Price for Cotton; Sewing Thread, Put Up for Retail Sale in Guatemala - 2023

Contents:

  1. Price for Cotton; Sewing Thread, Put Up for Retail Sale in Guatemala (CIF) - 2022
  2. Price for Cotton; Sewing Thread, Put Up for Retail Sale in Guatemala (FOB) - 2022
  3. Imports of Cotton; Sewing Thread, Put Up for Retail Sale in Guatemala
  4. Exports of Cotton; Sewing Thread, Put Up for Retail Sale in Guatemala

Price for Cotton; Sewing Thread, Put Up for Retail Sale in Guatemala (CIF) - 2022

In 2022, the average import price for cotton; sewing thread, put up for retail sale amounted to $10,994 per ton, with an increase of 4.8% against the previous year. Over the period under review, the import price recorded resilient growth. The most prominent rate of growth was recorded in 2017 when the average import price increased by 59%. The import price peaked in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($14,422 per ton), while the price for Indonesia ($1,958 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+16.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cotton; Sewing Thread, Put Up for Retail Sale in Guatemala (FOB) - 2022

The average export price for cotton; sewing thread, put up for retail sale stood at $13,963 per ton in 2022, surging by 131% against the previous year. Overall, the export price, however, showed a slight decrease. The most prominent rate of growth was recorded in 2017 when the average export price increased by 269%. The export price peaked at $27,268 per ton in 2014; however, from 2015 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 the United States ($45,500 per ton), while the average price for exports to Honduras ($11,206 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 the United States (+23.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cotton; Sewing Thread, Put Up for Retail Sale in Guatemala

In 2022, imports of cotton; sewing thread, put up for retail sale into Guatemala skyrocketed to 613 tons, rising by 35% on 2021 figures. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +18.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +68.0% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of cotton; sewing thread, put up for retail sale soared to $6.7M in 2022. In general, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 56% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to continue growth in years to come.

Import of Cotton; Sewing Thread, Put Up for Retail Sale in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States9511,6141,6884,99373.8%
China1692849411,24594.6%
IndiaN/A64.469.6268104.0%
Egypt686420738135-41.8%
NicaraguaN/AN/A0.385.428366.7%
Indonesia28337722210.4-66.8%
Turkey7.54961,1103.1-25.5%
Others20.354.54.01.3-60.0%
Total2,1163,3094,7736,74147.1%

Top Suppliers of Cotton; Sewing Thread, Put Up for Retail Sale to Guatemala in 2022:

  1. United States (346.2 tons)
  2. China (154.3 tons)
  3. India (66.9 tons)
  4. Nicaragua (23.7 tons)
  5. Egypt (16.0 tons)
  6. Indonesia (5.3 tons)
  7. Turkey (0.3 tons)

Exports of Cotton; Sewing Thread, Put Up for Retail Sale in Guatemala

In 2022, approx. 35 tons of cotton; sewing thread, put up for retail sale were exported from Guatemala; jumping by 378% compared with the previous year. Overall, exports recorded significant growth. The pace of growth was the most pronounced in 2020 with an increase of 3,016% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of cotton; sewing thread, put up for retail sale surged to $482K in 2022. Over the period under review, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Cotton; Sewing Thread, Put Up for Retail Sale in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
El SalvadorN/A0.2N/A3313968.2%
Honduras1.00.1N/A149430.1%
United States4.134.643.62.0-21.3%
OthersN/A0.9N/AN/A0%
Total5.135.743.6482355.5%

Top Export Markets for Cotton; Sewing Thread, Put Up for Retail Sale from Guatemala in 2022:

  1. El Salvador (21.2 tons)
  2. Honduras (13.3 tons)

Source: IndexBox Market Intelligence Platform

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