Price for Sanitary Ware and Parts Thereof, of Iron or Steel in Guatemala - 2024

Contents:

1. Price for Sanitary Ware and Parts Thereof, of Iron or Steel in Guatemala (CIF) - 2022
2. Price for Sanitary Ware and Parts Thereof, of Iron or Steel in Guatemala (FOB) - 2022
3. Imports of Sanitary Ware and Parts Thereof, of Iron or Steel in Guatemala
4. Exports of Sanitary Ware and Parts Thereof, of Iron or Steel in Guatemala

Price for Sanitary Ware and Parts Thereof, of Iron or Steel in Guatemala (CIF) - 2022

In 2022, the average import price for sanitary ware and parts thereof, of iron or steel amounted to $7.8 per unit, rising by 8.6% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 25%. Over the period under review, average import prices attained the maximum at $7.9 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 Taiwan (Chinese) ($17 per unit), while the price for Spain ($4 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Sanitary Ware and Parts Thereof, of Iron or Steel in Guatemala (FOB) - 2022

The average export price for sanitary ware and parts thereof, of iron or steel stood at $5.5 per unit in 2022, rising by 23% against the previous year. In general, the export price, however, saw a abrupt descent. The export price peaked at $9.5 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Costa Rica ($16 per unit), while the average price for exports to the United States ($1.3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Jamaica (+9.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Sanitary Ware and Parts Thereof, of Iron or Steel in Guatemala

In 2022, after three years of growth, there was significant decline in supplies from abroad of sanitary ware and parts thereof, of iron or steel, when their volume decreased by -5.4% to 728K units. Overall, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +11.7% 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 +39.5% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 33%. As a result, imports attained the peak of 770K units, and then reduced in the following year.

In value terms, imports of sanitary ware and parts thereof, of iron or steel rose modestly to $5.7M in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +18.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +67.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 63% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the near future.

Top Suppliers of Sanitary Ware and Parts Thereof, of Iron or Steel to Guatemala in 2022:

1. China (386.2K units)
2. Mexico (210.2K units)
3. United States (32.7K units)
4. Brazil (28.5K units)
5. Spain (14.0K units)
6. Malaysia (11.5K units)
7. Taiwan (Chinese) (10.1K units)
8. Costa Rica (0.8K units)

Exports of Sanitary Ware and Parts Thereof, of Iron or Steel in Guatemala

In 2022, approx. 74K units of sanitary ware and parts thereof, of iron or steel were exported from Guatemala; picking up by 3.3% compared with 2021. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +19.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +71.5% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 31% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to continue growth in the near future.

In value terms, exports of sanitary ware and parts thereof, of iron or steel skyrocketed to $404K in 2022. Over the period under review, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +19.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +71.7% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Sanitary Ware and Parts Thereof, of Iron or Steel from Guatemala in 2022:

1. El Salvador (43.0K units)
2. Honduras (12.6K units)
3. Costa Rica (11.4K units)
4. United States (2.1K units)
5. Jamaica (1.2K units)
6. Nicaragua (1.2K units)
7. Belize (0.6K units)

Source: IndexBox Market Intelligence Platform