Guatemala - Coal Or Rock Cutters And Tunnelling Machinery - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Guatemala - Coal Or Rock Cutters And Tunnelling Machinery - Market Analysis, Forecast, Size, Trends And Insights

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Rock Cutter Price in Guatemala - 2023

Contents:

  1. Rock Cutter Price in Guatemala (CIF) - 2022
  2. Rock Cutter Price in Guatemala (FOB) - 2022
  3. Rock Cutter Imports in Guatemala
  4. Rock Cutter Exports in Guatemala

Rock Cutter Price in Guatemala (CIF) - 2022

In 2022, the average rock cutter import price amounted to $24,376 per unit, shrinking by -21.8% against the previous year. In general, the import price showed a perceptible downturn. The pace of growth appeared the most rapid in 2018 an increase of 365%. Over the period under review, average import prices reached the peak figure at $128,804 per unit in 2013; however, from 2014 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 ($32,972 per unit), while the price for Honduras ($21 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Panama (+11,289.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Rock Cutter Price in Guatemala (FOB) - 2022

In 2022, the average rock cutter export price amounted to $378 per unit, falling by -99.5% against the previous year. In general, the export price recorded a sharp reduction. The most prominent rate of growth was recorded in 2019 when the average export price increased by 1,227,930% against the previous year. As a result, the export price reached the peak level of $245,606 per unit. From 2020 to 2022, the average export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Honduras amounted to -23.9% per year.

Rock Cutter Imports in Guatemala

In 2022, imports of coal or rock cutters and tunnelling machinery into Guatemala skyrocketed to 4 units, surging by 33% on 2021. In general, imports posted a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 200% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, rock cutter imports amounted to $98K in 2022. Over the period under review, imports posted significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 338%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in years to come.

Import of Rock Cutter in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States10.721.444.465.983.3%
ChinaN/AN/A46.231.5-31.8%
Costa RicaN/AN/A3.0N/A0%
El Salvador12.7N/AN/AN/A0%
HondurasN/AN/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total23.321.493.597.561.1%

Top Suppliers of Rock Cutter to Guatemala in 2022:

  1. United States (2.0 units)
  2. China (1.0 units)
  3. Honduras (1.0 units)

Rock Cutter Exports in Guatemala

In 2022, approx. 1 units of coal or rock cutters and tunnelling machinery were exported from Guatemala; approximately mirroring 2021 figures. In general, exports recorded a relatively flat trend pattern. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, rock cutter exports dropped rapidly to $378 in 2022. Over the period under review, exports faced a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 943% against the previous year. The exports peaked at $246K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Rock Cutter in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
HondurasN/AN/AN/A0.40%
SpainN/A6.7N/AN/A0%
United States246N/AN/AN/A0%
FranceN/AN/A70.0N/A0%
OthersN/AN/AN/AN/A0%
Total2466.770.00.4-88.2%

Top Export Markets for Rock Cutter from Guatemala in 2022:

  1. Honduras (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the rock cutter market in Guatemala. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 28921235 - Coal or rock cutters and tunnelling machinery (excluding selfpropelled)

Country coverage:

  • Guatemala

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Guatemala
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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