Guatemala - Polystyrene, In Primary Forms - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPolystyrene Price in Guatemala - 2023
Contents:
- Polystyrene Price in Guatemala (CIF) - 2023
- Polystyrene Price in Guatemala (FOB) - 2022
- Polystyrene Imports in Guatemala
- Polystyrene Exports in Guatemala
Polystyrene Price in Guatemala (CIF) - 2023
The average polystyrene import price stood at $1,465 per ton in October 2023, falling by -27.2% against the previous month. Overall, the import price saw a pronounced decrease. The pace of growth was the most pronounced in January 2023 an increase of 30% m-o-m. As a result, import price reached the peak level of $2,317 per ton. From February 2023 to October 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($2,302 per ton), while the price for China ($1,179 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Colombia (-1.9%), while the prices for the other major suppliers experienced a decline.
Polystyrene Price in Guatemala (FOB) - 2022
The average polystyrene export price stood at $1,030 per ton in 2022, jumping by 23% against the previous year. In general, the export price, however, showed a abrupt decrease. The growth pace was the most rapid in 2018 when the average export price increased by 43% against the previous year. The export price peaked at $3,370 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Honduras ($3,444 per ton), while the average price for exports to Malaysia ($557 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 (+55.0%), while the prices for the other major destinations experienced more modest paces of growth.
Polystyrene Imports in Guatemala
Polystyrene imports into Guatemala surged to 16K tons in 2022, with an increase of 62% compared with 2021. Over the period under review, imports continue to indicate a prominent expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, polystyrene imports skyrocketed to $37M in 2022. Overall, imports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 103% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
Import of Polystyrene in Guatemala (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Taiwan (Chinese) | 4.4 | 3.1 | 6.2 | 12.7 | 42.4% |
Mexico | 5.0 | 4.1 | 6.7 | 8.3 | 18.4% |
United States | 4.2 | 1.6 | 4.7 | 6.8 | 17.4% |
Singapore | 0.2 | 0.1 | 0.9 | 3.4 | 157.1% |
South Korea | 1.6 | 0.8 | 0.6 | 3.0 | 23.3% |
China | N/A | N/A | 0.2 | 1.8 | 800.0% |
Colombia | 0.6 | 0.3 | 1.5 | 0.7 | 5.3% |
Others | 0.4 | 0.6 | 0.7 | 0.5 | 7.7% |
Total | 16.5 | 10.6 | 21.6 | 37.2 | 31.1% |
Top Suppliers of Polystyrene to Guatemala in 2022:
- Taiwan (Chinese) (5.3K tons)
- Mexico (3.7K tons)
- United States (2.4K tons)
- Singapore (1.6K tons)
- South Korea (1.4K tons)
- China (0.9K tons)
- Colombia (0.3K tons)
Polystyrene Exports in Guatemala
For the fourth year in a row, Guatemala recorded growth in shipments abroad of polystyrene, which increased by 95% to 353 tons in 2022. Overall, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, polystyrene exports surged to $364K in 2022. Over the period under review, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Polystyrene in Guatemala (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Malaysia | N/A | 9.3 | 89.9 | 140 | 288.0% |
Honduras | 2.8 | 15.1 | 46.6 | 112 | 242.0% |
El Salvador | 51.3 | 91.0 | 15.2 | 66.3 | 8.9% |
Nicaragua | 29.8 | 0.1 | 0.1 | 13.1 | -24.0% |
Hong Kong SAR | N/A | N/A | N/A | 12.8 | 0% |
Costa Rica | 22.0 | 19.3 | N/A | N/A | -12.3% |
Cuba | 35.4 | 69.1 | N/A | N/A | 95.2% |
Others | 0.2 | 0.1 | 0.1 | 19.7 | 361.8% |
Total | 142 | 204 | 152 | 364 | 36.9% |
Top Export Markets for Polystyrene from Guatemala in 2022:
- Malaysia (252.3 tons)
- El Salvador (43.0 tons)
- Honduras (32.4 tons)
- Hong Kong SAR (20.7 tons)
- Nicaragua (2.7 tons)
This report provides an in-depth analysis of the polystyrene 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 20162035 - Expansible polystyrene, in primary forms
- Prodcom 20162039 - Polystyrene, in primary forms (excluding expansible polystyrene)
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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In 2016, the amount of polystyrene imported worldwide amounted to X tons, coming up by X% against the previous year figure. Overall, polystyrene imports continue to indicate a relatively flat tren...
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