Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Guatemala - 2023

Contents:

1. Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Guatemala (CIF) - 2022
2. Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Guatemala (FOB) - 2022
3. Imports of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Guatemala
4. Exports of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Guatemala

Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Guatemala (CIF) - 2022

The average import price for artificial staple fibres, not carded, combed or otherwise processed for spinning stood at $2,945 per ton in 2022, with an increase of 22% against the previous year. In general, the import price, however, recorded a mild decline. The growth pace was the most rapid in 2021 when the average import price increased by 34% against the previous year. Over the period under review, average import prices hit record highs at $3,496 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Australia ($3,434 per ton) and Germany ($3,260 per ton), while the price for Honduras ($2,473 per ton) and the United States ($2,601 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+2.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Guatemala (FOB) - 2022

In 2022, the average export price for artificial staple fibres, not carded, combed or otherwise processed for spinning amounted to $3,128 per ton, rising by 96% against the previous year. Over the period under review, the export price, however, recorded a pronounced decrease. Over the period under review, the average export prices hit record highs at $3,516 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for El Salvador.

From 2019 to 2022, the rate of growth in terms of prices for El Salvador amounted to -3.8% per year.

Imports of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Guatemala

In 2022, after three years of growth, there was significant decline in overseas purchases of artificial staple fibres, not carded, combed or otherwise processed for spinning, when their volume decreased by -18% to 1.1K tons. The total import volume increased at an average annual rate of +7.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 26%.

In value terms, imports of artificial staple fibres, not carded, combed or otherwise processed for spinning dropped modestly to $3.2M in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +12.7% 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 +59.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 60%. As a result, imports reached the peak of $3.2M, leveling off in the following year.

Top Suppliers of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning to Guatemala in 2022:

1. China (504.2 tons)
2. Austria (223.0 tons)
3. India (90.6 tons)
4. Australia (75.4 tons)
5. Honduras (57.6 tons)
6. Germany (56.2 tons)
7. United States (55.1 tons)

Exports of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Guatemala

In 2022, after three years of growth, there was significant decline in shipments abroad of artificial staple fibres, not carded, combed or otherwise processed for spinning, when their volume decreased by -39.4% to 12 tons. Overall, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 306%.

In value terms, exports of artificial staple fibres, not carded, combed or otherwise processed for spinning soared to $36K in 2022. In general, exports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2020 when exports increased by 108%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Top Export Markets for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning from Guatemala in 2022:

1. El Salvador (11.5 tons)

Source: IndexBox Market Intelligence Platform