Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Guatemala - 2024

Contents:

  1. Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Guatemala (FOB) - 2024
  2. Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Guatemala (CIF) - 2022
  3. Exports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Guatemala
  4. Imports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Guatemala

Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Guatemala (FOB) - 2024

In October 2023, the average export price for fabrics, knitted or crocheted, of a width of > 30 cms amounted to $6,988 per ton, reducing by -7.7% against the previous month. In general, the export price continues to indicate a perceptible contraction. The pace of growth was the most pronounced in August 2023 an increase of 3.6% m-o-m. The export price peaked at $8,408 per ton in February 2023; however, from March 2023 to October 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In October 2023, the country with the highest price was El Salvador ($7,968 per ton), while the average price for exports to Honduras ($4,011 per ton) was amongst the lowest.

From February 2023 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Nicaragua (-1.7%), while the prices for the other major destinations experienced a decline.

Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Guatemala (CIF) - 2022

In 2022, the average import price for fabrics, knitted or crocheted, of a width of > 30 cms amounted to $4,205 per ton, therefore, remained relatively stable against the previous year. Overall, the import price, however, showed a abrupt slump. The most prominent rate of growth was recorded in 2019 when the average import price increased by 30% against the previous year. The import price peaked at $7,915 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($10,495 per ton), while the price for Hong Kong SAR ($1,179 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by El Salvador (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Guatemala

Exports of fabrics, knitted or crocheted, of a width of > 30 cms from Guatemala rose significantly to 38K tons in 2022, with an increase of 12% against 2021. Overall, exports showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 46%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, exports of fabrics, knitted or crocheted, of a width of > 30 cms surged to $302M in 2022. In general, exports recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 48% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Guatemala (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Nicaragua53.986.313315943.4%
El Salvador70.454.677.911417.4%
Honduras14.616.420.924.018.0%
Others7.83.46.25.3-12.1%
Total14716123830227.1%

Top Export Markets for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm from Guatemala in 2022:

  1. Nicaragua (20.3K tons)
  2. El Salvador (12.9K tons)
  3. Honduras (3.4K tons)

Imports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Guatemala

In 2022, imports of fabrics, knitted or crocheted, of a width of > 30 cms into Guatemala stood at 57K tons, growing by 8.1% compared with the previous year. The total import volume increased at an average annual rate of +10.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 20%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of fabrics, knitted or crocheted, of a width of > 30 cms stood at $242M in 2022. The total import value increased at an average annual rate of +7.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 28%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in years to come.

Import of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Guatemala (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China60.546.769.772.96.4%
El Salvador20.619.434.657.741.0%
United States42.346.741.247.43.9%
Honduras14.125.437.931.630.9%
South Korea20.415.113.812.2-15.7%
Vietnam13.19.112.68.6-13.1%
India0.70.91.23.367.7%
Others23.011.412.07.7-30.6%
Total1951752232427.5%

Top Suppliers of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm to Guatemala in 2022:

  1. China (32.5K tons)
  2. El Salvador (6.4K tons)
  3. Honduras (4.7K tons)
  4. United States (4.5K tons)
  5. South Korea (3.4K tons)
  6. India (1.7K tons)
  7. Vietnam (1.5K tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Fabrics; knitted or crocheted fabrics, other than those of headings 60.01 to 60.04 - Guatemala