Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Guatemala - 2022

Contents:

1. Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Guatemala (CIF) - 2022
2. Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Guatemala (FOB) - 2022
3. Imports of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Guatemala
4. Exports of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Guatemala

Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Guatemala (CIF) - 2022

In 2022, the average import price for machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses amounted to $1,454 per unit, surging by 17% against the previous year. In general, the import price, however, saw a slight shrinkage. The pace of growth was the most pronounced in 2016 an increase of 30%. Over the period under review, average import prices attained the maximum at $1,691 per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($1,885 per unit), while the price for the United States ($39 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+21.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Guatemala (FOB) - 2022

In 2021, the average export price for machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses amounted to $2,128 per unit, standing approx. at the previous year. Over the period under review, the export price showed resilient growth. The most prominent rate of growth was recorded in 2016 a decrease of -50.6%. Over the period under review, the average export prices reached the peak figure in 2021 and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Honduras ($3,634 per unit), while the average price for exports to El Salvador amounted to $622 per unit.

From 2013 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to El Salvador (-3.1%).

Imports of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Guatemala

In 2022, imports of machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses into Guatemala reduced markedly to 33 units, declining by -78.4% on the previous year's figure. Overall, imports showed a abrupt downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 273% against the previous year. As a result, imports attained the peak of 153 units, and then dropped notably in the following year.

In value terms, imports of machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses reduced rapidly to $48K in 2022. Over the period under review, imports showed a pronounced decrease. The pace of growth appeared the most rapid in 2021 when imports increased by 236%. As a result, imports reached the peak of $190K, and then shrank notably in the following year.

Top Suppliers of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices to Guatemala in 2022:

1. Canada (15.0 units)
2. Spain (7.0 units)
3. Italy (6.0 units)
4. China (3.0 units)
5. Mexico (1.0 units)
6. United States (1.0 units)

Exports of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Guatemala

In 2021, exports of machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses from Guatemala was estimated at 2 units, remaining constant against 2020 figures. Over the period under review, exports continue to indicate significant growth. The smallest decline of 99.9% was in 2020. The exports peaked in 2021 and are likely to see gradual growth in years to come.

In value terms, exports of machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses totaled $4.3K in 2021. Overall, exports showed a significant expansion. The smallest decline of 99.9% was in 2020. The exports peaked in 2021 and are likely to see gradual growth in the near future.

Top Export Markets for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices from Guatemala in 2022:

1. El Salvador (1.0 units)
2. Honduras (1.0 units)

Source: IndexBox Market Intelligence Platform