Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Guatemala - 2024
Contents:
- Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Guatemala (CIF) - 2022
- Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Guatemala (FOB) - 2022
- Imports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Guatemala
- Exports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Guatemala
Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Guatemala (CIF) - 2022
The average import price for cotton yarn (other than sewing thread), put up for retail sale stood at $2,886 per ton in 2022, which is down by -17% against the previous year. Over the period under review, the import price saw a noticeable curtailment. The most prominent rate of growth was recorded in 2021 an increase of 6.5% against the previous year. Over the period under review, average import prices hit record highs at $4,393 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
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 South Korea ($9,249 per ton), while the price for Honduras ($1,223 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Guatemala (FOB) - 2022
The average export price for cotton yarn (other than sewing thread), put up for retail sale stood at $6,212 per ton in 2022, increasing by 32% against the previous year. Over the period under review, the export price, however, showed a abrupt setback. The growth pace was the most rapid in 2013 when the average export price increased by 182% against the previous year. As a result, the export price reached the peak level of $31,354 per ton. From 2014 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Panama ($80,813 per ton), while the average price for exports to Honduras ($3,404 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 Nicaragua (+11.5%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Guatemala
Imports of cotton yarn (other than sewing thread), put up for retail sale into Guatemala expanded significantly to 2.6K tons in 2022, increasing by 11% compared with the previous year's figure. In general, total imports indicated noticeable growth from 2019 to 2022: its volume increased at an average annual rate of +3.4% 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 +72.3% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 55% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of cotton yarn (other than sewing thread), put up for retail sale shrank to $7.6M in 2022. Overall, imports, however, saw a deep contraction. The pace of growth was the most pronounced in 2021 when imports increased by 65%.
| Import of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Guatemala (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 6.4 | 3.7 | 5.8 | 4.3 | -12.4% |
| India | 0.8 | 0.5 | 0.3 | 2.0 | 35.7% |
| China | 0.2 | 0.1 | 0.4 | 0.4 | 26.0% |
| Honduras | 0.6 | N/A | 0.1 | N/A | -59.2% |
| Others | 1.0 | 0.6 | 1.5 | 0.8 | -7.2% |
| Total | 9.2 | 5.0 | 8.2 | 7.6 | -6.2% |
Top Suppliers of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale to Guatemala in 2022:
- India (1331.4 tons)
- United States (1006.6 tons)
- China (222.8 tons)
- Honduras (29.9 tons)
Exports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Guatemala
Exports of cotton yarn (other than sewing thread), put up for retail sale from Guatemala declined markedly to 68 tons in 2022, with a decrease of -58.5% against 2021. In general, exports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 104% against the previous year. As a result, the exports attained the peak of 164 tons, and then dropped sharply in the following year.
In value terms, exports of cotton yarn (other than sewing thread), put up for retail sale contracted sharply to $423K in 2022. Over the period under review, exports, however, showed a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of 100%. As a result, the exports attained the peak of $771K, and then reduced rapidly in the following year.
| Export of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Panama | 74.4 | 103 | 116 | 164 | 30.1% |
| Honduras | 108 | 115 | 445 | 159 | 13.8% |
| Costa Rica | 89.0 | 98.3 | 75.8 | 34.3 | -27.2% |
| Nicaragua | 7.6 | 26.6 | 28.5 | 30.6 | 59.1% |
| Ecuador | N/A | 10.5 | 29.5 | 17.6 | 29.5% |
| United States | 27.5 | N/A | 0.3 | 16.2 | -16.2% |
| El Salvador | 11.4 | 14.5 | 72.8 | N/A | 152.7% |
| Taiwan (Chinese) | 12.0 | N/A | N/A | N/A | 0% |
| Others | 4.7 | 17.4 | 4.2 | 2.1 | -23.6% |
| Total | 334 | 385 | 771 | 423 | 8.2% |
Top Export Markets for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale from Guatemala in 2022:
- Honduras (46.6 tons)
- Nicaragua (7.5 tons)
- United States (4.3 tons)
- Ecuador (4.3 tons)
- Costa Rica (2.9 tons)
- Panama (2.0 tons)
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