Price for Wood; Statuettes and Other Ornaments of Wood in Guatemala - 2022

Contents:

  1. Price for Wood; Statuettes and Other Ornaments of Wood in Guatemala (CIF) - 2022
  2. Price for Wood; Statuettes and Other Ornaments of Wood in Guatemala (FOB) - 2022
  3. Imports of Wood; Statuettes and Other Ornaments of Wood in Guatemala
  4. Exports of Wood; Statuettes and Other Ornaments of Wood in Guatemala

Price for Wood; Statuettes and Other Ornaments of Wood in Guatemala (CIF) - 2022

In 2022, the average import price for wood; statuettes and other ornaments of wood amounted to $6,759 per ton, dropping by -7.8% against the previous year. Over the last decade, it increased at an average annual rate of +1.1%. The pace of growth was the most pronounced in 2021 an increase of 20% against the previous year. As a result, import price reached the peak level of $7,329 per ton, and then reduced in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Panama ($10,057 per ton), while the price for Nicaragua ($2,440 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+2.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Wood; Statuettes and Other Ornaments of Wood in Guatemala (FOB) - 2022

In 2022, the average export price for wood; statuettes and other ornaments of wood amounted to $18,526 per ton, with an increase of 6.3% against the previous year. Over the period under review, the export price showed buoyant growth. The most prominent rate of growth was recorded in 2018 when the average export price increased by 56%. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($21,574 per ton), while the average price for exports to El Salvador ($1,657 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 the United States (+8.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wood; Statuettes and Other Ornaments of Wood in Guatemala

After two years of decline, supplies from abroad of wood; statuettes and other ornaments of wood increased by 2.4% to 70 tons in 2022. Overall, imports, however, showed a noticeable decrease.

In value terms, imports of wood; statuettes and other ornaments of wood shrank to $472K in 2022. Over the period under review, imports, however, showed a slight downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 13%. As a result, imports reached the peak of $500K, and then shrank in the following year.

Import of Wood; Statuettes and Other Ornaments of Wood in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China15899.62372018.4%
El Salvador1201981181220.6%
United States79.264.549.954.1-11.9%
Indonesia15.012.315.012.8-5.1%
Netherlands14.517.211.212.0-6.1%
Panama6.49.413.611.621.9%
Canada24.64.35.79.7-26.7%
Nicaragua0.80.58.16.8104.1%
Others69.638.742.542.6-15.1%
Total487444500472-1.0%

Top Suppliers of Wood; Statuettes and Other Ornaments of Wood to Guatemala in 2022:

  1. China (27.4 tons)
  2. El Salvador (19.0 tons)
  3. United States (9.3 tons)
  4. Indonesia (3.2 tons)
  5. Nicaragua (2.8 tons)
  6. Canada (2.1 tons)
  7. Netherlands (2.0 tons)
  8. Panama (1.1 tons)

Exports of Wood; Statuettes and Other Ornaments of Wood in Guatemala

In 2022, approx. 6.9 tons of wood; statuettes and other ornaments of wood were exported from Guatemala; stabilizing at 2021. Overall, exports saw a significant decrease.

In value terms, exports of wood; statuettes and other ornaments of wood rose markedly to $129K in 2022. Over the period under review, exports saw a perceptible descent.

Export of Wood; Statuettes and Other Ornaments of Wood in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States126122118122-1.1%
Honduras5.24.90.33.5-12.4%
Spain0.95.90.82.642.4%
Japan2.70.1N/AN/A-96.3%
Others3.12.42.70.2-59.9%
Total138136122129-2.2%

Top Export Markets for Wood; Statuettes and Other Ornaments of Wood from Guatemala in 2022:

  1. United States (5.7 tons)
  2. Honduras (1.0 tons)
  3. Spain (0.2 tons)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Free Data: Wood; statuettes and other ornaments of wood - Guatemala