Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Guatemala - 2023

Contents:

  1. Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Guatemala (CIF) - 2022
  2. Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Guatemala (FOB) - 2022
  3. Imports of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Guatemala
  4. Exports of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Guatemala

Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Guatemala (CIF) - 2022

In 2022, the average import price for press-fasteners, snap-fasteners, press-studs and parts therefor amounted to $9,248 per ton, with an increase of 14% against the previous year. In general, the import price, however, continues to indicate a abrupt setback. Over the period under review, average import prices reached the maximum at $18,858 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hong Kong SAR ($62,900 per ton), while the price for China ($4,375 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+8.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Guatemala (FOB) - 2022

The average export price for press-fasteners, snap-fasteners, press-studs and parts therefor stood at $2,532 per ton in 2022, falling by -38.1% against the previous year. Over the period under review, the export price continues to indicate a mild downturn. The most prominent rate of growth was recorded in 2013 an increase of 151% against the previous year. As a result, the export price reached the peak level of $7,059 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Honduras ($8,271 per ton), while the average price for exports to El Salvador amounted to $2,295 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nicaragua (+8.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Guatemala

In 2022, approx. 63 tons of press-fasteners, snap-fasteners, press-studs and parts therefor were imported into Guatemala; waning by -15.6% against the previous year. In general, imports continue to indicate a perceptible slump. The growth pace was the most rapid in 2021 when imports increased by 22% against the previous year. As a result, imports attained the peak of 75 tons, and then dropped dramatically in the following year.

In value terms, imports of press-fasteners, snap-fasteners, press-studs and parts therefor shrank to $582K in 2022. Overall, imports continue to indicate a noticeable reduction. The pace of growth was the most pronounced in 2021 with an increase of 11%.

Import of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China11087.924521224.4%
United States401329256188-22.3%
Colombia20.512.35.959.742.8%
Taiwan (Chinese)30.314.521.539.08.8%
Mexico1.023.118.937.3234.1%
Others10977.158.345.6-25.2%
Total672544605582-4.7%

Top Suppliers of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor to Guatemala in 2022:

  1. China (48.5 tons)
  2. United States (8.6 tons)
  3. Taiwan (Chinese) (2.5 tons)
  4. Colombia (1.5 tons)
  5. Mexico (1.1 tons)

Exports of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Guatemala

In 2022, exports of press-fasteners, snap-fasteners, press-studs and parts therefor from Guatemala soared to 3 tons, growing by 18% on the previous year's figure. In general, exports recorded a significant increase. The growth pace was the most rapid in 2021 when exports increased by 386% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of press-fasteners, snap-fasteners, press-studs and parts therefor contracted notably to $7.5K in 2022. Over the period under review, exports recorded buoyant growth. The pace of growth appeared the most rapid in 2021 with an increase of 216% against the previous year. As a result, the exports attained the peak of $10K, and then dropped significantly in the following year.

Export of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
El Salvador0.10.11.46.6304.1%
HondurasN/AN/A1.91.0-47.4%
Nicaragua2.03.26.6N/A81.7%
United States1.5N/A0.4N/A-48.4%
Mexico2.2N/AN/AN/A0%
Others0.3N/AN/AN/A0%
Total6.23.310.47.56.6%

Top Export Markets for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor from Guatemala in 2022:

  1. El Salvador (2.9 tons)
  2. Honduras (0.1 tons)

Source: IndexBox Market Intelligence Platform

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