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Guatemala - Hot-Rolled Round Bars of Stainless Steel - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGuatemala: Market for Hot-Rolled Round Bars Of Stainless Steel 2024
Market Size for Hot-Rolled Round Bars Of Stainless Steel in Guatemala
In 2023, after two years of decline, there was significant growth in the Guatemalan hot-rolled round stainless steel market, when its value increased by X% to $X. In general, consumption, however, faced a abrupt curtailment. Hot-rolled round stainless steel consumption peaked at $X in 2012; however, from 2013 to 2023, consumption stood at a somewhat lower figure.
Exports of Hot-Rolled Round Bars Of Stainless Steel
Exports from Guatemala
Hot-rolled round stainless steel exports from Guatemala declined markedly to X tons in 2023, waning by X% against the previous year. Overall, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2022 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2023, the exports stood at a somewhat lower figure.
In value terms, hot-rolled round stainless steel exports surged to $X in 2023. In general, exports, however, saw buoyant growth. The most prominent rate of growth was recorded in 2022 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2023 and are expected to retain growth in the near future.
Exports by Country
El Salvador (X kg) and Nicaragua (X kg) were the main destinations of hot-rolled round stainless steel exports from Guatemala.
From 2012 to 2023, the biggest increases were recorded for Nicaragua (with a CAGR of X%).
In value terms, El Salvador ($X) and Nicaragua ($X) appeared to be the largest markets for hot-rolled round stainless steel exported from Guatemala worldwide.
In terms of the main countries of destination, Nicaragua, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review.
Export Prices by Country
The average hot-rolled round stainless steel export price stood at $X per ton in 2023, growing by X% against the previous year. In general, the export price recorded a resilient increase. The pace of growth appeared the most rapid in 2019 an increase of X% against the previous year. Over the period under review, the average export prices reached the maximum in 2023 and is likely to continue growth in years to come.
Average prices varied somewhat for the major foreign markets. In 2023, amid the top suppliers, the country with the highest price was El Salvador ($X per ton), while the average price for exports to Nicaragua stood at $X per ton.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Nicaragua (X%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Hot-Rolled Round Bars Of Stainless Steel
Imports into Guatemala
In 2023, overseas purchases of hot-rolled round bars of stainless steel were finally on the rise to reach X tons after two years of decline. In general, imports, however, continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2023, imports stood at a somewhat lower figure.
In value terms, hot-rolled round stainless steel imports shrank remarkably to $X in 2023. Overall, imports, however, recorded a abrupt contraction. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2023, imports failed to regain momentum.
Imports by Country
In 2023, China (X tons) was the main supplier of hot-rolled round stainless steel to Guatemala, accounting for a X% share of total imports. Moreover, hot-rolled round stainless steel imports from China exceeded the figures recorded by the second-largest supplier, Spain (X tons), more than tenfold. Germany (X tons) ranked third in terms of total imports with a X% share.
From 2012 to 2023, the average annual rate of growth in terms of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (X% per year) and Germany (X% per year).
In value terms, China ($X) constituted the largest supplier of hot-rolled round bars of stainless steel to Guatemala, comprising X% of total imports. The second position in the ranking was held by Spain ($X), with a X% share of total imports. It was followed by Brazil, with a X% share.
From 2012 to 2023, the average annual rate of growth in terms of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (X% per year) and Brazil (X% per year).
Import Prices by Country
The average hot-rolled round stainless steel import price stood at $X per ton in 2023, dropping by X% against the previous year. In general, the import price recorded a slight decrease. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2022, and then contracted rapidly in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for China ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for hot-rolled round stainless steel in Guatemala. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 24106410 - Hot-rolled round bars, of stainless steel
Country coverage:
- Guatemala
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Guatemala
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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