Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Guatemala - 2022
Contents:
- Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Guatemala (CIF) - 2022
- Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Guatemala (FOB) - 2022
- Imports of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Guatemala
- Exports of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Guatemala
Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Guatemala (CIF) - 2022
In 2022, the average import price for clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds amounted to $43 per unit, falling by -14.2% against the previous year. In general, the import price, however, showed significant growth. The pace of growth appeared the most rapid in 2017 when the average import price increased by 122% against the previous year. Over the period under review, average import prices attained the peak figure at $54 per unit in 2020; however, from 2021 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 the United States ($58 per unit), while the price for Mexico ($30 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Panama (+59.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Guatemala (FOB) - 2022
In 2022, the average export price for clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds amounted to $20 per unit, remaining constant against the previous year. Over the period under review, the export price, however, showed perceptible growth. The most prominent rate of growth was recorded in 2021 when the average export price increased by 260%. As a result, the export price reached the peak level of $21 per unit, and then declined slightly 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 Honduras ($28 per unit), while the average price for exports to El Salvador ($14 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 (+6.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Guatemala
In 2022, imports of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds into Guatemala surged to 927 units, with an increase of 204% compared with 2021. In general, imports, however, saw a drastic downturn. Over the period under review, imports of reached the peak figure at 1.8K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds soared to $40K in 2022. Over the period under review, imports, however, recorded a drastic downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 167%. Imports peaked at $64K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 52.0 | 4.3 | 6.6 | 20.3 | -26.9% |
| United States | 0.4 | N/A | 0.2 | 16.9 | 248.3% |
| Mexico | 0.1 | 0.2 | 1.2 | 3.0 | 210.7% |
| Panama | 7.7 | 0.7 | 3.8 | N/A | -29.7% |
| El Salvador | 3.8 | 0.6 | 3.0 | N/A | -11.1% |
| Others | 0.3 | N/A | 0.6 | N/A | 41.4% |
| Total | 64.3 | 5.8 | 15.4 | 40.3 | -14.4% |
Top Suppliers of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered to Guatemala in 2022:
- China (537.0 units)
- United States (290.0 units)
- Mexico (100.0 units)
Exports of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Guatemala
For the fourth year in a row, Guatemala recorded growth in shipments abroad of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds, which increased by 404% to 348 units in 2022. Overall, exports saw a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 763%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, exports of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds surged to $7.1K in 2022. In general, exports recorded a significant increase. The growth pace was the most rapid in 2021 when exports increased by 3,009% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to see gradual growth in the immediate term.
| Export of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Guatemala (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| El Salvador | 1.0 | 1.0 | 4.0 | 2,599 | 1274.9% |
| Honduras | 1.0 | 6.0 | 401 | 1,760 | 1107.4% |
| Panama | 40.0 | 14.0 | 108 | 1,524 | 236.5% |
| Nicaragua | 32.0 | 19.0 | 576 | 1,224 | 236.9% |
| Costa Rica | 3.0 | 4.0 | 292 | N/A | 886.6% |
| Mexico | N/A | N/A | 49.0 | N/A | 0% |
| Others | 4.0 | 2.0 | N/A | 10.0 | 35.7% |
| Total | 81.0 | 46.0 | 1,430 | 7,117 | 344.6% |
Top Export Markets for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered from Guatemala in 2022:
- El Salvador (187.0 units)
- Honduras (62.0 units)
- Panama (54.0 units)
- Nicaragua (44.0 units)
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