Hardboard Price in Guatemala - 2023
Contents:
- Hardboard Price in Guatemala (CIF) - 2023
- Hardboard Price in Guatemala (FOB) - 2022
- Hardboard Imports in Guatemala
- Hardboard Exports in Guatemala
Hardboard Price in Guatemala (CIF) - 2023
In June 2023, the average hardboard import price amounted to $988 per thousand cubic meters, reducing by -2% against the previous month. Over the period under review, the import price saw a mild contraction. The most prominent rate of growth was recorded in October 2022 when the average import price increased by 11% month-to-month. Over the period under review, average import prices reached the maximum at $1.1 per cubic meter in June 2022; however, from July 2022 to June 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Belgium ($2.1 per cubic meter), while the price for Romania ($742 per thousand cubic meters) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Spain (-0.8%), while the prices for the other major suppliers experienced a decline.
Hardboard Price in Guatemala (FOB) - 2022
The average hardboard export price stood at $1,871 per cubic meter in 2022, surging by 16% against the previous year. In general, the export price saw perceptible growth. The pace of growth was the most pronounced in 2015 an increase of 1,110% against the previous year. As a result, the export price attained the peak level of $2,312 per cubic meter. From 2016 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Belize ($1,935 per cubic meter), while the average price for exports to Honduras totaled $12 per cubic meter.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belize (+7.0%), while the prices for the other major destinations experienced a decline.
Hardboard Imports in Guatemala
In 2022, after three years of growth, there was significant decline in overseas purchases of hardboard, when their volume decreased by -44.3% to 7.6K cubic meters. In general, imports continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2021 when imports increased by 35%. As a result, imports reached the peak of 14K cubic meters, and then declined dramatically in the following year.
In value terms, hardboard imports shrank remarkably to $7.7M in 2022. Over the period under review, imports, however, saw a resilient increase. The growth pace was the most rapid in 2021 with an increase of 82% against the previous year. As a result, imports reached the peak of $12M, and then declined remarkably in the following year.
| Import of Hardboard in Guatemala (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 4.3 | 5.2 | 5.9 | 4.2 | -0.8% |
| Romania | 1.0 | 0.6 | 0.8 | 1.2 | 6.3% |
| Malaysia | N/A | N/A | 3.0 | 1.1 | -63.3% |
| Brazil | 0.5 | 0.5 | 0.6 | 0.4 | -7.2% |
| Spain | N/A | 0.1 | 0.3 | 0.4 | 100.0% |
| China | 0.1 | 0.2 | 0.4 | 0.2 | 26.0% |
| Ireland | N/A | N/A | 1.3 | 0.2 | -84.6% |
| Others | 0.4 | 0.3 | 0.2 | 0.1 | -37.0% |
| Total | 6.3 | 6.9 | 12.5 | 7.7 | 6.9% |
Top Suppliers of Hardboard to Guatemala in 2022:
- Chile (3965.0 cubic meters)
- Romania (1392.0 cubic meters)
- Malaysia (867.0 cubic meters)
- Spain (481.0 cubic meters)
- Brazil (462.0 cubic meters)
- China (246.0 cubic meters)
- Ireland (131.0 cubic meters)
Hardboard Exports in Guatemala
In 2022, the amount of hardboard exported from Guatemala fell to 30 cubic meters, declining by -14.3% on the year before. In general, exports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 35%. Over the period under review, the exports attained the maximum at 49 cubic meters in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, hardboard exports fell to $56K in 2022. Overall, exports faced a drastic downturn. The growth pace was the most rapid in 2021 when exports increased by 72% against the previous year. The exports peaked at $80K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Hardboard in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belize | 75.2 | 28.5 | 46.6 | 56.1 | -9.3% |
| Nicaragua | N/A | 3.8 | N/A | N/A | 0% |
| El Salvador | 4.8 | N/A | 6.3 | N/A | 14.6% |
| Honduras | N/A | 0.3 | 3.3 | N/A | 1000.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 80.0 | 32.7 | 56.2 | 56.1 | -11.2% |
Top Export Markets for Hardboard from Guatemala in 2022:
- Belize (29.0 cubic meters)
- Honduras (1.0 cubic meters)
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