Price for Safety Pins and Other Pins; of Iron or Steel in Guatemala - 2024

Contents:

1. Price for Safety Pins and Other Pins; of Iron or Steel in Guatemala (CIF) - 2022
2. Price for Safety Pins and Other Pins; of Iron or Steel in Guatemala (FOB) - 2022
3. Imports of Safety Pins and Other Pins; of Iron or Steel in Guatemala
4. Exports of Safety Pins and Other Pins; of Iron or Steel in Guatemala

Price for Safety Pins and Other Pins; of Iron or Steel in Guatemala (CIF) - 2022

In 2022, the average import price for safety pins and other pins; of iron or steels amounted to $3,836 per ton, declining by -14.3% against the previous year. Overall, the import price showed a noticeable contraction. The pace of growth was the most pronounced in 2017 an increase of 100%. As a result, import price attained the peak level of $6,584 per ton. From 2018 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hong Kong SAR ($18,053 per ton), while the price for China ($2,956 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+48.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Safety Pins and Other Pins; of Iron or Steel in Guatemala (FOB) - 2022

In 2022, the average export price for safety pins and other pins; of iron or steels amounted to $8,395 per ton, increasing by 118% against the previous year. In general, the export price, however, saw a abrupt slump. The most prominent rate of growth was recorded in 2018 an increase of 710%. As a result, the export price attained the peak level of $24,312 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was El Salvador ($9,940 per ton), while the average price for exports to Honduras ($2,500 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Honduras (+12.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Safety Pins and Other Pins; of Iron or Steel in Guatemala

In 2022, overseas purchases of safety pins and other pins; of iron or steels were finally on the rise to reach 26 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports continue to indicate strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of safety pins and other pins; of iron or steels surged to $101K in 2022. Overall, imports posted a buoyant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Safety Pins and Other Pins; of Iron or Steel to Guatemala in 2022:

1. China (23.6 tons)
2. Malaysia (1.1 tons)
3. Hong Kong SAR (0.7 tons)
4. Japan (0.6 tons)

Exports of Safety Pins and Other Pins; of Iron or Steel in Guatemala

In 2022, exports of safety pins and other pins; of iron or steels from Guatemala soared to 998 kg, increasing by 2,835% on 2021. Over the period under review, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of safety pins and other pins; of iron or steels surged to $8.4K in 2022. Overall, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Safety Pins and Other Pins; of Iron or Steel from Guatemala in 2022:

1. El Salvador (732.0 kg)
2. China (238.0 kg)
3. Panama (25.0 kg)
4. Honduras (2.0 kg)

Source: IndexBox Market Intelligence Platform