Report Update: May 1, 2024

Guatemala - Non-Domestic Dryers - Market Analysis, Forecast, Size, Trends And Insights

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Non-Domestic Dryer Price in Guatemala - 2023

Non-Domestic Dryer Price in Guatemala (CIF) - 2022

In 2022, the average non-domestic dryer import price amounted to $3,273 per unit, rising by 18% against the previous year. Overall, import price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, non-domestic dryer import price decreased by -17.5% against 2019 indices. The pace of growth was the most pronounced in 2019 when the average import price increased by 57% against the previous year. As a result, import price attained the peak level of $3,969 per unit. From 2020 to 2022, the average 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 UK ($8,851 per unit), while the price for China ($1,208 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+15.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Non-Domestic Dryer Price in Guatemala (FOB) - 2022

In 2022, the average non-domestic dryer export price amounted to $4,147 per unit, with an increase of 7.7% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. The growth pace was the most rapid in 2014 when the average export price increased by 24% against the previous year. The export price peaked at $4,669 per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Nicaragua ($5,149 per unit) and Costa Rica ($5,015 per unit), while the average price for exports to Panama ($3,454 per unit) and Honduras ($3,979 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 El Salvador (+2.8%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Domestic Dryer Imports in Guatemala

Non-domestic dryer imports into Guatemala soared to 1.5K units in 2022, picking up by 146% compared with 2021 figures. Over the period under review, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, non-domestic dryer imports skyrocketed to $5M in 2022. Overall, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Non-Domestic Dryer in Guatemala (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Italy	956	37.5	20.4	1,833	24.2%
United States	872	3,010	137	1,216	11.7%
Germany	352	350	526	913	37.4%
United Kingdom	3.8	N/A	N/A	319	337.9%
China	42.6	43.7	81.5	306	92.9%
India	N/A	N/A	N/A	148	0%
Argentina	N/A	N/A	N/A	105	0%
Colombia	N/A	N/A	275	0.4	-99.9%
Others	199	75.7	699	197	-0.3%
Total	2,425	3,517	1,739	5,037	27.6%

Top Suppliers of Non-Domestic Dryer to Guatemala in 2022:

Italy (562.0 units)
United States (330.0 units)
China (253.0 units)
Germany (180.0 units)
India (100.0 units)
United Kingdom (36.0 units)
Argentina (35.0 units)
Colombia (1.0 units)

Non-Domestic Dryer Exports in Guatemala

In 2022, exports of non-domestic dryers from Guatemala skyrocketed to 150 units, surging by 69% compared with the previous year's figure. In general, exports, however, showed a pronounced setback. The most prominent rate of growth was recorded in 2021 with an increase of 178%. Over the period under review, the exports hit record highs at 165 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, non-domestic dryer exports soared to $622K in 2022. Over the period under review, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 202%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

Export of Non-Domestic Dryer in Guatemala (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Honduras	239	11.3	115	310	9.1%
El Salvador	76.7	38.6	109	164	28.8%
Nicaragua	155	13.8	45.5	56.6	-28.5%
Costa Rica	88.9	18.5	24.0	55.2	-14.7%
Panama	46.2	24.8	49.1	27.6	-15.8%
Others	0.1	6.5	N/A	8.3	336.2%
Total	606	113	343	622	0.9%

Top Export Markets for Non-Domestic Dryer from Guatemala in 2022:

Honduras (78.0 units)
El Salvador (40.0 units)
Costa Rica (11.0 units)
Nicaragua (11.0 units)
Panama (8.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the non-domestic dryer 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 28993150 - Non-domestic dryers (excluding those for agricultural products, those for wood, paper pulp, paper or paperboard)

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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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