Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Guatemala - 2023
Contents:
- Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Guatemala (CIF) - 2022
- Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Guatemala (FOB) - 2022
- Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Guatemala
- Exports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Guatemala
Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Guatemala (CIF) - 2022
The average import price for rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses stood at $4,206 per ton in 2022, falling by -11.3% against the previous year. In general, the import price recorded a mild decline. The most prominent rate of growth was recorded in 2017 an increase of 21% against the previous year. Over the period under review, average import prices hit record highs at $5,955 per ton in 2018; however, from 2019 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 the United States ($11,230 per ton), while the price for China ($2,719 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 (+6.6%), 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 Textile Materials in Guatemala (FOB) - 2022
In 2022, the average export price for rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses amounted to $16,636 per ton, which is down by -13.3% against the previous year. In general, the export price, however, posted a prominent expansion. The pace of growth was the most pronounced in 2015 an increase of 77% against the previous year. Over the period under review, the average export prices attained the maximum at $19,184 per ton in 2021, and then fell in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was El Salvador ($17,657 per ton), while the average price for exports to Honduras ($6,764 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 (+8.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Guatemala
In 2022, the amount of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses imported into Guatemala shrank to 220 tons, falling by -8.1% on the previous year's figure. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +9.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 72%. As a result, imports reached the peak of 240 tons, and then declined in the following year.
In value terms, imports of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses declined notably to $927K in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +9.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +43.4% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 76% against the previous year. As a result, imports attained the peak of $1.1M, and then fell rapidly in the following year.
Import of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Guatemala (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 136 | 217 | 271 | 427 | 46.4% |
Spain | 163 | 129 | 195 | 127 | -8.0% |
United States | 140 | 111 | 116 | 120 | -5.0% |
Panama | N/A | 18.0 | 0.3 | 61.8 | 85.3% |
South Korea | 6.6 | 0.6 | 3.6 | 47.7 | 93.3% |
Mexico | 51.3 | 89.0 | 108 | 35.9 | -11.2% |
India | N/A | N/A | 12.6 | 33.2 | 163.5% |
Colombia | 0.6 | 9.5 | 323 | 0.7 | 5.3% |
Russia | 109 | N/A | N/A | N/A | 0% |
Others | 105 | 72.1 | 108 | 74.0 | -11.0% |
Total | 711 | 646 | 1,137 | 927 | 9.2% |
Top Suppliers of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials to Guatemala in 2022:
- China (157.2 tons)
- Spain (23.6 tons)
- United States (10.6 tons)
- India (9.0 tons)
- South Korea (6.2 tons)
- Panama (6.1 tons)
- Mexico (5.9 tons)
- Colombia (0.1 tons)
Exports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Guatemala
In 2022, exports of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses from Guatemala soared to 25 tons, rising by 150% against the year before. Overall, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 303% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, exports of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses soared to $424K in 2022. Over the period under review, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 253%. The exports peaked in 2022 and are likely to continue growth in years to come.
Export of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Guatemala (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
El Salvador | 14.5 | 49.5 | 167 | 391 | 199.9% |
Honduras | 1.4 | 1.0 | 13.8 | 18.5 | 136.4% |
Nicaragua | N/A | 4.8 | 4.8 | 3.3 | -17.1% |
Costa Rica | N/A | N/A | 9.4 | 2.2 | -76.6% |
Others | 0.2 | N/A | N/A | 8.7 | 251.7% |
Total | 16.1 | 55.3 | 195 | 424 | 197.5% |
Top Export Markets for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials from Guatemala in 2022:
- El Salvador (22.2 tons)
- Honduras (2.7 tons)
- Nicaragua (0.2 tons)
- Costa Rica (0.1 tons)
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