Tungsten Halogen Lamp Price in Guatemala - 2023

Contents:

1. Tungsten Halogen Lamp Price in Guatemala (CIF) - 2022
2. Tungsten Halogen Lamp Price in Guatemala (FOB) - 2022
3. Tungsten Halogen Lamp Imports in Guatemala
4. Tungsten Halogen Lamp Exports in Guatemala

Tungsten Halogen Lamp Price in Guatemala (CIF) - 2022

The average tungsten halogen lamp import price stood at $1.7 per unit in 2022, growing by 7.3% against the previous year. Overall, import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, tungsten halogen lamp import price increased by +76.0% against 2018 indices. The pace of growth appeared the most rapid in 2020 when the average import price increased by 27% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in years to come.

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 Germany ($4.8 per unit), while the price for Panama ($1.3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+13.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Tungsten Halogen Lamp Price in Guatemala (FOB) - 2022

In 2022, the average tungsten halogen lamp export price amounted to $1.6 per unit, dropping by -4.3% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 82%. The export price peaked at $1.7 per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Costa Rica ($1.6 per unit) and Nicaragua ($1.6 per unit), while the average price for exports to El Salvador ($1.6 per unit) and Honduras ($1.6 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Panama (+0.9%), while the prices for the other major destinations experienced more modest paces of growth.

Tungsten Halogen Lamp Imports in Guatemala

In 2022, approx. 1.2M units of tungsten halogen lamps were imported into Guatemala; waning by -10.5% compared with the year before. In general, imports recorded a deep setback. The most prominent rate of growth was recorded in 2021 when imports increased by 24% against the previous year. Over the period under review, imports hit record highs at 1.4M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, tungsten halogen lamp imports shrank modestly to $2M in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +9.8% 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 +40.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 46% against the previous year. As a result, imports reached the peak of $2.1M, and then shrank modestly in the following year.

Top Suppliers of Tungsten Halogen Lamp to Guatemala in 2022:

1. China (845.4K units)
2. Germany (106.2K units)
3. Japan (83.1K units)
4. United States (34.2K units)
5. South Korea (30.6K units)
6. Mexico (26.0K units)
7. Taiwan (Chinese) (2.1K units)

Tungsten Halogen Lamp Exports in Guatemala

In 2022, after two years of decline, there was significant growth in overseas shipments of tungsten halogen lamps, when their volume increased by 509% to 10K units. In general, exports, however, showed a deep reduction. Over the period under review, the exports hit record highs at 20K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, tungsten halogen lamp exports skyrocketed to $16K in 2022. Over the period under review, exports, however, faced a deep slump. The exports peaked at $29K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Top Export Markets for Tungsten Halogen Lamp from Guatemala in 2022:

1. Honduras (8.5K units)
2. El Salvador (0.7K units)
3. Costa Rica (0.5K units)
4. Nicaragua (0.4K units)

Source: IndexBox Market Intelligence Platform