Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Guatemala - 2023

Contents:

  1. Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Guatemala (FOB) - 2022
  2. Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Guatemala (CIF) - 2022
  3. Exports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Guatemala
  4. Imports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Guatemala

Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Guatemala (FOB) - 2022

The average export price for fibres; waste (including noils, yarn waste and garnetted stock), of artificial fibreses stood at $1,091 per ton in 2022, shrinking by -18.6% against the previous year. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 55%. As a result, the export price attained the peak level of $1,753 per ton. From 2017 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Honduras ($2,258 per ton), while the average price for exports to Nicaragua amounted to $1,065 per ton.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Honduras (+6.7%).

Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Guatemala (CIF) - 2022

In 2022, the average import price for fibres; waste (including noils, yarn waste and garnetted stock), of artificial fibreses amounted to $6,153 per ton, falling by -45.9% against the previous year. In general, the import price recorded a deep downturn. The growth pace was the most rapid in 2021 when the average import price increased by 92% against the previous year. The import price peaked at $14,846 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Mexico ($6,931 per ton), while the price for Honduras amounted to $3,120 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Honduras (+6.5%).

Exports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Guatemala

In 2022, approx. 11 tons of fibres; waste (including noils, yarn waste and garnetted stock), of artificial fibreses were exported from Guatemala; waning by -59% against the previous year. Over the period under review, exports continue to indicate a dramatic decline. The most prominent rate of growth was recorded in 2021 with an increase of 310%.

In value terms, exports of fibres; waste (including noils, yarn waste and garnetted stock), of artificial fibreses reduced markedly to $12K in 2022. Overall, exports faced a precipitous decrease. The growth pace was the most rapid in 2021 with an increase of 361%.

Export of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Nicaragua41.17.735.511.3-35.0%
HondurasN/AN/AN/A0.50%
Others0.2N/A0.1N/A-29.3%
Total41.37.735.511.9-34.0%

Top Export Markets for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres from Guatemala in 2022:

  1. Nicaragua (10.6 tons)
  2. Honduras (0.2 tons)

Imports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Guatemala

In 2022, overseas purchases of fibres; waste (including noils, yarn waste and garnetted stock), of artificial fibreses decreased by -7.5% to 124 kg, falling for the second year in a row after two years of growth. In general, imports saw a abrupt setback. The most prominent rate of growth was recorded in 2020 with an increase of 49%. As a result, imports reached the peak of 286 kg. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of fibres; waste (including noils, yarn waste and garnetted stock), of artificial fibreses fell notably to $763 in 2022. Overall, imports showed a abrupt curtailment. The pace of growth was the most pronounced in 2020 when imports increased by 70% against the previous year. As a result, imports attained the peak of $1.7K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Guatemala (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico8511,4511,521499-16.3%
HondurasN/AN/A4.01563800.0%
United StatesN/A246N/AN/A0%
Others145N/AN/A108-9.4%
Total9961,6971,525763-8.5%

Top Suppliers of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres to Guatemala in 2022:

  1. Mexico (72.0 kg)
  2. Honduras (50.0 kg)

Source: IndexBox Market Intelligence Platform

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