Report Update Apr 1, 2024

Guatemala - Thermoforming Machines for Working Rubber or Plastics - Market Analysis, Forecast, Size, Trends and Insights

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Guatemala: Thermoforming Machine Market 2024

Thermoforming Machine Market Size in Guatemala

The Guatemalan thermoforming machine market reached $X in 2022, approximately reflecting the previous year. Over the period under review, consumption, however, showed a temperate expansion. Over the period under review, the market attained the maximum level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Thermoforming Machine Production in Guatemala

In value terms, thermoforming machine production amounted to $X in 2022 estimated in export price. Over the period under review, production, however, posted a perceptible expansion. The pace of growth appeared the most rapid in 2018 when the production volume increased by X%. Thermoforming machine production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Thermoforming Machine Exports

Exports from Guatemala

In 2022, shipments abroad of thermoforming machines for working rubber or plastics increased by X% to X units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, thermoforming machine exports soared to $X in 2022. In general, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Mexico (X units) was the main destination for thermoforming machine exports from Guatemala, with a X% share of total exports. It was followed by El Salvador (X units), with a X% share of total exports.

From 2015 to 2022, the average annual growth rate of volume to Mexico amounted to X%.

In value terms, Mexico ($X) remains the key foreign market for thermoforming machines for working rubber or plastics exports from Guatemala, comprising X% of total exports. The second position in the ranking was taken by El Salvador ($X), with a X% share of total exports.

From 2015 to 2022, the average annual growth rate of value to Mexico amounted to X%.

Export Prices by Country

In 2022, the average thermoforming machine export price amounted to $X per unit, rising by X% against the previous year. Over the period under review, the export price recorded a buoyant increase. Over the period under review, the average export prices hit record highs at $X per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat 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 El Salvador ($X per unit), while the average price for exports to Mexico stood at $X per unit.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to El Salvador (X%).

Thermoforming Machine Imports

Imports into Guatemala

In 2022, overseas purchases of thermoforming machines for working rubber or plastics decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of X%. Imports peaked at X units in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, thermoforming machine imports soared to $X in 2022. In general, imports, however, enjoyed a moderate expansion. The pace of growth was the most pronounced in 2015 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2016 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Thailand (X units), China (X units) and Germany (X units) were the main suppliers of thermoforming machine imports to Guatemala, with a combined X% share of total imports. Mexico, Taiwan (Chinese), Vietnam, the United States and Brazil lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Mexico (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest thermoforming machine suppliers to Guatemala were Thailand ($X), Germany ($X) and China ($X), together comprising X% of total imports. Mexico, Taiwan (Chinese), Brazil, the United States and Vietnam lagged somewhat behind, together comprising a further X%.

Brazil, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average thermoforming machine import price amounted to $X per unit, increasing by X% against the previous year. In general, the import price recorded a temperate increase. The most prominent rate of growth was recorded in 2015 when the average import price increased by X% against the previous year. The import price peaked at $X per unit in 2017; however, from 2018 to 2022, import prices remained at a 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 Germany ($X per unit), while the price for Vietnam ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for thermoforming machines for working rubber or plastics in the world?

The countries with the highest volumes of consumption in 2023 were China, the United States and India, together accounting for 45% of global consumption. Japan, Greece, Brazil, the UK, Mexico, South Korea, Democratic Republic of the Congo, France, Thailand and Canada lagged somewhat behind, together comprising a further 31%.

What are the largest producers of thermoforming machines for working rubber or plastics in the world?

The countries with the highest volumes of production in 2022 were China, the United States and India, with a combined 45% share of global production. Japan, Greece, Brazil, the UK, Mexico, South Korea, Democratic Republic of the Congo, France, Thailand and Canada lagged somewhat behind, together accounting for a further 31%.

What are the leading suppliers of thermoforming machines for working rubber or plastics to Guatemala?

In value terms, Thailand, Germany and China appeared to be the largest thermoforming machine suppliers to Guatemala, together accounting for 89% of total imports. Mexico, Taiwan Chinese), Brazil, the United States and Vietnam lagged somewhat behind, together accounting for a further 11%.

What are the leading importers of thermoforming machines for working rubber or plastics from Guatemala?

In value terms, Mexico remains the key foreign market for thermoforming machines for working rubber or plastics exports from Guatemala, comprising 78% of total exports. The second position in the ranking was taken by El Salvador, with a 22% share of total exports.

What is the average export price for thermoforming machines for working rubber or plastics in Guatemala?

The average thermoforming machine export price stood at $8,935 per unit in 2022, picking up by 185% against the previous year.

What is the average import price for thermoforming machines for working rubber or plastics in Guatemala?

In 2022, the average thermoforming machine import price amounted to $45,040 per unit, increasing by 113% against the previous year.

This report provides an in-depth analysis of the thermoforming machine 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 28961050 - Vacuum-moulding machines and other thermoforming machines for working rubber or plastics or for manufacturing rubber or plastic products

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. 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
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023