Radio Navigation Apparatus Price in Guatemala - 2022

Contents:

  1. Radio Navigation Apparatus Price in Guatemala (CIF) - 2022
  2. Radio Navigation Apparatus Price in Guatemala (FOB) - 2022
  3. Radio Navigation Apparatus Imports in Guatemala
  4. Radio Navigation Apparatus Exports in Guatemala

Radio Navigation Apparatus Price in Guatemala (CIF) - 2022

In 2022, the average radio navigation apparatus import price amounted to $140 per unit, reducing by -6.4% against the previous year. Overall, the import price continues to indicate a abrupt curtailment. The growth pace was the most rapid in 2021 when the average import price increased by 0.2% against the previous year. The import price peaked at $318 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 the United States ($1,560 per unit), while the price for Hong Kong SAR ($53 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+19.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Radio Navigation Apparatus Price in Guatemala (FOB) - 2022

In 2022, the average radio navigation apparatus export price amounted to $293 per unit, increasing by 29% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.7%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to El Salvador ($297 per unit) and Honduras ($295 per unit), while the average price for exports to Nicaragua ($263 per unit) and Costa Rica ($285 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 Honduras (+16.7%), while the prices for the other major destinations experienced more modest paces of growth.

Radio Navigation Apparatus Imports in Guatemala

In 2022, imports of radio navigational aid apparatus into Guatemala surged to 27K units, jumping by 44% compared with 2021. In general, imports saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 100%. As a result, imports attained the peak of 28K units. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, radio navigation apparatus imports soared to $3.7M in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +17.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -11.6% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 84% against the previous year. As a result, imports reached the peak of $4.2M. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Radio Navigation Apparatus in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States8087865811,35718.9%
China4295976031,35746.8%
Lithuania16511526336830.7%
Israel31.910413914565.7%
Taiwan (Chinese)1121111031459.0%
Hong Kong SAR35944431042.2-51.0%
Others3872,050770304-7.7%
Total2,2924,2072,7693,72017.5%

Top Suppliers of Radio Navigation Apparatus to Guatemala in 2022:

  1. China (15.1K units)
  2. Lithuania (0.9K units)
  3. United States (0.9K units)
  4. Hong Kong SAR (0.8K units)
  5. Israel (0.4K units)
  6. Taiwan (Chinese) (0.4K units)

Radio Navigation Apparatus Exports in Guatemala

In 2022, shipments abroad of radio navigational aid apparatus decreased by -27.4% to 825 units, falling for the second consecutive year after two years of growth. Overall, exports, however, recorded a buoyant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 311% against the previous year. As a result, the exports attained the peak of 2.5K units. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, radio navigation apparatus exports declined to $241K in 2022. Over the period under review, exports, however, showed a prominent expansion. The growth pace was the most rapid in 2020 with an increase of 287% against the previous year. As a result, the exports attained the peak of $598K. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Radio Navigation Apparatus in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
El Salvador66.113378.012423.3%
Honduras6.918.539.656.1101.1%
IsraelN/A2330.922.0-69.3%
United KingdomN/AN/AN/A20.00%
Costa Rica7.97.45.312.315.9%
Nicaragua24.96.04.64.2-44.7%
United States3.216684.20.3-54.6%
Colombia17.44.213.4N/A-12.2%
Others28.130.131.22.6-54.8%
Total15459825724116.1%

Top Export Markets for Radio Navigation Apparatus from Guatemala in 2022:

  1. El Salvador (417.0 units)
  2. Honduras (190.0 units)
  3. Israel (75.0 units)
  4. United Kingdom (69.0 units)
  5. Costa Rica (43.0 units)
  6. Nicaragua (16.0 units)
  7. United States (1.0 units)

Source: IndexBox Market Intelligence Platform

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