Price for Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Guatemala - 2022

Contents:

  1. Price for Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Guatemala (CIF) - 2022
  2. Price for Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Guatemala (FOB) - 2022
  3. Imports of Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Guatemala
  4. Exports of Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Guatemala

Price for Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Guatemala (CIF) - 2022

The average import price for lamps; ultra-violet or infra-red lamps, (excluding arc-lamps)s stood at $16 per unit in 2022, shrinking by -21.3% against the previous year. In general, the import price recorded a deep setback. The growth pace was the most rapid in 2015 when the average import price increased by 83% against the previous year. Over the period under review, average import prices reached the peak figure at $28 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($107 per unit), while the price for China ($6 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Guatemala (FOB) - 2022

In 2022, the average export price for lamps; ultra-violet or infra-red lamps, (excluding arc-lamps)s amounted to $45 per unit, picking up by 49% against the previous year. In general, export price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Panama ($45 per unit) and Nicaragua ($45 per unit), while the average price for exports to Ecuador ($45 per unit) and Honduras ($45 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ecuador (+4.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Guatemala

In 2022, the amount of lamps; ultra-violet or infra-red lamps, (excluding arc-lamps)s imported into Guatemala soared to 63K units, growing by 43% on the year before. In general, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 129%. As a result, imports attained the peak of 81K units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of lamps; ultra-violet or infra-red lamps, (excluding arc-lamps)s reached $1M in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +7.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -27.6% against 2020 indices. The pace of growth was the most pronounced in 2020 when imports increased by 72%. As a result, imports attained the peak of $1.4M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States528821467304-16.8%
China47.227013419861.3%
Germany73.869.862.414826.1%
Taiwan (Chinese)3.63.442.084.7186.5%
Mexico22.321.518.573.048.5%
Japan0.20.911.661.9576.4%
Others1281971561321.0%
Total8021,3848911,0017.7%

Top Suppliers of Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) to Guatemala in 2022:

  1. China (32.8K units)
  2. Mexico (10.8K units)
  3. Germany (4.8K units)
  4. Japan (4.2K units)
  5. Taiwan (Chinese) (3.3K units)
  6. United States (2.8K units)

Exports of Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Guatemala

Exports of lamps; ultra-violet or infra-red lamps, (excluding arc-lamps)s from Guatemala reduced notably to 1K units in 2022, waning by -24% compared with the previous year. Over the period under review, exports showed a precipitous shrinkage. The smallest decline of -20.7% was in 2021. Over the period under review, the exports of attained the peak figure at 2.3K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of lamps; ultra-violet or infra-red lamps, (excluding arc-lamps)s totaled $45K in 2022. In general, exports showed a abrupt downturn. Over the period under review, the exports of reached the maximum at $77K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Nicaragua5.510.89.313.133.5%
El Salvador24.518.213.311.7-21.8%
Panama17.39.71.811.5-12.7%
Honduras9.27.611.46.5-10.9%
Ecuador2.24.52.12.31.5%
Dominican Republic9.3N/AN/AN/A0%
Belize3.50.20.1N/A-83.1%
Others5.87.12.00.3-62.7%
Total77.258.140.045.3-16.3%

Top Export Markets for Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) from Guatemala in 2022:

  1. Nicaragua (289.0 units)
  2. El Salvador (258.0 units)
  3. Panama (254.0 units)
  4. Honduras (144.0 units)
  5. Ecuador (52.0 units)

Source: IndexBox Market Intelligence Platform

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