Guatemala - Carboys, Bottles And Similar Articles Of Plastics - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Guatemala - Carboys, Bottles And Similar Articles Of Plastics - Market Analysis, Forecast, Size, Trends and Insights

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Plastic Bottle Price in Guatemala - 2023

Contents:

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

Plastic Bottle Price in Guatemala (CIF) - 2022

The average plastic bottle import price stood at $2,595 per ton in 2022, growing by 14% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.4%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Costa Rica ($4,287 per ton), while the price for Peru ($2,026 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Plastic Bottle Price in Guatemala (FOB) - 2022

In 2022, the average plastic bottle export price amounted to $2,703 per ton, with an increase of 14% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($4,370 per ton), while the average price for exports to Mexico ($2,127 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+3.6%), while the prices for the other major destinations experienced more modest paces of growth.

Plastic Bottle Imports in Guatemala

In 2022, plastic bottle imports into Guatemala fell to 38K tons, with a decrease of -2.8% on the year before. The total import volume increased at an average annual rate of +5.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 22% against the previous year. As a result, imports reached the peak of 39K tons, and then fell in the following year.

In value terms, plastic bottle imports expanded significantly to $98M in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +14.3% 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 +54.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 39%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

Import of Plastic Bottle in Guatemala (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
El Salvador40.738.550.455.310.8%
Honduras6.57.816.818.441.5%
Mexico4.93.96.810.227.7%
Costa Rica4.13.53.34.20.8%
Colombia4.04.05.13.9-0.8%
Peru0.80.20.41.317.6%
Others4.95.85.95.22.0%
Total66.063.788.798.414.2%

Top Suppliers of Plastic Bottle to Guatemala in 2022:

  1. El Salvador (23.4K tons)
  2. Honduras (8.4K tons)
  3. Mexico (3.0K tons)
  4. Costa Rica (1.0K tons)
  5. Peru (0.6K tons)
  6. Colombia (0.5K tons)

Plastic Bottle Exports in Guatemala

In 2022, the amount of carboys, bottles and similar articles of plastics exported from Guatemala rose significantly to 24K tons, with an increase of 5.6% on the previous year. The total export volume increased at an average annual rate of +11.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 24%. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in the near future.

In value terms, plastic bottle exports skyrocketed to $65M in 2022. Over the period under review, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +18.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +66.8% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 31%. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in years to come.

Export of Plastic Bottle in Guatemala (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Nicaragua10.014.120.224.134.1%
Costa Rica9.58.710.213.011.0%
El Salvador8.06.58.59.66.3%
Honduras4.95.06.65.53.9%
Belize2.21.62.53.213.3%
Panama1.21.31.72.832.6%
Mexico0.20.40.21.8108.0%
Dominican Republic1.10.40.81.0-3.1%
Others2.03.23.34.228.1%
Total39.041.254.165.118.6%

Top Export Markets for Plastic Bottle from Guatemala in 2022:

  1. Nicaragua (9.1K tons)
  2. Costa Rica (5.1K tons)
  3. El Salvador (2.7K tons)
  4. Honduras (2.5K tons)
  5. Belize (1.2K tons)
  6. Panama (0.9K tons)
  7. Mexico (0.8K tons)
  8. Dominican Republic (0.4K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the plastic bottle 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 22221450 - Plastic carboys, bottles, flasks and similar articles for the conveyance or packing of goods, of a capacity . 2 litres
  • Prodcom 22221470 - Plastic carboys, bottles, flasks and similar articles for the conveyance or packing of goods, of a capacity > 2 litres

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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