Price for Textile Machinery; Spinning Machines in Guatemala - 2022
Contents:
- Price for Textile Machinery; Spinning Machines in Guatemala (CIF) - 2022
- Imports of Textile Machinery; Spinning Machines in Guatemala
Price for Textile Machinery; Spinning Machines in Guatemala (CIF) - 2022
The average textile machinery; spinning machines import price stood at $7,732 per unit in 2022, with an increase of 21% against the previous year. In general, the import price, however, saw a perceptible setback. The most prominent rate of growth was recorded in 2016 when the average import price increased by 48%. The import price peaked at $14,412 per unit in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($7,729 per unit), while the price for South Korea ($7,568 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+22.1%), while the prices for the other major suppliers experienced a decline.
Imports of Textile Machinery; Spinning Machines in Guatemala
In 2022, the amount of textile machinery; spinning machineses imported into Guatemala soared to 1.9K units, increasing by 385% on the year before. In general, imports showed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 551%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, textile machinery; spinning machines imports soared to $15M in 2022. Over the period under review, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Textile Machinery; Spinning Machines in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 772 | 71.2 | 67.7 | 12,127 | 150.4% |
| China | 129 | 0.7 | 116 | 1,891 | 144.7% |
| South Korea | 120 | 39.2 | 230 | 598 | 70.8% |
| Switzerland | 1,054 | 202 | 926 | N/A | -6.3% |
| Costa Rica | 344 | 66.9 | 313 | N/A | -4.6% |
| Czech Republic | N/A | N/A | 387 | N/A | 0% |
| Netherlands | 339 | 47.1 | 334 | N/A | -0.7% |
| Others | 300 | 30.3 | 165 | 261 | -4.5% |
| Total | 3,058 | 457 | 2,536 | 14,876 | 69.4% |
Top Suppliers of Textile Machinery; Spinning Machines to Guatemala in 2022:
- India (1569.0 units)
- China (246.0 units)
- South Korea (79.0 units)
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