Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Guatemala - 2023

Contents:

1. Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Guatemala (CIF) - 2022
2. Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Guatemala (FOB) - 2022
3. Imports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Guatemala
4. Exports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Guatemala

Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Guatemala (CIF) - 2022

In 2022, the average import price for millstones, grindstones, grinding wheels and the like; of natural stones amounted to $0.1 per unit, picking up by 18% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 335%. The import price peaked at $0.6 per unit in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

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 ($0.5 per unit), while the price for Italy ($0.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Guatemala (FOB) - 2022

In 2022, the average export price for millstones, grindstones, grinding wheels and the like; of natural stones amounted to less than $0.1 per unit, with a decrease of -36.2% against the previous year. Over the period under review, the export price continues to indicate a deep reduction. The growth pace was the most rapid in 2013 when the average export price decreased by -0.8% against the previous year. The export price peaked at $0.3 per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was El Salvador ($0.3 per unit), while the average price for exports to Honduras totaled less than $0.1 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to El Salvador (+4.3%), while the prices for the other major destinations experienced a decline.

Imports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Guatemala

Imports of millstones, grindstones, grinding wheels and the like; of natural stones into Guatemala soared to 1.3M units in 2022, growing by 68% against the previous year. Over the period under review, imports recorded a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 329%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of millstones, grindstones, grinding wheels and the like; of natural stones soared to $151K in 2022. In general, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone to Guatemala in 2022:

1. Italy (1071.3K units)
2. China (132.5K units)
3. United States (24.1K units)

Exports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Guatemala

Exports of millstones, grindstones, grinding wheels and the like; of natural stones from Guatemala rose remarkably to 40K units in 2022, picking up by 9.1% compared with 2021 figures. Overall, exports saw a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 222%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of millstones, grindstones, grinding wheels and the like; of natural stones fell rapidly to $948 in 2022. In general, exports, however, recorded a abrupt decline. The most prominent rate of growth was recorded in 2020 when exports increased by 65%. As a result, the exports reached the peak of $2K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Top Export Markets for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone from Guatemala in 2022:

1. Honduras (39.8K units)

Source: IndexBox Market Intelligence Platform