Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Guatemala - 2023
Contents:
- Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Guatemala (CIF) - 2022
- Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Guatemala (FOB) - 2022
- Imports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Guatemala
- Exports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Guatemala
Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Guatemala (CIF) - 2022
In 2022, the average import price for adhesives; prepared, based on rubber or plastics (including artificial resins) amounted to $3,436 per ton, surging by 25% against the previous year. Over the last decade, it increased at an average annual rate of +2.8%. As a result, import price attained 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 the United States ($4,579 per ton), while the price for Italy ($1,916 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Guatemala (FOB) - 2022
In 2022, the average export price for adhesives; prepared, based on rubber or plastics (including artificial resins) amounted to $2,560 per ton, with an increase of 13% against the previous year. Overall, export price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for adhesives; prepared, based on rubber or plastics (including artificial resins) increased by +66.6% against 2020 indices. The pace of growth was the most pronounced in 2021 an increase of 48%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Nicaragua ($4,679 per ton), while the average price for exports to Belize ($1,333 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 Nicaragua (+12.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Guatemala
In 2022, approx. 4.1K tons of adhesives; prepared, based on rubber or plastics (including artificial resins) were imported into Guatemala; waning by -3.5% compared with 2021 figures. The total import volume increased at an average annual rate of +3.2% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The growth pace was the most rapid in 2021 with an increase of 26% against the previous year. As a result, imports reached the peak of 4.2K tons, and then reduced in the following year.
In value terms, imports of adhesives; prepared, based on rubber or plastics (including artificial resins) skyrocketed to $14M in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +13.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.9% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 28%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.
| Import of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Guatemala (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2.7 | 2.8 | 2.9 | 3.7 | 11.1% |
| Mexico | 2.5 | 2.4 | 3.2 | 3.5 | 11.9% |
| Costa Rica | 1.2 | 1.2 | 1.3 | 1.7 | 12.3% |
| China | 0.4 | 0.5 | 1.3 | 1.3 | 48.1% |
| El Salvador | 0.4 | 0.1 | 0.2 | 0.5 | 7.7% |
| Brazil | 0.6 | 0.6 | 0.3 | 0.4 | -12.6% |
| Italy | 0.1 | 0.2 | 0.4 | 0.4 | 58.7% |
| Thailand | 0.6 | 0.2 | 0.5 | 0.3 | -20.6% |
| Others | 1.0 | 0.9 | 1.5 | 2.2 | 30.1% |
| Total | 9.7 | 9.1 | 11.6 | 14.1 | 13.3% |
Top Suppliers of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) to Guatemala in 2022:
- Mexico (1028.7 tons)
- United States (798.1 tons)
- Costa Rica (580.9 tons)
- China (487.8 tons)
- El Salvador (208.8 tons)
- Italy (189.3 tons)
- Brazil (163.7 tons)
- Thailand (124.6 tons)
Exports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Guatemala
In 2022, exports of adhesives; prepared, based on rubber or plastics (including artificial resins) from Guatemala amounted to 1.1K tons, surging by 9.8% against 2021 figures. The total export volume increased at an average annual rate of +8.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 20%. The exports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, exports of adhesives; prepared, based on rubber or plastics (including artificial resins) soared to $2.9M in 2022. Over the period under review, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 77% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see steady growth in the immediate term.
| Export of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Honduras | 608 | 443 | 1,094 | 1,417 | 32.6% |
| El Salvador | 353 | 327 | 425 | 595 | 19.0% |
| Costa Rica | 188 | 220 | 235 | 288 | 15.3% |
| Panama | 96.9 | 61.8 | 94.7 | 230 | 33.4% |
| Nicaragua | 39.0 | 146 | 319 | 184 | 67.7% |
| Dominican Republic | 53.9 | 36.6 | 47.2 | 37.4 | -11.5% |
| Belize | 24.1 | 18.4 | 22.7 | 34.6 | 12.8% |
| Others | 45.5 | 54.6 | 78.6 | 80.5 | 20.9% |
| Total | 1,408 | 1,307 | 2,316 | 2,867 | 26.7% |
Top Export Markets for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) from Guatemala in 2022:
- Honduras (516.3 tons)
- El Salvador (244.3 tons)
- Costa Rica (132.2 tons)
- Panama (112.7 tons)
- Nicaragua (39.4 tons)
- Belize (25.9 tons)
- Dominican Republic (23.9 tons)
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This report provides an in-depth analysis of the market for prepared glues and other prepared adhesives in Guatemala.
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This report provides an in-depth analysis of the global market for prepared glues and other prepared adhesives.
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This report provides an in-depth analysis of the market for prepared glues and other prepared adhesives in Guatemala.
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This report provides an in-depth analysis of the global market for prepared glues and other prepared adhesives.
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Discover the top import markets for prepared glues and other prepared adhesives, including China, Germany, Vietnam, and the United States. Gain insights into market statistics and trends. Explore the significance of prepared adhesives in various industries.
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Discover the top import markets for prepared glues and other prepared adhesives, including China, Germany, Vietnam, and the United States. Gain insights into market statistics and trends. Explore the significance of prepared adhesives in various industries.
