Guatemala: Gravimetric Filling Machine Market 2024

Gravimetric Filling Machine Market Size in Guatemala

The Guatemalan gravimetric filling machine market dropped sharply to $X in 2022, waning by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption saw a abrupt decline. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Gravimetric Filling Machine Exports

Exports from Guatemala

Gravimetric filling machine exports from Guatemala contracted rapidly to X units in 2022, waning by X% on the previous year. In general, exports, however, posted strong growth. The pace of growth was the most pronounced in 2014 when exports increased by X%. As a result, the exports attained the peak of X units. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, gravimetric filling machine exports reduced rapidly to $X in 2022. Over the period under review, exports, however, showed a strong increase. The most prominent rate of growth was recorded in 2016 with an increase of X%. The exports peaked at $X in 2021, and then fell markedly in the following year.

Exports by Country

Peru (X units), Bolivia (X units) and Mexico (X units) were the main destinations of gravimetric filling machine exports from Guatemala, with a combined X% share of total exports. Moreover, gravimetric filling machine exports in Peru exceeded the figures recorded by the second-largest exporter, Bolivia, twofold.

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

In value terms, Ecuador ($X), Panama ($X) and Peru ($X) constituted the largest markets for gravimetric filling machine exported from Guatemala worldwide, together accounting for X% of total exports.

Among the main countries of destination, Ecuador, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average gravimetric filling machine export price stood at $X per unit in 2022, waning by X% against the previous year. In general, the export price, however, recorded a buoyant expansion. The pace of growth appeared the most rapid in 2016 an increase of X%. Over the period under review, the average export prices hit record highs at $X per unit in 2021, and then fell notably in the following year.

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 Ecuador ($X per unit), while the average price for exports to Honduras ($X 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 Colombia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Gravimetric Filling Machine Imports

Imports into Guatemala

In 2022, the amount of automatic gravimetric filling machines imported into Guatemala reduced rapidly to X units, falling by X% compared with the previous year. In general, imports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, imports reached the maximum at X units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, gravimetric filling machine imports dropped markedly to $X in 2022. Over the period under review, imports showed a abrupt curtailment. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Japan (X units), Colombia (X units) and the Netherlands (X units) were the main suppliers of gravimetric filling machine imports to Guatemala, with a combined X% share of total imports. China, India, Italy, Brazil, Mexico, Honduras, Germany, Taiwan (Chinese), El Salvador and Slovakia lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), the Netherlands ($X) and Colombia ($X) were the largest gravimetric filling machine suppliers to Guatemala, with a combined X% share of total imports. China, Slovakia, Italy, Germany, El Salvador, Brazil, Mexico, Taiwan (Chinese), India and Honduras lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, El Salvador, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, 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 gravimetric filling machine import price amounted to $X per unit, reducing by X% against the previous year. Over the period under review, the import price recorded a noticeable contraction. The pace of growth appeared the most rapid in 2015 an increase of X%. Over the period under review, average import prices hit record highs at $X per unit in 2016; however, from 2017 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 Slovakia ($X per unit), while the price for Honduras ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :