Price for Mower for Lawns, Parks or Sports Grounds in Guatemala - 2024

Contents:

  1. Price for Mower for Lawns, Parks or Sports Grounds in Guatemala (CIF) - 2024
  2. Price for Mower for Lawns, Parks or Sports Grounds in Guatemala (FOB) - 2022
  3. Imports of Mower for Lawns, Parks or Sports Grounds in Guatemala
  4. Exports of Mower for Lawns, Parks or Sports Grounds in Guatemala

Price for Mower for Lawns, Parks or Sports Grounds in Guatemala (CIF) - 2024

The average import price for mowers for lawns, parks or sports grounds stood at $466 per unit in June 2023, surging by 61% against the previous month. Over the period under review, import price indicated a buoyant increase from February 2023 to June 2023: its price increased at an average monthly rate of +6.1% over the last four months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, import price for mowers for lawns, parks or sports grounds increased by +68.8% against April 2023 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of origin: the country with the highest price was Japan ($1,197 per unit), while the price for China ($260 per unit) was amongst the lowest.

From February 2023 to June 2023, the most notable rate of growth in terms of prices was attained by Japan (+43.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Mower for Lawns, Parks or Sports Grounds in Guatemala (FOB) - 2022

In 2022, the average export price for mowers for lawns, parks or sports grounds amounted to $285 per unit, declining by -7.6% against the previous year. In general, the export price recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2019 an increase of 183%. The export price peaked at $1,463 per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Honduras ($431 per unit), while the average price for exports to El Salvador totaled $279 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Costa Rica (+21.9%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Mower for Lawns, Parks or Sports Grounds in Guatemala

After three years of growth, overseas purchases of mowers for lawns, parks or sports grounds decreased by -2.2% to 4.3K units in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +18.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +66.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 31%. As a result, imports attained the peak of 4.4K units, and then fell slightly in the following year.

In value terms, imports of mowers for lawns, parks or sports grounds dropped to $1.4M in 2022. Overall, imports, however, showed a significant increase. The growth pace was the most rapid in 2021 when imports increased by 69% against the previous year. As a result, imports attained the peak of $1.6M, and then reduced in the following year.

Import of Mower for Lawns, Parks or Sports Grounds in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China68.512522947490.6%
United States489551703374-8.5%
Mexico14212630127124.0%
Japan69.672.425521345.2%
Taiwan (Chinese)2.3N/A0.246.2171.8%
Others39.644.461.741.61.7%
Total8119181,5501,42120.6%

Top Suppliers of Mower for Lawns, Parks or Sports Grounds to Guatemala in 2022:

  1. United States (1546.0 units)
  2. China (1505.0 units)
  3. Mexico (818.0 units)
  4. Japan (183.0 units)
  5. Taiwan (Chinese) (112.0 units)

Exports of Mower for Lawns, Parks or Sports Grounds in Guatemala

In 2022, the amount of mowers for lawns, parks or sports grounds exported from Guatemala skyrocketed to 27 units, increasing by 23% on 2021. Overall, exports saw a prominent increase. The growth pace was the most rapid in 2021 when exports increased by 214%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of mowers for lawns, parks or sports grounds rose remarkably to $7.7K in 2022. In general, exports, however, showed a abrupt setback. The pace of growth was the most pronounced in 2021 with an increase of 23%. The exports peaked at $13K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Mower for Lawns, Parks or Sports Grounds in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
El Salvador12.1N/A3.27.3-15.5%
Honduras0.71.00.30.4-17.0%
BelizeN/A4.50.8N/A-82.2%
Costa RicaN/AN/A2.6N/A0%
OthersN/AN/AN/AN/A0%
Total12.75.66.87.7-15.4%

Top Export Markets for Mower for Lawns, Parks or Sports Grounds from Guatemala in 2022:

  1. El Salvador (26.0 units)
  2. Honduras (1.0 units)

Source: IndexBox Market Intelligence Platform

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