Electric Rotary Converter Price in Guatemala - 2022

Contents:

1. Electric Rotary Converter Price in Guatemala (CIF) - 2022
2. Electric Rotary Converter Price in Guatemala (FOB) - 2022
3. Electric Rotary Converter Imports in Guatemala
4. Electric Rotary Converter Exports in Guatemala

Electric Rotary Converter Price in Guatemala (CIF) - 2022

The average electric rotary converter import price stood at $156 per unit in 2022, standing approx. at the previous year. Overall, the import price, however, showed a abrupt decline. The most prominent rate of growth was recorded in 2014 when the average import price increased by 75%. As a result, import price attained the peak level of $803 per unit. From 2015 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($876 per unit), while the price for China ($75 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-0.5%), while the prices for the other major suppliers experienced a decline.

Electric Rotary Converter Price in Guatemala (FOB) - 2022

In 2022, the average electric rotary converter export price amounted to $493 per unit, dropping by -21.8% against the previous year. Over the period under review, export price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, electric rotary converter export price increased by +57.8% against 2018 indices. The most prominent rate of growth was recorded in 2019 when the average export price increased by 128%. Over the period under review, the average export prices reached the peak figure at $774 per unit in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Honduras.

From 2012 to 2022, the rate of growth in terms of prices for El Salvador amounted to +0.3% per year.

Electric Rotary Converter Imports in Guatemala

For the fourth year in a row, Guatemala recorded growth in purchases abroad of electric rotary converters, which increased by 25% to 2.6K units in 2022. Overall, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +27.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +106.5% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 50%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, electric rotary converter imports skyrocketed to $407K in 2022. Over the period under review, imports showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 141% against the previous year. As a result, imports attained the peak of $449K. From 2021 to 2022, the growth of imports failed to regain momentum.

Top Suppliers of Electric Rotary Converter to Guatemala in 2022:

1. China (1717.0 units)
2. United States (463.0 units)
3. Mexico (280.0 units)
4. Spain (49.0 units)

Electric Rotary Converter Exports in Guatemala

In 2022, overseas shipments of electric rotary converters were finally on the rise to reach 8 units after two years of decline. Over the period under review, exports, however, recorded a sharp downturn. Over the period under review, the exports reached the maximum at 17 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, electric rotary converter exports surged to $3.9K in 2022. In general, exports, however, faced a dramatic slump. Over the period under review, the exports reached the peak figure at $12K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Top Export Markets for Electric Rotary Converter from Guatemala in 2022:

1. Honduras (8.0 units)

Source: IndexBox Market Intelligence Platform