Price for Statuettes and Other Ornamental Ceramic Articles in Guatemala - 2023

Contents:

1. Price for Statuettes and Other Ornamental Ceramic Articles in Guatemala (CIF) - 2022
2. Price for Statuettes and Other Ornamental Ceramic Articles in Guatemala (FOB) - 2022
3. Imports of Statuettes and Other Ornamental Ceramic Articles in Guatemala
4. Exports of Statuettes and Other Ornamental Ceramic Articles in Guatemala

Price for Statuettes and Other Ornamental Ceramic Articles in Guatemala (CIF) - 2022

In 2022, the average import price for statuettes and other ornamental ceramic articleses amounted to $6,306 per ton, surging by 11% against the previous year. Over the period under review, the import price recorded a buoyant expansion. The pace of growth was the most pronounced in 2019 when the average import price increased by 35% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

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 ($9,650 per ton), while the price for Vietnam ($1,836 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 (+14.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Statuettes and Other Ornamental Ceramic Articles in Guatemala (FOB) - 2022

The average export price for statuettes and other ornamental ceramic articleses stood at $5,599 per ton in 2022, surging by 30% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.2%. Over the period under review, the average export prices attained the peak figure at $6,055 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($13,748 per ton), while the average price for exports to Brazil ($1,138 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 (+11.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Statuettes and Other Ornamental Ceramic Articles in Guatemala

In 2022, imports of statuettes and other ornamental ceramic articleses into Guatemala reduced to 292 tons, waning by -5.9% against the previous year's figure. The total import volume increased at an average annual rate of +6.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 43% against the previous year. As a result, imports reached the peak of 310 tons, and then reduced in the following year.

In value terms, imports of statuettes and other ornamental ceramic articleses expanded slightly to $1.8M in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +10.7% 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 +45.4% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 40%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Top Suppliers of Statuettes and Other Ornamental Ceramic Articles to Guatemala in 2022:

1. China (182.8 tons)
2. United States (32.2 tons)
3. El Salvador (26.7 tons)
4. Mexico (22.4 tons)
5. Portugal (5.0 tons)
6. Vietnam (1.2 tons)
7. Canada (0.8 tons)

Exports of Statuettes and Other Ornamental Ceramic Articles in Guatemala

Exports of statuettes and other ornamental ceramic articleses from Guatemala declined sharply to 59 tons in 2022, falling by -45.1% on 2021. Overall, exports, however, recorded a buoyant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 153% against the previous year. As a result, the exports attained the peak of 107 tons, and then declined significantly in the following year.

In value terms, exports of statuettes and other ornamental ceramic articleses reduced sharply to $328K in 2022. Over the period under review, exports, however, posted strong growth. The most prominent rate of growth was recorded in 2021 with an increase of 122%. As a result, the exports reached the peak of $459K, and then fell sharply in the following year.

Top Export Markets for Statuettes and Other Ornamental Ceramic Articles from Guatemala in 2022:

1. United States (15.7 tons)
2. Honduras (15.1 tons)
3. El Salvador (8.0 tons)
4. Nicaragua (2.1 tons)
5. Benin (2.1 tons)
6. Panama (1.6 tons)
7. Colombia (1.5 tons)
8. Bahrain (1.3 tons)
9. Ghana (1.0 tons)
10. Brazil (1.0 tons)
11. Sudan (1.0 tons)
12. United Kingdom (0.9 tons)
13. Mexico (0.3 tons)

Source: IndexBox Market Intelligence Platform