Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Guatemala - 2024
Contents:
- Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Guatemala (FOB) - 2022
- Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Guatemala (CIF) - 2022
- Exports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Guatemala
- Imports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Guatemala
Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Guatemala (FOB) - 2022
In 2022, the average export price for wadding; other articles thereof, other than of cotton or man-made fibreses amounted to $3,949 per ton, increasing by 41% against the previous year. Over the last decade, it increased at an average annual rate of +1.1%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Costa Rica ($4,353 per ton), while the average price for exports to Nicaragua ($2,463 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 (+7.9%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Guatemala (CIF) - 2022
The average import price for wadding; other articles thereof, other than of cotton or man-made fibreses stood at $1,759 per ton in 2022, falling by -4.3% against the previous year. In general, import price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for wadding; other articles thereof, other than of cotton or man-made fibreses increased by +64.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 71%. Over the period under review, average import prices reached the maximum at $2,381 per ton in 2018; however, from 2019 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 ($2,594 per ton), while the price for China amounted to $1,244 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+11.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Guatemala
For the fourth consecutive year, Guatemala recorded growth in shipments abroad of wadding; other articles thereof, other than of cotton or man-made fibreses, which increased by 45% to 45 tons in 2022. Over the period under review, exports showed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 96%. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, exports of wadding; other articles thereof, other than of cotton or man-made fibreses surged to $177K in 2022. In general, exports showed a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 115%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Costa Rica | N/A | 16.2 | 30.3 | 110 | 160.6% |
| El Salvador | 25.4 | 23.1 | 52.1 | 59.6 | 32.9% |
| Nicaragua | N/A | 0.4 | 4.0 | 6.9 | 315.3% |
| Others | N/A | 0.5 | N/A | N/A | 0% |
| Total | 25.4 | 40.2 | 86.4 | 177 | 91.0% |
Top Export Markets for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres from Guatemala in 2022:
- Costa Rica (25.3 tons)
- El Salvador (16.6 tons)
- Nicaragua (2.8 tons)
Imports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Guatemala
In 2022, supplies from abroad of wadding; other articles thereof, other than of cotton or man-made fibreses decreased by -58.8% to 29 tons, falling for the second consecutive year after two years of growth. Overall, imports saw a abrupt contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 188%. As a result, imports attained the peak of 106 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of wadding; other articles thereof, other than of cotton or man-made fibreses shrank dramatically to $51K in 2022. In general, imports continue to indicate a slight reduction. The growth pace was the most rapid in 2020 with an increase of 110% against the previous year.
| Import of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 13.2 | 7.6 | 13.5 | 28.9 | 29.8% |
| China | 21.4 | 102 | 113 | 22.2 | 1.2% |
| El Salvador | 0.1 | 3.7 | 1.1 | 0.1 | 0.0% |
| Canada | 18.6 | N/A | N/A | N/A | 0% |
| Others | 0.9 | 0.8 | 2.6 | 0.1 | -51.9% |
| Total | 54.2 | 114 | 130 | 51.2 | -1.9% |
Top Suppliers of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres to Guatemala in 2022:
- China (17.8 tons)
- United States (11.1 tons)
- El Salvador (0.1 tons)
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