Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Guatemala - 2024
Contents:
- Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Guatemala (FOB) - 2024
- Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Guatemala (CIF) - 2022
- Exports of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Guatemala
- Imports of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Guatemala
Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Guatemala (FOB) - 2024
In March 2024, the average export price for cotton; waste other than garnetted stock and yarn (including thread) waste amounted to $591 per ton, dropping by -17.4% against the previous month. Overall, the export price recorded a slight descent. The most prominent rate of growth was recorded in December 2023 when the average export price increased by 41% month-to-month. As a result, the export price attained the peak level of $867 per ton. From January 2024 to March 2024, the the average export prices remained at a somewhat lower figure.
Average prices varied noticeably for the major overseas markets. In March 2024, the country with the highest price was the United States ($610 per ton), while the average price for exports to El Salvador stood at $554 per ton.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was recorded for supplies to Honduras (0.0%), while the prices for the other major destinations experienced a decline.
Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Guatemala (CIF) - 2022
The average import price for cotton; waste other than garnetted stock and yarn (including thread) waste stood at $418 per ton in 2022, shrinking by -37.2% against the previous year. Over the period under review, the import price saw a abrupt setback. The pace of growth appeared the most rapid in 2021 an increase of 174%. The import price peaked at $1,594 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($1,729 per ton), while the price for Nicaragua ($355 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+5.2%), while the prices for the other major suppliers experienced a decline.
Exports of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Guatemala
In 2022, approx. 1.4K tons of cotton; waste other than garnetted stock and yarn (including thread) waste were exported from Guatemala; increasing by 79% against the previous year's figure. Overall, exports enjoyed a buoyant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of cotton; waste other than garnetted stock and yarn (including thread) waste soared to $968K in 2022. Over the period under review, exports enjoyed a buoyant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Honduras | 534 | 386 | 466 | 463 | -4.6% |
| El Salvador | 42.0 | 11.0 | 0.7 | 406 | 113.0% |
| Mexico | N/A | N/A | 40.0 | 75.3 | 88.2% |
| Spain | 62.2 | 88.0 | 90.1 | 12.5 | -41.4% |
| Others | N/A | N/A | N/A | 10.5 | 0% |
| Total | 638 | 485 | 597 | 968 | 14.9% |
Top Export Markets for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste from Guatemala in 2022:
- El Salvador (670.7 tons)
- Honduras (615.5 tons)
- Mexico (86.6 tons)
- Spain (14.5 tons)
Imports of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Guatemala
In 2022, imports of cotton; waste other than garnetted stock and yarn (including thread) waste into Guatemala reduced rapidly to 430 tons, dropping by -27.7% compared with the year before. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 40% against the previous year. As a result, imports attained the peak of 595 tons, and then fell rapidly in the following year.
In value terms, imports of cotton; waste other than garnetted stock and yarn (including thread) waste fell markedly to $180K in 2022. Over the period under review, imports saw a deep setback. The growth pace was the most rapid in 2021 when imports increased by 285% against the previous year. As a result, imports attained the peak of $396K, and then dropped rapidly in the following year.
| Import of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Nicaragua | N/A | N/A | N/A | 119 | 0% |
| El Salvador | 78.1 | 90.0 | 70.0 | 25.9 | -30.8% |
| Vietnam | N/A | N/A | N/A | 24.8 | 0% |
| United States | 2.5 | 4.2 | 95.9 | 7.3 | 42.9% |
| Spain | 119 | N/A | 211 | 2.7 | -71.7% |
| Costa Rica | N/A | N/A | 19.1 | N/A | 0% |
| Honduras | 30.7 | 8.7 | N/A | N/A | -71.7% |
| Others | 37.9 | N/A | N/A | 0.1 | -86.2% |
| Total | 268 | 103 | 396 | 180 | -12.4% |
Top Suppliers of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste to Guatemala in 2022:
- Nicaragua (335.3 tons)
- El Salvador (66.5 tons)
- Vietnam (17.2 tons)
- United States (9.4 tons)
- Spain (1.6 tons)
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