Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Guatemala - 2023
Contents:
- Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Guatemala (CIF) - 2022
- Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Guatemala (FOB) - 2022
- Imports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Guatemala
- Exports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Guatemala
Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Guatemala (CIF) - 2022
The average import price for heaters; instantaneous or storage water heaters, non-electric, other than gasses stood at $483 per unit in 2022, surging by 20% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.3%. The most prominent rate of growth was recorded in 2015 when the average import price increased by 42% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is likely to see steady growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United States ($484 per unit) and China ($484 per unit), while the price for Mexico ($480 per unit) and Costa Rica ($482 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+1.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Guatemala (FOB) - 2022
The average export price for heaters; instantaneous or storage water heaters, non-electric, other than gasses stood at $375 per unit in 2022, which is down by -25.8% against the previous year. Over the period under review, the export price, however, showed a mild expansion. The most prominent rate of growth was recorded in 2019 an increase of 299%. As a result, the export price reached the peak level of $765 per unit. From 2020 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was El Salvador ($556 per unit), while the average price for exports to Vietnam ($20 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 (+19.4%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Guatemala
In 2022, approx. 5.9K units of heaters; instantaneous or storage water heaters, non-electric, other than gasses were imported into Guatemala; rising by 55% compared with 2021 figures. Overall, imports posted significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 61% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of heaters; instantaneous or storage water heaters, non-electric, other than gasses soared to $2.9M in 2022. Over the period under review, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 791 | 779 | 1,218 | 2,533 | 47.4% |
| United States | 274 | 105 | 144 | 187 | -12.0% |
| Costa Rica | 54.3 | 69.5 | 19.5 | 70.4 | 9.0% |
| Spain | 109 | 14.1 | N/A | 36.7 | -30.4% |
| Mexico | 68.3 | 29.7 | 150 | 22.1 | -31.3% |
| Others | 3.8 | 9.4 | 7.8 | 14.7 | 57.0% |
| Total | 1,301 | 1,007 | 1,539 | 2,863 | 30.1% |
Top Suppliers of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas to Guatemala in 2022:
- China (5238.0 units)
- United States (386.0 units)
- Costa Rica (146.0 units)
- Spain (76.0 units)
- Mexico (46.0 units)
Exports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Guatemala
Exports of heaters; instantaneous or storage water heaters, non-electric, other than gasses from Guatemala rose rapidly to 12 units in 2022, surging by 9.1% compared with 2021. Overall, exports, however, showed a sharp contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 83% against the previous year. The exports peaked at 27 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of heaters; instantaneous or storage water heaters, non-electric, other than gasses contracted remarkably to $4.5K in 2022. In general, exports, however, faced a sharp shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by 89% against the previous year. Over the period under review, the exports of hit record highs at $21K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| El Salvador | 11.9 | 2.6 | 5.0 | 2.8 | -38.3% |
| Honduras | N/A | N/A | 0.4 | 1.5 | 275.0% |
| Nicaragua | 2.8 | N/A | N/A | 0.1 | -67.1% |
| Spain | N/A | N/A | N/A | N/A | 0% |
| Peru | 5.5 | N/A | N/A | N/A | 0% |
| Vietnam | N/A | N/A | N/A | N/A | 0% |
| United States | 0.1 | N/A | N/A | N/A | 0% |
| Costa Rica | N/A | N/A | 0.1 | N/A | 0% |
| Cuba | 0.2 | N/A | N/A | N/A | 0% |
| Panama | 0.1 | N/A | N/A | N/A | 0% |
| Mexico | 0.1 | 0.1 | 0.1 | N/A | 0.0% |
| Colombia | N/A | N/A | N/A | N/A | 0% |
| Canada | N/A | N/A | N/A | N/A | 0% |
| Others | N/A | 0.1 | N/A | N/A | 0% |
| Total | 20.7 | 2.9 | 5.6 | 4.5 | -39.9% |
Top Export Markets for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas from Guatemala in 2022:
- El Salvador (5.0 units)
- Honduras (3.0 units)
- United States (1.0 units)
- Vietnam (1.0 units)
- Nicaragua (1.0 units)
- Spain (1.0 units)
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