Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Guatemala - 2022
Contents:
- Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Guatemala (CIF) - 2022
- Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Guatemala (FOB) - 2022
- Imports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Guatemala
- Exports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Guatemala
Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Guatemala (CIF) - 2022
The average import price for electric motors and generators stood at $71 per unit in 2022, shrinking by -17.5% against the previous year. Overall, the import price recorded a abrupt setback. The most prominent rate of growth was recorded in 2021 an increase of 11%. The import price peaked at $143 per unit in 2016; however, from 2017 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 Italy ($305 per unit), while the price for Brazil ($5.4 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Guatemala (FOB) - 2022
The average export price for electric motors and generators stood at $208 per unit in 2022, with an increase of 5.1% against the previous year. Over the last decade, it increased at an average annual rate of +4.4%. The most prominent rate of growth was recorded in 2014 when the average export price increased by 15% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was El Salvador ($235 per unit), while the average price for exports to the United States ($72 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 Germany (+20.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Guatemala
In 2022, approx. 61K units of electric motors and generators were imported into Guatemala; jumping by 80% compared with the previous year. In general, imports posted a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of electric motors and generators skyrocketed to $4.3M in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +9.2% 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 +69.8% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 944 | 809 | 1,208 | 1,421 | 14.6% |
| China | 367 | 457 | 732 | 1,345 | 54.2% |
| Mexico | 1,330 | 132 | 70.4 | 376 | -34.4% |
| Italy | 157 | 101 | 128 | 311 | 25.6% |
| Germany | 58.2 | 61.3 | 101 | 181 | 46.0% |
| India | 0.9 | 0.2 | 5.2 | 87.1 | 359.1% |
| Singapore | 9.0 | 5.0 | 34.4 | 72.3 | 100.3% |
| Bulgaria | N/A | 0.7 | 33.7 | 49.5 | 740.9% |
| Czech Republic | 0.4 | 1.2 | 8.1 | 41.7 | 370.6% |
| Brazil | 45.2 | 3.1 | 6.8 | 27.4 | -15.4% |
| Sweden | 23.0 | 0.9 | 0.1 | 24.0 | 1.4% |
| Thailand | N/A | 0.1 | 0.5 | 11.7 | 981.7% |
| Hong Kong SAR | 11.2 | 636 | 286 | 0.4 | -67.1% |
| Others | 375 | 340 | 297 | 375 | 0.0% |
| Total | 3,321 | 2,547 | 2,911 | 4,324 | 9.2% |
Top Suppliers of Electric Motors and Generators; DC, of an Output Not Exceeding 750W to Guatemala in 2022:
- China (13.9K units)
- United States (10.7K units)
- Germany (7.9K units)
- Mexico (7.3K units)
- Brazil (5.1K units)
- Thailand (2.2K units)
- India (1.8K units)
- Singapore (1.6K units)
- Bulgaria (1.6K units)
- Sweden (1.4K units)
- Italy (1.0K units)
- Czech Republic (0.9K units)
Exports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Guatemala
In 2022, the amount of electric motors and generators exported from Guatemala surged to 544 units, growing by 125% on the year before. Over the period under review, exports, however, showed a deep reduction. Over the period under review, the exports of reached the peak figure at 635 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of electric motors and generators skyrocketed to $113K in 2022. Overall, exports, however, recorded a slight descent. The exports peaked at $118K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| El Salvador | 36.5 | 3.8 | 18.0 | 47.0 | 8.8% |
| Honduras | 32.8 | 13.0 | 5.5 | 42.1 | 8.7% |
| Nicaragua | 5.2 | 9.0 | 11.1 | 15.0 | 42.4% |
| Panama | 0.2 | 2.7 | 6.2 | 3.2 | 152.0% |
| Chile | N/A | N/A | N/A | 1.9 | 0% |
| Germany | 0.2 | 0.4 | 2.0 | 1.1 | 76.5% |
| United States | N/A | 2.7 | 1.7 | 0.9 | -42.3% |
| Costa Rica | 40.4 | 0.1 | 2.7 | 0.4 | -78.5% |
| Others | 2.7 | 0.8 | 0.7 | 1.9 | -11.1% |
| Total | 118 | 32.5 | 48.0 | 113 | -1.4% |
Top Export Markets for Electric Motors and Generators; DC, of an Output Not Exceeding 750W from Guatemala in 2022:
- El Salvador (200.0 units)
- Honduras (181.0 units)
- Nicaragua (70.0 units)
- Panama (22.0 units)
- Chile (17.0 units)
- Germany (15.0 units)
- United States (13.0 units)
- Costa Rica (3.0 units)
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This report provides an in-depth analysis of the dc motor market in Guatemala.
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This report provides an in-depth analysis of the ac/dc motor market in Guatemala.
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This report provides an in-depth analysis of the global dc motor market.
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Explore the top import markets for DC motors in 2023 and discover key statistics and insights.
808
In 2016, approx. X tons of motor were imported worldwide- flattening at the previous year level. In general, motor imports continue to indicate a drastic deduction. The pace of growth was the mos...
1201
China continued its dominance in the global motor trade. In 2014, China exported X million units of motors totaling X million USD, X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its total motor ex
1271
China seized control of the AC/DC motor market. In 2014, China exported X kt of AC/DC motors totaling $X, X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its total AC/DC motor exports in value term
