Guatemala - Non-Electric Industrial Or Laboratory Furnaces And Ovens - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNon-Electric Industrial Furnace Price in Guatemala - 2023
Contents:
- Non-Electric Industrial Furnace Price in Guatemala (CIF) - 2023
- Non-Electric Industrial Furnace Price in Guatemala (FOB) - 2022
- Non-Electric Industrial Furnace Imports in Guatemala
- Non-Electric Industrial Furnace Exports in Guatemala
Non-Electric Industrial Furnace Price in Guatemala (CIF) - 2023
In June 2023, the average non-electric industrial furnace import price amounted to $25,228 per unit, declining by -7% against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in January 2023 an increase of 431% against the previous month. Over the period under review, average import prices hit record highs at $74,927 per unit in February 2023; however, from March 2023 to June 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($29,389 per unit), while the price for China stood at $6,162 per unit.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Mexico (+16.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Non-Electric Industrial Furnace Price in Guatemala (FOB) - 2022
The average non-electric industrial furnace export price stood at $21,275 per unit in 2022, surging by 221% against the previous year. In general, the export price posted a prominent increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Costa Rica ($49,204 per unit), while the average price for exports to Nicaragua ($5 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 Costa Rica (+78.5%), while the prices for the other major destinations experienced more modest paces of growth.
Non-Electric Industrial Furnace Imports in Guatemala
In 2022, non-electric industrial furnace imports into Guatemala shrank notably to 125 units, declining by -19.4% on the year before. In general, imports, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 230%. As a result, imports reached the peak of 155 units, and then fell remarkably in the following year.
In value terms, non-electric industrial furnace imports reduced dramatically to $2.9M in 2022. Overall, imports continue to indicate a perceptible decline. The pace of growth appeared the most rapid in 2021 when imports increased by 114% against the previous year. As a result, imports attained the peak of $4.1M, and then contracted dramatically in the following year.
Import of Non-Electric Industrial Furnace in Guatemala (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 842 | 1,607 | 1,638 | 1,656 | 25.3% |
China | 38.0 | 96.7 | 303 | 375 | 114.5% |
Italy | 1,378 | 30.2 | 1,520 | 359 | -36.1% |
Mexico | 381 | 37.9 | 351 | 179 | -22.3% |
United Kingdom | 32.9 | 31.7 | N/A | 177 | 75.2% |
Others | 401 | 118 | 292 | 144 | -28.9% |
Total | 3,073 | 1,922 | 4,103 | 2,889 | -2.0% |
Top Suppliers of Non-Electric Industrial Furnace to Guatemala in 2022:
- China (40.0 units)
- United States (37.0 units)
- Italy (22.0 units)
- Mexico (8.0 units)
- United Kingdom (8.0 units)
Non-Electric Industrial Furnace Exports in Guatemala
In 2022, overseas shipments of non-electric industrial or laboratory furnaces and ovens increased by 50% to 6 units for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, showed a abrupt decrease. The exports peaked at 7 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, non-electric industrial furnace exports soared to $128K in 2022. Overall, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Non-Electric Industrial Furnace in Guatemala (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
El Salvador | 3.1 | 7.7 | 19.2 | 67.4 | 179.1% |
Costa Rica | N/A | 4.2 | N/A | 49.2 | 242.3% |
Honduras | 2.2 | 2.0 | 4.5 | 11.1 | 71.5% |
Nicaragua | 0.4 | N/A | N/A | N/A | 0% |
Colombia | 4.2 | N/A | N/A | N/A | 0% |
Panama | N/A | N/A | 2.7 | N/A | 0% |
Mexico | 26.6 | 18.0 | N/A | N/A | -32.3% |
Belize | 2.8 | N/A | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 39.2 | 31.8 | 26.5 | 128 | 48.4% |
Top Export Markets for Non-Electric Industrial Furnace from Guatemala in 2022:
- El Salvador (3.0 units)
- Nicaragua (1.0 units)
- Honduras (1.0 units)
- Costa Rica (1.0 units)
This report provides an in-depth analysis of the non-electric industrial furnace 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 28211270 - Industrial or laboratory furnaces and ovens, non-electric, i ncluding incinerators (excluding those for the roasting, m elting or other heat treatment of ores, pyrites or metals, b akery ovens, drying ovens and ovens for cracking operations)
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.
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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
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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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
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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
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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
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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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