Non-Enclosed Loudspeakers Price in Guatemala - 2022

Contents:

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

Non-Enclosed Loudspeakers Price in Guatemala (CIF) - 2022

The average non-enclosed loudspeakers import price stood at $14 per unit in 2022, waning by -6.5% against the previous year. Over the period under review, the import price recorded a perceptible slump. The most prominent rate of growth was recorded in 2015 when the average import price increased by 18%. As a result, import price attained the peak level of $22 per unit. From 2016 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($28 per unit), while the price for Taiwan (Chinese) ($0.7 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+14.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Non-Enclosed Loudspeakers Price in Guatemala (FOB) - 2022

In 2022, the average non-enclosed loudspeakers export price amounted to $40 per unit, picking up by 29% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.5%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was El Salvador ($42 per unit), while the average price for exports to the Dominican Republic ($8.6 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 El Salvador (+1.8%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Enclosed Loudspeakers Imports in Guatemala

In 2022, the amount of loudspeakers (not in enclosure) imported into Guatemala surged to 759K units, picking up by 49% on the previous year's figure. Over the period under review, imports enjoyed a strong increase. The pace of growth appeared the most rapid in 2021 with an increase of 58% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, non-enclosed loudspeakers imports soared to $11M in 2022. Overall, imports showed a strong increase. The most prominent rate of growth was recorded in 2021 when imports increased by 65%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.

Import of Non-Enclosed Loudspeakers in Guatemala (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.81.64.67.035.7%
ItalyN/A0.20.41.9208.2%
United States3.72.22.21.2-31.3%
MalaysiaN/AN/AN/A0.20%
VietnamN/AN/A0.10.2100.0%
Taiwan (Chinese)N/AN/AN/AN/A0%
Others0.80.70.60.4-20.6%
Total7.34.77.810.914.3%

Top Suppliers of Non-Enclosed Loudspeakers to Guatemala in 2022:

  1. China (534.0K units)
  2. Italy (69.1K units)
  3. United States (57.9K units)
  4. Taiwan (Chinese) (40.3K units)
  5. Malaysia (27.5K units)
  6. Vietnam (12.9K units)

Non-Enclosed Loudspeakers Exports in Guatemala

Non-enclosed loudspeakers exports from Guatemala expanded significantly to 5.3K units in 2022, with an increase of 11% on the previous year. Overall, total exports indicated a temperate increase from 2019 to 2022: its volume increased at an average annual rate of +2.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +78.3% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 61% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, non-enclosed loudspeakers exports surged to $211K in 2022. In general, exports showed a strong increase. The growth pace was the most rapid in 2021 when exports increased by 50% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

Export of Non-Enclosed Loudspeakers in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
El Salvador57.240.288.112931.1%
Nicaragua13.244.118.339.744.3%
Honduras5.73.117.819.149.6%
United States87.56.913.618.3-40.6%
Costa Rica5.10.15.11.6-32.1%
Dominican Republic0.2N/AN/A1.071.0%
Others5.54.04.61.6-33.7%
Total17498.31472116.6%

Top Export Markets for Non-Enclosed Loudspeakers from Guatemala in 2022:

  1. El Salvador (3044.0 units)
  2. Nicaragua (951.0 units)
  3. United States (532.0 units)
  4. Honduras (469.0 units)
  5. Dominican Republic (112.0 units)
  6. Costa Rica (56.0 units)

Source: IndexBox Market Intelligence Platform

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Free Data: Loudspeakers (Not In Enclosure) - Guatemala