Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Guatemala - 2024
Contents:
- Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Guatemala (CIF) - 2022
- Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Guatemala (FOB) - 2022
- Imports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Guatemala
- Exports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Guatemala
Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Guatemala (CIF) - 2022
In 2022, the average import price for tube or pipe butt welding fittings, other than stainless steels amounted to $2,925 per ton, growing by 31% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 61% against the previous year. As a result, import price attained the peak level of $3,203 per ton. From 2021 to 2022, the average import prices remained 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 the United States ($13,524 per ton), while the price for China stood at $2,404 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+6.3%).
Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Guatemala (FOB) - 2022
In 2022, the average export price for tube or pipe butt welding fittings, other than stainless steels amounted to $2,722 per ton, picking up by 37% against the previous year. In general, the export price saw a resilient increase. The most prominent rate of growth was recorded in 2013 an increase of 70% against the previous year. The export price peaked at $3,401 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belize ($6,159 per ton), while the average price for exports to Honduras ($2,119 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 Nicaragua (+18.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Guatemala
In 2022, approx. 144 tons of tube or pipe butt welding fittings, other than stainless steels were imported into Guatemala; waning by -25.4% against the previous year's figure. Overall, imports saw a abrupt setback. The most prominent rate of growth was recorded in 2021 when imports increased by 42%.
In value terms, imports of tube or pipe butt welding fittings, other than stainless steels declined slightly to $422K in 2022. In general, imports saw a slight slump. The smallest decline of -0.7% was in 2021.
| Import of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 292 | 147 | 367 | 329 | 4.1% |
| United States | 114 | 105 | 47.5 | 65.9 | -16.7% |
| Mexico | 24.5 | 117 | 1.9 | 11.6 | -22.1% |
| El Salvador | 1.6 | 5.8 | 12.8 | N/A | 182.8% |
| Others | 6.4 | 60.2 | 3.1 | 15.3 | 33.7% |
| Total | 439 | 436 | 433 | 422 | -1.3% |
Top Suppliers of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel to Guatemala in 2022:
- China (136.8 tons)
- United States (4.9 tons)
- Mexico (1.2 tons)
Exports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Guatemala
In 2022, shipments abroad of tube or pipe butt welding fittings, other than stainless steels decreased by -9% to 33 tons, falling for the second year in a row after two years of growth. Over the period under review, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +5.1% 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 decreased by -23.5% against 2020 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 52%. As a result, the exports reached the peak of 43 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of tube or pipe butt welding fittings, other than stainless steels surged to $89K in 2022. In general, exports, however, recorded a significant expansion. The growth pace was the most rapid in 2021 with an increase of 33%. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Nicaragua | 27.2 | 20.6 | 17.3 | 30.4 | 3.8% |
| El Salvador | 5.8 | 9.3 | 12.0 | 23.3 | 59.0% |
| Honduras | 10.7 | 6.2 | 20.1 | 17.3 | 17.4% |
| Costa Rica | 1.0 | 2.6 | 11.1 | 17.0 | 157.1% |
| Belize | 0.2 | N/A | 11.1 | 1.0 | 71.0% |
| Jamaica | N/A | 15.0 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | 0.1 | 0% |
| Total | 45.0 | 53.8 | 71.6 | 89.0 | 25.5% |
Top Export Markets for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel from Guatemala in 2022:
- Nicaragua (9.5 tons)
- Honduras (8.2 tons)
- Costa Rica (7.8 tons)
- El Salvador (7.0 tons)
- Belize (0.2 tons)
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