Price for Railway or Tramway Track Constructions of Iron or Steel in Guatemala - 2024

Contents:

1. Price for Railway or Tramway Track Constructions of Iron or Steel in Guatemala (CIF) - 2022
2. Price for Railway or Tramway Track Constructions of Iron or Steel in Guatemala (FOB) - 2022
3. Imports of Railway or Tramway Track Constructions of Iron or Steel in Guatemala
4. Exports of Railway or Tramway Track Constructions of Iron or Steel in Guatemala

Price for Railway or Tramway Track Constructions of Iron or Steel in Guatemala (CIF) - 2022

In 2022, the average import price for railway or tramway track constructions of iron or steel amounted to $2,743 per ton, growing by 11% against the previous year. Over the period under review, the import price, however, saw a pronounced curtailment. The pace of growth was the most pronounced in 2014 when the average import price increased by 144% against the previous year. As a result, import price reached the peak level of $6,264 per ton. From 2015 to 2022, the average import prices failed to regain momentum.

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 Spain ($3,906 per ton), while the price for China ($1,920 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+0.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Railway or Tramway Track Constructions of Iron or Steel in Guatemala (FOB) - 2022

The average export price for railway or tramway track constructions of iron or steel stood at $2,900 per ton in 2022, growing by 127% against the previous year. Overall, the export price showed a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $3,115 per ton 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 Honduras ($4,459 per ton), while the average price for exports to El Salvador ($2,531 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 (+14.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Railway or Tramway Track Constructions of Iron or Steel in Guatemala

In 2022, after two years of decline, there was significant growth in supplies from abroad of railway or tramway track constructions of iron or steel, when their volume increased by 149% to 174 tons. In general, imports, however, recorded a dramatic curtailment.

In value terms, imports of railway or tramway track constructions of iron or steel surged to $478K in 2022. Overall, imports, however, continue to indicate a abrupt setback.

Top Suppliers of Railway or Tramway Track Constructions of Iron or Steel to Guatemala in 2022:

1. United States (87.5 tons)
2. China (70.4 tons)
3. Spain (15.4 tons)

Exports of Railway or Tramway Track Constructions of Iron or Steel in Guatemala

In 2022, overseas shipments of railway or tramway track constructions of iron or steel decreased by -28.1% to 7.2 tons, falling for the second year in a row after two years of growth. Over the period under review, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 593%. As a result, the exports attained the peak of 12 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of railway or tramway track constructions of iron or steel surged to $21K in 2022. In general, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 230% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Top Export Markets for Railway or Tramway Track Constructions of Iron or Steel from Guatemala in 2022:

1. Nicaragua (3.8 tons)
2. El Salvador (2.1 tons)
3. Honduras (1.3 tons)

Source: IndexBox Market Intelligence Platform