Guatemala - Magnetic Media, not Recorded, Except Cards With A Magnetic Stripe - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGuatemala: Magnetic Media Market 2024
Magnetic Media Market Size in Guatemala
The Guatemalan magnetic media market rose slightly to $X in 2023, with an increase of X% against the previous year. In general, consumption, however, showed a abrupt decline. Magnetic media consumption peaked at $X in 2013; however, from 2014 to 2023, consumption remained at a lower figure.
Magnetic Media Production in Guatemala
In value terms, magnetic media production amounted to $X in 2023 estimated in export price. Over the period under review, production showed a deep contraction. The most prominent rate of growth was recorded in 2020 when the production volume increased by X%. Magnetic media production peaked at $X in 2012; however, from 2013 to 2023, production failed to regain momentum.
Magnetic Media Exports
Exports from Guatemala
In 2023, overseas shipments of magnetic media, not recorded, except cards with a magnetic stripe decreased by X% to X units for the first time since 2020, thus ending a two-year rising trend. Overall, exports showed a precipitous contraction. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. The exports peaked at X units in 2018; however, from 2019 to 2023, the exports failed to regain momentum.
In value terms, magnetic media exports dropped rapidly to $X in 2023. In general, exports faced a precipitous curtailment. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2018; however, from 2019 to 2023, the exports stood at a somewhat lower figure.
Exports by Country
The Dominican Republic (X units) was the main destination for magnetic media exports from Guatemala, with a X% share of total exports. Moreover, magnetic media exports to the Dominican Republic exceeded the volume sent to the second major destination, Panama (X units), tenfold. El Salvador (X units) ranked third in terms of total exports with a X% share.
From 2012 to 2023, the average annual growth rate of volume to the Dominican Republic totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Panama (X% per year) and El Salvador (X% per year).
In value terms, the Dominican Republic ($X) emerged as the key foreign market for magnetic media, not recorded, except cards with a magnetic stripe exports from Guatemala, comprising X% of total exports. The second position in the ranking was held by Panama ($X), with a X% share of total exports. It was followed by El Salvador, with a X% share.
From 2012 to 2023, the average annual growth rate of value to the Dominican Republic amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Panama (X% per year) and El Salvador (X% per year).
Export Prices by Country
In 2023, the average magnetic media export price amounted to $X per unit, growing by X% against the previous year. In general, export price indicated a tangible increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when the average export price increased by X% against the previous year. The export price peaked in 2023 and is expected to retain growth in the near future.
Average prices varied noticeably for the major overseas markets. In 2023, amid the top suppliers, the highest price was recorded for prices to El Salvador ($X per unit) and Panama ($X per unit), while the average price for exports to the United States ($X per unit) and the Dominican Republic ($X per unit) were amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Dominican Republic (X%), while the prices for the other major destinations experienced more modest paces of growth.
Magnetic Media Imports
Imports into Guatemala
For the third consecutive year, Guatemala recorded growth in supplies from abroad of magnetic media, not recorded, except cards with a magnetic stripe, which increased by X% to X units in 2023. Over the period under review, imports, however, recorded a perceptible downturn. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Imports peaked at X units in 2012; however, from 2013 to 2023, imports remained at a lower figure.
In value terms, magnetic media imports skyrocketed to $X in 2023. Overall, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. Imports peaked in 2023 and are likely to see steady growth in years to come.
Imports by Country
The United States (X units), China (X units) and Thailand (X units) were the main suppliers of magnetic media imports to Guatemala, with a combined X% share of total imports.
From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.
In value terms, the United States ($X), China ($X) and Thailand ($X) were the largest magnetic media suppliers to Guatemala, together accounting for X% of total imports.
China, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2023, the average magnetic media import price amounted to $X per unit, picking up by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2018 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the maximum in 2023 and is expected to retain growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2023, amid the top importers, the countries with the highest prices were Germany ($X per unit) and the United States ($X per unit), while the price for Israel ($X per unit) and Spain ($X per unit) were amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Spain (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the magnetic media 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 26801100 - Magnetic tapes and magnetic discs, unrecorded, for the recording of sound or of other phenomena
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
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