Price for Wadding; Other Articles Thereof, of Cotton in Guatemala - 2024
Contents:
- Price for Wadding; Other Articles Thereof, of Cotton in Guatemala (CIF) - 2022
- Price for Wadding; Other Articles Thereof, of Cotton in Guatemala (FOB) - 2022
- Imports of Wadding; Other Articles Thereof, of Cotton in Guatemala
- Exports of Wadding; Other Articles Thereof, of Cotton in Guatemala
Price for Wadding; Other Articles Thereof, of Cotton in Guatemala (CIF) - 2022
The average import price for wadding; other articles thereof, of cotta stood at $3,783 per ton in 2022, dropping by -2.8% against the previous year. Overall, the import price recorded a slight decline. The pace of growth was the most pronounced in 2019 an increase of 70% against the previous year. The import price peaked at $4,441 per ton 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 Mexico ($8,517 per ton), while the price for China ($1,168 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wadding; Other Articles Thereof, of Cotton in Guatemala (FOB) - 2022
The average export price for wadding; other articles thereof, of cotta stood at $2,756 per ton in 2022, which is down by -67.1% against the previous year. In general, the export price saw a abrupt shrinkage. The growth pace was the most rapid in 2015 when the average export price increased by 46% against the previous year. The export price peaked at $9,000 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Honduras ($5,528 per ton), while the average price for exports to Cuba ($625 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 El Salvador (+35.0%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Wadding; Other Articles Thereof, of Cotton in Guatemala
In 2022, overseas purchases of wadding; other articles thereof, of cotta decreased by -5.8% to 359 tons, falling for the second consecutive year after two years of growth. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +15.0% 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 -11.0% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 71%. As a result, imports reached the peak of 404 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of wadding; other articles thereof, of cotta shrank to $1.4M in 2022. Overall, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +21.0% 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 +77.1% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 61% against the previous year.
| Import of Wadding; Other Articles Thereof, of Cotton in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 389 | 628 | 797 | 983 | 36.2% |
| China | 212 | 320 | 268 | 230 | 2.8% |
| United States | 31.1 | 48.7 | 116 | 74.2 | 33.6% |
| Turkey | 20.0 | 17.0 | 91.5 | 34.7 | 20.2% |
| Thailand | 26.7 | 54.7 | 67.2 | N/A | 58.6% |
| El Salvador | 14.8 | 102 | 52.6 | N/A | 88.5% |
| Others | 74.1 | 66.4 | 91.5 | 36.5 | -21.0% |
| Total | 767 | 1,238 | 1,484 | 1,359 | 21.0% |
Top Suppliers of Wadding; Other Articles Thereof, of Cotton to Guatemala in 2022:
- China (197.3 tons)
- Mexico (115.4 tons)
- United States (35.1 tons)
- Turkey (5.9 tons)
Exports of Wadding; Other Articles Thereof, of Cotton in Guatemala
In 2022, after two years of decline, there was significant growth in shipments abroad of wadding; other articles thereof, of cotta, when their volume increased by 3,500% to 468 kg. In general, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of wadding; other articles thereof, of cotta skyrocketed to $1.3K in 2022. Over the period under review, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Wadding; Other Articles Thereof, of Cotton in Guatemala (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Costa Rica | N/A | N/A | N/A | 1,086 | 0% |
| Honduras | 10.0 | 126 | 109 | 199 | 171.0% |
| Cuba | N/A | N/A | N/A | 5.0 | 0% |
| El Salvador | 368 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 378 | 126 | 109 | 1,290 | 50.6% |
Top Export Markets for Wadding; Other Articles Thereof, of Cotton from Guatemala in 2022:
- Costa Rica (424.0 kg)
- Honduras (36.0 kg)
- Cuba (8.0 kg)
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