Price for Winches and Capstans; Not Powered by an Electric Motor in Guatemala - 2022

Contents:

  1. Price for Winches and Capstans; Not Powered by an Electric Motor in Guatemala (CIF) - 2022
  2. Price for Winches and Capstans; Not Powered by an Electric Motor in Guatemala (FOB) - 2022
  3. Imports of Winches and Capstans; Not Powered by an Electric Motor in Guatemala
  4. Exports of Winches and Capstans; Not Powered by an Electric Motor in Guatemala

Price for Winches and Capstans; Not Powered by an Electric Motor in Guatemala (CIF) - 2022

The average import price for winches and capstans; not powered by an electric motors stood at $800 per unit in 2022, surging by 33% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of 145%. The import price peaked at $961 per unit in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($5,232 per unit), while the price for Mexico ($150 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+21.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Winches and Capstans; Not Powered by an Electric Motor in Guatemala (FOB) - 2022

In 2022, the average export price for winches and capstans; not powered by an electric motors amounted to $514 per unit, picking up by 11% against the previous year. Over the period under review, the export price, however, saw a abrupt decrease. The most prominent rate of growth was recorded in 2015 an increase of 360%. The export price peaked at $1,053 per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for El Salvador.

From 2012 to 2022, the rate of growth in terms of prices for Belize amounted to +44.5% per year.

Imports of Winches and Capstans; Not Powered by an Electric Motor in Guatemala

For the fourth consecutive year, Guatemala recorded growth in overseas purchases of winches and capstans; not powered by an electric motors, which increased by 74% to 637 units in 2022. Overall, imports continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 123%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of winches and capstans; not powered by an electric motors soared to $509K in 2022. In general, imports saw a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 186%. Imports peaked in 2022 and are likely to see steady growth in the near future.

Import of Winches and Capstans; Not Powered by an Electric Motor in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain1.710.533.2278446.8%
United States41.818.764.412644.5%
Mexico0.48.118.662.1437.5%
China12.00.630.531.738.2%
France0.10.20.63.5227.1%
Costa Rica1.72.50.1N/A-75.7%
Denmark38.930.563.0N/A27.3%
Others4.36.19.98.425.0%
Total10177.122050971.4%

Top Suppliers of Winches and Capstans; Not Powered by an Electric Motor to Guatemala in 2022:

  1. Mexico (413.0 units)
  2. Spain (118.0 units)
  3. China (59.0 units)
  4. United States (24.0 units)
  5. France (10.0 units)

Exports of Winches and Capstans; Not Powered by an Electric Motor in Guatemala

In 2022, exports of winches and capstans; not powered by an electric motors from Guatemala shrank remarkably to 2 units, with a decrease of -88.2% against the year before. Over the period under review, exports continue to indicate a significant curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 89% against the previous year. As a result, the exports attained the peak of 17 units, and then declined significantly in the following year.

In value terms, exports of winches and capstans; not powered by an electric motors fell significantly to $1K in 2022. In general, exports recorded a sharp decrease. The growth pace was the most rapid in 2021 with an increase of 391% against the previous year. As a result, the exports attained the peak of $7.9K, and then declined notably in the following year.

Export of Winches and Capstans; Not Powered by an Electric Motor in Guatemala (USD)
COUNTRY2019202020212022CAGR,
2019-2022
El Salvador19.039.02431,028278.2%
Spain3183224,106N/A259.3%
Nicaragua2.012.047.0N/A384.8%
United States32.0138317N/A214.7%
Costa Rica1347402,556N/A336.7%
Panama4,057N/AN/AN/A0%
Mexico2.09.020.0N/A216.2%
Honduras6.019.0436N/A752.4%
Belize13.063.0165N/A256.3%
Others1482668.0N/A-76.8%
Total4,7311,6087,8981,028-39.9%

Top Export Markets for Winches and Capstans; Not Powered by an Electric Motor from Guatemala in 2022:

  1. El Salvador (2.0 units)

Source: IndexBox Market Intelligence Platform

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