Files and Rasps Price in Guatemala - 2023
Contents:
- Files and Rasps Price in Guatemala (CIF) - 2022
- Files and Rasps Price in Guatemala (FOB) - 2022
- Files and Rasps Imports in Guatemala
- Files and Rasps Exports in Guatemala
Files and Rasps Price in Guatemala (CIF) - 2022
In 2022, the average files and rasps import price amounted to $7.6 per unit, rising by 9.5% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The import price peaked at $8.6 per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
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 Mexico ($11 per unit), while the price for India ($4.4 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Files and Rasps Price in Guatemala (FOB) - 2022
In 2022, the average files and rasps export price amounted to $6.3 per unit, increasing by 16% against the previous year. Overall, export price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when the average export price increased by 42% against the previous year. As a result, the export price reached the peak level of $8 per unit. From 2014 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($8.3 per unit), while the average price for exports to Venezuela ($5.4 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 Chile (+23.7%), while the prices for the other major destinations experienced more modest paces of growth.
Files and Rasps Imports in Guatemala
In 2022, overseas purchases of files, rasps and similar tools decreased by -6.6% to 862K units for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +10.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 20%. As a result, imports reached the peak of 923K units, and then fell in the following year.
In value terms, files and rasps imports expanded slightly to $6.6M in 2022. The total import value increased at an average annual rate of +11.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 18% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.
| Import of Files and Rasps in Guatemala (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 3.6 | 3.8 | 4.1 | 3.4 | -1.9% |
| India | 0.1 | 0.5 | 1.3 | 1.6 | 152.0% |
| China | 0.1 | 0.1 | 0.1 | 0.6 | 81.7% |
| Colombia | 0.4 | 0.3 | 0.3 | 0.5 | 7.7% |
| Panama | 0.1 | 0.1 | 0.1 | N/A | 0.0% |
| Others | 0.5 | 0.7 | 0.6 | 0.5 | 0.0% |
| Total | 4.8 | 5.5 | 6.4 | 6.6 | 11.2% |
Top Suppliers of Files and Rasps to Guatemala in 2022:
- India (357.9K units)
- Mexico (313.1K units)
- Colombia (91.3K units)
- China (60.4K units)
- Panama (4.0K units)
Files and Rasps Exports in Guatemala
Files and rasps exports from Guatemala soared to 3.5K units in 2022, surging by 25% compared with 2021 figures. Overall, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 352%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, files and rasps exports skyrocketed to $22K in 2022. In general, exports saw significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 338% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.
| Export of Files and Rasps in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| El Salvador | N/A | 0.9 | 4.0 | 10.6 | 243.2% |
| Chile | N/A | N/A | N/A | 6.3 | 0% |
| Mexico | N/A | 0.1 | 0.1 | 2.1 | 358.3% |
| Costa Rica | N/A | 0.5 | 1.5 | 1.4 | 67.3% |
| Venezuela | N/A | N/A | N/A | 0.9 | 0% |
| United States | 0.5 | 0.5 | 1.4 | 0.5 | 0.0% |
| South Korea | N/A | 0.2 | N/A | N/A | 0% |
| Panama | N/A | N/A | 1.2 | N/A | 0% |
| Nicaragua | N/A | 0.7 | 2.6 | N/A | 271.4% |
| Honduras | 0.5 | 0.8 | 4.3 | N/A | 193.3% |
| Others | 0.1 | 1.7 | 0.1 | 0.2 | 26.0% |
| Total | 1.2 | 5.2 | 15.3 | 22.1 | 164.1% |
Top Export Markets for Files and Rasps from Guatemala in 2022:
- El Salvador (1875.0 units)
- Chile (935.0 units)
- Mexico (254.0 units)
- Costa Rica (229.0 units)
- Venezuela (162.0 units)
- United States (43.0 units)
- Nicaragua (8.0 units)
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