Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Guatemala - 2022

Contents:

  1. Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Guatemala (CIF) - 2022
  2. Imports of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Guatemala

Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Guatemala (CIF) - 2022

In 2022, the average import price for weaving machines (looms); for weaving fabrics of a width 30cm or lesses amounted to $44,070 per unit, rising by 3.2% against the previous year. Overall, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +7.3% 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 weaving machines (looms); for weaving fabrics of a width 30cm or lesses increased by +101.8% against 2012 indices. The pace of growth was the most pronounced in 2019 an increase of 17%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($48,230 per unit), while the price for El Salvador ($113 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+138.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Guatemala

In 2022, imports of weaving machines (looms); for weaving fabrics of a width 30cm or lesses into Guatemala surged to 23 units, picking up by 109% against the year before. Over the period under review, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of weaving machines (looms); for weaving fabrics of a width 30cm or lesses surged to $699K in 2022. In general, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland24.219.80.3322137.0%
Germany6.36.00.1145184.5%
Austria6.15.70.1135180.8%
India1.10.6N/A15.5141.5%
South Korea0.70.6N/A12.4160.7%
Taiwan (Chinese)0.40.6N/A10.7199.1%
Indonesia0.50.4N/A8.9161.1%
China0.40.3N/A6.6154.6%
United States0.30.3N/A5.8168.4%
MexicoN/AN/AN/A0.30%
El SalvadorN/AN/AN/A0.10%
OthersN/AN/AN/A37.00%
Total40.134.50.5699159.3%

Top Suppliers of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less to Guatemala in 2022:

  1. Switzerland (8.0 units)
  2. Austria (4.0 units)
  3. Germany (3.0 units)
  4. Taiwan (Chinese) (1.0 units)
  5. Mexico (1.0 units)
  6. El Salvador (1.0 units)
  7. Indonesia (1.0 units)
  8. India (1.0 units)
  9. United States (1.0 units)
  10. China (1.0 units)
  11. South Korea (1.0 units)

Source: IndexBox Market Intelligence Platform

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