Guatemala - Iron Or Steel Expanded Metal - Market Analysis, Forecast, Size, Trends And Insights
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View PricingExpanded Metal Price in Guatemala - 2023
Contents:
- Expanded Metal Price in Guatemala (CIF) - 2022
- Expanded Metal Price in Guatemala (FOB) - 2022
- Expanded Metal Imports in Guatemala
- Expanded Metal Exports in Guatemala
Expanded Metal Price in Guatemala (CIF) - 2022
The average expanded metal import price stood at $1,813 per ton in 2022, declining by -17.8% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 99% against the previous year. As a result, import price reached the peak level of $2,207 per ton, and then reduced markedly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($7,194 per ton), while the price for Honduras ($141 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+13.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Expanded Metal Price in Guatemala (FOB) - 2022
In 2022, the average expanded metal export price amounted to $2,706 per ton, surging by 11% against the previous year. Overall, export price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +6.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, expanded metal export price increased by +95.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by 77% against the previous year. The export price peaked at $2,745 per ton in 2014; afterwards, it flattened through to 2022.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Nicaragua ($3,037 per ton) and El Salvador ($3,000 per ton), while the average price for exports to Belize ($2,386 per ton) and Honduras ($2,646 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nicaragua (+8.0%), while the prices for the other major destinations experienced more modest paces of growth.
Expanded Metal Imports in Guatemala
In 2022, the amount of iron or steel expanded metal imported into Guatemala dropped to 458 tons, reducing by -1.9% compared with the previous year. In general, imports recorded a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 26%.
In value terms, expanded metal imports contracted notably to $831K in 2022. Over the period under review, imports, however, saw a buoyant expansion. The growth pace was the most rapid in 2021 with an increase of 150%. As a result, imports reached the peak of $1M, and then shrank notably in the following year.
Import of Expanded Metal in Guatemala (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 240 | 203 | 220 | 369 | 15.4% |
Mexico | 241 | 171 | 744 | 360 | 14.3% |
El Salvador | 15.2 | 20.7 | 47.6 | 67.3 | 64.2% |
United States | 103 | N/A | 15.5 | 20.6 | -41.5% |
Honduras | 6.0 | 9.6 | 3.2 | 6.2 | 1.1% |
Others | 10.7 | 8.3 | 0.8 | 7.5 | -11.2% |
Total | 616 | 413 | 1,030 | 831 | 10.5% |
Top Suppliers of Expanded Metal to Guatemala in 2022:
- China (244.1 tons)
- Mexico (131.9 tons)
- Honduras (44.2 tons)
- El Salvador (33.0 tons)
- United States (2.9 tons)
Expanded Metal Exports in Guatemala
Expanded metal exports from Guatemala skyrocketed to 38 tons in 2022, increasing by 192% against the previous year's figure. Over the period under review, exports recorded significant growth. The pace of growth was the most pronounced in 2021 with an increase of 230%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, expanded metal exports surged to $102K in 2022. Overall, exports posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 484%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.
Export of Expanded Metal in Guatemala (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Honduras | 3.1 | 3.5 | 14.0 | 58.5 | 166.2% |
Nicaragua | 12.4 | 1.9 | 6.4 | 27.4 | 30.2% |
Belize | N/A | N/A | N/A | 14.3 | 0% |
Colombia | N/A | N/A | 5.4 | N/A | 0% |
Others | 0.5 | 0.1 | 5.7 | 2.2 | 63.9% |
Total | 15.9 | 5.4 | 31.6 | 102 | 85.8% |
Top Export Markets for Expanded Metal from Guatemala in 2022:
- Honduras (22.1 tons)
- Nicaragua (9.0 tons)
- Belize (6.0 tons)
This report provides an in-depth analysis of the expanded metal 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 25931350 - Iron or steel expanded metal
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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