Isolating Switch Price in Guatemala - 2023
Contents:
- Isolating Switch Price in Guatemala (CIF) - 2023
- Isolating Switch Price in Guatemala (FOB) - 2022
- Isolating Switch Imports in Guatemala
- Isolating Switch Exports in Guatemala
Isolating Switch Price in Guatemala (CIF) - 2023
In June 2023, the average isolating switch import price amounted to $23.9 per unit, declining by -40.2% against the previous month. In general, the import price, however, recorded temperate growth. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 87% against the previous month. The import price peaked at $39.9 per unit in May 2023, and then declined sharply in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($124 per unit), while the price for South Korea ($18.5 per unit) was amongst the lowest.
From October 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the United States (+18.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Isolating Switch Price in Guatemala (FOB) - 2022
In 2022, the average isolating switch export price amounted to $38 per unit, waning by -8.6% against the previous year. In general, the export price, however, posted moderate growth. The pace of growth was the most pronounced in 2020 when the average export price increased by 93%. As a result, the export price reached the peak level of $63 per unit. From 2021 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 Panama ($68 per unit), while the average price for exports to Nicaragua ($14 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 the Dominican Republic (+14.0%), while the prices for the other major destinations experienced more modest paces of growth.
Isolating Switch Imports in Guatemala
In 2022, isolating switch imports into Guatemala soared to 252K units, increasing by 57% compared with the year before. Over the period under review, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, isolating switch imports skyrocketed to $6.6M in 2022. In general, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Isolating Switch in Guatemala (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Mexico | 180 | 311 | 1,209 | 3,150 | 159.6% |
United States | 1,011 | 761 | 531 | 810 | -7.1% |
India | N/A | N/A | 255 | 593 | 132.5% |
South Korea | 43.1 | 248 | 151 | 457 | 119.7% |
China | 219 | 54.1 | 290 | 441 | 26.3% |
Spain | 25.0 | 220 | 132 | 326 | 135.4% |
Brazil | N/A | N/A | 28.9 | 267 | 823.9% |
Turkey | 34.2 | N/A | N/A | 240 | 91.5% |
Italy | 40.2 | 797 | 129 | 191 | 68.1% |
Sweden | N/A | 188 | N/A | N/A | 0% |
Australia | 341 | 415 | 747 | N/A | 48.0% |
Others | 425 | 62.1 | 189 | 172 | -26.0% |
Total | 2,319 | 3,056 | 3,662 | 6,647 | 42.1% |
Top Suppliers of Isolating Switch to Guatemala in 2022:
- Mexico (85.3K units)
- India (46.2K units)
- China (28.5K units)
- United States (20.0K units)
- Turkey (15.8K units)
- Brazil (15.4K units)
- Italy (12.0K units)
- South Korea (11.9K units)
- Spain (9.9K units)
Isolating Switch Exports in Guatemala
Isolating switch exports from Guatemala surged to 30K units in 2022, jumping by 922% compared with the previous year's figure. In general, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, isolating switch exports surged to $1.1M in 2022. Over the period under review, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Isolating Switch in Guatemala (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
El Salvador | 217 | 12.8 | 0.8 | 1,079 | 70.7% |
Nicaragua | 0.1 | 24.4 | N/A | 21.7 | 500.9% |
Honduras | 50.4 | 69.2 | 44.6 | 1.6 | -68.3% |
Dominican Republic | N/A | N/A | 75.5 | N/A | 0% |
Others | 0.1 | N/A | 0.2 | 28.1 | 555.0% |
Total | 268 | 106 | 121 | 1,131 | 61.6% |
Top Export Markets for Isolating Switch from Guatemala in 2022:
- El Salvador (27.9K units)
- Nicaragua (1.6K units)
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