Key Market Indicators
Guatemalan transformer imports are projected to reach $84 million by 2026. In 2021, the country was ranked 72nd in the world with an import of $76 million. This is a 1.7% average annual growth rate since 1998, when imports decreased by 1% annually. China, Germany, and Mexico were the top three countries in the ranking. Transformer exports from Guatemala are predicted to reach $2.7 million by 2026. In 2021, the country was 81st in the world with an export of $2.3 million. This is a 2.9% average annual growth rate since 1998, when exports increased by 20.4% annually. Germany, the United States, and Japan were the top three countries in the ranking.