Glass Fibre Filament Price in Guatemala - 2023
Contents:
- Glass Fibre Filament Price in Guatemala (CIF) - 2022
- Glass Fibre Filament Price in Guatemala (FOB) - 2022
- Glass Fibre Filament Imports in Guatemala
- Glass Fibre Filament Exports in Guatemala
Glass Fibre Filament Price in Guatemala (CIF) - 2022
In 2022, the average glass fibre filament import price amounted to $1,842 per ton, with an increase of 11% against the previous year. In general, import price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, glass fibre filament import price increased by +69.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 52% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the immediate term.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Brazil ($2,310 per ton), while the price for China ($1,831 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+3.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Glass Fibre Filament Price in Guatemala (FOB) - 2022
The average glass fibre filament export price stood at $2,608 per ton in 2022, increasing by 3.1% against the previous year. Overall, the export price, however, showed a noticeable descent. The pace of growth appeared the most rapid in 2021 when the average export price increased by 43%. Over the period under review, the average export prices attained the maximum at $3,076 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Honduras.
From 2017 to 2022, the rate of growth in terms of prices for Honduras amounted to +6.0% per year.
Glass Fibre Filament Imports in Guatemala
After two years of decline, supplies from abroad of glass fibre filaments increased by 83% to 191 tons in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +14.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, glass fibre filament imports skyrocketed to $351K in 2022. In general, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Glass Fibre Filament in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 135 | 123 | 166 | 334 | 35.3% |
| Mexico | 10.9 | 6.3 | 2.1 | 14.1 | 9.0% |
| Others | 8.4 | 5.8 | 4.3 | 3.7 | -23.9% |
| Total | 154 | 135 | 172 | 351 | 31.6% |
Top Suppliers of Glass Fibre Filament to Guatemala in 2022:
- China (182.2 tons)
- Mexico (7.3 tons)
Glass Fibre Filament Exports in Guatemala
In 2022, approx. 10 tons of glass fibre filaments were exported from Guatemala; rising by 65% against 2021 figures. Overall, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, glass fibre filament exports skyrocketed to $27K in 2022. In general, exports recorded a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 92% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.
| Export of Glass Fibre Filament in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Honduras | N/A | N/A | N/A | 27.3 | 0% |
| El Salvador | 6.7 | 8.4 | 16.1 | N/A | 55.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 6.7 | 8.4 | 16.1 | 27.3 | 59.7% |
Top Export Markets for Glass Fibre Filament from Guatemala in 2022:
- Honduras (10.5 tons)
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