Price for Rattans Used Primarily for Plaiting in Guatemala - 2023

Contents:

  1. Price for Rattans Used Primarily for Plaiting in Guatemala (CIF) - 2022
  2. Price for Rattans Used Primarily for Plaiting in Guatemala (FOB) - 2022
  3. Imports of Rattans Used Primarily for Plaiting in Guatemala
  4. Exports of Rattans Used Primarily for Plaiting in Guatemala

Price for Rattans Used Primarily for Plaiting in Guatemala (CIF) - 2022

In 2022, the average import price for rattans used primarily for plaitings amounted to $17,826 per ton, approximately mirroring the previous year. In general, the import price, however, showed a deep reduction. The growth pace was the most rapid in 2020 an increase of 83%. The import price peaked at $32,918 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -4.8% per year.

Price for Rattans Used Primarily for Plaiting in Guatemala (FOB) - 2022

The average export price for rattans used primarily for plaitings stood at $16,000 per ton in 2022, approximately reflecting the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 12% against the previous year. The export price peaked at $33,000 per ton in 2020; however, from 2021 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 Costa Rica.

From 2015 to 2022, the rate of growth in terms of prices for El Salvador amounted to +39.4% per year.

Imports of Rattans Used Primarily for Plaiting in Guatemala

In 2022, the amount of rattans used primarily for plaitings imported into Guatemala dropped notably to 23 kg, which is down by -88% compared with 2021 figures. Over the period under review, imports continue to indicate a dramatic downturn. The smallest decline of -29.9% was in 2020.

In value terms, rattans used primarily for plaiting imports reduced markedly to $410 in 2022. In general, imports saw a sharp decrease. The most prominent rate of growth was recorded in 2020 when imports increased by 28%. As a result, imports reached the peak of $8.8K. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Rattans Used Primarily for Plaiting in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6.82.73.40.4-61.1%
MexicoN/A5.7N/AN/A0%
OthersN/A0.4N/AN/A0%
Total6.88.83.40.4-61.1%

Top Suppliers of Rattans Used Primarily for Plaiting to Guatemala in 2022:

  1. China (23.0 kg)

Exports of Rattans Used Primarily for Plaiting in Guatemala

In 2022, rattans used primarily for plaiting exports from Guatemala was estimated at 1 kg, therefore, remained relatively stable against the previous year. Over the period under review, exports continue to indicate a relatively flat trend pattern. The smallest decline of 99.9% was in 2021. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in the immediate term.

In value terms, rattans used primarily for plaiting exports stood at $16 in 2022. In general, exports faced a dramatic contraction. The smallest decline of 99.9% was in 2021.

Export of Rattans Used Primarily for Plaiting in Guatemala (USD)
COUNTRY202020212022CAGR,
2020-2022
Costa Rica33.0N/A16.0-30.4%
OthersN/AN/AN/A0%
Total33.0N/A16.0-30.4%

Top Export Markets for Rattans Used Primarily for Plaiting from Guatemala in 2022:

  1. Costa Rica (1.0 kg)

Source: IndexBox Market Intelligence Platform

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