Guatemala - Thermostats - Market Analysis, Forecast, Size, Trends and Insights
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View PricingThermostat Price in Guatemala - 2023
Contents:
- Thermostat Price in Guatemala (CIF) - 2022
- Thermostat Price in Guatemala (FOB) - 2022
- Thermostat Imports in Guatemala
- Thermostat Exports in Guatemala
Thermostat Price in Guatemala (CIF) - 2022
The average thermostat import price stood at $4.4 per unit in 2022, with an increase of 20% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.1%. The pace of growth was the most pronounced in 2015 when the average import price increased by 60%. As a result, import price attained the peak level of $4.4 per unit; afterwards, it flattened through to 2022.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Slovakia ($5.6 per unit), while the price for China ($2.5 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (+12.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Thermostat Price in Guatemala (FOB) - 2022
In 2022, the average thermostat export price amounted to $8.1 per unit, shrinking by -10% against the previous year. Overall, export price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, thermostat export price increased by +7.9% against 2020 indices. The pace of growth appeared the most rapid in 2014 when the average export price increased by 47%. The export price peaked at $9 per unit in 2021, and then declined in the following year.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Honduras ($9.6 per unit), while the average price for exports to Brazil ($1.3 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 Honduras (+11.3%), while the prices for the other major destinations experienced more modest paces of growth.
Thermostat Imports in Guatemala
In 2022, approx. 558K units of thermostats were imported into Guatemala; waning by -3.8% on the previous year's figure. The total import volume increased at an average annual rate of +4.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 33% against the previous year. As a result, imports reached the peak of 580K units, and then contracted modestly in the following year.
In value terms, thermostat imports soared to $2.4M in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +9.8% 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 +58.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 37%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.
Import of Thermostat in Guatemala (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 1,130 | 825 | 975 | 439 | -27.0% |
China | 22.7 | 32.4 | 152 | 413 | 163.0% |
Mexico | 215 | 191 | 327 | 279 | 9.1% |
Japan | 106 | 156 | 161 | 222 | 27.9% |
Israel | 0.2 | 2.3 | 65.6 | 208 | 913.2% |
Slovakia | N/A | N/A | 19.3 | 103 | 433.7% |
South Korea | 67.7 | 18.6 | 35.6 | 61.2 | -3.3% |
Germany | 128 | 97.4 | 78.7 | 54.6 | -24.7% |
Others | 166 | 210 | 282 | 650 | 57.6% |
Total | 1,836 | 1,532 | 2,097 | 2,429 | 9.8% |
Top Suppliers of Thermostat to Guatemala in 2022:
- China (165.2K units)
- United States (106.7K units)
- Mexico (74.4K units)
- Japan (58.0K units)
- Israel (43.5K units)
- Slovakia (18.3K units)
- Germany (17.7K units)
- South Korea (12.4K units)
Thermostat Exports in Guatemala
In 2022, approx. 8.6K units of thermostats were exported from Guatemala; increasing by 66% compared with 2021. Over the period under review, exports, however, saw a noticeable shrinkage. The exports peaked at 9.7K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, thermostat exports soared to $69K in 2022. Overall, exports, however, continue to indicate a pronounced setback. The exports peaked at $77K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
Export of Thermostat in Guatemala (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Honduras | 47.2 | 25.9 | 36.9 | 41.5 | -4.2% |
Costa Rica | N/A | N/A | 1.4 | 4.9 | 250.0% |
El Salvador | 27.2 | 0.1 | 5.1 | 4.8 | -43.9% |
United States | 0.2 | 0.7 | 0.6 | 2.7 | 138.1% |
Nicaragua | 1.0 | 4.7 | 1.7 | 2.0 | 26.0% |
Brazil | N/A | N/A | N/A | 0.6 | 0% |
Colombia | N/A | N/A | N/A | 0.5 | 0% |
Others | 1.7 | 0.9 | 0.4 | 12.0 | 91.8% |
Total | 77.3 | 32.3 | 46.2 | 69.1 | -3.7% |
Top Export Markets for Thermostat from Guatemala in 2022:
- Honduras (4.3K units)
- Costa Rica (1.9K units)
- El Salvador (0.8K units)
- Brazil (0.5K units)
- United States (0.4K units)
- Nicaragua (0.3K units)
- Colombia (0.2K units)
This report provides an in-depth analysis of the thermostat market in Guatemala. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 26517015 - Electronic thermostats
- Prodcom 26517019 - Non-electronic thermostats
Country coverage:
- Guatemala
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Guatemala
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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Explore the top import markets for thermostats and their key statistics. Learn about the countries leading in the import of thermostats, backed by data from IndexBox market intelligence platform.
Global thermostat imports amounted to X tons in 2016, increasing by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to 2016- th...
Global thermostat imports amounted to X tons in 2016, increasing by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to 2016- th...