Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Guatemala - 2023
Contents:
- Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Guatemala (FOB) - 2022
- Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Guatemala (CIF) - 2022
- Exports of Wadding; Other Articles Thereof, of Man-Made Fibres in Guatemala
- Imports of Wadding; Other Articles Thereof, of Man-Made Fibres in Guatemala
Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Guatemala (FOB) - 2022
In 2022, the average export price for wadding; other articles thereof, of man-made fibreses amounted to $3,636 per ton, rising by 5.9% against the previous year. Overall, the export price saw a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Nicaragua ($4,125 per ton) and El Salvador ($3,720 per ton), while the average price for exports to Honduras ($3,330 per ton) and Costa Rica ($3,711 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Costa Rica (+0.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Guatemala (CIF) - 2022
In 2022, the average import price for wadding; other articles thereof, of man-made fibreses amounted to $1,654 per ton, surging by 10% against the previous year. In general, the import price, however, showed a deep reduction. The most prominent rate of growth was recorded in 2016 an increase of 129% against the previous year. The import price peaked at $6,196 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 Mexico ($8,439 per ton), while the price for China totaled $1,023 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.7%).
Exports of Wadding; Other Articles Thereof, of Man-Made Fibres in Guatemala
Exports of wadding; other articles thereof, of man-made fibreses from Guatemala contracted to 68 tons in 2022, falling by -12.3% compared with 2021 figures. In general, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 48% against the previous year. As a result, the exports attained the peak of 77 tons, and then declined in the following year.
In value terms, exports of wadding; other articles thereof, of man-made fibreses fell to $246K in 2022. Over the period under review, total exports indicated a temperate increase from 2019 to 2022: its value increased at an average annual rate of +4.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +43.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 55%. As a result, the exports reached the peak of $265K, and then dropped in the following year.
| Export of Wadding; Other Articles Thereof, of Man-Made Fibres in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Costa Rica | 129 | 97.2 | 124 | 113 | -4.3% |
| El Salvador | 35.1 | 20.4 | 66.2 | 58.9 | 18.8% |
| Honduras | 49.6 | 52.7 | 68.8 | 58.6 | 5.7% |
| Nicaragua | N/A | 0.7 | 6.2 | 15.2 | 366.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 213 | 171 | 265 | 246 | 4.9% |
Top Export Markets for Wadding; Other Articles Thereof, of Man-Made Fibres from Guatemala in 2022:
- Costa Rica (30.5 tons)
- Honduras (17.6 tons)
- El Salvador (15.8 tons)
- Nicaragua (3.7 tons)
Imports of Wadding; Other Articles Thereof, of Man-Made Fibres in Guatemala
In 2022, approx. 89 tons of wadding; other articles thereof, of man-made fibreses were imported into Guatemala; picking up by 74% against the year before. In general, imports continue to indicate a resilient increase. The pace of growth appeared the most rapid in 2021 with an increase of 239%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the near future.
In value terms, imports of wadding; other articles thereof, of man-made fibreses soared to $147K in 2022. Overall, imports posted a modest expansion. The pace of growth appeared the most rapid in 2021 with an increase of 180% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.
| Import of Wadding; Other Articles Thereof, of Man-Made Fibres in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 59.7 | 16.2 | 53.9 | 88.4 | 14.0% |
| Mexico | 66.8 | 0.8 | 0.7 | 0.9 | -76.2% |
| Others | 14.7 | 10.5 | 22.4 | 57.9 | 57.9% |
| Total | 141 | 27.5 | 76.9 | 147 | 1.4% |
Top Suppliers of Wadding; Other Articles Thereof, of Man-Made Fibres to Guatemala in 2022:
- China (86.4 tons)
- Mexico (0.1 tons)
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