Guatemala - Packaging Materials - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPackaging Materials Price in Guatemala - 2023
Contents:
- Packaging Materials Price in Guatemala (CIF) - 2022
- Packaging Materials Price in Guatemala (FOB) - 2022
- Packaging Materials Imports in Guatemala
- Packaging Materials Exports in Guatemala
Packaging Materials Price in Guatemala (CIF) - 2022
In 2022, the average packaging materials import price amounted to $1,139 per ton, jumping by 30% against the previous year. Over the period under review, import price indicated moderate growth from 2012 to 2022: its price 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, packaging materials import price increased by +74.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 35% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in years to come.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Mexico ($2,460 per ton), while the price for Panama ($932 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+9.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Packaging Materials Price in Guatemala (FOB) - 2022
In 2022, the average packaging materials export price amounted to $1,186 per ton, with an increase of 32% against the previous year. Over the period under review, the export price enjoyed a resilient increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($1,653 per ton), while the average price for exports to Trinidad and Tobago ($635 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ecuador (+25.5%), while the prices for the other major destinations experienced more modest paces of growth.
Packaging Materials Imports in Guatemala
For the fourth consecutive year, Guatemala recorded growth in supplies from abroad of packaging materials, which increased by 15% to 591K tons in 2022. The total import volume increased at an average annual rate of +8.4% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, packaging materials imports surged to $673M in 2022. Over the period under review, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Packaging Materials in Guatemala (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 214 | 211 | 237 | 326 | 15.1% |
China | 13.5 | 7.6 | 17.8 | 41.3 | 45.2% |
Mexico | 30.4 | 28.0 | 29.7 | 40.2 | 9.8% |
Finland | 11.0 | 9.4 | 15.6 | 32.4 | 43.3% |
Brazil | 1.0 | 3.3 | 4.2 | 30.9 | 213.8% |
Costa Rica | 11.5 | 10.0 | 13.6 | 27.1 | 33.1% |
Germany | 9.1 | 5.5 | 10.8 | 24.8 | 39.7% |
Canada | 9.0 | 7.0 | 3.9 | 20.8 | 32.2% |
Italy | 1.2 | 1.1 | 13.1 | 15.6 | 135.1% |
Sweden | 4.4 | 3.0 | 5.7 | 15.0 | 50.5% |
Poland | 1.9 | 2.9 | 4.3 | 10.8 | 78.5% |
Turkey | 1.3 | 1.1 | 4.1 | 10.5 | 100.6% |
Panama | 10.5 | 7.5 | 10.6 | 8.9 | -5.4% |
Others | 36.2 | 30.9 | 82.6 | 68.6 | 23.7% |
Total | 355 | 328 | 453 | 673 | 23.8% |
Top Suppliers of Packaging Materials to Guatemala in 2022:
- United States (315.9K tons)
- Finland (29.8K tons)
- Costa Rica (26.7K tons)
- Brazil (25.1K tons)
- China (24.1K tons)
- Germany (23.2K tons)
- Canada (18.9K tons)
- Mexico (16.3K tons)
- Italy (15.3K tons)
- Poland (11.3K tons)
- Sweden (10.5K tons)
- Turkey (10.0K tons)
- Panama (9.6K tons)
Packaging Materials Exports in Guatemala
In 2022, after two years of decline, there was significant growth in shipments abroad of packaging materials, when their volume increased by 51% to 26K tons. In general, exports, however, saw a relatively flat trend pattern.
In value terms, packaging materials exports skyrocketed to $31M in 2022. Over the period under review, exports saw a prominent expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Packaging Materials in Guatemala (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
El Salvador | 6.4 | 6.4 | 8.9 | 14.0 | 29.8% |
Nicaragua | 0.8 | 1.8 | 1.5 | 7.3 | 109.0% |
Mexico | 1.5 | 1.6 | 1.3 | 3.6 | 33.9% |
Honduras | 8.0 | 3.2 | 1.9 | 2.4 | -33.1% |
Colombia | N/A | N/A | N/A | 1.1 | 0% |
Trinidad and Tobago | 0.2 | 0.5 | 0.9 | 1.0 | 71.0% |
Venezuela | 0.1 | N/A | 0.1 | 0.5 | 71.0% |
India | 0.3 | 0.1 | N/A | N/A | -66.7% |
Others | 1.0 | 0.8 | 0.9 | 0.9 | -3.5% |
Total | 18.1 | 14.5 | 15.5 | 31.0 | 19.6% |
Top Export Markets for Packaging Materials from Guatemala in 2022:
- El Salvador (12.8K tons)
- Nicaragua (4.8K tons)
- Honduras (2.2K tons)
- Mexico (2.2K tons)
- Trinidad and Tobago (1.6K tons)
- Colombia (1.2K tons)
- Venezuela (0.6K tons)
This report provides an in-depth analysis of the packaging materials 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:
- FCL 1617 - Case materials
- FCL 1618 - Cartonboard
- FCL 1621 - Wrapping papers
- FCL 1622 - Other papers mainly for packaging
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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