Guatemala - Plastic Fittings For Furniture - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPlastic Furniture Fittings Price in Guatemala - 2023
Contents:
- Plastic Furniture Fittings Price in Guatemala (FOB) - 2022
- Plastic Furniture Fittings Price in Guatemala (CIF) - 2022
- Plastic Furniture Fittings Exports in Guatemala
- Plastic Furniture Fittings Imports in Guatemala
Plastic Furniture Fittings Price in Guatemala (FOB) - 2022
The average plastic furniture fittings export price stood at $4,261 per ton in 2022, rising by 6.7% against the previous year. In general, export price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, plastic furniture fittings export price increased by +28.0% against 2019 indices. The most prominent rate of growth was recorded in 2016 an increase of 76%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see gradual growth in the immediate term.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Honduras ($4,983 per ton), while the average price for exports to the Dominican Republic ($2,335 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 Dominican Republic (+5.4%), while the prices for the other major destinations experienced more modest paces of growth.
Plastic Furniture Fittings Price in Guatemala (CIF) - 2022
The average plastic furniture fittings import price stood at $6,611 per ton in 2022, reducing by -5.3% against the previous year. Over the period under review, import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, plastic furniture fittings import price increased by +77.3% against 2016 indices. The pace of growth was the most pronounced in 2020 an increase of 26% against the previous year. The import price peaked at $6,981 per ton in 2021, and then fell 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 ($21,272 per ton), while the price for the UK ($4,080 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 (+11.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Plastic Furniture Fittings Exports in Guatemala
In 2022, approx. 249 tons of plastic fittings for furniture were exported from Guatemala; which is down by -7.8% on 2021 figures. The total export volume increased at an average annual rate of +2.8% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 21% against the previous year. As a result, the exports attained the peak of 270 tons, and then fell in the following year.
In value terms, plastic furniture fittings exports fell to $1.1M in 2022. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +11.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +39.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 34%. As a result, the exports reached the peak of $1.1M, and then dropped in the following year.
Export of Plastic Furniture Fittings in Guatemala (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Honduras | 495 | 525 | 682 | 673 | 10.8% |
Nicaragua | 106 | 117 | 155 | 185 | 20.4% |
El Salvador | 109 | 104 | 151 | 123 | 4.1% |
Costa Rica | 25.2 | 40.7 | 35.1 | 44.6 | 21.0% |
Panama | 25.4 | 15.9 | 51.2 | 26.9 | 1.9% |
Dominican Republic | 1.1 | 0.1 | N/A | 9.4 | 104.4% |
Others | 2.1 | 1.0 | 6.0 | 0.8 | -27.5% |
Total | 763 | 804 | 1,080 | 1,062 | 11.7% |
Top Export Markets for Plastic Furniture Fittings from Guatemala in 2022:
- Honduras (135.0 tons)
- Nicaragua (49.6 tons)
- El Salvador (40.3 tons)
- Costa Rica (13.7 tons)
- Panama (6.3 tons)
- Dominican Republic (4.0 tons)
Plastic Furniture Fittings Imports in Guatemala
In 2022, imports of plastic fittings for furniture into Guatemala contracted to 136 tons, reducing by -12.3% compared with 2021. Over the period under review, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 30%. As a result, imports reached the peak of 155 tons, and then declined in the following year.
In value terms, plastic furniture fittings imports contracted markedly to $896K in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +12.2% 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 +41.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 57%. As a result, imports attained the peak of $1.1M, and then reduced sharply in the following year.
Import of Plastic Furniture Fittings in Guatemala (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 243 | 305 | 563 | 633 | 37.6% |
United States | 158 | 119 | 149 | 68.9 | -24.2% |
United Kingdom | 9.4 | 6.9 | 13.8 | 14.9 | 16.6% |
Mexico | 50.6 | 34.8 | 35.2 | 13.2 | -36.1% |
Spain | 37.0 | 2.1 | 16.5 | 12.5 | -30.4% |
Brazil | 24.2 | 53.6 | 149 | 2.6 | -52.5% |
Others | 112 | 167 | 152 | 151 | 10.5% |
Total | 635 | 689 | 1,079 | 896 | 12.2% |
Top Suppliers of Plastic Furniture Fittings to Guatemala in 2022:
- China (114.6 tons)
- United Kingdom (3.6 tons)
- United States (3.2 tons)
- Spain (1.8 tons)
- Mexico (1.7 tons)
- Brazil (0.4 tons)
This report provides an in-depth analysis of the plastic furniture fittings 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 22292610 - Plastic fittings for furniture, coachwork or the like
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
This report provides an in-depth analysis of the plastic furniture fittings market in Guatemala.
This report provides an in-depth analysis of the office supply market in Guatemala.
This report provides an in-depth analysis of the plastic ornamental articles market in Guatemala.
This report provides an in-depth analysis of the global plastic furniture fittings market.
This report provides an in-depth analysis of the global office supply market.
This report provides an in-depth analysis of the global plastic ornamental articles market.
This report provides an in-depth analysis of the plastic furniture fittings market in Guatemala.
This report provides an in-depth analysis of the office supply market in Guatemala.
This report provides an in-depth analysis of the plastic ornamental articles market in Guatemala.
This report provides an in-depth analysis of the global plastic furniture fittings market.
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