Report Update Nov 1, 2024

Guatemala - Invalid Carriages not Mechanically Propelled - Market Analysis, Forecast, Size, Trends and Insights

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Guatemala: Invalid Carriage Market 2024

Invalid Carriage Market Size in Guatemala

In 2022, the Guatemalan invalid carriage market increased by 6.5% to $X, rising for the second year in a row after three years of decline. Over the period under review, consumption recorded a prominent expansion. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in years to come.

Invalid Carriage Production in Guatemala

In value terms, invalid carriage production reached $X in 2022 estimated in export price. In general, production posted a remarkable increase. The pace of growth was the most pronounced in 2017 when the production volume increased by 122% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2022, production growth failed to regain momentum.

Invalid Carriage Exports

Exports from Guatemala

In 2022, the amount of invalid carriages not mechanically propelled exported from Guatemala contracted dramatically to X units, reducing by -56% against the year before. Over the period under review, exports recorded a abrupt descent. The pace of growth appeared the most rapid in 2016 with an increase of 438% against the previous year. As a result, the exports reached the peak of X units. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, invalid carriage exports plummeted to $X in 2022. Overall, exports recorded a drastic downturn. The most prominent rate of growth was recorded in 2016 with an increase of 614% against the previous year. As a result, the exports reached the peak of $X. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

El Salvador (X units) was the main destination for invalid carriage exports from Guatemala, accounting for a 79% share of total exports. Moreover, invalid carriage exports to El Salvador exceeded the volume sent to the second major destination, Spain (X units), sevenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to El Salvador stood at -3.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+23.1% per year) and Honduras (+19.6% per year).

In value terms, El Salvador ($X) emerged as the key foreign market for invalid carriages not mechanically propelled exports from Guatemala, comprising 79% of total exports. The second position in the ranking was taken by Spain ($X), with an 11% share of total exports.

From 2012 to 2022, the average annual growth rate of value to El Salvador amounted to -3.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+129.3% per year) and Honduras (+62.6% per year).

Export Prices by Country

The average invalid carriage export price stood at $X per unit in 2022, waning by -20.9% against the previous year. Overall, export price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, invalid carriage export price increased by +85.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by 64%. As a result, the export price reached the peak level of $X per unit, and then declined significantly in the following year.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Honduras ($X per unit), while the average price for exports to Spain ($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 Jordan (+150.5%), while the prices for the other major destinations experienced more modest paces of growth.

Invalid Carriage Imports

Imports into Guatemala

Invalid carriage imports into Guatemala soared to X units in 2022, growing by 19% against 2021. Overall, imports recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 289% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in the immediate term.

In value terms, invalid carriage imports declined to $X in 2022. In general, imports posted a resilient expansion. The most prominent rate of growth was recorded in 2021 with an increase of 283%. As a result, imports attained the peak of $X, and then declined in the following year.

Imports by Country

In 2022, China (X units) was the main invalid carriage supplier to Guatemala, with a approx. 98% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China stood at +21.2%.

In value terms, China ($X) constituted the largest supplier of invalid carriages not mechanically propelled to Guatemala.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +20.6%.

Import Prices by Country

The average invalid carriage import price stood at $X per unit in 2022, which is down by -26.2% against the previous year. Over the period under review, the import price continues to indicate a noticeable decrease. The pace of growth was the most pronounced in 2016 when the average import price increased by 20%. As a result, import price attained the peak level of $X per unit. From 2017 to 2022, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -0.5% per year.

Source: IndexBox Platform

This report provides an in-depth analysis of the invalid carriage 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 30922030 - Invalid carriages not mechanically propelled

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