Guatemala - Grinding, Sanding Or Polishing Machines - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Grinding, Sanding and Polishing Machine in Guatemala - 2022
Contents:
- Price for Grinding, Sanding and Polishing Machine in Guatemala (CIF) - 2022
- Price for Grinding, Sanding and Polishing Machine in Guatemala (FOB) - 2022
- Imports of Grinding, Sanding and Polishing Machine in Guatemala
- Exports of Grinding, Sanding and Polishing Machine in Guatemala
Price for Grinding, Sanding and Polishing Machine in Guatemala (CIF) - 2022
In 2022, the average import price for grinding, sanding and polishing machines amounted to $1,696 per unit, with an increase of 15% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 21% against the previous year. The import price peaked at $2,175 per unit in 2015; however, from 2016 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 Hungary ($15,355 per unit), while the price for Spain ($411 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.7%), while the prices for the other major suppliers experienced a decline.
Price for Grinding, Sanding and Polishing Machine in Guatemala (FOB) - 2022
The average export price for grinding, sanding and polishing machines stood at $1,406 per unit in 2022, declining by -16.8% against the previous year. Over the period under review, the export price continues to indicate a noticeable contraction. The pace of growth was the most pronounced in 2017 when the average export price increased by 212%. Over the period under review, the average export prices hit record highs at $1,806 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Honduras ($2,861 per unit), while the average price for exports to Ecuador ($420 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 Colombia (+61.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Grinding, Sanding and Polishing Machine in Guatemala
In 2022, imports of grinding, sanding and polishing machines into Guatemala reached 674 units, surging by 2.6% compared with the previous year's figure. In general, imports continue to indicate a significant increase. The growth pace was the most rapid in 2021 with an increase of 168% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in years to come.
In value terms, grinding, sanding and polishing machine imports skyrocketed to $1.1M in 2022. Overall, imports showed a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 153% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Grinding, Sanding and Polishing Machine in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 93.9 | 70.4 | 512 | 576 | 83.1% |
| Hungary | N/A | N/A | N/A | 276 | 0% |
| Mexico | 60.4 | 61.9 | 82.9 | 125 | 27.4% |
| United States | 225 | 200 | 232 | 94.2 | -25.2% |
| Italy | 61.5 | N/A | 40.4 | 22.9 | -28.1% |
| Others | 22.0 | 50.5 | 100 | 48.9 | 30.5% |
| Total | 463 | 383 | 967 | 1,143 | 35.2% |
Top Suppliers of Grinding, Sanding and Polishing Machine to Guatemala in 2022:
- China (357.0 units)
- Mexico (169.0 units)
- United States (97.0 units)
- Hungary (18.0 units)
- Italy (9.0 units)
Exports of Grinding, Sanding and Polishing Machine in Guatemala
For the fourth consecutive year, Guatemala recorded growth in shipments abroad of grinding, sanding and polishing machines, which increased by 66% to 53 units in 2022. In general, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, grinding, sanding and polishing machine exports soared to $75K in 2022. Overall, exports posted significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 76%. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in years to come.
| Export of Grinding, Sanding and Polishing Machine in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 2.3 | N/A | 0.6 | 24.5 | 120.0% |
| Costa Rica | N/A | 12.7 | 12.8 | 22.6 | 33.4% |
| El Salvador | N/A | 3.1 | 32.9 | 20.4 | 156.5% |
| Honduras | 0.1 | 13.5 | 6.3 | 2.9 | 207.2% |
| Venezuela | N/A | N/A | N/A | 2.3 | 0% |
| Nicaragua | N/A | 0.7 | 0.8 | 0.9 | 13.4% |
| Belize | N/A | N/A | 0.4 | 0.5 | 25.0% |
| Ecuador | N/A | N/A | N/A | 0.4 | 0% |
| Colombia | 19.9 | 0.6 | N/A | N/A | -97.0% |
| Others | 1.2 | 0.1 | 0.3 | N/A | -50.0% |
| Total | 23.4 | 30.7 | 54.1 | 74.5 | 47.1% |
Top Export Markets for Grinding, Sanding and Polishing Machine from Guatemala in 2022:
- Costa Rica (18.0 units)
- El Salvador (15.0 units)
- Mexico (13.0 units)
- Venezuela (2.0 units)
- Honduras (1.0 units)
- Nicaragua (1.0 units)
- Belize (1.0 units)
- Ecuador (1.0 units)
This report provides an in-depth analysis of the market for grinding, sanding and polishing machine 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 28491263 - Grinding, sanding or polishing machines for working wood, c ork, bone, hard rubber, hard plastics or similar hard materials
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
-
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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