Guatemala - Endless Bands for Machinery, of Stainless Steel - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGuatemala: Endless Machinery Band Market 2024
Endless Machinery Band Market Size in Guatemala
The Guatemalan endless machinery band market soared to $X in 2023, jumping by X% against the previous year. In general, consumption showed a abrupt downturn. Endless machinery band consumption peaked at $X in 2012; however, from 2013 to 2023, consumption remained at a lower figure.
Endless Machinery Band Production in Guatemala
In value terms, endless machinery band production surged to $X in 2023 estimated in export price. In general, production enjoyed a significant increase. As a result, production reached the peak level and is likely to continue growth in the immediate term.
Endless Machinery Band Exports
Exports from Guatemala
For the third year in a row, Guatemala recorded growth in shipments abroad of endless bands for machinery, of stainless steel, which increased by X% to X square meters in 2023. In general, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2023 and are likely to see gradual growth in years to come.
In value terms, endless machinery band exports skyrocketed to $X in 2023. Over the period under review, exports continue to indicate significant growth. The growth pace was the most rapid in 2021 when exports increased by X%. The exports peaked in 2023 and are expected to retain growth in the immediate term.
Exports by Country
El Salvador (X square meters) was the main destination for endless machinery band exports from Guatemala, with a X% share of total exports. It was followed by Honduras (X square meters), with a X% share of total exports. The third position in this ranking was taken by Belize (X square meters), with a X% share.
From 2012 to 2023, the average annual growth rate of volume to El Salvador totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Honduras (X% per year) and Belize (X% per year).
In value terms, El Salvador ($X) remains the key foreign market for endless bands for machinery, of stainless steel exports from Guatemala, comprising X% of total exports. The second position in the ranking was taken by Honduras ($X), with a X% share of total exports. It was followed by Nicaragua, with a X% share.
From 2012 to 2023, the average annual rate of growth in terms of value to El Salvador stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Honduras (X% per year) and Nicaragua (X% per year).
Export Prices by Country
The average endless machinery band export price stood at $X per square meter in 2023, dropping by X% against the previous year. Overall, the export price faced a abrupt slump. The growth pace was the most rapid in 2013 an increase of X%. As a result, the export price attained the peak level of $X per square meter. From 2014 to 2023, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2023, amid the top suppliers, the country with the highest price was Nicaragua ($X per square meter), while the average price for exports to El Salvador ($X per square meter) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belize (X%), while the prices for the other major destinations experienced mixed trend patterns.
Endless Machinery Band Imports
Imports into Guatemala
Endless machinery band imports into Guatemala contracted rapidly to X square meters in 2023, falling by X% on the previous year. Overall, imports recorded a abrupt downturn. The pace of growth appeared the most rapid in 2019 when imports increased by X% against the previous year. Imports peaked at X square meters in 2012; however, from 2013 to 2023, imports remained at a lower figure.
In value terms, endless machinery band imports fell to $X in 2023. In general, imports, however, posted slight growth. The growth pace was the most rapid in 2022 when imports increased by X% against the previous year. As a result, imports reached the peak of $X, and then reduced in the following year.
Imports by Country
In 2023, China (X square meters) constituted the largest endless machinery band supplier to Guatemala, with a X% share of total imports. Moreover, endless machinery band imports from China exceeded the figures recorded by the second-largest supplier, the United States (X square meters), twofold. The third position in this ranking was held by Mexico (X square meters), with a X% share.
From 2012 to 2023, the average annual growth rate of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Mexico (X% per year).
In value terms, the United States ($X), Mexico ($X) and India ($X) were the largest endless machinery band suppliers to Guatemala, with a combined X% share of total imports.
India, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2023, the average endless machinery band import price amounted to $X per square meter, picking up by X% against the previous year. Over the period under review, the import price recorded a buoyant increase. The import price peaked at $X per square meter in 2015; however, from 2016 to 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was India ($X per square meter), while the price for China ($X per square meter) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Argentina (X%), 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 endless machinery band 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 25931313 - Endless bands for machinery, of stainless steel
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
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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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