Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Guatemala - 2024

Contents:

1. Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Guatemala (CIF) - 2022
2. Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Guatemala (FOB) - 2022
3. Imports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Guatemala
4. Exports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Guatemala

Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Guatemala (CIF) - 2022

In 2022, the average import price for iron or steel cast fittings, other than of non-malleable cast ira amounted to $5,260 per ton, approximately equating the previous year. Over the last decade, it increased at an average annual rate of +4.1%. The most prominent rate of growth was recorded in 2014 an increase of 23% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in years to come.

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 the United States ($15,851 per ton), while the price for Thailand ($3,316 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+11.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Guatemala (FOB) - 2022

The average export price for iron or steel cast fittings, other than of non-malleable cast ira stood at $3,263 per ton in 2022, jumping by 38% against the previous year. In general, export price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for iron or steel cast fittings, other than of non-malleable cast ira increased by +107.2% against 2018 indices. The most prominent rate of growth was recorded in 2020 an increase of 64%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was El Salvador ($6,071 per ton), while the average price for exports to Nicaragua ($1,489 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 Belize (+38.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Guatemala

In 2022, imports of iron or steel cast fittings, other than of non-malleable cast ira into Guatemala dropped to 258 tons, declining by -11.6% compared with 2021. In general, imports faced a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 3.4%.

In value terms, imports of iron or steel cast fittings, other than of non-malleable cast ira dropped to $1.4M in 2022. Overall, imports showed a noticeable decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 19%. As a result, imports reached the peak of $1.5M, and then dropped in the following year.

Top Suppliers of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron to Guatemala in 2022:

1. China (153.4 tons)
2. Thailand (69.2 tons)
3. United States (21.5 tons)
4. Honduras (6.6 tons)
5. Mexico (2.8 tons)

Exports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Guatemala

In 2022, approx. 10 tons of iron or steel cast fittings, other than of non-malleable cast ira were exported from Guatemala; declining by -26.5% on the previous year. In general, exports continue to indicate a dramatic decline. The most prominent rate of growth was recorded in 2021 when exports increased by 192%.

In value terms, exports of iron or steel cast fittings, other than of non-malleable cast ira amounted to $33K in 2022. Over the period under review, exports faced a dramatic decline. The pace of growth was the most pronounced in 2021 when exports increased by 137%.

Top Export Markets for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron from Guatemala in 2022:

1. Nicaragua (5.1 tons)
2. Honduras (4.1 tons)
3. El Salvador (1.0 tons)

Source: IndexBox Market Intelligence Platform