Report Update Nov 1, 2024

Guatemala - Combine Harvester-Threshers - Market Analysis, Forecast, Size, Trends and Insights

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Guatemala: Combine Harvester Market 2024

Combine Harvester Market Size in Guatemala

In 2022, the Guatemalan combine harvester market increased by 67% to $X, rising for the third year in a row after two years of decline. In general, consumption saw a significant increase. Combine harvester consumption peaked in 2022 and is expected to retain growth in the near future.

Combine Harvester Exports

Exports from Guatemala

After three years of growth, overseas shipments of combine harvester-threshers decreased by -83.3% to X units in 2022. Over the period under review, exports recorded a deep slump. The most prominent rate of growth was recorded in 2015 with an increase of 300%. The exports peaked at X units in 2021, and then reduced sharply in the following year.

In value terms, combine harvester exports fell dramatically to $X in 2022. Overall, exports, however, saw resilient growth. The pace of growth appeared the most rapid in 2013 with an increase of 1,119% against the previous year. The exports peaked at $X in 2021, and then declined significantly in the following year.

Exports by Country

El Salvador (X units) was the main destination for combine harvester exports from Guatemala, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to El Salvador was relatively modest.

In value terms, El Salvador ($X) also remains the key foreign market for combine harvester-threshers exports from Guatemala.

From 2012 to 2022, the average annual rate of growth in terms of value to El Salvador stood at +18.7%.

Export Prices by Country

In 2022, the average combine harvester export price amounted to $X per unit, surging by 3.5% against the previous year. Overall, the export price recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when the average export price increased by 672%. The export price peaked in 2022 and is likely to see steady growth in years to come.

As there is only one major export destination, the average price level is determined by prices for El Salvador.

From 2012 to 2022, the rate of growth in terms of prices for Nicaragua amounted to +45.9% per year.

Combine Harvester Imports

Imports into Guatemala

In 2022, purchases abroad of combine harvester-threshers increased by 21% to X units, rising for the third year in a row after two years of decline. Over the period under review, imports posted a significant increase. The pace of growth appeared the most rapid in 2015 when imports increased by 340%. Imports peaked at X units in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, combine harvester imports skyrocketed to $X in 2022. Overall, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2015 when imports increased by 445% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

In 2022, Brazil (X units) constituted the largest combine harvester supplier to Guatemala, with a 87% share of total imports. It was followed by Mexico (X units), with a 2.1% share of total imports. The third position in this ranking was held by the United States (X units), with a 2.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Brazil amounted to +35.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (0.0% per year) and the United States (0.0% per year).

In value terms, Brazil ($X) constituted the largest supplier of combine harvester-threshers to Guatemala, comprising 94% of total imports. The second position in the ranking was held by the United States ($X), with a 2.4% share of total imports. It was followed by Thailand, with a 1.2% share.

From 2012 to 2022, the average annual growth rate of value from Brazil stood at +37.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+42.4% per year) and Thailand (0.0% per year).

Import Prices by Country

The average combine harvester import price stood at $X per unit in 2022, growing by 30% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.8%. The growth pace was the most rapid in 2018 an increase of 36% against the previous year. As a result, import price attained the peak level of $X per unit. From 2019 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per unit), while the price for Honduras ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+42.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

This report provides an in-depth analysis of the combine harvester 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 28305915 - Combine harvester-threshers

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