Guatemala - Fire Extinguishers - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Guatemala - Fire Extinguishers - Market Analysis, Forecast, Size, Trends And Insights

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Fire Extinguisher Price in Guatemala - 2022

Contents:

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

Fire Extinguisher Price in Guatemala (CIF) - 2022

In 2022, the average fire extinguisher import price amounted to $68 per unit, with an increase of 14% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the average import price increased by 72% against the previous year. Over the period under review, average import prices hit record highs at $118 per unit in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

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 the United States ($161 per unit), while the price for Mexico ($45 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.6%), while the prices for the other major suppliers experienced a decline.

Fire Extinguisher Price in Guatemala (FOB) - 2022

In 2022, the average fire extinguisher export price amounted to $527 per unit, with an increase of 15% against the previous year. Overall, export price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, fire extinguisher export price decreased by -17.9% against 2020 indices. The most prominent rate of growth was recorded in 2013 an increase of 54% against the previous year. Over the period under review, the average export prices reached the peak figure at $876 per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were El Salvador ($548 per unit) and Honduras ($533 per unit), while the average price for exports to Costa Rica ($509 per unit) and Belize ($532 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 (+46.7%), while the prices for the other major destinations experienced more modest paces of growth.

Fire Extinguisher Imports in Guatemala

In 2022, imports of fire extinguishers into Guatemala surged to 36K units, picking up by 35% compared with the year before. In general, total imports indicated perceptible growth from 2019 to 2022: its volume increased at an average annual rate of +3.6% 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 +90.2% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 40%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, fire extinguisher imports surged to $2.5M in 2022. Over the period under review, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Fire Extinguisher in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States41838652295631.8%
China36326545393437.0%
Mexico21510921245528.4%
Canada1.82.714072.4242.6%
El Salvador11456.965.30.1-90.4%
Belgium61.169.583.5N/A16.9%
Others19315511333.3-44.3%
Total1,3661,0451,5892,45121.5%

Top Suppliers of Fire Extinguisher to Guatemala in 2022:

  1. El Salvador (undefinedK units)
  2. China (19.2K units)
  3. Mexico (10.1K units)
  4. United States (5.9K units)
  5. Canada (0.7K units)

Fire Extinguisher Exports in Guatemala

In 2022, the amount of fire extinguishers exported from Guatemala rose to 237 units, picking up by 2.6% on the previous year's figure. Over the period under review, exports continue to indicate significant growth. The pace of growth was the most pronounced in 2021 with an increase of 157% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, fire extinguisher exports skyrocketed to $125K in 2022. In general, exports showed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 83%. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Fire Extinguisher in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Honduras28.29.243.461.329.5%
Belize1.531.540.553.7229.6%
El Salvador7.46.03.36.0-6.8%
Costa Rica1.92.00.73.623.7%
Spain7.66.16.6N/A-6.8%
Others7.23.111.50.4-61.8%
Total53.857.810612532.4%

Top Export Markets for Fire Extinguisher from Guatemala in 2022:

  1. Honduras (115.0 units)
  2. Belize (101.0 units)
  3. El Salvador (11.0 units)
  4. Costa Rica (7.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the fire extinguisher 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 28292210 - Fire extinguishers

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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