Guatemala - Machinery For The Preparation Or Manufacture Of Food Or Drink - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFood Manufacture Machinery Price in Guatemala - 2023
Contents:
- Food Manufacture Machinery Price in Guatemala (CIF) - 2022
- Food Manufacture Machinery Price in Guatemala (FOB) - 2022
- Food Manufacture Machinery Imports in Guatemala
- Food Manufacture Machinery Exports in Guatemala
Food Manufacture Machinery Price in Guatemala (CIF) - 2022
The average food manufacture machinery import price stood at $3,312 per unit in 2022, with an increase of 57% against the previous year. Over the period under review, the import price enjoyed perceptible growth. The pace of growth appeared the most rapid in 2017 when the average import price increased by 121%. The import price peaked at $4,660 per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat 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 Turkey ($12,403 per unit), while the price for India ($393 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+35.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Food Manufacture Machinery Price in Guatemala (FOB) - 2022
The average food manufacture machinery export price stood at $2,705 per unit in 2022, falling by -5.6% against the previous year. In general, the export price, however, showed a modest increase. The pace of growth appeared the most rapid in 2016 when the average export price increased by 57%. The export price peaked at $4,023 per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
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 Honduras ($4,357 per unit), while the average price for exports to the Dominican Republic ($412 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 the Dominican Republic (+55.4%), while the prices for the other major destinations experienced more modest paces of growth.
Food Manufacture Machinery Imports in Guatemala
In 2022, approx. 2.9K units of machinery for the preparation or manufacture of food or drink were imported into Guatemala; waning by -65.7% on the previous year's figure. In general, imports saw a deep contraction. The pace of growth appeared the most rapid in 2021 with an increase of 101% against the previous year. As a result, imports attained the peak of 8.3K units, and then dropped remarkably in the following year.
In value terms, food manufacture machinery imports reduced rapidly to $9.4M in 2022. Overall, imports, however, continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2021 with an increase of 148% against the previous year. As a result, imports reached the peak of $18M, and then plummeted in the following year.
Import of Food Manufacture Machinery in Guatemala (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Turkey | N/A | N/A | N/A | 2.4 | 0% |
China | 1.1 | 0.7 | 7.6 | 1.8 | 17.8% |
Colombia | 0.6 | 0.7 | 1.2 | 1.2 | 26.0% |
United States | 0.8 | 1.5 | 1.9 | 0.9 | 4.0% |
Germany | N/A | 1.3 | 0.4 | 0.7 | -26.6% |
Taiwan (Chinese) | N/A | N/A | N/A | 0.3 | 0% |
India | 0.4 | 0.4 | 0.6 | 0.3 | -9.1% |
Italy | 2.6 | 0.1 | 0.5 | 0.2 | -57.5% |
Others | 1.8 | 2.3 | 5.3 | 1.7 | -1.9% |
Total | 7.4 | 7.1 | 17.6 | 9.4 | 8.3% |
Top Suppliers of Food Manufacture Machinery to Guatemala in 2022:
- China (750.0 units)
- India (745.0 units)
- Colombia (649.0 units)
- Turkey (191.0 units)
- United States (122.0 units)
- Germany (63.0 units)
- Taiwan (Chinese) (54.0 units)
- Italy (41.0 units)
Food Manufacture Machinery Exports in Guatemala
In 2022, food manufacture machinery exports from Guatemala surged to 68 units, jumping by 45% against the year before. Over the period under review, exports, however, showed a deep setback. The pace of growth appeared the most rapid in 2021 with an increase of 135% against the previous year. The exports peaked at 128 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, food manufacture machinery exports surged to $184K in 2022. Overall, exports, however, showed a precipitous decrease. The pace of growth appeared the most rapid in 2021 with an increase of 184% against the previous year. Over the period under review, the exports hit record highs at $515K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
Export of Food Manufacture Machinery in Guatemala (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
El Salvador | 87.0 | 30.7 | 41.4 | 83.0 | -1.6% |
Honduras | 69.8 | 1.8 | 70.4 | 69.7 | -0.0% |
Dominican Republic | 5.5 | N/A | N/A | 3.7 | -12.4% |
Nicaragua | 4.3 | 12.6 | 2.7 | 2.8 | -13.3% |
Italy | 85.0 | N/A | 3.6 | N/A | -79.4% |
Panama | 6.6 | N/A | N/A | N/A | 0% |
Mexico | 250 | N/A | 15.0 | N/A | -75.5% |
Others | 6.8 | 2.3 | 1.6 | 24.7 | 53.7% |
Total | 515 | 47.4 | 135 | 184 | -29.0% |
Top Export Markets for Food Manufacture Machinery from Guatemala in 2022:
- El Salvador (39.0 units)
- Honduras (16.0 units)
- Dominican Republic (9.0 units)
- Nicaragua (1.0 units)
This report provides an in-depth analysis of the food manufacture machinery 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 28931770 - Machinery for the preparation or manufacture of food or drink, n .e.c.
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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