Price for Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Guatemala - 2024
Contents:
- Price for Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Guatemala (CIF) - 2024
- Price for Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Guatemala (FOB) - 2024
- Imports of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Guatemala
- Exports of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Guatemala
Price for Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Guatemala (CIF) - 2024
In April 2024, the average import price for fabrics, woven; from strip or the like, of synthetic textile materialses amounted to $1.9 per square meter, falling by -38.4% against the previous month. Over the period under review, the import price, however, enjoyed prominent growth. The pace of growth appeared the most rapid in May 2023 an increase of 246% against the previous month. As a result, import price reached the peak level of $3.4 per square meter. From June 2023 to April 2024, the average import prices remained at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In April 2024, the country with the highest price was China ($2.6 per square meter), while the price for India stood at $1.8 per square meter.
From April 2023 to April 2024, the most notable rate of growth in terms of prices was attained by China (+13.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Guatemala (FOB) - 2024
The average export price for fabrics, woven; from strip or the like, of synthetic textile materialses stood at $5.3 per square meter in April 2024, surging by 7.6% against the previous month. Overall, the export price, however, saw a mild downturn. The pace of growth was the most pronounced in August 2023 an increase of 54% against the previous month. The export price peaked at $6.5 per square meter in February 2024; however, from March 2024 to April 2024, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major foreign markets. In April 2024, the country with the highest price was El Salvador ($5.5 per square meter), while the average price for exports to Costa Rica amounted to $5.3 per square meter.
From April 2023 to April 2024, the most notable rate of growth in terms of prices was recorded for supplies to El Salvador (+1.6%), while the prices for the other major destinations experienced a decline.
Imports of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Guatemala
In 2022, imports of fabrics, woven; from strip or the like, of synthetic textile materialses into Guatemala rose markedly to 11M square meters, with an increase of 10% against 2021 figures. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +19.1% 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 +68.9% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 41%. Over the period under review, imports of fabrics, woven; from strip or like, of synthetic textile materialses attained the maximum in 2022 and are likely to see steady growth in the immediate term.
In value terms, imports of fabrics, woven; from strip or the like, of synthetic textile materialses rose notably to $1.9M in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +16.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.0% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 36% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 53.6 | 1.0 | 351 | 955 | 161.2% |
| United States | 457 | 625 | 399 | 513 | 3.9% |
| India | 387 | 442 | 534 | 179 | -22.7% |
| Colombia | 13.5 | N/A | N/A | 112 | 102.4% |
| Costa Rica | 195 | 102 | 207 | N/A | 3.0% |
| Others | 58.6 | 80.3 | 212 | 91.4 | 16.0% |
| Total | 1,165 | 1,250 | 1,703 | 1,852 | 16.7% |
Top Suppliers of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials to Guatemala in 2022:
- China (7.2M square meters)
- India (2.4M square meters)
- United States (0.8M square meters)
- Colombia (0.2M square meters)
Exports of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Guatemala
In 2022, the amount of fabrics, woven; from strip or the like, of synthetic textile materialses exported from Guatemala declined notably to 626K square meters, shrinking by -65.1% on 2021. Over the period under review, exports saw a dramatic shrinkage. The smallest decline of -0.3% was in 2021. The exports peaked at 7.9M square meters in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of fabrics, woven; from strip or the like, of synthetic textile materialses dropped markedly to $459K in 2022. Overall, exports showed a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 9.2% against the previous year. The exports peaked at $3.6M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Costa Rica | 3,337 | 869 | 1,114 | 360 | -52.4% |
| Cuba | N/A | N/A | N/A | 41.2 | 0% |
| Belize | 15.5 | 18.6 | 20.1 | 40.5 | 37.7% |
| Honduras | 20.1 | 1.6 | 3.9 | 12.5 | -14.6% |
| Nicaragua | 116 | 196 | 2.3 | N/A | -85.9% |
| Others | 136 | 2.4 | 49.1 | 4.7 | -67.4% |
| Total | 3,625 | 1,088 | 1,189 | 459 | -49.8% |
Top Export Markets for Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials from Guatemala in 2022:
- Costa Rica (500.7K square meters)
- Cuba (50.1K square meters)
- Belize (46.3K square meters)
- Honduras (21.4K square meters)
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