Guatemala - Insulating Board - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Guatemala - Insulating Board - Market Analysis, Forecast, Size, Trends and Insights

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Insulating Board Price in Guatemala - 2023

Contents:

  1. Insulating Board Price in Guatemala (CIF) - 2022
  2. Insulating Board Price in Guatemala (FOB) - 2022
  3. Insulating Board Imports in Guatemala
  4. Insulating Board Exports in Guatemala

Insulating Board Price in Guatemala (CIF) - 2022

In 2022, the average insulating board import price amounted to $640 per cubic meter, increasing by 38% against the previous year. In general, the import price saw a buoyant expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Mexico ($2,679 per cubic meter), while the price for Brazil ($149 per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+20.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Insulating Board Price in Guatemala (FOB) - 2022

In 2022, the average insulating board export price amounted to $723 per cubic meter, jumping by 107% against the previous year. Overall, the export price saw resilient growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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 Nicaragua amounted to +133.3% per year.

Insulating Board Imports in Guatemala

For the third year in a row, Guatemala recorded decline in overseas purchases of insulating board, which decreased by -23.3% to 382 cubic meters in 2022. In general, imports saw a dramatic shrinkage. Imports peaked at 1.2K cubic meters in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, insulating board imports expanded remarkably to $245K in 2022. Overall, imports saw a deep downturn. Over the period under review, imports attained the maximum at $375K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Insulating Board in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.810.812.9167252.9%
Mexico11.04.66.050.966.6%
United States1.40.81.612.5107.5%
Colombia10.27.27.35.2-20.1%
India10.710.49.14.4-25.6%
Panama0.70.10.13.367.7%
Brazil5.62.13.41.0-43.7%
Spain34.912.22.20.2-82.1%
Thailand14.68.26.7N/A-32.3%
Chile259179179N/A-16.9%
Others23.05.43.9N/A-58.8%
Total375241232245-13.2%

Top Suppliers of Insulating Board to Guatemala in 2022:

  1. China (299.0 cubic meters)
  2. Colombia (25.0 cubic meters)
  3. Mexico (19.0 cubic meters)
  4. United States (16.0 cubic meters)
  5. Panama (8.0 cubic meters)
  6. Brazil (7.0 cubic meters)
  7. India (6.0 cubic meters)
  8. Spain (1.0 cubic meters)

Insulating Board Exports in Guatemala

In 2022, exports of insulating board from Guatemala declined notably to 3 cubic meters, waning by -94.4% against 2021 figures. Over the period under review, exports faced a sharp setback. The most prominent rate of growth was recorded in 2021 with an increase of 29%. The exports peaked at 66 cubic meters in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, insulating board exports contracted markedly to $2.2K in 2022. Overall, exports saw a dramatic setback. The pace of growth appeared the most rapid in 2021 with an increase of 34% against the previous year. The exports peaked at $20K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Insulating Board in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Honduras1.71.00.72.29.0%
Nicaragua2.3N/AN/AN/A0%
United StatesN/AN/A0.2N/A0%
Costa Rica14.812.117.1N/A7.5%
PanamaN/AN/AN/AN/A0%
El Salvador1.00.80.8N/A-10.6%
Belize0.10.1N/AN/A0.0%
OthersN/AN/AN/AN/A0%
Total19.914.118.92.2-52.0%

Top Export Markets for Insulating Board from Guatemala in 2022:

  1. Honduras (3.0 cubic meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the insulating board 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:

  • FCL 1650 - Other fibreboard

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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