Guatemala - Safety Or Relief Valves For Pipes, Boiler Shells, Tanks And Vats - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSafety Valve Price in Guatemala - 2023
Contents:
- Safety Valve Price in Guatemala (CIF) - 2023
- Safety Valve Price in Guatemala (FOB) - 2022
- Safety Valve Imports in Guatemala
- Safety Valve Exports in Guatemala
Safety Valve Price in Guatemala (CIF) - 2023
In June 2023, the average safety valve import price amounted to $10,112 per ton, reducing by -46.1% against the previous month. Over the period under review, the import price recorded a slight descent. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 94% against the previous month. Over the period under review, average import prices hit record highs at $18,772 per ton in May 2023, and then declined significantly in the following month.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was the United States ($46,531 per ton), while the price for El Salvador ($5,091 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the United States (+5.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Safety Valve Price in Guatemala (FOB) - 2022
The average safety valve export price stood at $21,871 per ton in 2022, surging by 6.2% against the previous year. In general, the export price saw a tangible expansion. The pace of growth appeared the most rapid in 2018 an increase of 144% against the previous year. The export price peaked in 2022 and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was El Salvador ($29,651 per ton), while the average price for exports to Ecuador ($8,032 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 Honduras (+5.8%), while the prices for the other major destinations experienced more modest paces of growth.
Safety Valve Imports in Guatemala
In 2022, safety valve imports into Guatemala rose remarkably to 580 tons, with an increase of 14% on 2021 figures. In general, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +9.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 40%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, safety valve imports rose significantly to $7.2M in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +9.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.5% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 41% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.
| Import of Safety Valve in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,025 | 914 | 1,616 | 2,600 | 36.4% |
| United States | 2,384 | 1,750 | 2,111 | 1,843 | -8.2% |
| Mexico | 973 | 635 | 984 | 1,056 | 2.8% |
| Peru | 145 | 142 | 76.6 | 59.3 | -25.8% |
| El Salvador | 80.1 | 92.3 | 86.1 | 0.2 | -86.4% |
| Others | 964 | 906 | 1,402 | 1,652 | 19.7% |
| Total | 5,571 | 4,439 | 6,276 | 7,212 | 9.0% |
Top Suppliers of Safety Valve to Guatemala in 2022:
- El Salvador (undefined tons)
- China (361.3 tons)
- Mexico (72.8 tons)
- United States (67.1 tons)
- Peru (13.3 tons)
Safety Valve Exports in Guatemala
In 2022, overseas shipments of safety or relief valves for pipes, boiler shells, tanks and vats increased by 12% to 8.6 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, saw a dramatic decrease.
In value terms, safety valve exports surged to $188K in 2022. Over the period under review, exports, however, faced a dramatic downturn.
| Export of Safety Valve in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 5.6 | 1.2 | 1.8 | 53.0 | 111.5% |
| Honduras | 22.2 | 7.8 | 24.8 | 48.1 | 29.4% |
| El Salvador | 32.6 | 85.8 | 56.3 | 32.5 | -0.1% |
| Panama | 11.4 | 16.3 | 31.1 | 18.7 | 17.9% |
| Nicaragua | 106 | 58.1 | 12.9 | 8.9 | -56.2% |
| Costa Rica | 12.9 | 6.2 | 11.3 | 7.1 | -18.0% |
| Mexico | 148 | 3.0 | 9.7 | 2.1 | -75.8% |
| Ecuador | 0.1 | 0.1 | 0.1 | 2.0 | 171.4% |
| Belize | 27.9 | 4.3 | 3.9 | N/A | -62.6% |
| Canada | N/A | 20.8 | N/A | N/A | 0% |
| Others | 11.2 | 0.6 | 6.0 | 15.4 | 11.2% |
| Total | 378 | 204 | 158 | 188 | -20.8% |
Top Export Markets for Safety Valve from Guatemala in 2022:
- Honduras (2359.0 kg)
- United States (2320.0 kg)
- El Salvador (1096.0 kg)
- Panama (1042.0 kg)
- Nicaragua (899.0 kg)
- Costa Rica (433.0 kg)
- Ecuador (251.0 kg)
- Mexico (34.0 kg)
This report provides an in-depth analysis of the safety valve 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 28141180 - Safety or relief valves for pipes, boiler shells, tanks, vats and the like
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
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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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