Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Guatemala - 2023
Contents:
- Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Guatemala (CIF) - 2022
- Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Guatemala (FOB) - 2022
- Imports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Guatemala
- Exports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Guatemala
Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Guatemala (CIF) - 2022
The average import price for weighing machines; having a maximum weighing capacity exceeding 5000kgs stood at $1,262 per unit in 2022, reducing by -22.3% against the previous year. Overall, the import price recorded a slight descent. The growth pace was the most rapid in 2021 an increase of 38%. Over the period under review, average import prices attained the peak figure at $2,043 per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($4,939 per unit), while the price for Hong Kong SAR ($53 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Guatemala (FOB) - 2022
In 2022, the average export price for weighing machines; having a maximum weighing capacity exceeding 5000kgs amounted to $3,644 per unit, jumping by 110% against the previous year. In general, the export price enjoyed a notable expansion. The growth pace was the most rapid in 2020 when the average export price increased by 327% against the previous year. Over the period under review, the average export prices hit record highs at $4,938 per unit in 2017; however, from 2018 to 2022, the 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 Honduras ($8,168 per unit), while the average price for exports to South Korea ($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 Ecuador (+108.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Guatemala
In 2022, imports of weighing machines; having a maximum weighing capacity exceeding 5000kgs into Guatemala surged to 1.1K units, increasing by 116% on the previous year. Over the period under review, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of weighing machines; having a maximum weighing capacity exceeding 5000kgs skyrocketed to $1.4M in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +15.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 232 | 188 | 227 | 731 | 46.6% |
| Mexico | 99.1 | 82.9 | 45.6 | 230 | 32.4% |
| United States | 390 | 370 | 346 | 198 | -20.2% |
| Belgium | 40.6 | 139 | 96.4 | 83.8 | 27.3% |
| Italy | 6.1 | 3.1 | 21.1 | 33.5 | 76.4% |
| South Korea | 10.5 | 2.0 | 3.3 | 31.6 | 44.4% |
| Costa Rica | 29.1 | 0.6 | 1.2 | 10.6 | -28.6% |
| Canada | 1.9 | 2.0 | 1.7 | 6.4 | 49.9% |
| Germany | 17.6 | 33.5 | 7.0 | 4.9 | -34.7% |
| Nicaragua | 0.4 | 8.2 | 0.1 | 2.7 | 89.0% |
| Honduras | 18.4 | 40.1 | 17.6 | 0.4 | -72.1% |
| Panama | 4.7 | 129 | 0.9 | 0.1 | -72.3% |
| Others | 41.4 | 63.1 | 39.1 | 23.9 | -16.7% |
| Total | 892 | 1,060 | 806 | 1,356 | 15.0% |
Top Suppliers of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg to Guatemala in 2022:
- China (678.0 units)
- South Korea (78.0 units)
- Belgium (72.0 units)
- Mexico (51.0 units)
- United States (40.0 units)
- Italy (28.0 units)
- Canada (18.0 units)
- Costa Rica (16.0 units)
- Nicaragua (10.0 units)
- Germany (9.0 units)
- Honduras (4.0 units)
- Panama (1.0 units)
Exports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Guatemala
Exports of weighing machines; having a maximum weighing capacity exceeding 5000kgs from Guatemala surged to 16 units in 2022, with an increase of 23% against the previous year's figure. The total export volume increased at an average annual rate of +10.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of weighing machines; having a maximum weighing capacity exceeding 5000kgs skyrocketed to $58K in 2022. Over the period under review, exports posted a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 362%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to continue growth in the near future.
| Export of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Honduras | N/A | 10.7 | 1.5 | 32.7 | 74.8% |
| Dominican Republic | 2.0 | 8.8 | 5.7 | 7.9 | 58.1% |
| Ecuador | N/A | 0.3 | 0.6 | 6.2 | 354.6% |
| Belize | 1.1 | 2.2 | 1.2 | 4.9 | 64.5% |
| Panama | 0.1 | 3.0 | 1.9 | 2.5 | 192.4% |
| El Salvador | 0.1 | 4.3 | 3.5 | 1.4 | 141.0% |
| United States | 0.1 | N/A | 4.8 | 1.1 | 122.4% |
| Nicaragua | 1.3 | 2.1 | 0.9 | 0.8 | -14.9% |
| Cuba | N/A | N/A | N/A | 0.7 | 0% |
| Costa Rica | 3.6 | 12.4 | 2.4 | 0.1 | -69.7% |
| South Korea | N/A | N/A | N/A | N/A | 0% |
| Colombia | 1.2 | N/A | N/A | N/A | 0% |
| Mexico | N/A | N/A | N/A | N/A | 0% |
| Others | N/A | 0.1 | N/A | N/A | 0% |
| Total | 9.5 | 43.9 | 22.6 | 58.3 | 83.1% |
Top Export Markets for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg from Guatemala in 2022:
- Honduras (4.0 units)
- Cuba (1.0 units)
- El Salvador (1.0 units)
- Panama (1.0 units)
- Mexico (1.0 units)
- Costa Rica (1.0 units)
- United States (1.0 units)
- Colombia (1.0 units)
- Dominican Republic (1.0 units)
- Belize (1.0 units)
- Nicaragua (1.0 units)
- South Korea (1.0 units)
- Ecuador (1.0 units)
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