Price for Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Guatemala - 2024

Contents:

  1. Price for Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Guatemala (CIF) - 2024
  2. Price for Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Guatemala (FOB) - 2022
  3. Imports of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Guatemala
  4. Exports of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Guatemala

Price for Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Guatemala (CIF) - 2024

The average import price for glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses stood at $1.7 per unit in February 2024, increasing by 18% against the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in June 2023 an increase of 58% month-to-month. As a result, import price attained the peak level of $2.3 per unit. From July 2023 to February 2024, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In February 2024, the country with the highest price was Colombia ($1.8 per unit), while the price for Mexico ($348 per thousand units) was amongst the lowest.

From April 2023 to February 2024, the most notable rate of growth in terms of prices was attained by Colombia (+17.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Guatemala (FOB) - 2022

The average export price for glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses stood at $1.9 per unit in 2022, reducing by -15.4% against the previous year. Overall, the export price showed a abrupt slump. The growth pace was the most rapid in 2015 when the average export price increased by 24%. Over the period under review, the average export prices reached the peak figure at $3.7 per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Panama ($5.6 per unit), while the average price for exports to Costa Rica ($706 per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Dominican Republic (+24.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Guatemala

In 2022, imports of glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses into Guatemala contracted to 4.5M units, reducing by -8.1% against the previous year. In general, imports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 53%. Imports peaked at 5.2M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses reached $6.5M in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +5.9% 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 +90.7% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 78% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,2507881,9442,45525.2%
Mexico1,8101,9092,5792,3629.3%
United States15781.926433628.9%
Bulgaria49.3N/A38.128679.7%
Brazil39.052.556.816461.4%
Indonesia12376.836.91342.9%
Colombia7791.731572.5-54.7%
Costa Rica68749.51261.2-88.0%
Others6034647377165.9%
Total5,4973,4236,0976,5285.9%

Top Suppliers of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics to Guatemala in 2022:

  1. Mexico (2116.0K units)
  2. China (1636.1K units)
  3. Indonesia (160.3K units)
  4. Bulgaria (116.6K units)
  5. United States (104.1K units)
  6. Brazil (81.5K units)
  7. Colombia (49.3K units)
  8. Costa Rica (1.6K units)

Exports of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Guatemala

In 2022, approx. 249K units of glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses were exported from Guatemala; reducing by -27.9% compared with the previous year's figure. Over the period under review, exports, however, recorded noticeable growth. The pace of growth was the most pronounced in 2021 with an increase of 115% against the previous year. As a result, the exports reached the peak of 345K units, and then dropped markedly in the following year.

In value terms, exports of glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses shrank dramatically to $470K in 2022. In general, exports recorded a abrupt curtailment. The growth pace was the most rapid in 2021 with an increase of 157%. As a result, the exports reached the peak of $771K, and then shrank sharply in the following year.

Export of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
El Salvador16239.1219118-10.0%
Honduras27051.8184116-24.5%
Costa Rica11.549.986.895.1102.2%
Nicaragua19993.721275.9-27.5%
AustriaN/A31.1N/A36.38.0%
Panama69.513.543.010.6-46.6%
Others8.720.925.417.827.0%
Total722300771470-13.3%

Top Export Markets for Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics from Guatemala in 2022:

  1. Costa Rica (134.5K units)
  2. El Salvador (46.7K units)
  3. Honduras (34.9K units)
  4. Nicaragua (15.4K units)
  5. Austria (12.0K units)
  6. Panama (1.9K units)

Source: IndexBox Market Intelligence Platform

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