Price for Woven Fabrics of Artificial Staple Fibres in Guatemala - 2023
Contents:
- Price for Woven Fabrics of Artificial Staple Fibres in Guatemala (CIF) - 2023
- Price for Woven Fabrics of Artificial Staple Fibres in Guatemala (FOB) - 2022
- Imports of Woven Fabrics of Artificial Staple Fibres in Guatemala
- Exports of Woven Fabrics of Artificial Staple Fibres in Guatemala
Price for Woven Fabrics of Artificial Staple Fibres in Guatemala (CIF) - 2023
The average import price for woven fabrics of artificial staple fibres stood at $858 per thousand square meters in October 2023, reducing by -4.4% against the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 an increase of 22% against the previous month. The import price peaked at $914 per thousand square meters in December 2022; however, from January 2023 to October 2023, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In October 2023, the country with the highest price was China ($854 per thousand square meters), while the price for the United States stood at $823 per thousand square meters.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by the United States (+4.6%), while the prices for the other major suppliers experienced a decline.
Price for Woven Fabrics of Artificial Staple Fibres in Guatemala (FOB) - 2022
In 2022, the average export price for woven fabrics of artificial staple fibres amounted to $7.9 per square meter, rising by 31% against the previous year. Overall, export price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +9.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for woven fabrics of artificial staple fibres increased by +70.7% against 2019 indices. The most prominent rate of growth was recorded in 2013 an increase of 115%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see steady growth in years to come.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was El Salvador ($8 per square meter), while the average price for exports to the United States stood at $2.2 per square meter.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Honduras (+7.6%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Woven Fabrics of Artificial Staple Fibres in Guatemala
Imports of woven fabrics of artificial staple fibres into Guatemala surged to 5.9M square meters in 2022, with an increase of 28% against the year before. Over the period under review, imports, however, showed a deep downturn. Imports peaked at 8.2M square meters in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of woven fabrics of artificial staple fibres surged to $29M in 2022. In general, imports, however, showed a deep downturn. Imports peaked at $47M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
Import of Woven Fabrics of Artificial Staple Fibres in Guatemala (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 42.5 | 19.9 | 20.5 | 26.4 | -14.7% |
United States | 2.8 | 1.9 | 1.8 | 1.5 | -18.8% |
South Korea | N/A | N/A | 0.1 | 0.5 | 400.0% |
Vietnam | N/A | N/A | 0.1 | 0.3 | 200.0% |
Others | 1.2 | 0.5 | 1.3 | 0.4 | -30.7% |
Total | 46.6 | 22.4 | 23.8 | 29.1 | -14.5% |
Top Suppliers of Woven Fabrics of Artificial Staple Fibres to Guatemala in 2022:
- China (5.1M square meters)
- United States (0.4M square meters)
- South Korea (0.2M square meters)
- Vietnam (0.1M square meters)
Exports of Woven Fabrics of Artificial Staple Fibres in Guatemala
In 2022, approx. 230K square meters of woven fabrics of artificial staple fibres were exported from Guatemala; jumping by 52% against the previous year's figure. In general, exports enjoyed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 265%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, exports of woven fabrics of artificial staple fibres skyrocketed to $1.8M in 2022. Overall, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 374% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
Export of Woven Fabrics of Artificial Staple Fibres in Guatemala (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
El Salvador | 537 | 169 | 868 | 1,830 | 50.5% |
Mexico | N/A | N/A | 49.4 | N/A | 0% |
Others | 32.6 | 25.1 | 0.8 | 0.4 | -76.9% |
Total | 570 | 194 | 918 | 1,830 | 47.5% |
Top Export Markets for Woven Fabrics of Artificial Staple Fibres from Guatemala in 2022:
- El Salvador (230.1K square meters)
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