Report Update: May 1, 2024

Guatemala - Positive Displacement Pumps And Hand Pumps - Market Analysis, Forecast, Size, Trends And Insights

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Positive Displacement Pump Price in Guatemala - 2022

Positive Displacement Pump Price in Guatemala (CIF) - 2022

In 2022, the average positive displacement pump import price amounted to $8.6 per unit, picking up by 3% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2016 an increase of 50%. As a result, import price attained the peak level of $26 per unit. From 2017 to 2022, the average 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 China ($11 per unit), while the price for Mexico ($0.9 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (-2.3%), while the prices for the other major suppliers experienced a decline.

Positive Displacement Pump Price in Guatemala (FOB) - 2022

The average positive displacement pump export price stood at $28 per unit in 2022, reducing by -4.6% against the previous year. Overall, the export price showed a abrupt decline. The growth pace was the most rapid in 2017 an increase of 199% against the previous year. Over the period under review, the average export prices hit record highs at $64 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Costa Rica ($26 per unit) and Nicaragua ($26 per unit), while the average price for exports to Belize ($26 per unit) and Panama ($26 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 Belize (+1.9%), while the prices for the other major destinations experienced a decline.

Positive Displacement Pump Imports in Guatemala

In 2022, supplies from abroad of positive displacement pumps and hand pumps decreased by -9% to 83K units, falling for the second consecutive year after two years of growth. Over the period under review, imports, however, showed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 251%. As a result, imports attained the peak of 110K units. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, positive displacement pump imports fell to $713K in 2022. Overall, imports, however, showed significant growth. The growth pace was the most rapid in 2020 when imports increased by 304%. As a result, imports attained the peak of $1.3M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Positive Displacement Pump in Guatemala (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	32.4	783	269	413	133.6%
Mexico	68.3	82.7	70.1	24.0	-29.4%
Taiwan (Chinese)	3.1	4.2	34.2	17.6	78.4%
Colombia	5.4	11.2	40.7	11.7	29.4%
Hong Kong SAR	31.2	73.2	9.9	0.5	-74.8%
Others	171	304	336	246	12.9%
Total	312	1,258	760	713	31.7%

Top Suppliers of Positive Displacement Pump to Guatemala in 2022:

Hong Kong SAR (undefinedK units)
China (38.7K units)
Mexico (27.1K units)
Colombia (6.1K units)
Taiwan (Chinese) (1.6K units)

Positive Displacement Pump Exports in Guatemala

In 2022, after three years of growth, there was significant decline in shipments abroad of positive displacement pumps and hand pumps, when their volume decreased by -54% to 2.5K units. Overall, exports, however, enjoyed significant growth. The growth pace was the most rapid in 2020 with an increase of 605% against the previous year. The exports peaked at 5.3K units in 2021, and then dropped sharply in the following year.

In value terms, positive displacement pump exports fell sharply to $69K in 2022. In general, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 411% against the previous year. The exports peaked at $158K in 2021, and then declined remarkably in the following year.

Export of Positive Displacement Pump in Guatemala (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Honduras	7.7	42.8	41.9	26.4	50.8%
El Salvador	4.2	38.1	110	21.7	72.9%
Panama	2.2	14.1	1.0	12.2	77.0%
Nicaragua	4.5	5.4	0.6	1.4	-32.2%
Belize	N/A	0.1	1.0	1.1	231.7%
Costa Rica	1.5	7.2	0.2	0.8	-18.9%
Others	1.5	2.1	2.9	5.6	55.1%
Total	21.5	110	158	69.2	47.6%

Top Export Markets for Positive Displacement Pump from Guatemala in 2022:

Honduras (1012.0 units)
El Salvador (831.0 units)
Panama (468.0 units)
Nicaragua (54.0 units)
Belize (41.0 units)
Costa Rica (31.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the positive displacement pump 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 28131145 - Positive displacement pumps, hand pumps

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