Price for Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Guatemala - 2023

Contents:

  1. Price for Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Guatemala (CIF) - 2022
  2. Price for Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Guatemala (FOB) - 2022
  3. Imports of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Guatemala
  4. Exports of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Guatemala

Price for Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Guatemala (CIF) - 2022

The average import price for sound recording or reproducing apparatus; turntables (record-decks)s stood at $140 per unit in 2022, rising by 6.8% against the previous year. Overall, import price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for sound recording or reproducing apparatus; turntables (record-decks)s increased by +71.1% against 2016 indices. The pace of growth was the most pronounced in 2014 an increase of 39% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($144 per unit), while the price for Canada ($22 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+11.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Guatemala (FOB) - 2022

The average export price for sound recording or reproducing apparatus; turntables (record-decks)s stood at $71 per unit in 2022, declining by -57.9% against the previous year. Overall, the export price saw a deep reduction. The most prominent rate of growth was recorded in 2019 an increase of 99%. The export price peaked at $171 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was El Salvador ($146 per unit), while the average price for exports to Belize ($8 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nicaragua (+0.8%), while the prices for the other major destinations experienced a decline.

Imports of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Guatemala

Imports of sound recording or reproducing apparatus; turntables (record-decks)s into Guatemala contracted significantly to 235 units in 2022, waning by -47.4% compared with 2021. Over the period under review, imports showed a abrupt decline. The growth pace was the most rapid in 2021 with an increase of 74%. As a result, imports attained the peak of 447 units, and then fell notably in the following year.

In value terms, imports of sound recording or reproducing apparatus; turntables (record-decks)s contracted rapidly to $33K in 2022. In general, imports continue to indicate a perceptible shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 107% against the previous year. As a result, imports attained the peak of $59K, and then dropped sharply in the following year.

Import of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States25.74.128.121.3-6.1%
Taiwan (Chinese)N/AN/AN/A6.00%
China2.621.719.75.125.2%
Canada0.1N/AN/A0.10.0%
Spain4.90.1N/AN/A-98.0%
ArgentinaN/AN/A6.6N/A0%
MalaysiaN/AN/A3.4N/A0%
El Salvador1.7N/A1.0N/A-23.3%
Others2.52.5N/A0.5-41.5%
Total37.628.458.833.0-4.3%

Top Suppliers of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) to Guatemala in 2022:

  1. United States (148.0 units)
  2. Taiwan (Chinese) (42.0 units)
  3. China (36.0 units)
  4. Canada (5.0 units)

Exports of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Guatemala

Exports of sound recording or reproducing apparatus; turntables (record-decks)s from Guatemala shrank sharply to 5 units in 2022, dropping by -91.2% against the previous year's figure. Overall, exports recorded a sharp setback. The most prominent rate of growth was recorded in 2021 when exports increased by 375% against the previous year. As a result, the exports attained the peak of 57 units, and then fell dramatically in the following year.

In value terms, exports of sound recording or reproducing apparatus; turntables (record-decks)s declined sharply to $355 in 2022. In general, exports continue to indicate a significant curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 429% against the previous year. As a result, the exports reached the peak of $9.6K, and then fell notably in the following year.

Export of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Guatemala (USD)
COUNTRY2019202020212022CAGR,
2019-2022
El Salvador9398519,517292-32.3%
Spain15.0N/AN/A35.032.6%
NetherlandsN/AN/AN/A20.00%
BelizeN/AN/AN/A8.00%
United States36512020.0N/A-76.6%
Costa Rica14.0N/A50.0N/A89.0%
Honduras2,65857432.0N/A-89.0%
Others71.0272N/AN/A283.1%
Total4,0621,8179,619355-55.6%

Top Export Markets for Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) from Guatemala in 2022:

  1. El Salvador (2.0 units)
  2. Netherlands (1.0 units)
  3. Belize (1.0 units)
  4. Spain (1.0 units)

Source: IndexBox Market Intelligence Platform

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