IndexBox Market Intelligence Platform