Guatemala - Tubes, Pipes And Hoses Of Vulcanized Rubber - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Guatemala - Tubes, Pipes And Hoses Of Vulcanized Rubber - Market Analysis, Forecast, Size, Trends and Insights

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Price for Rubber Tube and Pipe in Guatemala - 2023

Contents:

  1. Price for Rubber Tube and Pipe in Guatemala (CIF) - 2022
  2. Price for Rubber Tube and Pipe in Guatemala (FOB) - 2022
  3. Imports of Rubber Tube and Pipe in Guatemala
  4. Exports of Rubber Tube and Pipe in Guatemala

Price for Rubber Tube and Pipe in Guatemala (CIF) - 2022

In 2022, the average rubber tube and pipe import price amounted to $8,617 per ton, picking up by 6.8% against the previous year. Over the period under review, the import price, however, recorded a slight setback. Over the period under review, average import prices attained the peak figure at $10,036 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($13,282 per ton), while the price for China ($5,101 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+8.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Rubber Tube and Pipe in Guatemala (FOB) - 2022

In 2022, the average rubber tube and pipe export price amounted to $7,059 per ton, increasing by 39% against the previous year. Overall, the export price, however, showed a mild reduction. The pace of growth was the most pronounced in 2019 when the average export price increased by 89% against the previous year. As a result, the export price reached the peak level of $14,321 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Panama ($12,312 per ton), while the average price for exports to Honduras ($4,152 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 Panama (+9.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Rubber Tube and Pipe in Guatemala

In 2022, overseas purchases of tubes, pipes and hoses of vulcanized rubber decreased by -0.2% to 1.1K tons for the first time since 2018, thus ending a three-year rising trend. In general, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +18.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.5% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 51% against the previous year. As a result, imports attained the peak of 1.1K tons, leveling off in the following year.

In value terms, rubber tube and pipe imports reached $9.5M in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +14.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 47%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Rubber Tube and Pipe in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4806541,7962,73478.6%
United States2,9022,7382,9842,129-9.8%
Mexico1,1361,2211,7161,4688.9%
Malaysia83.710023559292.0%
India43.6151279561134.3%
Peru49.851.619217953.2%
South Korea12410713316510.0%
Panama30615124817.5-61.5%
Costa Rica84.01071082.0-71.2%
Others1,0277471,1761,60616.1%
Total6,2356,0298,8689,45314.9%

Top Suppliers of Rubber Tube and Pipe to Guatemala in 2022:

  1. China (536.0 tons)
  2. United States (160.3 tons)
  3. Mexico (112.4 tons)
  4. Malaysia (84.4 tons)
  5. India (70.2 tons)
  6. South Korea (22.4 tons)
  7. Peru (19.4 tons)
  8. Panama (2.8 tons)
  9. Costa Rica (0.5 tons)

Exports of Rubber Tube and Pipe in Guatemala

In 2022, overseas shipments of tubes, pipes and hoses of vulcanized rubber decreased by -8.6% to 40 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, posted a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 292% against the previous year. As a result, the exports attained the peak of 44 tons, and then dropped in the following year.

In value terms, rubber tube and pipe exports skyrocketed to $284K in 2022. Over the period under review, exports, however, saw a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 87%. The exports peaked in 2022 and are likely to see steady growth in years to come.

Export of Rubber Tube and Pipe in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Honduras17.534.714996.176.4%
El Salvador32.629.834.977.433.4%
United States5.710.90.153.3110.7%
Nicaragua18.810.124.323.37.4%
Panama0.71.93.911.3152.7%
Costa Rica0.60.53.310.2157.1%
Belize21.426.64.27.5-29.5%
Saint Kitts and NevisN/AN/A3.0N/A0%
Others9.14.91.15.4-16.0%
Total10611922428438.9%

Top Export Markets for Rubber Tube and Pipe from Guatemala in 2022:

  1. Honduras (23.1 tons)
  2. El Salvador (6.5 tons)
  3. United States (4.7 tons)
  4. Nicaragua (2.0 tons)
  5. Costa Rica (1.1 tons)
  6. Panama (0.9 tons)
  7. Belize (0.7 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for rubber tube and pipe in Guatemala. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 22193030 - Rubber tubing not reinforced
  • Prodcom 22193055 - Rubber hose reinforced with metal
  • Prodcom 22193057 - Rubber hose reinforced with textiles
  • Prodcom 22193059 - Rubber hose reinforced or combined with other materials (excluding rubber hose reinforced with metal or textiles)
  • Prodcom 22193070 - Rubber hose assemblies

Country coverage:

  • Guatemala

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Guatemala
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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