Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Guatemala - 2023
Contents:
- Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Guatemala (CIF) - 2022
- Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Guatemala (FOB) - 2022
- Imports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Guatemala
- Exports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Guatemala
Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Guatemala (CIF) - 2022
In 2022, the average import price for rubber amounted to $8,825 per ton, surging by 46% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 118%. As a result, import price reached the peak level of $27,518 per ton. From 2015 to 2022, the average import prices remained at a lower figure.
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 ($47,941 per ton), while the price for Mexico ($3,932 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 (+12.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Guatemala (FOB) - 2022
The average export price for rubber stood at $3,314 per ton in 2022, reducing by -25.8% against the previous year. In general, the export price recorded a deep setback. The pace of growth appeared the most rapid in 2021 when the average export price increased by 165% against the previous year. Over the period under review, the average export prices reached the peak figure at $14,134 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Honduras ($3,966 per ton), while the average price for exports to Costa Rica totaled $3,194 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Costa Rica (+1.9%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Guatemala
In 2022, the amount of rubber imported into Guatemala reduced to 21 tons, shrinking by -12.5% compared with the previous year's figure. Overall, imports, however, showed a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 517% against the previous year. As a result, imports attained the peak of 24 tons, and then contracted in the following year.
In value terms, imports of rubber surged to $184K in 2022. In general, imports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 87% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in years to come.
| Import of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 3.1 | 3.7 | 78.1 | 55.4 | 161.4% |
| China | N/A | N/A | 4.1 | 43.2 | 953.7% |
| United States | 47.0 | 38.5 | 29.0 | 41.3 | -4.2% |
| Panama | 0.4 | 0.1 | N/A | 4.5 | 124.1% |
| Germany | 2.2 | 0.1 | 19.5 | 1.4 | -14.0% |
| Spain | 27.8 | 1.4 | 0.2 | 0.5 | -73.8% |
| El Salvador | 3.0 | 5.1 | N/A | N/A | 70.0% |
| Others | 11.3 | 28.2 | 13.4 | 37.5 | 49.2% |
| Total | 94.6 | 77.2 | 144 | 184 | 24.8% |
Top Suppliers of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres to Guatemala in 2022:
- Mexico (14.1 tons)
- China (4.7 tons)
- Panama (1.0 tons)
- United States (0.9 tons)
- Germany (0.1 tons)
Exports of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Guatemala
In 2022, exports of rubber from Guatemala fell rapidly to 4.5 tons, with a decrease of -59.1% compared with the previous year. In general, exports continue to indicate a sharp slump. The pace of growth was the most pronounced in 2021 with an increase of 6,107% against the previous year.
In value terms, exports of rubber plummeted to $15K in 2022. Overall, exports continue to indicate a significant decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 16,328% against the previous year. As a result, the exports reached the peak of $50K, and then shrank dramatically in the following year.
| Export of Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Costa Rica | 38.2 | N/A | 8.3 | 12.2 | -31.6% |
| Honduras | 1.2 | 0.3 | 2.0 | 2.8 | 32.6% |
| El Salvador | N/A | N/A | 1.5 | N/A | 0% |
| Mexico | N/A | N/A | 37.8 | N/A | 0% |
| Others | 0.2 | N/A | N/A | N/A | 0% |
| Total | 39.6 | 0.3 | 49.6 | 15.0 | -27.6% |
Top Export Markets for Rubber; Unvulcanised, Other than "Camel Back" Strips for Retreading Rubber Tyres from Guatemala in 2022:
- Costa Rica (3.8 tons)
- Honduras (0.7 tons)
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