Guatemala - Screwdrivers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingScrewdriver Price in Guatemala - 2023
Contents:
- Screwdriver Price in Guatemala (CIF) - 2023
- Screwdriver Price in Guatemala (FOB) - 2022
- Screwdriver Imports in Guatemala
- Screwdriver Exports in Guatemala
Screwdriver Price in Guatemala (CIF) - 2023
The average screwdriver import price stood at $6,883 per ton in October 2023, with an increase of 6.9% against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in February 2023 when the average import price increased by 61% m-o-m. As a result, import price attained the peak level of $7,766 per ton. From March 2023 to October 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Taiwan (Chinese) ($19,681 per ton), while the price for Mexico ($3,732 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by the United States (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Screwdriver Price in Guatemala (FOB) - 2022
The average screwdriver export price stood at $6,058 per ton in 2022, reducing by -4.5% against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of 66% against the previous year. As a result, the export price attained the peak level of $7,458 per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Nicaragua ($10,272 per ton), while the average price for exports to Honduras ($5,609 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belize (+8.4%), while the prices for the other major destinations experienced more modest paces of growth.
Screwdriver Imports in Guatemala
Screwdriver imports into Guatemala reduced notably to 325 tons in 2022, declining by -16.1% against the previous year. The total import volume increased at an average annual rate of +4.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 38% against the previous year. As a result, imports reached the peak of 387 tons, and then declined dramatically in the following year.
In value terms, screwdriver imports reduced to $1.9M in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +7.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +38.8% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 49%. As a result, imports reached the peak of $2.1M, and then declined in the following year.
Import of Screwdriver in Guatemala (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 472 | 371 | 1,136 | 1,608 | 50.5% |
United States | 415 | 322 | 314 | 120 | -33.9% |
Taiwan (Chinese) | 4.1 | 2.7 | 25.8 | 82.0 | 171.4% |
Brazil | 61.0 | 48.5 | 49.1 | 50.4 | -6.2% |
Mexico | 384 | 461 | 382 | 27.0 | -58.7% |
El Salvador | 34.7 | 61.0 | 46.4 | 1.9 | -62.0% |
Panama | 92.0 | 65.5 | 76.8 | 1.0 | -77.8% |
Others | 88.0 | 71.1 | 64.1 | 56.3 | -13.8% |
Total | 1,550 | 1,402 | 2,094 | 1,946 | 7.9% |
Top Suppliers of Screwdriver to Guatemala in 2022:
- China (293.6 tons)
- United States (9.1 tons)
- Brazil (7.0 tons)
- Taiwan (Chinese) (6.3 tons)
- Mexico (4.5 tons)
- El Salvador (0.2 tons)
- Panama (0.2 tons)
Screwdriver Exports in Guatemala
For the fourth consecutive year, Guatemala recorded growth in shipments abroad of screwdrivers, which increased by 333% to 11 tons in 2022. Overall, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, screwdriver exports skyrocketed to $69K in 2022. In general, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Screwdriver in Guatemala (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Honduras | 1.2 | 7.9 | 7.8 | 37.7 | 215.5% |
El Salvador | 2.9 | 0.3 | 5.2 | 11.7 | 59.2% |
Nicaragua | 0.3 | 0.1 | N/A | 4.0 | 137.1% |
Costa Rica | 0.3 | 0.2 | 2.2 | 3.9 | 135.1% |
Venezuela | N/A | N/A | N/A | 3.7 | 0% |
Chile | N/A | N/A | N/A | 3.1 | 0% |
Dominican Republic | N/A | N/A | N/A | 1.4 | 0% |
Mexico | 1.6 | 0.1 | 0.1 | 1.0 | -14.5% |
Others | 2.6 | 0.7 | 1.4 | 2.2 | -5.4% |
Total | 8.9 | 9.2 | 16.6 | 68.6 | 97.5% |
Top Export Markets for Screwdriver from Guatemala in 2022:
- Honduras (6.7 tons)
- El Salvador (1.9 tons)
- Costa Rica (0.6 tons)
- Venezuela (0.5 tons)
- Nicaragua (0.4 tons)
- Chile (0.4 tons)
- Mexico (0.2 tons)
- Dominican Republic (0.2 tons)
This report provides an in-depth analysis of the screwdriver 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 25733063 - Screwdrivers
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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