Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Guatemala - 2022

Contents:

  1. Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Guatemala (CIF) - 2022
  2. Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Guatemala (FOB) - 2022
  3. Imports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Guatemala
  4. Exports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Guatemala

Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Guatemala (CIF) - 2022

In 2022, the average import price for tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) amounted to $122 per unit, shrinking by -5.9% against the previous year. In general, the import price showed a pronounced downturn. The growth pace was the most rapid in 2013 an increase of 20%. The import price peaked at $241 per unit in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($385 per unit), while the price for Mexico ($48 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+241.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Guatemala (FOB) - 2022

The average export price for tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) stood at $201 per unit in 2022, picking up by 106% against the previous year. Over the period under review, the export price, however, showed a mild shrinkage. Over the period under review, the average export prices reached the maximum at $249 per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Honduras ($210 per unit) and Canada ($210 per unit), while the average price for exports to Colombia ($158 per unit) and Costa Rica ($186 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 Canada (+35.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Guatemala

Imports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) into Guatemala contracted to 5.2K units in 2022, reducing by -14.1% compared with the previous year's figure. Overall, total imports indicated a moderate expansion from 2019 to 2022: its volume increased at an average annual rate of +4.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +51.5% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 76% against the previous year. As a result, imports reached the peak of 6.1K units, and then fell in the following year.

In value terms, imports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) declined markedly to $636K in 2022. In general, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 64%. As a result, imports reached the peak of $787K, and then declined dramatically in the following year.

Import of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China76.015431130158.2%
MalaysiaN/AN/A0.310434566.7%
United States36715420891.3-37.1%
Taiwan (Chinese)N/A26.515.547.033.2%
Mexico11132.812910.9-53.9%
Panama33.834.857.41.5-64.6%
Others55.977.464.980.412.9%
Total643480787636-0.4%

Top Suppliers of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) to Guatemala in 2022:

  1. China (3993.0 units)
  2. Taiwan (Chinese) (289.0 units)
  3. Malaysia (270.0 units)
  4. United States (237.0 units)
  5. Mexico (226.0 units)
  6. Panama (5.0 units)

Exports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Guatemala

In 2022, overseas shipments of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) were finally on the rise to reach 70 units for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, recorded a precipitous shrinkage. Over the period under review, the exports of tools; for working in hand, pneumatic, rotary type (including combined rotary-percussion) hit record highs at 982 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) skyrocketed to $14K in 2022. Over the period under review, exports, however, faced a significant decline. Over the period under review, the exports of tools; for working in hand, pneumatic, rotary type (including combined rotary-percussion) reached the peak figure at $224K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Honduras0.1N/AN/A8.2334.4%
El Salvador3.6N/A0.11.6-23.7%
United States2101.20.81.6-80.3%
Costa Rica3.20.10.20.9-34.5%
Belize0.2N/A0.10.426.0%
Nicaragua0.8N/A0.10.4-20.6%
Colombia0.1N/AN/A0.344.2%
Canada4.10.30.10.2-63.5%
Others1.1N/AN/A0.4-28.6%
Total2241.71.414.1-60.2%

Top Export Markets for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) from Guatemala in 2022:

  1. Honduras (39.0 units)
  2. El Salvador (8.0 units)
  3. United States (8.0 units)
  4. Costa Rica (5.0 units)
  5. Colombia (2.0 units)
  6. Belize (2.0 units)
  7. Nicaragua (2.0 units)
  8. Canada (1.0 units)

Source: IndexBox Market Intelligence Platform

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