Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Guatemala - 2022

Contents:

  1. Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Guatemala (CIF) - 2022
  2. Imports of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Guatemala

Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Guatemala (CIF) - 2022

The average import price for textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses stood at $2,912 per unit in 2022, which is down by -4.1% against the previous year. Over the period under review, the import price, however, saw mild growth. The most prominent rate of growth was recorded in 2017 an increase of 175% against the previous year. Over the period under review, average import prices reached the maximum at $5,995 per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($23,458 per unit), while the price for Japan ($539 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+28.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Guatemala

For the fourth consecutive year, Guatemala recorded growth in overseas purchases of textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses, which increased by 57% to 807 units in 2022. Overall, imports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 128% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses soared to $2.3M in 2022. In general, imports showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 108%. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in the near future.

Import of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy0.60.6253684944.6%
United Kingdom13948.724736938.5%
India12253.015425728.2%
United States57.673.495.922256.8%
Vietnam40.018.264.419770.1%
Mexico0.10.33.3102906.6%
Japan4.01.43.833.9103.9%
Germany0.146828218.8472.9%
Taiwan (Chinese)1.17.72435.166.7%
Others41478.72164623.7%
Total7797501,5642,35044.5%

Top Suppliers of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials to Guatemala in 2022:

  1. United States (258.0 units)
  2. Italy (177.0 units)
  3. Mexico (79.0 units)
  4. United Kingdom (63.0 units)
  5. Japan (63.0 units)
  6. India (44.0 units)
  7. Vietnam (34.0 units)
  8. Germany (6.0 units)
  9. Taiwan (Chinese) (1.0 units)

Source: IndexBox Market Intelligence Platform

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