Price for Wool, or Fine or Coarse Animal Hair; Garnetted Stock in Guatemala - 2022

Contents:

1. Price for Wool, or Fine or Coarse Animal Hair; Garnetted Stock in Guatemala (FOB) - 2022
2. Price for Wool, or Fine or Coarse Animal Hair; Garnetted Stock in Guatemala (CIF) - 2022
3. Exports of Wool, or Fine or Coarse Animal Hair; Garnetted Stock in Guatemala
4. Imports of Wool, or Fine or Coarse Animal Hair; Garnetted Stock in Guatemala

Price for Wool, or Fine or Coarse Animal Hair; Garnetted Stock in Guatemala (FOB) - 2022

The average export price for wool, or fine or coarse animal hair; garnetted stock stood at $942 per ton in 2022, increasing by 67% against the previous year. In general, the export price, however, continues to indicate a significant contraction. Over the period under review, the average export prices hit record highs at $1,710 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Honduras.

From 2020 to 2022, the rate of growth in terms of prices for Honduras amounted to -25.8% per year.

Price for Wool, or Fine or Coarse Animal Hair; Garnetted Stock in Guatemala (CIF) - 2022

In 2022, the average import price for wool, or fine or coarse animal hair; garnetted stock amounted to $10,250 per ton, with a decrease of -68% against the previous year. Over the period under review, the import price saw a precipitous setback. The growth pace was the most rapid in 2021 an increase of 23%. Over the period under review, average import prices reached the peak figure at $38,000 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2019 to 2022, the rate of growth in terms of prices for the United States amounted to -35.4% per year.

Exports of Wool, or Fine or Coarse Animal Hair; Garnetted Stock in Guatemala

In 2022, the amount of wool, or fine or coarse animal hair; garnetted stock exported from Guatemala surged to 240 kg, rising by 1,400% against 2021. Overall, exports recorded a remarkable increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of wool, or fine or coarse animal hair; garnetted stock soared to $226 in 2022. Over the period under review, exports, however, showed a precipitous decrease.

Top Export Markets for Wool, or Fine or Coarse Animal Hair; Garnetted Stock from Guatemala in 2022:

1. Honduras (240.0 kg)

Imports of Wool, or Fine or Coarse Animal Hair; Garnetted Stock in Guatemala

In 2022, imports of wool, or fine or coarse animal hair; garnetted stock into Guatemala surged to 4 kg, picking up by 300% compared with 2021 figures. Overall, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of wool, or fine or coarse animal hair; garnetted stock skyrocketed to $41 in 2022. In general, total imports indicated a measured increase from 2019 to 2022: its value increased at an average annual rate of +2.6% 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 +57.7% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Wool, or Fine or Coarse Animal Hair; Garnetted Stock to Guatemala in 2022:

1. United States (4.0 kg)

Source: IndexBox Market Intelligence Platform