Guatemala: Food Mixer Market 2025

Food Mixer Market Size in Guatemala

The Guatemalan food mixer market declined significantly to $X in 2022, with a decrease of -23.5% 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). In general, the total consumption indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +29.6% against 2018 indices. As a result, consumption reached the peak level of $X, and then dropped markedly in the following year.

Food Mixer Exports

Exports from Guatemala

In 2022, approx. X units of domestic food grinders and mixers and fruit or vegetable juice extractors were exported from Guatemala; with an increase of 5% on the previous year's figure. Over the period under review, exports posted a pronounced expansion. The pace of growth appeared the most rapid in 2016 when exports increased by 258%. As a result, the exports attained the peak of X units. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, food mixer exports fell slightly to $X in 2022. Overall, exports recorded pronounced growth. The pace of growth was the most pronounced in 2016 when exports increased by 130%. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

El Salvador (X units), Honduras (X units) and Nicaragua (X units) were the main destinations of food mixer exports from Guatemala, together accounting for 90% of total exports. Mexico and Panama lagged somewhat behind, together comprising a further 7.9%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Mexico (with a CAGR of +38.5%), while the other leaders experienced more modest paces of growth.

In value terms, El Salvador ($X), Honduras ($X) and Nicaragua ($X) were the largest markets for food mixer exported from Guatemala worldwide, together comprising 90% of total exports. Mexico and Panama lagged somewhat behind, together accounting for a further 7.9%.

Mexico, with a CAGR of +37.3%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average food mixer export price amounted to $X per unit, waning by -7.4% against the previous year. In general, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 45% against the previous year. The export price peaked at $X per unit in 2021, and then dropped in the following year.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to El Salvador ($X per unit) and Honduras ($X per unit), while the average price for exports to Panama ($X per unit) and Mexico ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to El Salvador (-0.8%), while the prices for the other major destinations experienced a decline.

Food Mixer Imports

Imports into Guatemala

Food mixer imports into Guatemala plummeted to X units in 2022, shrinking by -16.5% on 2021. In general, total imports indicated a moderate increase from 2012 to 2022: its volume increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +27.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 52%. As a result, imports attained the peak of X units, and then reduced markedly in the following year.

In value terms, food mixer imports shrank markedly to $X in 2022. Overall, total imports indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +32.6% against 2018 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 70%. As a result, imports reached the peak of $X, and then contracted sharply in the following year.

Imports by Country

China (X units), Mexico (X units) and the United States (X units) were the main suppliers of food mixer imports to Guatemala, with a combined 98% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Mexico (with a CAGR of +14.2%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, China ($X), Mexico ($X) and the United States ($X) were the largest food mixer suppliers to Guatemala, together accounting for 98% of total imports.

In terms of the main suppliers, Mexico, with a CAGR of +15.1%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average food mixer import price amounted to $X per unit, shrinking by -8.9% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by 20%. Over the period under review, average import prices attained the maximum at $X per unit in 2021, and then reduced in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per unit), while the price for Mexico ($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 (+0.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform