Guatemala - Radiators For Motor Vehicles - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMotor Vehicle Radiator Price in Guatemala - 2023
Contents:
- Motor Vehicle Radiator Price in Guatemala (CIF) - 2023
- Motor Vehicle Radiator Price in Guatemala (FOB) - 2022
- Motor Vehicle Radiator Imports in Guatemala
- Motor Vehicle Radiator Exports in Guatemala
Motor Vehicle Radiator Price in Guatemala (CIF) - 2023
In October 2023, the average motor vehicle radiator import price amounted to $8.3 per unit, approximately mirroring the previous month. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in January 2023 when the average import price increased by 31% m-o-m. As a result, import price attained the peak level of $10.0 per unit. From February 2023 to October 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Japan ($25.7 per unit), while the price for the United States ($2.3 per unit) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Japan (+4.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Motor Vehicle Radiator Price in Guatemala (FOB) - 2022
The average motor vehicle radiator export price stood at $44 per unit in 2022, jumping by 79% against the previous year. Over the period under review, the export price continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2015 an increase of 125% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Honduras ($46 per unit), while the average price for exports to Nicaragua ($4.9 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 Honduras (+22.5%), while the prices for the other major destinations experienced mixed trend patterns.
Motor Vehicle Radiator Imports in Guatemala
For the fourth consecutive year, Guatemala recorded growth in supplies from abroad of radiators for motor vehicles, which increased by 11% to 848K units in 2022. The total import volume increased at an average annual rate of +12.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 24% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, motor vehicle radiator imports soared to $8.1M in 2022. In general, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +20.7% 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 +75.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 51%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Import of Motor Vehicle Radiator in Guatemala (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.6 | 2.5 | 4.7 | 5.6 | 29.1% |
| Japan | 0.4 | 0.4 | 0.6 | 0.6 | 14.5% |
| United States | 0.8 | 0.6 | 0.7 | 0.4 | -20.6% |
| Mexico | 0.2 | 0.3 | 0.3 | 0.3 | 14.5% |
| Taiwan (Chinese) | 0.1 | 0.2 | 0.1 | 0.2 | 26.0% |
| Others | 0.5 | 0.7 | 0.6 | 0.9 | 21.6% |
| Total | 4.6 | 4.6 | 7.0 | 8.1 | 20.8% |
Top Suppliers of Motor Vehicle Radiator to Guatemala in 2022:
- China (660.7K units)
- United States (64.9K units)
- Japan (29.1K units)
- Mexico (24.0K units)
- Taiwan (Chinese) (16.6K units)
Motor Vehicle Radiator Exports in Guatemala
In 2022, approx. 15K units of radiators for motor vehicles were exported from Guatemala; picking up by 210% compared with 2021 figures. Over the period under review, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, motor vehicle radiator exports surged to $660K in 2022. In general, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Motor Vehicle Radiator in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Honduras | 10.1 | 59.1 | 112 | 648 | 300.3% |
| El Salvador | 13.3 | 4.2 | 1.7 | 7.2 | -18.5% |
| United States | N/A | 21.0 | 0.7 | 2.2 | -67.6% |
| Mexico | 2.9 | 1.6 | 1.4 | 1.5 | -19.7% |
| Nicaragua | N/A | 2.6 | 2.9 | 0.7 | -48.1% |
| Others | 2.1 | 1.5 | N/A | 0.7 | -30.7% |
| Total | 28.3 | 90.1 | 119 | 660 | 185.7% |
Top Export Markets for Motor Vehicle Radiator from Guatemala in 2022:
- United States (undefinedK units)
- Honduras (14.2K units)
- El Salvador (0.4K units)
- Nicaragua (0.2K units)
- Mexico (0.1K units)
This report provides an in-depth analysis of the motor vehicle radiator 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 29323061 - Radiators for tractors, motor cars, goods vehicles, crane lorries, fire-fighting vehicles, concrete-mixer-, road sweeper-, s praying lorries, mobile workshops and radiological units, p arts thereof
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
- 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
-
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
-
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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