Price for Music, Printed or in Manuscript in Guatemala - 2023

Contents:

1. Price for Music, Printed or in Manuscript in Guatemala (CIF) - 2022
2. Price for Music, Printed or in Manuscript in Guatemala (FOB) - 2022
3. Imports of Music, Printed or in Manuscript in Guatemala
4. Exports of Music, Printed or in Manuscript in Guatemala

Price for Music, Printed or in Manuscript in Guatemala (CIF) - 2022

The average import price for music, printed or in manuscript, whether or not bound or illustrated stood at $7,556 per ton in 2022, shrinking by -32.9% against the previous year. Over the period under review, the import price, however, enjoyed pronounced growth. The growth pace was the most rapid in 2021 when the average import price increased by 121% against the previous year. As a result, import price attained the peak level of $11,260 per ton, and then contracted notably in the following year.

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 China ($10,302 per ton), while the price for Poland ($3,298 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+11.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Music, Printed or in Manuscript in Guatemala (FOB) - 2022

In 2022, the average export price for music, printed or in manuscript, whether or not bound or illustrated amounted to $19,310 per ton, with an increase of 14% against the previous year. In general, the export price, however, continues to indicate a perceptible contraction. The export price peaked at $30,856 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was El Salvador ($39,000 per ton), while the average price for exports to Panama ($17,143 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 Honduras (+8.8%), while the prices for the other major destinations experienced a decline.

Imports of Music, Printed or in Manuscript in Guatemala

In 2022, after two years of decline, there was significant growth in purchases abroad of music, printed or in manuscript, whether or not bound or illustrated, when their volume increased by 527% to 3.1 tons. Over the period under review, imports, however, showed a deep reduction.

In value terms, music, printed or in manuscript imports soared to $23K in 2022. In general, imports continue to indicate prominent growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Music, Printed or in Manuscript to Guatemala in 2022:

1. United States (2663.0 kg)
2. Poland (198.0 kg)
3. China (116.0 kg)

Exports of Music, Printed or in Manuscript in Guatemala

In 2022, shipments abroad of music, printed or in manuscript, whether or not bound or illustrated increased by 71% to 29 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, faced a sharp slump.

In value terms, music, printed or in manuscript exports surged to $560 in 2022. In general, exports, however, faced a sharp descent.

Top Export Markets for Music, Printed or in Manuscript from Guatemala in 2022:

1. Panama (7.0 kg)
2. Costa Rica (7.0 kg)
3. Nicaragua (6.0 kg)
4. El Salvador (5.0 kg)

Source: IndexBox Market Intelligence Platform