Price for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Guatemala - 2023

Contents:

1. Price for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Guatemala (FOB) - 2023
2. Price for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Guatemala (CIF) - 2022
3. Exports of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Guatemala
4. Imports of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Guatemala

Price for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Guatemala (FOB) - 2023

The average export price for tarpaulins, awnings and sunblinds of synthetic fibreses stood at $6,437 per ton in December 2023, with an increase of 14% against the previous month. In general, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in June 2023 when the average export price increased by 15% against the previous month. Over the period under review, the average export prices hit record highs at $7,482 per ton in July 2023; however, from August 2023 to December 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In December 2023, the country with the highest price was the Dominican Republic ($9,937 per ton), while the average price for exports to Nicaragua ($4,749 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Dominican Republic (+5.6%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Guatemala (CIF) - 2022

The average import price for tarpaulins, awnings and sunblinds of synthetic fibreses stood at $3,535 per ton in 2022, surging by 13% against the previous year. Overall, the import price, however, showed a mild setback. The growth pace was the most rapid in 2020 an increase of 26%. The import price peaked at $4,182 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mexico ($7,379 per ton), while the price for El Salvador ($2,904 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Guatemala

For the fourth year in a row, Guatemala recorded growth in shipments abroad of tarpaulins, awnings and sunblinds of synthetic fibreses, which increased by 8.7% to 1.4K tons in 2022. The total export volume increased at an average annual rate of +12.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 21% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of tarpaulins, awnings and sunblinds of synthetic fibreses skyrocketed to $8.8M in 2022. Overall, exports recorded a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 46% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Top Export Markets for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres from Guatemala in 2022:

1. United States (573.1 tons)
2. Mexico (404.4 tons)
3. Costa Rica (150.4 tons)
4. El Salvador (112.2 tons)
5. Nicaragua (64.2 tons)
6. Dominican Republic (28.2 tons)
7. Canada (20.2 tons)

Imports of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Guatemala

Imports of tarpaulins, awnings and sunblinds of synthetic fibreses into Guatemala fell remarkably to 475 tons in 2022, reducing by -19.4% compared with the previous year. Overall, imports, however, recorded a buoyant increase. The pace of growth appeared the most rapid in 2021 with an increase of 101% against the previous year. As a result, imports attained the peak of 589 tons, and then reduced remarkably in the following year.

In value terms, imports of tarpaulins, awnings and sunblinds of synthetic fibreses declined to $1.7M in 2022. Over the period under review, imports, however, showed a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 89% against the previous year. As a result, imports attained the peak of $1.8M, and then reduced in the following year.

Top Suppliers of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres to Guatemala in 2022:

1. China (438.2 tons)
2. United States (25.8 tons)
3. Mexico (4.1 tons)
4. El Salvador (0.3 tons)
5. Costa Rica (0.2 tons)

Source: IndexBox Market Intelligence Platform