Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Guatemala - 2023
Contents:
- Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Guatemala (CIF) - 2022
- Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Guatemala (FOB) - 2022
- Imports of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Guatemala
- Exports of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Guatemala
Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Guatemala (CIF) - 2022
The average import price for woven fabrics of combed wool or of combed fine animal hair stood at $8.5 per square meter in 2022, picking up by 13% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the average import price increased by 49%. The import price peaked at $9.1 per square meter in 2020; however, from 2021 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 ($14 per square meter), while the price for Mexico ($8.5 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+17.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Guatemala (FOB) - 2022
The average export price for woven fabrics of combed wool or of combed fine animal hair stood at $9 per square meter in 2022, growing by 8.5% against the previous year. Over the period under review, the export price posted noticeable growth. The most prominent rate of growth was recorded in 2021 when the average export price increased by 730% against the previous year. Over the period under review, the average export prices attained the maximum at $9.1 per square meter in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
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 ($11 per square meter), while the average price for exports to Honduras ($0.7 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+3.6%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Guatemala
In 2022, approx. 1.7M square meters of woven fabrics of combed wool or of combed fine animal hair were imported into Guatemala; increasing by 202% compared with 2021. In general, imports saw a strong increase. The most prominent rate of growth was recorded in 2021 when imports increased by 221% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of woven fabrics of combed wool or of combed fine animal hair soared to $14M in 2022. Overall, imports saw a remarkable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Guatemala (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 8.3 | 1.5 | 4.0 | 14.0 | 19.0% |
| United States | 0.1 | 0.1 | N/A | N/A | 0.0% |
| Others | 0.1 | N/A | 0.1 | 0.1 | 0.0% |
| Total | 8.5 | 1.6 | 4.1 | 14.1 | 18.4% |
Top Suppliers of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair to Guatemala in 2022:
- Mexico (1648.3K square meters)
- United States (0.5K square meters)
Exports of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Guatemala
Exports of woven fabrics of combed wool or of combed fine animal hair from Guatemala shrank notably to 39K square meters in 2022, waning by -38.4% compared with 2021 figures. Over the period under review, exports, however, showed significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 1,166% against the previous year. As a result, the exports reached the peak of 63K square meters, and then dropped rapidly in the following year.
In value terms, exports of woven fabrics of combed wool or of combed fine animal hair dropped notably to $349K in 2022. Overall, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 10,413%. As a result, the exports reached the peak of $523K, and then fell sharply in the following year.
| Export of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 43.1 | N/A | 522 | 337 | 98.5% |
| United States | 33.7 | N/A | N/A | 10.1 | -33.1% |
| Honduras | 0.9 | 5.0 | 0.7 | 0.2 | -39.4% |
| Others | N/A | N/A | N/A | 1.9 | 0% |
| Total | 77.7 | 5.0 | 523 | 349 | 65.0% |
Top Export Markets for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair from Guatemala in 2022:
- Mexico (37.3K square meters)
- United States (0.9K square meters)
- Honduras (0.2K square meters)
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