Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Guatemala - 2023
Contents:
- Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Guatemala (CIF) - 2022
- Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Guatemala (FOB) - 2022
- Imports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Guatemala
- Exports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Guatemala
Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Guatemala (CIF) - 2022
In 2022, the average import price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs amounted to $12,583 per unit, falling by -5.5% against the previous year. In general, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +6.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs increased by +85.6% against 2013 indices. The pace of growth appeared the most rapid in 2014 an increase of 22% against the previous year. Over the period under review, average import prices hit record highs at $13,312 per unit in 2021, and then contracted in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were South Korea ($12,647 per unit) and Indonesia ($12,592 per unit), while the price for Taiwan (Chinese) ($12,522 per unit) and Japan ($12,548 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+11.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Guatemala (FOB) - 2022
The average export price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs stood at $12,670 per unit in 2022, shrinking by -7.9% against the previous year. Overall, export price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 an increase of 25% against the previous year. The export price peaked at $13,755 per unit in 2021, and then dropped in the following year.
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 Belize ($13,267 per unit), while the average price for exports to Nicaragua ($873 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 Belize (+13.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Guatemala
In 2022, imports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs into Guatemala soared to 2.8K units, increasing by 30% on 2021 figures. In general, imports saw a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 113%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs skyrocketed to $35M in 2022. Overall, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 128%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.
| Import of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Guatemala (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 0.1 | 0.2 | 4.9 | 8.0 | 330.9% |
| China | 2.2 | 1.8 | 4.2 | 7.9 | 53.1% |
| India | 5.3 | 5.5 | 10.7 | 7.6 | 12.8% |
| Indonesia | 2.0 | 0.6 | 2.1 | 4.1 | 27.0% |
| United States | 5.4 | 3.1 | 4.5 | 3.7 | -11.8% |
| Japan | N/A | N/A | 0.4 | 1.3 | 225.0% |
| Taiwan (Chinese) | 0.2 | 0.2 | 0.5 | 1.2 | 81.7% |
| South Korea | 3.1 | 0.5 | 0.6 | 0.6 | -42.2% |
| Others | 1.2 | 0.6 | 0.7 | 1.0 | -5.9% |
| Total | 19.6 | 12.6 | 28.7 | 35.3 | 21.7% |
Top Suppliers of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc to Guatemala in 2022:
- Brazil (632.0 units)
- China (624.0 units)
- India (604.0 units)
- Indonesia (324.0 units)
- United States (295.0 units)
- Japan (106.0 units)
- Taiwan (Chinese) (94.0 units)
- South Korea (45.0 units)
Exports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Guatemala
In 2022, the amount of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs exported from Guatemala was estimated at 92 units, picking up by 4.5% on the previous year's figure. In general, exports, however, recorded a deep reduction. The pace of growth appeared the most rapid in 2021 when exports increased by 214% against the previous year. The exports peaked at 145 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs dropped to $1.2M in 2022. Overall, exports, however, showed a abrupt decrease. The growth pace was the most rapid in 2021 with an increase of 217%. The exports peaked at $1.8M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| El Salvador | 1,025 | 313 | 1,032 | 1,074 | 1.6% |
| Honduras | 199 | N/A | 47.7 | 49.6 | -37.1% |
| Belize | 1.9 | 8.4 | 99.0 | 39.8 | 175.7% |
| United States | 404 | N/A | N/A | 1.0 | -86.5% |
| Panama | 110 | 16.9 | 17.4 | N/A | -60.2% |
| Others | 27.6 | 43.6 | 14.8 | 0.9 | -68.1% |
| Total | 1,767 | 382 | 1,210 | 1,166 | -12.9% |
Top Export Markets for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc from Guatemala in 2022:
- El Salvador (83.0 units)
- Honduras (4.0 units)
- Belize (3.0 units)
- United States (1.0 units)
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