Guatemala - Pliers, Pincers And Tweezers For Nonmedical Use - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPliers and Pincers Price in Guatemala - 2024
Contents:
- Pliers and Pincers Price in Guatemala (CIF) - 2024
- Pliers and Pincers Price in Guatemala (FOB) - 2022
- Pliers and Pincers Imports in Guatemala
- Pliers and Pincers Exports in Guatemala
Pliers and Pincers Price in Guatemala (CIF) - 2024
In February 2024, the average pliers and pincers import price amounted to $5,238 per ton, with a decrease of -8.6% against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in March 2023 when the average import price increased by 25% m-o-m. As a result, import price attained the peak level of $6,846 per ton. From April 2023 to February 2024, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Mexico ($28,775 per ton), while the price for China ($4,325 per ton) was amongst the lowest.
From February 2023 to February 2024, the most notable rate of growth in terms of prices was attained by Mexico (+14.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Pliers and Pincers Price in Guatemala (FOB) - 2022
The average pliers and pincers export price stood at $6,594 per ton in 2022, shrinking by -11.1% against the previous year. In general, the export price recorded a noticeable downturn. The most prominent rate of growth was recorded in 2014 an increase of 45%. As a result, the export price attained the peak level of $12,778 per ton. From 2015 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Belize ($14,716 per ton), while the average price for exports to Venezuela ($3,983 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belize (+7.9%), while the prices for the other major destinations experienced mixed trend patterns.
Pliers and Pincers Imports in Guatemala
In 2022, the amount of pliers, pincers and tweezers for nonmedical use imported into Guatemala contracted slightly to 790 tons, approximately mirroring the year before. In general, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +14.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.0% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 54% against the previous year. As a result, imports attained the peak of 801 tons, and then fell slightly in the following year.
In value terms, pliers and pincers imports rose slightly to $4.6M in 2022. Over the period under review, imports, however, posted a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 78%. Imports peaked in 2022 and are likely to see gradual growth in years to come.
Import of Pliers and Pincers in Guatemala (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 1,079 | 1,219 | 2,935 | 3,754 | 51.5% |
United States | 714 | 513 | 524 | 256 | -29.0% |
Taiwan (Chinese) | 23.6 | 24.9 | 82.4 | 162 | 90.0% |
Brazil | 32.8 | 17.7 | 27.8 | 66.5 | 26.6% |
India | 106 | 28.7 | 36.0 | 58.5 | -18.0% |
Mexico | 413 | 495 | 427 | 56.6 | -48.4% |
Panama | 90.2 | 61.7 | 96.9 | 1.5 | -74.5% |
Others | 194 | 186 | 404 | 289 | 14.2% |
Total | 2,653 | 2,546 | 4,533 | 4,644 | 20.5% |
Top Suppliers of Pliers and Pincers to Guatemala in 2022:
- China (689.4 tons)
- United States (38.0 tons)
- Brazil (14.9 tons)
- India (12.8 tons)
- Taiwan (Chinese) (12.1 tons)
- Mexico (6.4 tons)
- Panama (0.3 tons)
Pliers and Pincers Exports in Guatemala
In 2022, approx. 15 tons of pliers, pincers and tweezers for nonmedical use were exported from Guatemala; surging by 54% against the previous year's figure. Overall, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +8.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +85.9% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, pliers and pincers exports skyrocketed to $96K in 2022. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +13.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +55.9% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Pliers and Pincers in Guatemala (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
El Salvador | 50.3 | 14.4 | 24.1 | 41.4 | -6.3% |
Honduras | 5.0 | 19.3 | 19.2 | 13.1 | 37.9% |
Panama | 1.0 | 2.2 | 0.5 | 11.1 | 123.1% |
Nicaragua | 1.8 | 2.4 | 4.4 | 9.2 | 72.3% |
Costa Rica | 0.8 | 3.2 | 9.0 | 7.6 | 111.8% |
Chile | N/A | N/A | 1.2 | 4.6 | 283.3% |
Belize | N/A | 6.2 | 4.9 | 4.3 | -16.7% |
Venezuela | N/A | N/A | N/A | 3.5 | 0% |
United States | 0.3 | 7.8 | 3.2 | N/A | 226.6% |
Mexico | 4.7 | N/A | 0.1 | N/A | -85.4% |
Czech Republic | N/A | 5.5 | N/A | N/A | 0% |
Others | 2.1 | 0.7 | 3.5 | 1.4 | -12.6% |
Total | 66.1 | 61.7 | 70.0 | 96.2 | 13.3% |
Top Export Markets for Pliers and Pincers from Guatemala in 2022:
- El Salvador (6.6 tons)
- Costa Rica (1.7 tons)
- Nicaragua (1.4 tons)
- Honduras (1.3 tons)
- Panama (1.2 tons)
- Chile (0.9 tons)
- Venezuela (0.9 tons)
- Belize (0.3 tons)
This report provides an in-depth analysis of the pliers and pincers 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 25733016 - Pliers, including cutting pliers, pincers and tweezers for nonmedical use and similar hand tools, of base metal
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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