Guatemala - Handtools, Hydraulic Or With A Self-Contained Non-Electric Motor - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNon-Electric Motor Handtools Price in Guatemala - 2023
Contents:
- Non-Electric Motor Handtools Price in Guatemala (CIF) - 2022
- Non-Electric Motor Handtools Price in Guatemala (FOB) - 2022
- Non-Electric Motor Handtools Imports in Guatemala
- Non-Electric Motor Handtools Exports in Guatemala
Non-Electric Motor Handtools Price in Guatemala (CIF) - 2022
The average non-electric motor handtools import price stood at $115 per unit in 2022, surging by 12% against the previous year. Over the period under review, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, non-electric motor handtools import price increased by +80.0% against 2019 indices. The most prominent rate of growth was recorded in 2014 when the average import price increased by 43% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the immediate term.
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 Brazil ($331 per unit), while the price for the United States ($31 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.5%), while the prices for the other major suppliers experienced a decline.
Non-Electric Motor Handtools Price in Guatemala (FOB) - 2022
In 2022, the average non-electric motor handtools export price amounted to $257 per unit, increasing by 48% against the previous year. Overall, the export price showed buoyant growth. The most prominent rate of growth was recorded in 2015 an increase of 106%. The export price peaked at $409 per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Costa Rica ($266 per unit) and Mexico ($262 per unit), while the average price for exports to Nicaragua ($247 per unit) and El Salvador ($257 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 Nicaragua (+14.3%), while the prices for the other major destinations experienced more modest paces of growth.
Non-Electric Motor Handtools Imports in Guatemala
In 2022, after three years of growth, there was significant decline in overseas purchases of handtools, hydraulic or with a self-contained non-electric motor, when their volume decreased by -11.3% to 39K units. Overall, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +14.9% 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 +51.7% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 56%. As a result, imports attained the peak of 43K units, and then shrank in the following year.
In value terms, non-electric motor handtools imports declined modestly to $4.4M in 2022. Over the period under review, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 96%. As a result, imports reached the peak of $4.5M, leveling off in the following year.
| Import of Non-Electric Motor Handtools in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 650 | 693 | 1,931 | 2,460 | 55.8% |
| Brazil | 269 | 639 | 1,171 | 1,118 | 60.8% |
| United States | 272 | 265 | 553 | 219 | -7.0% |
| Japan | 14.3 | 16.2 | 21.2 | 110 | 97.4% |
| Mexico | 269 | 405 | 378 | 59.7 | -39.5% |
| Others | 151 | 255 | 413 | 468 | 45.8% |
| Total | 1,625 | 2,275 | 4,468 | 4,435 | 39.7% |
Top Suppliers of Non-Electric Motor Handtools to Guatemala in 2022:
- China (24.1K units)
- United States (7.1K units)
- Brazil (3.4K units)
- Japan (1.7K units)
- Mexico (0.8K units)
Non-Electric Motor Handtools Exports in Guatemala
Non-electric motor handtools exports from Guatemala plummeted to 334 units in 2022, with a decrease of -28.3% compared with the year before. Overall, exports, however, saw resilient growth. The most prominent rate of growth was recorded in 2021 when exports increased by 189% against the previous year. As a result, the exports reached the peak of 466 units, and then fell rapidly in the following year.
In value terms, non-electric motor handtools exports rose notably to $86K in 2022. Over the period under review, exports showed a deep slump. The pace of growth was the most pronounced in 2021 when exports increased by 94% against the previous year. Over the period under review, the exports reached the maximum at $106K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Non-Electric Motor Handtools in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1.1 | N/A | 7.7 | 48.4 | 253.0% |
| El Salvador | 29.8 | 24.6 | 51.2 | 20.3 | -12.0% |
| Honduras | 6.0 | 0.1 | 0.7 | 8.8 | 13.6% |
| Mexico | 60.3 | N/A | N/A | 3.7 | -60.6% |
| Nicaragua | N/A | 0.1 | 11.3 | 2.2 | 369.0% |
| Costa Rica | 0.1 | N/A | 9.9 | 1.6 | 152.0% |
| Spain | N/A | 15.5 | N/A | N/A | 0% |
| Saint Kitts and Nevis | N/A | N/A | 0.3 | N/A | 0% |
| Others | 9.1 | 1.4 | N/A | 0.9 | -53.8% |
| Total | 106 | 41.8 | 81.1 | 85.8 | -6.8% |
Top Export Markets for Non-Electric Motor Handtools from Guatemala in 2022:
- United States (188.0 units)
- El Salvador (79.0 units)
- Honduras (34.0 units)
- Mexico (14.0 units)
- Nicaragua (9.0 units)
- Costa Rica (6.0 units)
This report provides an in-depth analysis of the non-electric motor handtools 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 28241280 - Handtools, hydraulic or with a self-contained non-electric motor (excluding chainsaws)
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
-
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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