Price for Monumental or Building Stone, Other than Granite and Sandstone in Guatemala - 2024

Contents:

  1. Price for Monumental or Building Stone, Other than Granite and Sandstone in Guatemala (CIF) - 2022
  2. Price for Monumental or Building Stone, Other than Granite and Sandstone in Guatemala (FOB) - 2022
  3. Imports of Monumental or Building Stone, Other than Granite and Sandstone in Guatemala
  4. Exports of Monumental or Building Stone, Other than Granite and Sandstone in Guatemala

Price for Monumental or Building Stone, Other than Granite and Sandstone in Guatemala (CIF) - 2022

The average import price for monumental or building stone, other than granite and sandstone stood at $17,639 per ton in 2022, with an increase of 1,568% against the previous year. Overall, the import price continues to indicate a significant expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 ($59,585 per ton), while the price for Honduras ($4,782 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+24.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Monumental or Building Stone, Other than Granite and Sandstone in Guatemala (FOB) - 2022

The average export price for monumental or building stone, other than granite and sandstone stood at $153 per ton in 2022, with a decrease of -41% against the previous year. In general, the export price, however, posted a resilient expansion. The pace of growth appeared the most rapid in 2017 an increase of 99%. The export price peaked at $259 per ton in 2021, and then contracted rapidly in the following year.

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 Costa Rica ($241 per ton), while the average price for exports to Honduras ($57 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 Panama (+48.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Monumental or Building Stone, Other than Granite and Sandstone in Guatemala

In 2022, overseas purchases of monumental or building stone, other than granite and sandstone decreased by -93.3% to 25 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports, however, posted a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 15,380%. As a result, imports attained the peak of 925 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of monumental or building stone, other than granite and sandstone rose remarkably to $438K in 2022. Overall, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 30,574% against the previous year. As a result, imports attained the peak of $1.1M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Monumental or Building Stone, Other than Granite and Sandstone in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
MexicoN/AN/AN/A1970%
United States3.5256322157255.3%
HondurasN/AN/AN/A2.00%
ChinaN/A879N/AN/A0%
IndiaN/AN/A73.0N/A0%
Others0.20.10.282.8645.3%
Total3.71,135395438391.0%

Top Suppliers of Monumental or Building Stone, Other than Granite and Sandstone to Guatemala in 2022:

  1. United States (20.9 tons)
  2. Mexico (3.3 tons)
  3. Honduras (0.4 tons)

Exports of Monumental or Building Stone, Other than Granite and Sandstone in Guatemala

In 2022, approx. 164 tons of monumental or building stone, other than granite and sandstone were exported from Guatemala; which is down by -27.3% on the previous year's figure. In general, exports continue to indicate a precipitous decline. The most prominent rate of growth was recorded in 2021 when exports increased by 3.5%.

In value terms, exports of monumental or building stone, other than granite and sandstone contracted markedly to $25K in 2022. Over the period under review, exports recorded a abrupt decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 74% against the previous year. As a result, the exports attained the peak of $58K, and then reduced sharply in the following year.

Export of Monumental or Building Stone, Other than Granite and Sandstone in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Costa Rica14.020.438.219.912.4%
Honduras10.35.05.83.0-33.7%
El Salvador9.58.314.52.1-39.5%
OthersN/AN/AN/AN/A0%
Total33.933.758.525.1-9.5%

Top Export Markets for Monumental or Building Stone, Other than Granite and Sandstone from Guatemala in 2022:

  1. Costa Rica (82.7 tons)
  2. Honduras (53.2 tons)
  3. El Salvador (28.5 tons)

Source: IndexBox Market Intelligence Platform

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