Price for Vehicles; Mobile Drilling Derricks in Guatemala - 2023

Contents:

  1. Price for Vehicles; Mobile Drilling Derricks in Guatemala (CIF) - 2022
  2. Imports of Vehicles; Mobile Drilling Derricks in Guatemala

Price for Vehicles; Mobile Drilling Derricks in Guatemala (CIF) - 2022

The average vehicles; mobile drilling derricks import price stood at $52,411 per unit in 2022, rising by 43% against the previous year. Overall, the import price, however, recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2016 an increase of 209%. The import price peaked at $135,398 per unit in 2012; however, from 2013 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 the United States ($64,552 per unit), while the price for Canada amounted to $15,990 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nicaragua (-2.8%), while the prices for the other major suppliers experienced a decline.

Imports of Vehicles; Mobile Drilling Derricks in Guatemala

In 2022, overseas purchases of vehicles; mobile drilling derrickses decreased by 0% to 8 units, falling for the second year in a row after two years of growth. Overall, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +10.1% 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 decreased by -27.3% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 83%. As a result, imports attained the peak of 11 units. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, vehicles; mobile drilling derricks imports soared to $419K in 2022. In general, imports recorded a significant increase. The growth pace was the most rapid in 2020 with an increase of 156%. As a result, imports reached the peak of $560K. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Vehicles; Mobile Drilling Derricks in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States20052119638724.6%
CanadaN/AN/AN/A32.00%
NicaraguaN/A38.953.9N/A38.6%
El SalvadorN/AN/A18.9N/A0%
Mexico18.4N/A19.7N/A3.5%
HondurasN/AN/A5.3N/A0%
OthersN/AN/AN/AN/A0%
Total21956029441924.1%

Top Suppliers of Vehicles; Mobile Drilling Derricks to Guatemala in 2022:

  1. United States (6.0 units)
  2. Canada (2.0 units)

Source: IndexBox Market Intelligence Platform

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