Guatemala - Lifts And Hoists - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLift and Hoist Price in Guatemala - 2023
Contents:
- Lift and Hoist Price in Guatemala (CIF) - 2022
- Lift and Hoist Price in Guatemala (FOB) - 2022
- Lift and Hoist Imports in Guatemala
- Lift and Hoist Exports in Guatemala
Lift and Hoist Price in Guatemala (CIF) - 2022
The average lift and hoist import price stood at $19,014 per unit in 2022, falling by -3.7% against the previous year. In general, the import price recorded a pronounced decrease. The most prominent rate of growth was recorded in 2021 an increase of 11% against the previous year. The import price peaked at $25,798 per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Brazil ($19,154 per unit) and Japan ($19,023 per unit), while the price for Thailand ($18,501 per unit) and the United States ($18,942 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (-0.5%), while the prices for the other major suppliers experienced a decline.
Lift and Hoist Price in Guatemala (FOB) - 2022
In 2022, the average lift and hoist export price amounted to $17,370 per unit, increasing by 21% against the previous year. In general, the export price, however, recorded a perceptible downturn. The growth pace was the most rapid in 2020 an increase of 32%. As a result, the export price attained the peak level of $24,951 per unit. From 2021 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Belize ($18,876 per unit), while the average price for exports to the United States ($8,951 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 (+17.5%), while the prices for the other major destinations experienced more modest paces of growth.
Lift and Hoist Imports in Guatemala
In 2022, approx. 847 units of lifts and hoists were imported into Guatemala; growing by 5.9% on the previous year's figure. The total import volume increased at an average annual rate of +4.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 12%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, lift and hoist imports stood at $16M in 2022. The total import value increased at an average annual rate of +2.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 5.7% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Lift and Hoist in Guatemala (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 7.1 | 7.9 | 8.3 | 7.2 | 0.5% |
| South Korea | 0.1 | 0.4 | 1.6 | 4.1 | 244.8% |
| United States | 2.3 | 3.7 | 2.0 | 1.9 | -6.2% |
| Japan | 1.3 | 1.2 | 2.1 | 1.9 | 13.5% |
| Brazil | 1.2 | 1.2 | 1.3 | 0.2 | -45.0% |
| Thailand | 1.6 | N/A | N/A | 0.2 | -50.0% |
| Spain | 0.5 | 0.1 | 0.2 | 0.2 | -26.3% |
| Others | 0.6 | 0.5 | 0.2 | 0.3 | -20.6% |
| Total | 14.8 | 14.9 | 15.8 | 16.1 | 2.8% |
Top Suppliers of Lift and Hoist to Guatemala in 2022:
- China (377.0 units)
- South Korea (217.0 units)
- United States (102.0 units)
- Japan (101.0 units)
- Thailand (13.0 units)
- Brazil (12.0 units)
- Spain (11.0 units)
Lift and Hoist Exports in Guatemala
In 2022, lift and hoist exports from Guatemala soared to 51 units, jumping by 42% on the previous year's figure. Over the period under review, exports recorded significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 1,100% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, lift and hoist exports soared to $886K in 2022. In general, exports posted a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 592% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.
| Export of Lift and Hoist in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| El Salvador | 115 | 61.6 | 173 | 491 | 62.2% |
| Nicaragua | 3.5 | N/A | 14.5 | 170 | 264.9% |
| Honduras | 40.2 | 2.6 | 269 | 129 | 47.5% |
| Belize | 19.0 | 3.0 | N/A | 56.6 | 43.9% |
| Costa Rica | 5.6 | N/A | 61.5 | 30.1 | 75.2% |
| United States | N/A | N/A | N/A | 9.0 | 0% |
| Dominican Republic | 35.0 | 3.6 | N/A | N/A | -89.7% |
| Others | 27.0 | 4.1 | N/A | N/A | -84.8% |
| Total | 245 | 74.9 | 518 | 886 | 53.5% |
Top Export Markets for Lift and Hoist from Guatemala in 2022:
- El Salvador (29.0 units)
- Nicaragua (10.0 units)
- Honduras (8.0 units)
- Belize (3.0 units)
- Costa Rica (2.0 units)
- United States (1.0 units)
This report provides an in-depth analysis of the lift and hoist 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 28221630 - Electrically operated lifts and skip hoists
- Prodcom 28221650 - Lifts and skip hoists (excluding electrically operated)
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.
-
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
-
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
-
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
-
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
-
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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