Aluminium Wire Price in Guatemala - 2024
Contents:
- Aluminium Wire Price in Guatemala (CIF) - 2022
- Aluminium Wire Price in Guatemala (FOB) - 2022
- Aluminium Wire Imports in Guatemala
- Aluminium Wire Exports in Guatemala
Aluminium Wire Price in Guatemala (CIF) - 2022
The average aluminium wire import price stood at $6,053 per ton in 2022, waning by -16.5% against the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 42% against the previous year. The import price peaked at $9,740 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Panama ($55,273 per ton), while the price for Colombia ($4,775 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+118.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Aluminium Wire Price in Guatemala (FOB) - 2022
The average aluminium wire export price stood at $7,783 per ton in 2022, declining by -21.6% against the previous year. Overall, the export price saw a pronounced reduction. The most prominent rate of growth was recorded in 2021 an increase of 59%. Over the period under review, the average export prices attained the peak figure at $14,639 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belize ($16,333 per ton), while the average price for exports to El Salvador stood at $6,500 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belize (+5.4%), while the prices for the other major destinations experienced a decline.
Aluminium Wire Imports in Guatemala
In 2022, approx. 52 tons of aluminium wires were imported into Guatemala; growing by 108% compared with the previous year's figure. In general, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, aluminium wire imports surged to $316K in 2022. Overall, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Aluminium Wire in Guatemala (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 33.0 | 64.1 | 32.1 | 224 | 89.3% |
Italy | N/A | N/A | N/A | 25.7 | 0% |
Colombia | N/A | 11.0 | N/A | 25.3 | 51.7% |
United States | 78.5 | 56.1 | 140 | 24.3 | -32.4% |
Canada | N/A | N/A | 3.5 | 12.8 | 265.7% |
Mexico | 1.8 | 8.1 | 4.0 | 0.6 | -30.7% |
Others | 10.3 | 1.2 | 2.4 | 3.4 | -30.9% |
Total | 124 | 140 | 182 | 316 | 36.6% |
Top Suppliers of Aluminium Wire to Guatemala in 2022:
- China (42.5 tons)
- Colombia (5.3 tons)
- United States (1.9 tons)
- Italy (1.2 tons)
- Canada (1.0 tons)
Aluminium Wire Exports in Guatemala
In 2022, after two years of growth, there was significant decline in overseas shipments of aluminium wires, when their volume decreased by -93.4% to 23 kg. Over the period under review, exports faced a precipitous descent. The growth pace was the most rapid in 2021 with an increase of 792% against the previous year. As a result, the exports reached the peak of 348 kg, and then fell remarkably in the following year.
In value terms, aluminium wire exports fell sharply to $179 in 2022. Overall, exports saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by 1,315%. As a result, the exports attained the peak of $3.5K, and then reduced sharply in the following year.
Export of Aluminium Wire in Guatemala (USD) | ||||
---|---|---|---|---|
COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 |
El Salvador | 244 | N/A | 130 | -27.0% |
Belize | N/A | N/A | 49.0 | 0% |
Honduras | N/A | 3,453 | N/A | 0% |
Others | N/A | N/A | N/A | 0% |
Total | 244 | 3,453 | 179 | -14.3% |
Top Export Markets for Aluminium Wire from Guatemala in 2022:
- El Salvador (20.0 kg)
- Belize (3.0 kg)
This report provides an in-depth analysis of the aluminium alloy wire market in Guatemala.
This report provides an in-depth analysis of the global aluminium alloy wire market.
This report provides an in-depth analysis of the aluminium alloy wire market in Guatemala.
Global Non-Alloy Aluminium Wire Market Report 2018. This report provides an in-depth analysis of the global non-alloy aluminium wire market.
This report provides an in-depth analysis of the global aluminium alloy wire market.
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