Guatemala - Sealed Beam Lamp Units - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Guatemala - Sealed Beam Lamp Units - Market Analysis, Forecast, Size, Trends And Insights

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Sealed Beam Price in Guatemala - 2022

Contents:

  1. Sealed Beam Price in Guatemala (CIF) - 2022
  2. Sealed Beam Price in Guatemala (FOB) - 2022
  3. Sealed Beam Imports in Guatemala
  4. Sealed Beam Exports in Guatemala

Sealed Beam Price in Guatemala (CIF) - 2022

The average sealed beam import price stood at $21 per unit in 2022, surging by 40% against the previous year. Over the period under review, the import price posted a resilient expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 China ($653 per unit), while the price for Mexico ($3.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+35.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Sealed Beam Price in Guatemala (FOB) - 2022

In 2022, the average sealed beam export price amounted to $32 per unit, rising by 4% against the previous year. Overall, export price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sealed beam export price increased by +79.8% against 2017 indices. The most prominent rate of growth was recorded in 2018 when the average export price increased by 31%. The export price peaked in 2022 and is likely to continue growth in years to come.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Honduras ($32 per unit) and El Salvador ($32 per unit), while the average price for exports to Germany ($23 per unit) and Ecuador ($31 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Costa Rica (+16.3%), while the prices for the other major destinations experienced more modest paces of growth.

Sealed Beam Imports in Guatemala

In 2022, after two years of decline, there was significant growth in supplies from abroad of sealed beam lamp units, when their volume increased by 7.7% to 103K units. Overall, imports, however, recorded a noticeable setback. Over the period under review, imports reached the peak figure at 117K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, sealed beam imports surged to $2.2M in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +16.8% 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 +76.1% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Sealed Beam in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3703986701,02040.2%
Japan90.582.413944269.7%
Mexico254185117171-12.4%
United States395420303156-26.6%
Taiwan (Chinese)31.512.055.613863.6%
Others2401511692714.1%
Total1,3811,2481,4532,19816.8%

Top Suppliers of Sealed Beam to Guatemala in 2022:

  1. Mexico (53.5K units)
  2. United States (26.6K units)
  3. Taiwan (Chinese) (11.9K units)
  4. Japan (5.8K units)
  5. China (1.6K units)

Sealed Beam Exports in Guatemala

In 2022, shipments abroad of sealed beam lamp units decreased by -11% to 916 units for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 750%. As a result, the exports attained the peak of 1K units, and then dropped in the following year.

In value terms, sealed beam exports fell to $29K in 2022. Over the period under review, exports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 760% against the previous year. As a result, the exports attained the peak of $31K, and then declined in the following year.

Export of Sealed Beam in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Honduras0.11.22.712.3397.3%
El SalvadorN/A0.120.16.5706.2%
EcuadorN/AN/A1.93.689.5%
Costa Rica0.70.21.43.571.0%
Panama0.10.61.42.7200.0%
Mexico0.10.30.7N/A164.6%
Belize0.10.70.7N/A164.6%
OthersN/A0.62.50.5-8.7%
Total1.23.631.329.0189.1%

Top Export Markets for Sealed Beam from Guatemala in 2022:

  1. Honduras (384.0 units)
  2. El Salvador (204.0 units)
  3. Ecuador (114.0 units)
  4. Costa Rica (112.0 units)
  5. Panama (85.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the sealed beam 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 27401100 - Sealed beam lamp units

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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