Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Guatemala - 2024
Contents:
- Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Guatemala (CIF) - 2022
- Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Guatemala (FOB) - 2022
- Imports of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Guatemala
- Exports of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Guatemala
Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Guatemala (CIF) - 2022
In 2022, the average import price for insulated electric conductors for a voltage under 1000 v, fitted with connectors amounted to $5,509 per ton, shrinking by -4.5% against the previous year. Overall, the import price continues to indicate a noticeable setback. The most prominent rate of growth was recorded in 2014 when the average import price increased by 12%. As a result, import price attained the peak level of $8,062 per ton. From 2015 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($19,234 per ton), while the price for El Salvador ($1,583 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Panama (+9.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Guatemala (FOB) - 2022
In 2022, the average export price for insulated electric conductors for a voltage under 1000 v, fitted with connectors amounted to $10,032 per ton, leveling off at the previous year. Over the period under review, export price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for insulated electric conductors for a voltage under 1000 v, fitted with connectors increased by +138.7% against 2018 indices. The pace of growth was the most pronounced in 2019 an increase of 98% against the previous year. The export price peaked in 2022 and is likely to continue growth in the near future.
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 Costa Rica ($18,239 per ton), while the average price for exports to Belize ($5,848 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Costa Rica (+6.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Guatemala
In 2022, imports of insulated electric conductors for a voltage under 1000 v, fitted with connectors into Guatemala rose markedly to 2.7K tons, picking up by 9.2% on 2021. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +17.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 48% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.
In value terms, imports of insulated electric conductors for a voltage under 1000 v, fitted with connectors expanded slightly to $15M in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +15.4% 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 +61.4% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 57%. Imports peaked in 2022 and are likely to continue growth in the immediate term.
| Import of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Guatemala (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.5 | 2.1 | 6.5 | 9.6 | 56.6% |
| United States | 4.0 | 4.0 | 4.5 | 2.6 | -13.4% |
| Mexico | 0.9 | 1.3 | 1.3 | 1.0 | 3.6% |
| Panama | 1.1 | 0.7 | 0.6 | N/A | -26.1% |
| El Salvador | 0.3 | 0.3 | 0.3 | N/A | 0.0% |
| Others | 1.0 | 0.9 | 1.2 | 1.5 | 14.5% |
| Total | 9.7 | 9.2 | 14.4 | 14.8 | 15.1% |
Top Suppliers of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors to Guatemala in 2022:
- China (2349.7 tons)
- United States (137.3 tons)
- Mexico (101.6 tons)
- El Salvador (20.0 tons)
- Panama (4.3 tons)
Exports of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Guatemala
Exports of insulated electric conductors for a voltage under 1000 v, fitted with connectors from Guatemala shrank modestly to 203 tons in 2022, remaining constant against the previous year. Over the period under review, exports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 139% against the previous year. As a result, the exports reached the peak of 204 tons, leveling off in the following year.
In value terms, exports of insulated electric conductors for a voltage under 1000 v, fitted with connectors shrank modestly to $2M in 2022. In general, exports, however, posted a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 290% against the previous year. As a result, the exports reached the peak of $2M, and then dropped modestly in the following year.
| Export of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| El Salvador | 614 | 308 | 1,187 | 978 | 16.8% |
| Honduras | 123 | 136 | 660 | 736 | 81.5% |
| Nicaragua | 33.9 | 11.9 | 90.5 | 131 | 56.9% |
| Panama | 0.8 | 11.3 | 2.0 | 40.2 | 269.0% |
| United States | 67.0 | 18.2 | 51.2 | 16.8 | -36.9% |
| Others | 12.3 | 35.9 | 38.8 | 101 | 101.7% |
| Total | 850 | 521 | 2,029 | 2,003 | 33.1% |
Top Export Markets for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors from Guatemala in 2022:
- El Salvador (116.6 tons)
- Honduras (55.6 tons)
- Nicaragua (19.1 tons)
- Panama (4.7 tons)
- United States (1.3 tons)
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