Price for Tents of Synthetic Fibres in Guatemala - 2023

Contents:

1. Price for Tents of Synthetic Fibres in Guatemala (CIF) - 2022
2. Price for Tents of Synthetic Fibres in Guatemala (FOB) - 2022
3. Imports of Tents of Synthetic Fibres in Guatemala
4. Exports of Tents of Synthetic Fibres in Guatemala

Price for Tents of Synthetic Fibres in Guatemala (CIF) - 2022

In 2022, the average tents of synthetic fibres import price amounted to $8,157 per ton, growing by 27% against the previous year. Over the period under review, import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, tents of synthetic fibres import price increased by +119.4% against 2018 indices. The most prominent rate of growth was recorded in 2019 an increase of 35% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.

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 Germany ($14,635 per ton), while the price for Bangladesh ($5,368 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+12.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tents of Synthetic Fibres in Guatemala (FOB) - 2022

The average tents of synthetic fibres export price stood at $4,444 per ton in 2022, jumping by 16% against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of 158%. As a result, the export price reached the peak level of $7,037 per ton. From 2021 to 2022, the average export prices remained at a 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 South Korea ($8,000 per ton), while the average price for exports to Spain ($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 South Korea (+21.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tents of Synthetic Fibres in Guatemala

In 2022, the amount of tents of synthetic fibreses imported into Guatemala skyrocketed to 141 tons, with an increase of 112% compared with the year before. Overall, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, tents of synthetic fibres imports surged to $1.1M in 2022. Over the period under review, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Tents of Synthetic Fibres to Guatemala in 2022:

1. Panama (undefined tons)
2. China (87.4 tons)
3. Germany (28.6 tons)
4. Bangladesh (12.5 tons)
5. United States (5.4 tons)
6. Mexico (3.9 tons)

Exports of Tents of Synthetic Fibres in Guatemala

In 2022, after three years of growth, there was significant decline in overseas shipments of tents of synthetic fibreses, when their volume decreased by -99.2% to 9 kg. Overall, exports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 4,222%. As a result, the exports reached the peak of 1.2 tons, and then shrank remarkably in the following year.

In value terms, tents of synthetic fibres exports declined rapidly to $40 in 2022. Over the period under review, exports, however, recorded a prominent increase. The pace of growth was the most pronounced in 2021 when exports increased by 2,258% against the previous year. As a result, the exports attained the peak of $4.5K, and then shrank remarkably in the following year.

Top Export Markets for Tents of Synthetic Fibres from Guatemala in 2022:

1. Honduras (4.0 kg)
2. Colombia (3.0 kg)
3. South Korea (1.0 kg)
4. Spain (1.0 kg)

Source: IndexBox Market Intelligence Platform