Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Guatemala - 2023
Contents:
- Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Guatemala (CIF) - 2022
- Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Guatemala (FOB) - 2022
- Imports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Guatemala
- Exports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Guatemala
Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Guatemala (CIF) - 2022
The average import price for clocks; wall clocks, battery, accumulator or mains powereds stood at $6 per unit in 2022, declining by -16.2% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 29%. The import price peaked at $7.1 per unit in 2021, and then contracted notably in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from El Salvador ($6.7 per unit) and the United States ($6 per unit), while the price for China ($6 per unit) and Mexico ($6 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Guatemala (FOB) - 2022
In 2022, the average export price for clocks; wall clocks, battery, accumulator or mains powereds amounted to $7.1 per unit, waning by -3.2% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of 520%. The export price peaked at $7.4 per unit in 2021, and then shrank in the following year.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Honduras ($8.4 per unit), while the average price for exports to El Salvador ($4.4 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 Nicaragua (+4.5%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Guatemala
In 2022, supplies from abroad of clocks; wall clocks, battery, accumulator or mains powereds increased by 724% to 115K units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of clocks; wall clocks, battery, accumulator or mains powereds surged to $688K in 2022. In general, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 41.5 | 33.9 | 45.6 | 524 | 132.9% |
| Mexico | 14.1 | 8.7 | 14.8 | 150 | 119.9% |
| United States | 10.4 | 31.2 | 11.5 | 7.9 | -8.8% |
| El Salvador | 12.6 | 17.0 | 0.3 | N/A | -84.6% |
| Others | 21.2 | 24.4 | 27.5 | 6.1 | -34.0% |
| Total | 99.8 | 115 | 99.7 | 688 | 90.3% |
Top Suppliers of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered to Guatemala in 2022:
- China (87.9K units)
- Mexico (25.1K units)
- United States (1.3K units)
Exports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Guatemala
For the fourth consecutive year, Guatemala recorded growth in shipments abroad of clocks; wall clocks, battery, accumulator or mains powereds, which increased by 699% to 29K units in 2022. Over the period under review, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of clocks; wall clocks, battery, accumulator or mains powereds surged to $208K in 2022. In general, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Honduras | 1.1 | 0.9 | 8.2 | 77.2 | 312.5% |
| Nicaragua | 0.7 | 1.2 | 3.7 | 71.1 | 366.6% |
| El Salvador | 1.0 | 1.0 | 8.7 | 41.5 | 246.2% |
| Panama | 0.7 | 0.9 | 6.1 | 17.9 | 194.6% |
| Others | 0.2 | 0.3 | 0.2 | 0.1 | -20.6% |
| Total | 3.6 | 4.2 | 26.9 | 208 | 286.6% |
Top Export Markets for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered from Guatemala in 2022:
- El Salvador (9.4K units)
- Honduras (9.2K units)
- Nicaragua (8.5K units)
- Panama (2.1K units)
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