Chipped Coniferous Wood Price in Guatemala - 2023

Contents:

  1. Chipped Coniferous Wood Price in Guatemala (CIF) - 2022
  2. Chipped Coniferous Wood Price in Guatemala (FOB) - 2022
  3. Chipped Coniferous Wood Imports in Guatemala
  4. Chipped Coniferous Wood Exports in Guatemala

Chipped Coniferous Wood Price in Guatemala (CIF) - 2022

The average chipped coniferous wood import price stood at $504 per cubic meter in 2022, with an increase of 17% against the previous year. Over the period under review, the import price enjoyed a significant increase. The most prominent rate of growth was recorded in 2016 an increase of 62%. As a result, import price attained the peak level of $982 per cubic meter. From 2017 to 2022, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +24.6% per year.

Chipped Coniferous Wood Price in Guatemala (FOB) - 2022

The average chipped coniferous wood export price stood at $44 per cubic meter in 2022, picking up by 2.3% against the previous year. Overall, the export price, however, continues to indicate a drastic downturn. The export price peaked at $343 per cubic meter in 2012; however, from 2013 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 2012 to 2022, the rate of growth in terms of prices for the Dominican Republic amounted to -10.7% per year.

Chipped Coniferous Wood Imports in Guatemala

In 2022, approx. 41 cubic meters of coniferous wood in chips or particles were imported into Guatemala; jumping by 24% on the previous year. Overall, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +7.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +24.2% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 61%. As a result, imports reached the peak of 53 cubic meters. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, chipped coniferous wood imports soared to $21K in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +18.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -5.3% against 2020 indices. The pace of growth was the most pronounced in 2020 when imports increased by 78% against the previous year. As a result, imports reached the peak of $22K. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Chipped Coniferous Wood in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States12.321.814.220.718.9%
OthersN/AN/AN/AN/A0%
Total12.321.814.220.718.9%

Top Suppliers of Chipped Coniferous Wood to Guatemala in 2022:

  1. United States (41.0 cubic meters)

Chipped Coniferous Wood Exports in Guatemala

In 2022, approx. 1 cubic meters of coniferous wood in chips or particles were exported from Guatemala; waning by -75% on the previous year's figure. Overall, exports faced a precipitous decline. The smallest decline of -16.7% was in 2020. The exports peaked at 6 cubic meters in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, chipped coniferous wood exports shrank dramatically to $44 in 2022. Over the period under review, exports continue to indicate a sharp reduction. The smallest decline of -18.6% was in 2020. Over the period under review, the exports attained the peak figure at $322 in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Chipped Coniferous Wood in Guatemala (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Honduras64.047.024.044.0-11.7%
Dominican Republic166149110N/A-18.6%
El Salvador92.066.038.0N/A-35.7%
OthersN/AN/AN/AN/A0%
Total32226217244.0-48.5%

Top Export Markets for Chipped Coniferous Wood from Guatemala in 2022:

  1. Honduras (1.0 cubic meters)

Source: IndexBox Market Intelligence Platform

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