Price for Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Guatemala - 2024

Contents:

1. Price for Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Guatemala (CIF) - 2022
2. Price for Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Guatemala (FOB) - 2022
3. Imports of Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Guatemala
4. Exports of Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Guatemala

Price for Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Guatemala (CIF) - 2022

The average import price for twine, cordage or rope; knotted netting, of other than man-made textileses stood at $3,620 per ton in 2022, growing by 5.5% against the previous year. In general, the import price, however, faced a deep reduction. The pace of growth was the most pronounced in 2018 when the average import price increased by 74% against the previous year. The import price peaked at $11,223 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 ($20,216 per ton), while the price for China ($2,946 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+10.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Guatemala (FOB) - 2022

In 2022, the average export price for twine, cordage or rope; knotted netting, of other than man-made textileses amounted to $4,097 per ton, falling by -7.9% against the previous year. In general, the export price showed a noticeable shrinkage. The most prominent rate of growth was recorded in 2013 when the average export price increased by 63%. As a result, the export price reached the peak level of $10,889 per ton. From 2014 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 Honduras ($6,544 per ton), while the average price for exports to Costa Rica ($960 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 Honduras (-0.5%), while the prices for the other major destinations experienced a decline.

Imports of Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Guatemala

In 2022, the amount of twine, cordage or rope; knotted netting, of other than man-made textileses imported into Guatemala soared to 142 tons, growing by 46% on the previous year. In general, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 170% against the previous year. As a result, imports attained the peak of 152 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of twine, cordage or rope; knotted netting, of other than man-made textileses skyrocketed to $515K in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +10.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -13.8% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 55%. As a result, imports attained the peak of $598K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Top Suppliers of Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles to Guatemala in 2022:

1. China (84.9 tons)
2. Taiwan (Chinese) (54.5 tons)
3. United States (1.5 tons)
4. Mexico (0.1 tons)

Exports of Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Guatemala

For the fourth consecutive year, Guatemala recorded growth in shipments abroad of twine, cordage or rope; knotted netting, of other than man-made textileses, which increased by 97% to 115 tons in 2022. Over the period under review, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of twine, cordage or rope; knotted netting, of other than man-made textileses skyrocketed to $470K in 2022. Overall, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles from Guatemala in 2022:

1. El Salvador (108.1 tons)
2. Honduras (6.4 tons)

Source: IndexBox Market Intelligence Platform