Price for Compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion in Guatemala - 2022

Contents:

  1. Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Guatemala (CIF) - 2022
  2. Imports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Guatemala

Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Guatemala (CIF) - 2022

The average import price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion stood at $2,406 per unit in 2022, reducing by -6.2% against the previous year. Overall, the import price, however, recorded a significant expansion. The pace of growth was the most pronounced in 2013 when the average import price increased by 8,017%. The import price peaked at $16,087 per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($7,989 per unit), while the price for Mexico ($65 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+95.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Guatemala

In 2022, supplies from abroad of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion decreased by -60% to 4 units for the first time since 2018, thus ending a three-year rising trend. Overall, imports continue to indicate a precipitous contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 25% against the previous year. As a result, imports attained the peak of 10 units, and then reduced rapidly in the following year.

In value terms, imports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion shrank remarkably to $9.6K in 2022. Over the period under review, imports recorded a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 59%. As a result, imports attained the peak of $26K, and then shrank notably in the following year.

Import of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States0.81.71.08.0115.4%
HondurasN/AN/AN/A1.50%
Mexico1.00.40.20.1-53.6%
United KingdomN/AN/AN/A0.10%
ItalyN/AN/A3.0N/A0%
Germany0.60.80.9N/A22.5%
China3.13.22.8N/A-5.0%
France1.3N/AN/AN/A0%
India6.29.817.4N/A67.5%
Panama0.10.20.3N/A73.2%
CanadaN/AN/AN/AN/A0%
Others0.1N/AN/AN/A0%
Total13.316.125.69.6-10.3%

Top Suppliers of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion to Guatemala in 2022:

  1. United States (1.0 units)
  2. United Kingdom (1.0 units)
  3. Honduras (1.0 units)
  4. Mexico (1.0 units)

Source: IndexBox Market Intelligence Platform

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