Price for Electronic Integrated Circuits and Microassemblies in Guatemala - 2023
Contents:
- Price for Electronic Integrated Circuits and Microassemblies in Guatemala (CIF) - 2022
- Price for Electronic Integrated Circuits and Microassemblies in Guatemala (FOB) - 2022
- Imports of Electronic Integrated Circuits and Microassemblies in Guatemala
- Exports of Electronic Integrated Circuits and Microassemblies in Guatemala
Price for Electronic Integrated Circuits and Microassemblies in Guatemala (CIF) - 2022
In 2022, the average import price for electronic integrated circuits and microassemblieses amounted to $242 per unit, reducing by -13.6% against the previous year. Overall, the import price showed a deep downturn. The pace of growth was the most pronounced in 2018 when the average import price increased by 34% against the previous year. The import price peaked at $1,955 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Taiwan (Chinese) ($258 per unit) and Hong Kong SAR ($248 per unit), while the price for Vietnam ($184 per unit) and Mexico ($245 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (-0.6%), while the prices for the other major suppliers experienced a decline.
Price for Electronic Integrated Circuits and Microassemblies in Guatemala (FOB) - 2022
The average export price for electronic integrated circuits and microassemblieses stood at $34 per unit in 2022, with an increase of 9.8% against the previous year. Overall, the export price, however, faced a abrupt setback. The pace of growth was the most pronounced in 2018 an increase of 28% against the previous year. The export price peaked at $115 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($35 per unit), while the average price for exports to Belize ($12 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 Malaysia (-4.0%), while the prices for the other major destinations experienced a decline.
Imports of Electronic Integrated Circuits and Microassemblies in Guatemala
After three years of growth, overseas purchases of electronic integrated circuits and microassemblieses decreased by -10% to 59K units in 2022. Overall, imports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 112%. As a result, imports reached the peak of 66K units, and then declined in the following year.
In value terms, electronic integrated circuits and microassemblies imports declined notably to $14M in 2022. The total import value increased at an average annual rate of +2.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 32% against the previous year. As a result, imports attained the peak of $18M, and then declined rapidly in the following year.
| Import of Electronic Integrated Circuits and Microassemblies in Guatemala (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 9.9 | 11.0 | 13.2 | 7.3 | -9.7% |
| China | 0.3 | 0.3 | 1.6 | 3.3 | 122.4% |
| Vietnam | N/A | N/A | 0.1 | 0.7 | 600.0% |
| Israel | 0.2 | 0.3 | 0.3 | 0.5 | 35.7% |
| Panama | 0.3 | 0.2 | 0.6 | 0.5 | 18.6% |
| Taiwan (Chinese) | N/A | N/A | 0.2 | 0.4 | 100.0% |
| Mexico | 0.7 | 0.3 | 0.3 | 0.4 | -17.0% |
| Costa Rica | 0.5 | 0.2 | 0.4 | 0.2 | -26.3% |
| Malaysia | N/A | 0.2 | 0.4 | 0.2 | 0.0% |
| El Salvador | 0.8 | 0.8 | 0.5 | N/A | -20.9% |
| Others | 0.6 | 0.7 | 0.9 | 0.7 | 5.3% |
| Total | 13.4 | 14.0 | 18.4 | 14.3 | 2.2% |
Top Suppliers of Electronic Integrated Circuits and Microassemblies to Guatemala in 2022:
- United States (29.9K units)
- China (13.5K units)
- Vietnam (3.8K units)
- Israel (2.2K units)
- Panama (2.1K units)
- Mexico (1.6K units)
- Taiwan (Chinese) (1.5K units)
- Malaysia (1.0K units)
- Costa Rica (0.9K units)
- El Salvador (0.2K units)
Exports of Electronic Integrated Circuits and Microassemblies in Guatemala
In 2022, approx. 28K units of electronic integrated circuits and microassemblieses were exported from Guatemala; picking up by 14% on the previous year's figure. In general, exports recorded significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 642%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, electronic integrated circuits and microassemblies exports soared to $972K in 2022. Over the period under review, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 365% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.
| Export of Electronic Integrated Circuits and Microassemblies in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 0.4 | 71.3 | 393 | 813 | 1166.7% |
| El Salvador | 40.3 | 14.4 | 53.8 | 46.1 | 4.6% |
| United States | 93.2 | 29.4 | 28.4 | 45.8 | -21.1% |
| Malaysia | 20.8 | 18.2 | 147 | 28.3 | 10.8% |
| Belize | 6.0 | 2.8 | 2.6 | 5.3 | -4.1% |
| Hong Kong SAR | 68.1 | 16.5 | 94.0 | N/A | 17.5% |
| Others | 31.0 | 15.2 | 61.4 | 33.6 | 2.7% |
| Total | 260 | 168 | 780 | 972 | 55.2% |
Top Export Markets for Electronic Integrated Circuits and Microassemblies from Guatemala in 2022:
- Germany (23.0K units)
- El Salvador (1.3K units)
- United States (1.3K units)
- Malaysia (0.8K units)
- Belize (0.4K units)
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