Price for Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Guatemala - 2024

Contents:

  1. Price for Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Guatemala (CIF) - 2022
  2. Price for Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Guatemala (FOB) - 2022
  3. Imports of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Guatemala
  4. Exports of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Guatemala

Price for Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Guatemala (CIF) - 2022

In 2022, the average import price for fibres; synthetic filament tow, acrylic or modacrylics amounted to $3,237 per ton, rising by 23% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.4%. The most prominent rate of growth was recorded in 2021 when the average import price increased by 25% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Korea ($3,356 per ton), while the price for Turkey ($3,176 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 (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Guatemala (FOB) - 2022

In 2021, the average export price for fibres; synthetic filament tow, acrylic or modacrylics amounted to $4,333 per ton, rising by 74% against the previous year. Overall, the export price recorded a resilient expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Honduras.

From 2012 to 2021, the rate of growth in terms of prices for Turkey amounted to 0.0% per year.

Imports of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Guatemala

In 2022, imports of fibres; synthetic filament tow, acrylic or modacrylics into Guatemala dropped markedly to 1.3K tons, shrinking by -34.9% on the previous year. Overall, imports saw a abrupt setback. The most prominent rate of growth was recorded in 2021 when imports increased by 30%. As a result, imports attained the peak of 1.9K tons, and then contracted remarkably in the following year.

In value terms, imports of fibres; synthetic filament tow, acrylic or modacrylics shrank remarkably to $4.1M in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 62%. As a result, imports attained the peak of $5.1M, and then reduced rapidly in the following year.

Import of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Guatemala (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico0.2N/A0.83.3154.6%
Turkey3.93.14.30.6-46.4%
South KoreaN/AN/AN/A0.20%
OthersN/AN/AN/AN/A0%
Total4.13.15.14.10.0%

Top Suppliers of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic to Guatemala in 2022:

  1. Mexico (1020.3 tons)
  2. Turkey (199.0 tons)
  3. South Korea (45.0 tons)

Exports of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Guatemala

In 2021, exports of fibres; synthetic filament tow, acrylic or modacrylics from Guatemala reduced markedly to 18 kg, with a decrease of 99.9% compared with 2020. Over the period under review, exports faced a sharp descent.

In value terms, exports of fibres; synthetic filament tow, acrylic or modacrylics fell notably to $78 in 2021. In general, exports showed a significant curtailment.

Export of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Guatemala (Thousand USD)
COUNTRY20202021CAGR,
2020-2021
HondurasN/A0.10%
Turkey115N/A0%
OthersN/AN/A0%
Total1150.1-99.9%

Top Export Markets for Fibres; Synthetic Filament Tow, Acrylic or Modacrylic from Guatemala in 2022:

  1. Honduras (18.0 kg)

Source: IndexBox Market Intelligence Platform

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