Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Guatemala - 2023

Contents:

  1. Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Guatemala (CIF) - 2022
  2. Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Guatemala (FOB) - 2022
  3. Imports of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Guatemala
  4. Exports of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Guatemala

Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Guatemala (CIF) - 2022

In 2022, the average import price for fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds amounted to $32,082 per ton, picking up by 398% against the previous year. In general, the import price showed a significant expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($37,821 per ton), while the price for China stood at $2,040 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+7.3%).

Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Guatemala (FOB) - 2022

In 2022, the average export price for fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds amounted to $12,412 per ton, dropping by -3% against the previous year. In general, the export price, however, enjoyed strong growth. The pace of growth appeared the most rapid in 2020 when the average export price increased by 58%. Over the period under review, the average export prices reached the peak figure at $19,977 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for El Salvador amounted to +5.1% per year.

Imports of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Guatemala

Imports of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds into Guatemala skyrocketed to 152 tons in 2022, rising by 53% against 2021. Over the period under review, imports saw a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 270% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds skyrocketed to $4.9M in 2022. Overall, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States70.753.64134,789307.6%
China10153.110446.5-22.8%
VietnamN/AN/A21.9N/A0%
Others3.313.110232.5114.3%
Total1751206404,868203.0%

Top Suppliers of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted to Guatemala in 2022:

  1. United States (126.6 tons)
  2. China (22.8 tons)

Exports of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Guatemala

In 2022, exports of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds from Guatemala dropped remarkably to 7.2 tons, which is down by -26.3% compared with the previous year. In general, exports continue to indicate a dramatic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 920% against the previous year.

In value terms, exports of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds fell sharply to $89K in 2022. Over the period under review, exports continue to indicate a precipitous shrinkage. The growth pace was the most rapid in 2021 when exports increased by 852%.

Export of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States44913.112589.5-41.6%
Canada35.5N/AN/AN/A0%
United Kingdom170N/AN/AN/A0%
Others11.40.1N/AN/A-99.1%
Total66513.212589.5-48.8%

Top Export Markets for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted from Guatemala in 2022:

  1. United States (7.2 tons)

Source: IndexBox Market Intelligence Platform

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