Price for Machinery; Parts of Machinery of Heading No. 8422 in Guatemala - 2023
Contents:
- Price for Machinery; Parts of Machinery of Heading No. 8422 in Guatemala (CIF) - 2022
- Price for Machinery; Parts of Machinery of Heading No. 8422 in Guatemala (FOB) - 2022
- Imports of Machinery; Parts of Machinery of Heading No. 8422 in Guatemala
- Exports of Machinery; Parts of Machinery of Heading No. 8422 in Guatemala
Price for Machinery; Parts of Machinery of Heading No. 8422 in Guatemala (CIF) - 2022
The average import price for machinery; parts of machinery of heading no. 8422 stood at $57,261 per ton in 2022, shrinking by -33.3% against the previous year. Overall, the import price saw a noticeable decrease. The pace of growth appeared the most rapid in 2021 when the average import price increased by 31% against the previous year. Over the period under review, average import prices attained the maximum at $89,030 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($169,084 per ton), while the price for South Korea ($9,437 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Machinery; Parts of Machinery of Heading No. 8422 in Guatemala (FOB) - 2022
The average export price for machinery; parts of machinery of heading no. 8422 stood at $29,491 per ton in 2022, reducing by -13.5% against the previous year. In general, the export price, however, showed a modest increase. The pace of growth was the most pronounced in 2016 an increase of 107%. As a result, the export price reached the peak level of $77,549 per ton. From 2017 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($145,175 per ton), while the average price for exports to Honduras ($7,825 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 Costa Rica (+10.5%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Machinery; Parts of Machinery of Heading No. 8422 in Guatemala
For the fourth year in a row, Guatemala recorded growth in purchases abroad of machinery; parts of machinery of heading no. 8422, which increased by 93% to 407 tons in 2022. Overall, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of machinery; parts of machinery of heading no. 8422 soared to $23M in 2022. Over the period under review, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 38% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the near future.
| Import of Machinery; Parts of Machinery of Heading No. 8422 in Guatemala (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 3.5 | 4.5 | 6.4 | 5.8 | 18.3% |
| Germany | 1.2 | 1.1 | 2.3 | 4.2 | 51.8% |
| Italy | 1.2 | 1.3 | 2.5 | 3.2 | 38.7% |
| Indonesia | N/A | N/A | 0.3 | 1.8 | 500.0% |
| France | 0.9 | 0.5 | 0.8 | 1.1 | 6.9% |
| Spain | 0.5 | 0.5 | 0.5 | 1.1 | 30.1% |
| Mexico | 1.5 | 1.9 | 1.8 | 0.9 | -15.7% |
| China | 0.6 | 0.3 | 0.5 | 0.8 | 10.1% |
| Argentina | 0.6 | 1.4 | 1.2 | 0.5 | -5.9% |
| South Korea | N/A | N/A | 0.1 | 0.5 | 400.0% |
| Colombia | 0.6 | 0.2 | 0.1 | 0.4 | -12.6% |
| Panama | 0.3 | N/A | 0.3 | 0.3 | 0.0% |
| Others | 1.3 | 1.2 | 1.5 | 2.6 | 26.0% |
| Total | 12.3 | 13.2 | 18.1 | 23.3 | 23.7% |
Top Suppliers of Machinery; Parts of Machinery of Heading No. 8422 to Guatemala in 2022:
- Indonesia (166.8 tons)
- South Korea (49.9 tons)
- China (45.3 tons)
- United States (42.9 tons)
- Germany (24.6 tons)
- Italy (22.0 tons)
- Colombia (10.1 tons)
- Mexico (9.6 tons)
- Spain (4.9 tons)
- Panama (4.8 tons)
- Argentina (4.7 tons)
- France (2.9 tons)
Exports of Machinery; Parts of Machinery of Heading No. 8422 in Guatemala
In 2022, exports of machinery; parts of machinery of heading no. 8422 from Guatemala surged to 5.3 tons, rising by 88% on the year before. In general, exports recorded a buoyant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of machinery; parts of machinery of heading no. 8422 soared to $156K in 2022. Overall, exports recorded a measured expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Machinery; Parts of Machinery of Heading No. 8422 in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Nicaragua | 9.2 | 5.0 | 16.7 | 74.9 | 101.2% |
| Germany | N/A | N/A | N/A | 44.7 | 0% |
| El Salvador | 2.7 | 17.2 | 11.2 | 17.0 | 84.7% |
| Honduras | 13.6 | 0.7 | 1.1 | 9.0 | -12.9% |
| Costa Rica | 105 | 10.5 | 9.7 | 2.2 | -72.4% |
| United States | N/A | 12.9 | 49.1 | N/A | 280.6% |
| Others | 8.3 | 17.8 | 7.7 | 7.8 | -2.0% |
| Total | 139 | 64.1 | 95.6 | 156 | 3.9% |
Top Export Markets for Machinery; Parts of Machinery of Heading No. 8422 from Guatemala in 2022:
- Nicaragua (2595.0 kg)
- Honduras (1153.0 kg)
- El Salvador (1127.0 kg)
- Germany (308.0 kg)
- Costa Rica (56.0 kg)
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