Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Guatemala - 2023
Contents:
- Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Guatemala (CIF) - 2022
- Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Guatemala (FOB) - 2022
- Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Guatemala
- Exports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Guatemala
Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Guatemala (CIF) - 2022
The average import price for rubber; vulcanised, conveyor belts or belting, reinforced only with metals stood at $17,400 per ton in 2022, waning by -20.7% against the previous year. Overall, import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for rubber; vulcanised, conveyor belts or belting, reinforced only with metals increased by +58.7% against 2018 indices. The growth pace was the most rapid in 2014 when the average import price increased by 65%. The import price peaked at $21,948 per ton in 2021, and then reduced rapidly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($18,821 per ton), while the price for the United States ($5,850 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Panama (+18.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Guatemala (FOB) - 2022
In 2022, the average export price for rubber; vulcanised, conveyor belts or belting, reinforced only with metals amounted to $25,818 per ton, falling by -31.6% against the previous year. In general, export price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 when the average export price increased by 56%. The export price peaked at $37,764 per ton in 2021, and then contracted notably in the following year.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was El Salvador ($35,125 per ton), while the average price for exports to Costa Rica ($1,000 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 El Salvador (-8.3%), while the prices for the other major destinations experienced a decline.
Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Guatemala
In 2022, the amount of rubber; vulcanised, conveyor belts or belting, reinforced only with metals imported into Guatemala surged to 9.4 tons, increasing by 250% compared with the previous year's figure. In general, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of rubber; vulcanised, conveyor belts or belting, reinforced only with metals skyrocketed to $163K in 2022. Overall, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1.6 | 2.7 | 7.9 | 144 | 348.1% |
| United States | 1.2 | 2.0 | 1.0 | 5.1 | 62.0% |
| Mexico | 1.8 | 1.4 | 0.9 | 3.1 | 19.9% |
| China | 0.2 | 0.2 | 0.1 | 2.9 | 143.8% |
| Netherlands | 2.4 | 2.8 | 1.4 | 2.5 | 1.4% |
| India | 2.6 | 0.3 | 0.6 | 1.0 | -27.3% |
| United Kingdom | 2.4 | 3.2 | 6.2 | N/A | 60.7% |
| Japan | 3.3 | 1.5 | 2.3 | N/A | -16.5% |
| Italy | 3.9 | 2.6 | 1.3 | N/A | -42.3% |
| Others | 4.7 | 6.5 | 37.1 | 4.5 | -1.4% |
| Total | 24.0 | 23.2 | 58.9 | 163 | 89.4% |
Top Suppliers of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal to Guatemala in 2022:
- Germany (7.7 tons)
- United States (0.9 tons)
- China (0.4 tons)
- Mexico (0.2 tons)
- Netherlands (0.1 tons)
- India (0.1 tons)
Exports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Guatemala
In 2022, overseas shipments of rubber; vulcanised, conveyor belts or belting, reinforced only with metals decreased by -97.9% to 11 kg, falling for the second year in a row after two years of growth. Overall, exports faced a sharp curtailment. The growth pace was the most rapid in 2020 with an increase of 910% against the previous year. As a result, the exports attained the peak of 1 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of rubber; vulcanised, conveyor belts or belting, reinforced only with metals fell significantly to $284 in 2022. Over the period under review, exports showed a precipitous shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 1,321% against the previous year. As a result, the exports attained the peak of $39K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| El Salvador | 2.5 | 35.4 | 19.4 | 0.3 | -50.7% |
| Belize | 0.2 | 3.2 | N/A | N/A | 1500.0% |
| Costa Rica | N/A | N/A | N/A | N/A | 0% |
| Honduras | N/A | 0.1 | 0.1 | N/A | 0.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2.7 | 38.7 | 19.5 | 0.3 | -51.9% |
Top Export Markets for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Metal from Guatemala in 2022:
- El Salvador (8.0 kg)
- Belize (1.0 kg)
- Honduras (1.0 kg)
- Costa Rica (1.0 kg)
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