Guatemala - Roller Bearings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingRoller Bearing Price in Guatemala - 2023
Contents:
- Roller Bearing Price in Guatemala (CIF) - 2022
- Roller Bearing Price in Guatemala (FOB) - 2022
- Roller Bearing Imports in Guatemala
- Roller Bearing Exports in Guatemala
Roller Bearing Price in Guatemala (CIF) - 2022
In 2022, the import price in Guatemala amounted to $14,017 per ton, picking up by 5.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.5%. The most prominent rate of growth was recorded in 2020 when the import price increased by 15%. Guatemala import price peaked in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Canada ($28,956 per ton), while Nigeria ($3,626 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+6.9%), while the other leaders experienced more modest paces of growth.
Roller Bearing Price in Guatemala (FOB) - 2022
In 2022, the export price in Guatemala amounted to $10,244 per ton, remaining constant against the previous year. In general, the export price, however, enjoyed a measured expansion. The most prominent rate of growth was recorded in 2016 when the export price increased by 63% against the previous year. The Guatemala export price peaked at $11,667 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United States ($149,053 per ton), while Indonesia ($2,415 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+16.3%), while the other leaders experienced more modest paces of growth.
Roller Bearing Imports in Guatemala
In 2022, approx. 298 tons of roller bearings were imported into Guatemala; growing by 22% on the previous year. The total import volume increased at an average annual rate of +7.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, roller bearing imports surged to $4.2M in 2022. The total import value increased at an average annual rate of +12.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Roller Bearing in Guatemala (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 125 | 105 | 131 | 134 | 2.3% |
| India | 94.1 | 81.7 | 120 | 121 | 8.7% |
| Indonesia | 88.8 | 67.3 | 83.0 | 114 | 8.7% |
| Canada | 97.5 | 76.8 | 85.7 | 98.2 | 0.2% |
| Thailand | 65.5 | 56.9 | 66.6 | 63.5 | -1.0% |
| South Korea | 53.4 | 48.5 | 54.3 | 51.7 | -1.1% |
| Italy | 39.9 | 31.0 | 43.5 | 48.5 | 6.7% |
| France | 43.8 | 36.9 | 44.3 | 42.3 | -1.2% |
| Poland | 22.4 | 20.0 | 47.5 | 41.1 | 22.4% |
| Singapore | 58.1 | 39.3 | 41.3 | 36.3 | -14.5% |
| Austria | 25.7 | 23.7 | 30.3 | 30.4 | 5.8% |
| Spain | 33.5 | 24.2 | 24.6 | 25.8 | -8.3% |
| Nigeria | 7.2 | 19.9 | 11.0 | 12.7 | 20.8% |
| Others | -752.1 | -628.2 | -779.8 | -815.0 | 2.7% |
| Total | 3.0 | 3.1 | 3.2 | 4.2 | 11.9% |
Top Suppliers of Roller Bearing to Guatemala in 2022:
- Indonesia (12.3K tons)
- Germany (6.9K tons)
- Thailand (6.4K tons)
- India (4.2K tons)
- Italy (3.5K tons)
- Nigeria (3.5K tons)
- Canada (3.4K tons)
- South Korea (3.3K tons)
- Spain (2.5K tons)
- France (2.4K tons)
- Poland (2.1K tons)
- Singapore (1.8K tons)
- Austria (1.8K tons)
Roller Bearing Exports in Guatemala
In 2022, approx. 114 tons of roller bearings were exported from Guatemala; increasing by 25% compared with the previous year. Overall, exports enjoyed a strong expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 93% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, roller bearing exports surged to $1.2M in 2022. In general, exports recorded a resilient expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 90%. The Guatemala exports peaked in 2022 and are likely to see gradual growth in years to come.
| Export of Roller Bearing in Guatemala (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 171 | 157 | 210 | 248 | 13.2% |
| Germany | 164 | 130 | 179 | 157 | -1.4% |
| Singapore | 158 | 150 | 186 | 155 | -0.6% |
| Italy | 101 | 87.5 | 110 | 105 | 1.3% |
| United States | 103 | 82.5 | 87.2 | 97.9 | -1.7% |
| Vietnam | 79.7 | 75.2 | 90.1 | 94.4 | 5.8% |
| France | 90.3 | 73.2 | 91.9 | 72.5 | -7.1% |
| Hong Kong SAR | 49.9 | 58.6 | 48.5 | 46.9 | -2.0% |
| Slovakia | 48.3 | 36.9 | 47.0 | 40.8 | -5.5% |
| South Korea | 34.2 | 25.9 | 31.3 | 23.6 | -11.6% |
| United Arab Emirates | 7.9 | 3.8 | 6.2 | 17.5 | 30.4% |
| Indonesia | 2.4 | 1.9 | 2.4 | 2.9 | 6.5% |
| Others | -1,010.3 | -881.9 | -1,088.5 | -1,060.2 | 1.6% |
| Total | 0.7 | 0.5 | 0.9 | 1.2 | 19.7% |
Top Export Markets for Roller Bearing from Guatemala in 2022:
- China (33.4K tons)
- Singapore (6.2K tons)
- Germany (5.5K tons)
- France (5.4K tons)
- Slovakia (4.2K tons)
- Italy (3.4K tons)
- Vietnam (3.0K tons)
- South Korea (1.9K tons)
- United Arab Emirates (1.3K tons)
- Indonesia (1.2K tons)
- Hong Kong SAR (1.2K tons)
- United States (0.7K tons)
This report provides an in-depth analysis of the roller bearing 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 28151090 - Roller bearings (including combined ball/roller bearings) (excluding tapered roller bearings, spherical roller bearings, n eedle roller bearings)
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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