Guatemala - Cotton Sewing Thread - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCotton Sewing Thread Price in Guatemala - 2023
Contents:
- Cotton Sewing Thread Price in Guatemala (CIF) - 2023
- Cotton Sewing Thread Price in Guatemala (FOB) - 2022
- Cotton Sewing Thread Imports in Guatemala
- Cotton Sewing Thread Exports in Guatemala
Cotton Sewing Thread Price in Guatemala (CIF) - 2023
The average cotton sewing thread import price stood at $4,995 per ton in October 2023, rising by 95% against the previous month. Over the period under review, the import price, however, saw a abrupt decrease. The pace of growth appeared the most rapid in March 2023 when the average import price increased by 139% against the previous month. Over the period under review, average import prices attained the peak figure at $15,678 per ton in January 2023; however, from February 2023 to October 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Egypt ($11,116 per ton), while the price for El Salvador ($2,415 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by El Salvador (+8.1%), while the prices for the other major suppliers experienced a decline.
Cotton Sewing Thread Price in Guatemala (FOB) - 2022
In 2022, the average cotton sewing thread export price amounted to $5,211 per ton, growing by 31% against the previous year. In general, export price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cotton sewing thread export price increased by +8.7% against 2019 indices. The pace of growth appeared the most rapid in 2019 when the average export price increased by 40%. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was El Salvador ($14,004 per ton), while the average price for exports to Honduras totaled $3,393 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to El Salvador (+17.7%), while the prices for the other major destinations experienced more modest paces of growth.
Cotton Sewing Thread Imports in Guatemala
Cotton sewing thread imports into Guatemala dropped to 1.3K tons in 2022, with a decrease of -10.3% compared with 2021. Overall, imports continue to indicate a drastic downturn.
In value terms, cotton sewing thread imports surged to $9.7M in 2022. Over the period under review, imports, however, enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Cotton Sewing Thread in Guatemala (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 1,197 | 2,074 | 2,113 | 5,174 | 62.9% |
China | 493 | 518 | 1,408 | 2,206 | 64.8% |
Honduras | 769 | 535 | 829 | 1,149 | 14.3% |
India | 953 | 956 | 560 | 658 | -11.6% |
Egypt | 686 | 420 | 738 | 135 | -41.8% |
Nicaragua | 5.6 | 21.7 | 101 | 88.4 | 150.9% |
Indonesia | 306 | 377 | 274 | 38.1 | -50.1% |
Others | 126 | 787 | 1,278 | 281 | 30.7% |
Total | 4,536 | 5,689 | 7,302 | 9,729 | 29.0% |
Top Suppliers of Cotton Sewing Thread to Guatemala in 2022:
- China (441.0 tons)
- United States (434.9 tons)
- India (189.0 tons)
- Honduras (116.2 tons)
- Indonesia (33.2 tons)
- Nicaragua (24.5 tons)
- Egypt (16.0 tons)
Cotton Sewing Thread Exports in Guatemala
For the third consecutive year, Guatemala recorded decline in overseas shipments of cotton sewing thread, which decreased by -3.6% to 149 tons in 2022. Over the period under review, exports faced a dramatic shrinkage.
In value terms, cotton sewing thread exports skyrocketed to $778K in 2022. Overall, exports faced a sharp downturn.
Export of Cotton Sewing Thread in Guatemala (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Honduras | 1,852 | 462 | 513 | 419 | -39.1% |
El Salvador | 14.2 | 46.9 | 51.5 | 357 | 192.9% |
United States | 15.4 | 34.8 | 43.6 | 2.0 | -49.4% |
Nicaragua | 13.4 | 300 | 7.7 | N/A | -24.2% |
Costa Rica | 53.2 | 0.8 | N/A | N/A | -98.5% |
Others | 5.3 | 0.1 | 1.1 | N/A | -54.4% |
Total | 1,953 | 844 | 617 | 778 | -26.4% |
Top Export Markets for Cotton Sewing Thread from Guatemala in 2022:
- Honduras (123.5 tons)
- El Salvador (25.5 tons)
- United States (0.3 tons)
This report provides an in-depth analysis of the cotton sewing thread market 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 13106200 - Cotton sewing thread
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
-
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
This report provides an in-depth analysis of the cotton sewing thread market in Guatemala.
This report provides an in-depth analysis of the global cotton sewing thread market.
This report provides an in-depth analysis of the cotton sewing thread market in Guatemala.
This report provides an in-depth analysis of the global cotton sewing thread market.
In 2016, the global cotton sewing thread imports totaled X tons, remaining relatively unchanged against the previous year figure. In general, cotton sewing thread imports continue to indicate a pe...
In 2016, the global cotton sewing thread imports totaled X tons, remaining relatively unchanged against the previous year figure. In general, cotton sewing thread imports continue to indicate a pe...
The global trade in cotton sewing thread amounted to X million USD in 2015, fluctuating mildly over the period under review. A X% drop in 2009 was followed by another X% decline in 2010, after which exports alternated be
Despite a drop in exports in 2014, India remained one of the leaders in the global cotton sewing thread trade. In 2014, India exported X tons of cotton sewing thread totaling X million USD, X% under the previous year. Its primary trading partne
In 2016, the global cotton sewing thread imports totaled X tons, remaining relatively unchanged against the previous year figure. In general, cotton sewing thread imports continue to indicate a pe...
In 2016, the global cotton sewing thread imports totaled X tons, remaining relatively unchanged against the previous year figure. In general, cotton sewing thread imports continue to indicate a pe...
The global trade in cotton sewing thread amounted to X million USD in 2015, fluctuating mildly over the period under review. A X% drop in 2009 was followed by another X% decline in 2010, after which exports alternated be
Despite a drop in exports in 2014, India remained one of the leaders in the global cotton sewing thread trade. In 2014, India exported X tons of cotton sewing thread totaling X million USD, X% under the previous year. Its primary trading partne