Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Guatemala - 2023
Contents:
- Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Guatemala (CIF) - 2022
- Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Guatemala (FOB) - 2022
- Imports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Guatemala
- Exports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Guatemala
Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Guatemala (CIF) - 2022
The average import price for tools; for working in the hand, pneumatic, other than rotary type stood at $104 per unit in 2022, declining by -4.4% against the previous year. In general, the import price recorded a abrupt contraction. The most prominent rate of growth was recorded in 2017 an increase of 18%. The import price peaked at $263 per unit in 2012; however, from 2013 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 South Korea ($105 per unit), while the price for Taiwan (Chinese) ($62 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Guatemala (FOB) - 2022
In 2022, the average export price for tools; for working in the hand, pneumatic, other than rotary type amounted to $187 per unit, falling by -22.1% against the previous year. In general, the export price saw a slight decrease. The most prominent rate of growth was recorded in 2017 when the average export price increased by 22%. As a result, the export price attained the peak level of $272 per unit. From 2018 to 2022, the average export prices remained at a somewhat 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 the United States ($213 per unit), while the average price for exports to Germany ($3 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 Honduras (+3.4%), while the prices for the other major destinations experienced a decline.
Imports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Guatemala
For the fourth consecutive year, Guatemala recorded growth in purchases abroad of tools; for working in the hand, pneumatic, other than rotary type, which increased by 8.3% to 20K units in 2022. Over the period under review, imports showed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 130% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of tools; for working in the hand, pneumatic, other than rotary type amounted to $2M in 2022. Overall, imports continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 116%. Over the period under review, imports of tools; for working in hand, pneumatic, other than rotary type reached the peak figure in 2022 and are expected to retain growth in the immediate term.
| Import of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 283 | 398 | 1,249 | 1,267 | 64.8% |
| United States | 384 | 299 | 347 | 414 | 2.5% |
| Taiwan (Chinese) | 35.1 | 20.9 | 36.6 | 97.6 | 40.6% |
| Mexico | 46.7 | 47.3 | 138 | 46.1 | -0.4% |
| South Korea | 0.2 | 19.4 | N/A | 31.2 | 438.3% |
| Colombia | 6.7 | 4.3 | 38.8 | 13.6 | 26.6% |
| Others | 151 | 124 | 162 | 171 | 4.2% |
| Total | 907 | 912 | 1,971 | 2,041 | 31.0% |
Top Suppliers of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type to Guatemala in 2022:
- China (12.1K units)
- United States (3.9K units)
- Taiwan (Chinese) (1.6K units)
- Mexico (0.4K units)
- South Korea (0.3K units)
- Colombia (0.1K units)
Exports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Guatemala
After three years of growth, overseas shipments of tools; for working in the hand, pneumatic, other than rotary type decreased by -12.3% to 213 units in 2022. Over the period under review, exports, however, recorded significant growth. The growth pace was the most rapid in 2020 when exports increased by 118%. The exports peaked at 243 units in 2021, and then dropped in the following year.
In value terms, exports of tools; for working in the hand, pneumatic, other than rotary type contracted markedly to $40K in 2022. Overall, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 112% against the previous year. Over the period under review, the exports of tools; for working in hand, pneumatic, other than rotary type attained the maximum at $58K in 2021, and then fell significantly in the following year.
| Export of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| El Salvador | 2.1 | 26.1 | 44.8 | 19.5 | 110.2% |
| Panama | 2.0 | 3.5 | 4.5 | 11.5 | 79.2% |
| Mexico | 5.9 | 5.2 | 3.4 | 2.7 | -22.9% |
| United States | 6.9 | 4.7 | 1.5 | 1.5 | -39.9% |
| Belize | 3.0 | 0.5 | 0.1 | 1.1 | -28.4% |
| Honduras | 1.0 | 1.7 | 3.3 | 0.7 | -11.2% |
| Bahamas | N/A | 3.5 | N/A | N/A | 0% |
| Others | 0.9 | 0.9 | 0.8 | 2.9 | 47.7% |
| Total | 21.7 | 46.1 | 58.3 | 39.8 | 22.4% |
Top Export Markets for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type from Guatemala in 2022:
- El Salvador (102.0 units)
- Panama (59.0 units)
- Mexico (26.0 units)
- United States (7.0 units)
- Belize (7.0 units)
- Honduras (4.0 units)
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