Guatemala - Stainless Steel Sinks And Wash Basins - Market Analysis, Forecast, Size, Trends And Insights
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View PricingStainless Steel Sink Price in Guatemala - 2023
Contents:
- Stainless Steel Sink Price in Guatemala (CIF) - 2022
- Stainless Steel Sink Price in Guatemala (FOB) - 2022
- Stainless Steel Sink Imports in Guatemala
- Stainless Steel Sink Exports in Guatemala
Stainless Steel Sink Price in Guatemala (CIF) - 2022
In 2022, the average stainless steel sink import price amounted to $7.5 per unit, with an increase of 9% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 14% against the previous year. The import price peaked at $8 per unit in 2012; however, from 2013 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 Mexico ($9.6 per unit), while the price for Canada ($1.2 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+1.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Stainless Steel Sink Price in Guatemala (FOB) - 2022
In 2022, the average stainless steel sink export price amounted to $5.3 per unit, growing by 22% against the previous year. In general, the export price, however, saw a drastic downturn. The most prominent rate of growth was recorded in 2020 an increase of 24%. The export price peaked at $12 per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Nicaragua ($18 per unit), while the average price for exports to El Salvador ($1.6 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Panama (+5.0%), while the prices for the other major destinations experienced more modest paces of growth.
Stainless Steel Sink Imports in Guatemala
In 2022, after three years of growth, there was significant decline in purchases abroad of stainless steel sinks and wash basins, when their volume decreased by -6.9% to 436K units. In general, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +17.1% 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 +60.5% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 45%. As a result, imports attained the peak of 468K units, and then declined in the following year.
In value terms, stainless steel sink imports amounted to $3.3M in 2022. Overall, imports, however, saw a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 66%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.
Import of Stainless Steel Sink in Guatemala (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Mexico | 976 | 1,141 | 1,390 | 1,523 | 16.0% |
China | 246 | 370 | 1,079 | 1,108 | 65.1% |
Brazil | 140 | 124 | 181 | 270 | 24.5% |
United States | 287 | 166 | 310 | 177 | -14.9% |
Malaysia | N/A | N/A | 19.7 | 66.9 | 239.6% |
Canada | 0.5 | N/A | 0.4 | 10.5 | 175.9% |
Costa Rica | 138 | 55.9 | 70.0 | N/A | -28.8% |
Others | 66.5 | 97.8 | 186 | 129 | 24.7% |
Total | 1,854 | 1,954 | 3,237 | 3,285 | 21.0% |
Top Suppliers of Stainless Steel Sink to Guatemala in 2022:
- China (186.3K units)
- Mexico (158.6K units)
- Brazil (28.2K units)
- United States (23.6K units)
- Malaysia (11.5K units)
- Canada (8.5K units)
Stainless Steel Sink Exports in Guatemala
In 2022, approx. 55K units of stainless steel sinks and wash basins were exported from Guatemala; increasing by 53% on 2021. In general, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, stainless steel sink exports surged to $292K in 2022. Overall, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Stainless Steel Sink in Guatemala (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Costa Rica | 70.7 | 53.6 | 45.6 | 155 | 29.9% |
El Salvador | 35.0 | 60.8 | 36.3 | 64.3 | 22.5% |
Honduras | 23.5 | 14.1 | 49.8 | 52.5 | 30.7% |
Panama | 1.2 | 18.7 | N/A | 14.8 | 131.0% |
Nicaragua | N/A | 12.6 | 23.0 | 3.2 | -49.6% |
Others | 5.7 | 5.7 | 1.9 | 2.1 | -28.3% |
Total | 136 | 165 | 157 | 292 | 29.0% |
Top Export Markets for Stainless Steel Sink from Guatemala in 2022:
- El Salvador (39.0K units)
- Costa Rica (9.8K units)
- Honduras (4.4K units)
- Panama (1.0K units)
- Nicaragua (0.2K units)
This report provides an in-depth analysis of the stainless steel sink 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 25991110 - Stainless steel sinks and wash basins
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
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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
This report provides an in-depth analysis of the stainless steel sink market in Guatemala.
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This report provides an in-depth analysis of the global stainless steel sink market.
This report provides an in-depth analysis of the global metal bath market.
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This report provides an in-depth analysis of the stainless steel sink market in Guatemala.
This report provides an in-depth analysis of the metal bath market in Guatemala.
This report provides an in-depth analysis of the market for iron or steel sanitary ware in Guatemala.
This report provides an in-depth analysis of the global stainless steel sink market.
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