Price for Milking Machines and Dairy Machinery in Guatemala - 2023
Contents:
- Price for Milking Machines and Dairy Machinery in Guatemala (CIF) - 2022
- Price for Milking Machines and Dairy Machinery in Guatemala (FOB) - 2022
- Imports of Milking Machines and Dairy Machinery in Guatemala
- Exports of Milking Machines and Dairy Machinery in Guatemala
Price for Milking Machines and Dairy Machinery in Guatemala (CIF) - 2022
In 2022, the average import price for milking machines and dairy machineries amounted to $3,007 per unit, increasing by 19% against the previous year. Over the last decade, it increased at an average annual rate of +1.6%. The pace of growth appeared the most rapid in 2016 when the average import price increased by 42%. The import price peaked at $3,548 per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
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 the United States ($4,101 per unit), while the price for Turkey ($1,318 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+16.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Milking Machines and Dairy Machinery in Guatemala (FOB) - 2022
In 2022, the average export price for milking machines and dairy machineries amounted to $1,818 per unit, declining by -12.5% against the previous year. Overall, the export price, however, posted slight growth. The pace of growth appeared the most rapid in 2016 when the average export price increased by 516%. As a result, the export price attained the peak level of $5,733 per unit. From 2017 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Costa Rica ($5,733 per unit), while the average price for exports to Honduras ($196 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 Nicaragua (+18.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Milking Machines and Dairy Machinery in Guatemala
In 2022, the amount of milking machines and dairy machineries imported into Guatemala rose sharply to 556 units, surging by 11% against 2021. Overall, imports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2021 when imports increased by 100% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, milking machines and dairy machinery imports surged to $1.7M in 2022. Over the period under review, imports showed a buoyant expansion. The pace of growth was the most pronounced in 2021 with an increase of 83%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Import of Milking Machines and Dairy Machinery in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 26.6 | 224 | 502 | 1,136 | 249.5% |
| China | 38.7 | 25.5 | 376 | 170 | 63.8% |
| Turkey | 66.2 | N/A | 41.2 | 111 | 18.8% |
| Brazil | 40.9 | 35.9 | 96.2 | 83.8 | 27.0% |
| United States | 31.2 | 124 | 84.9 | 69.7 | 30.7% |
| Sweden | N/A | N/A | 0.1 | 31.7 | 31600.0% |
| Spain | 110 | 21.3 | 23.3 | 22.7 | -40.9% |
| Costa Rica | 9.9 | N/A | 9.2 | 14.3 | 13.0% |
| El Salvador | 8.0 | 11.5 | 3.8 | 11.3 | 12.2% |
| India | 162 | N/A | 1.5 | 4.4 | -69.9% |
| Germany | 428 | 7.1 | 2.1 | 0.4 | -90.2% |
| Argentina | N/A | 207 | 7.6 | N/A | -96.3% |
| Colombia | 250 | 3.8 | 0.1 | N/A | -98.0% |
| Others | 53.3 | 30.2 | 119 | 15.9 | -33.2% |
| Total | 1,223 | 691 | 1,266 | 1,672 | 11.0% |
Top Suppliers of Milking Machines and Dairy Machinery to Guatemala in 2022:
- Mexico (289.0 units)
- Turkey (84.0 units)
- China (73.0 units)
- Brazil (50.0 units)
- United States (17.0 units)
- Costa Rica (10.0 units)
- Sweden (9.0 units)
- El Salvador (7.0 units)
- Spain (6.0 units)
- India (1.0 units)
- Germany (1.0 units)
Exports of Milking Machines and Dairy Machinery in Guatemala
In 2022, approx. 71 units of milking machines and dairy machineries were exported from Guatemala; picking up by 196% on 2021. Overall, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, milking machines and dairy machinery exports surged to $129K in 2022. In general, exports posted a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 298% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.
| Export of Milking Machines and Dairy Machinery in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Nicaragua | N/A | 10.5 | 5.1 | 61.9 | 142.8% |
| El Salvador | 9.6 | 48.4 | 44.2 | 38.3 | 58.6% |
| Costa Rica | N/A | N/A | N/A | 28.7 | 0% |
| Honduras | 2.1 | 8.5 | 0.6 | 0.2 | -54.3% |
| United States | 6.5 | N/A | N/A | N/A | 0% |
| Others | N/A | 4.9 | N/A | N/A | 0% |
| Total | 18.2 | 72.3 | 49.9 | 129 | 92.1% |
Top Export Markets for Milking Machines and Dairy Machinery from Guatemala in 2022:
- Nicaragua (43.0 units)
- El Salvador (22.0 units)
- Costa Rica (5.0 units)
- Honduras (1.0 units)
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This report provides an in-depth analysis of the milking machine market in Guatemala.
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This report provides an in-depth analysis of the dairy machinery market in Guatemala.
1181
This report provides an in-depth analysis of the global milking machine market.
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This report provides an in-depth analysis of the global dairy machinery market.
98
This report provides an in-depth analysis of the milking machine market in Guatemala.
86
This report provides an in-depth analysis of the dairy machinery market in Guatemala.
1181
This report provides an in-depth analysis of the global milking machine market.
572
This report provides an in-depth analysis of the global dairy machinery market.
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In 2016, the global milking machine imports totaled X tons, standing approx. at the previous year figure. Overall, milking machine imports continue to indicate a relatively flat trend pattern. The...
958
In 2016, the global milking machine imports totaled X tons, standing approx. at the previous year figure. Overall, milking machine imports continue to indicate a relatively flat trend pattern. The...
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With more than twenty billion gallons produced in the U.S. alone, milk is a huge world-wide business. It is widely known that cows must be milked twice each day to stay healthy and happy, and, historically, farmers have planned around this routine. How
