Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Guatemala - 2023

Contents:

1. Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Guatemala (CIF) - 2022
2. Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Guatemala (FOB) - 2022
3. Imports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Guatemala
4. Exports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Guatemala

Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Guatemala (CIF) - 2022

In 2022, the average import price for machine-tools; parts and accessories, for the machines of heading no. 8464 amounted to $16,649 per ton, rising by 58% against the previous year. Overall, import price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 an increase of 99%. As a result, import price attained the peak level of $18,972 per ton. From 2019 to 2022, the average import prices failed to regain momentum.

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 Italy ($25,071 per ton), while the price for Mexico ($5,912 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Guatemala (FOB) - 2022

In 2022, the average export price for machine-tools; parts and accessories, for the machines of heading no. 8464 amounted to $22,318 per ton, falling by -49.1% against the previous year. Over the period under review, the export price, however, showed a resilient expansion. The most prominent rate of growth was recorded in 2020 when the average export price increased by 567% against the previous year. Over the period under review, the average export prices attained the peak figure at $49,498 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Panama ($85,667 per ton), while the average price for exports to Honduras ($4,714 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Panama (+2.0%), while the prices for the other major destinations experienced a decline.

Imports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Guatemala

In 2022, the amount of machine-tools; parts and accessories, for the machines of heading no. 8464 imported into Guatemala expanded markedly to 27 tons, picking up by 9% compared with the year before. In general, imports continue to indicate a prominent increase. The pace of growth appeared the most rapid in 2021 when imports increased by 91%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of machine-tools; parts and accessories, for the machines of heading no. 8464 surged to $456K in 2022. Overall, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 to Guatemala in 2022:

1. China (13.3 tons)
2. United States (6.2 tons)
3. Italy (5.6 tons)
4. Japan (1.6 tons)
5. Mexico (0.2 tons)
6. Germany (0.1 tons)
7. Spain (0.1 tons)

Exports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Guatemala

In 2022, exports of machine-tools; parts and accessories, for the machines of heading no. 8464 from Guatemala soared to 1.3 tons, picking up by 18% against the previous year. In general, exports, however, recorded a dramatic contraction. The pace of growth was the most pronounced in 2021 with an increase of 1,776% against the previous year.

In value terms, exports of machine-tools; parts and accessories, for the machines of heading no. 8464 reduced rapidly to $29K in 2022. Over the period under review, exports saw a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 2,255%. As a result, the exports reached the peak of $48K, and then declined rapidly in the following year.

Top Export Markets for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 from Guatemala in 2022:

1. Jamaica (603.0 kg)
2. El Salvador (406.0 kg)
3. Costa Rica (223.0 kg)
4. Panama (42.0 kg)
5. Honduras (7.0 kg)

Source: IndexBox Market Intelligence Platform