Price for Parts of Harvester and Threshers in Guatemala - 2023

Contents:

  1. Price for Parts of Harvester and Threshers in Guatemala (CIF) - 2023
  2. Price for Parts of Harvester and Threshers in Guatemala (FOB) - 2022
  3. Imports of Parts of Harvester and Threshers in Guatemala
  4. Exports of Parts of Harvester and Threshers in Guatemala

Price for Parts of Harvester and Threshers in Guatemala (CIF) - 2023

The average import price for parts of harvester and threshers stood at $17.8 per unit in December 2023, jumping by 142% against the previous month. Overall, the import price enjoyed a perceptible expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Italy ($78.1 per unit), while the price for Brazil ($9.2 per unit) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Italy (+15.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Parts of Harvester and Threshers in Guatemala (FOB) - 2022

In 2022, the average export price for parts of harvester and threshers amounted to $25 per unit, with an increase of 156% against the previous year. Over the period under review, the export price recorded strong growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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 the United States ($49 per unit), while the average price for exports to Nicaragua ($4.5 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 the United States (+10.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Parts of Harvester and Threshers in Guatemala

In 2022, approx. 530K units of parts of harvester and threshers were imported into Guatemala; picking up by 30% against the previous year's figure. In general, imports recorded a significant increase. The growth pace was the most rapid in 2021 when imports increased by 45%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, parts of harvester and threshers imports surged to $3.9M in 2022. Over the period under review, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Parts of Harvester and Threshers in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil6457071,3802,32153.2%
United States887653653379-24.7%
China15.840.6109246149.7%
Italy7.63.117.0157174.4%
Colombia9.645.372.0134140.8%
IndiaN/AN/A13.590.2568.1%
Mexico13.218611.052.658.5%
El Salvador12695.311.7N/A-69.5%
Others22919230947927.9%
Total1,9341,9212,5763,85925.9%

Top Suppliers of Parts of Harvester and Threshers to Guatemala in 2022:

  1. Brazil (344.9K units)
  2. China (59.3K units)
  3. Colombia (38.1K units)
  4. India (26.9K units)
  5. United States (25.8K units)
  6. Italy (17.8K units)
  7. Mexico (2.4K units)

Exports of Parts of Harvester and Threshers in Guatemala

In 2022, approx. 37K units of parts of harvester and threshers were exported from Guatemala; rising by 87% on the previous year. In general, exports saw a buoyant increase. The pace of growth was the most pronounced in 2021 when exports increased by 96%. The exports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, parts of harvester and threshers exports surged to $937K in 2022. Over the period under review, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Parts of Harvester and Threshers in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/A0.2N/A6995811.9%
Belize1.5N/A100112321.1%
El Salvador38.713.445.969.821.7%
Honduras1.131.228.119.1158.9%
Nicaragua52.115.717.213.0-37.0%
Costa Rica2.813.80.28.846.5%
PanamaN/AN/A1.48.5507.1%
Others3.8N/A3.07.324.3%
Total10074.2196937110.8%

Top Export Markets for Parts of Harvester and Threshers from Guatemala in 2022:

  1. United States (14.3K units)
  2. Belize (8.6K units)
  3. El Salvador (5.2K units)
  4. Nicaragua (2.9K units)
  5. Honduras (2.4K units)
  6. Panama (1.7K units)
  7. Costa Rica (1.5K units)

Source: IndexBox Market Intelligence Platform

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Free Data: Harvesting machinery; parts, including parts of threshing machinery, straw or fodder balers and grass or hay mowers - Guatemala