Multiple Loudspeakers Price in Guatemala - 2023

Contents:

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

Multiple Loudspeakers Price in Guatemala (CIF) - 2022

In 2022, the average multiple loudspeakers import price amounted to $95 per unit, falling by -19.8% against the previous year. Overall, the import price, however, recorded a remarkable increase. The pace of growth appeared the most rapid in 2014 an increase of 61% against the previous year. The import price peaked at $134 per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

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 Vietnam ($130 per unit), while the price for Panama ($34 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+16.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Multiple Loudspeakers Price in Guatemala (FOB) - 2022

In 2022, the average multiple loudspeakers export price amounted to $234 per unit, surging by 3.8% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average export price increased by 77% against the previous year. The export price peaked at $276 per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Nicaragua ($260 per unit), while the average price for exports to Germany ($94 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 (+22.8%), while the prices for the other major destinations experienced more modest paces of growth.

Multiple Loudspeakers Imports in Guatemala

In 2022, multiple loudspeakers imports into Guatemala surged to 84K units, growing by 98% on the previous year's figure. In general, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, multiple loudspeakers imports soared to $8M in 2022. Over the period under review, imports enjoyed a strong increase. The most prominent rate of growth was recorded in 2021 with an increase of 70% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in years to come.

Import of Multiple Loudspeakers in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,6571,0872,0486,22455.4%
Vietnam4.617.5272655422.2%
Spain77481.494.2366-22.1%
United States1,7399811,445221-49.7%
Thailand60.770.887.613028.9%
Malaysia2.0N/A37.9113283.7%
Italy39223.2143108-34.9%
Panama1,1325057980.7-91.5%
Others193206120182-1.9%
Total5,9562,9725,0468,00010.3%

Top Suppliers of Multiple Loudspeakers to Guatemala in 2022:

  1. China (68.0K units)
  2. Vietnam (5.1K units)
  3. Spain (2.9K units)
  4. Malaysia (2.2K units)
  5. United States (1.9K units)
  6. Thailand (1.5K units)
  7. Italy (0.9K units)

Multiple Loudspeakers Exports in Guatemala

In 2022, overseas shipments of multiple loudspeakers (in enclosure) were finally on the rise to reach 431 units after two years of decline. In general, exports, however, showed a dramatic decrease. The exports peaked at 868 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, multiple loudspeakers exports surged to $101K in 2022. Overall, exports, however, recorded a precipitous contraction. Over the period under review, the exports reached the peak figure at $218K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Multiple Loudspeakers in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
El Salvador15620.824.874.9-21.7%
Honduras17.911.43.37.5-25.2%
United States25.73.72.94.2-45.3%
Nicaragua5.216.93.83.1-15.8%
Germany0.20.10.23.0146.6%
Others13.111.08.68.3-14.1%
Total21863.943.6101-22.6%

Top Export Markets for Multiple Loudspeakers from Guatemala in 2022:

  1. El Salvador (297.0 units)
  2. Germany (32.0 units)
  3. Honduras (30.0 units)
  4. United States (17.0 units)
  5. Nicaragua (12.0 units)

Source: IndexBox Market Intelligence Platform

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