Price for Waste, Parings and Scrap, of Plastics in Guatemala - 2023
Contents:
- Price for Waste, Parings and Scrap, of Plastics in Guatemala (CIF) - 2022
- Price for Waste, Parings and Scrap, of Plastics in Guatemala (FOB) - 2022
- Imports of Waste, Parings and Scrap, of Plastics in Guatemala
- Exports of Waste, Parings and Scrap, of Plastics in Guatemala
Price for Waste, Parings and Scrap, of Plastics in Guatemala (CIF) - 2022
In 2022, the average import price for waste, parings and scrap, of plasticses amounted to $979 per ton, increasing by 15% against the previous year. Over the period under review, import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +4.0% 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 waste, parings and scrap, of plasticses increased by +78.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 55% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the near future.
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 ($1,063 per ton), while the price for El Salvador ($547 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 (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Waste, Parings and Scrap, of Plastics in Guatemala (FOB) - 2022
The average export price for waste, parings and scrap, of plasticses stood at $323 per ton in 2022, rising by 37% against the previous year. Overall, the export price, however, saw a pronounced decrease. The most prominent rate of growth was recorded in 2017 when the average export price increased by 37%. Over the period under review, the average export prices attained the maximum at $496 per ton in 2012; however, from 2013 to 2022, the export prices stood 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 the United States ($756 per ton), while the average price for exports to Malaysia ($40 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 Indonesia (+45.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Waste, Parings and Scrap, of Plastics in Guatemala
In 2022, imports of waste, parings and scrap, of plasticses into Guatemala surged to 10K tons, growing by 197% against 2021 figures. Overall, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of waste, parings and scrap, of plasticses soared to $9.8M in 2022. Over the period under review, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Waste, Parings and Scrap, of Plastics in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Nicaragua | 291 | 47.3 | 11.5 | 5,695 | 169.5% |
| United States | 1,505 | 1,266 | 2,426 | 3,747 | 35.5% |
| Dominican Republic | 99.1 | 165 | 194 | 88.5 | -3.7% |
| El Salvador | 4.5 | 2.1 | 21.8 | 83.3 | 164.5% |
| Others | 60.1 | 25.8 | 226 | 227 | 55.7% |
| Total | 1,960 | 1,506 | 2,879 | 9,840 | 71.2% |
Top Suppliers of Waste, Parings and Scrap, of Plastics to Guatemala in 2022:
- Nicaragua (6.0K tons)
- United States (3.5K tons)
- El Salvador (0.2K tons)
- Dominican Republic (0.1K tons)
Exports of Waste, Parings and Scrap, of Plastics in Guatemala
In 2022, the amount of waste, parings and scrap, of plasticses exported from Guatemala contracted sharply to 6.1K tons, declining by -25.5% against 2021 figures. Over the period under review, exports recorded a abrupt slump. The most prominent rate of growth was recorded in 2021 when exports increased by 45% against the previous year. As a result, the exports reached the peak of 8.2K tons, and then contracted rapidly in the following year.
In value terms, exports of waste, parings and scrap, of plasticses expanded slightly to $2M in 2022. In general, exports saw a slight decline. The pace of growth was the most pronounced in 2021 when exports increased by 29% against the previous year.
| Export of Waste, Parings and Scrap, of Plastics in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| El Salvador | 202 | 248 | 159 | 509 | 36.1% |
| United States | 776 | 563 | 511 | 352 | -23.2% |
| Honduras | 94.3 | 89.0 | 155 | 350 | 54.8% |
| Germany | 115 | 57.0 | 156 | 176 | 15.2% |
| Brazil | N/A | 143 | 124 | 152 | 3.1% |
| Mexico | 46.4 | 56.5 | 338 | 144 | 45.9% |
| Italy | 56.9 | 43.5 | 61.8 | 77.2 | 10.7% |
| Malaysia | 32.0 | 38.2 | 53.8 | 29.7 | -2.5% |
| India | 71.3 | 4.6 | 27.6 | 26.5 | -28.1% |
| Ecuador | 78.0 | 56.0 | 25.1 | 26.0 | -30.7% |
| Taiwan (Chinese) | 13.6 | N/A | 0.5 | 1.0 | -58.1% |
| China | 92.6 | 7.1 | N/A | N/A | -92.3% |
| Turkey | N/A | 5.3 | 2.3 | N/A | -56.6% |
| Others | 496 | 186 | 319 | 132 | -35.7% |
| Total | 2,072 | 1,498 | 1,934 | 1,975 | -1.6% |
Top Export Markets for Waste, Parings and Scrap, of Plastics from Guatemala in 2022:
- Brazil (1030.9 tons)
- Honduras (810.9 tons)
- Malaysia (738.2 tons)
- Mexico (697.7 tons)
- El Salvador (685.1 tons)
- United States (466.2 tons)
- Germany (460.2 tons)
- Ecuador (351.9 tons)
- Italy (310.1 tons)
- India (140.6 tons)
- Taiwan (Chinese) (44.3 tons)
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