Price for Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Guatemala - 2023

Contents:

  1. Price for Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Guatemala (CIF) - 2022
  2. Price for Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Guatemala (FOB) - 2022
  3. Imports of Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Guatemala
  4. Exports of Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Guatemala

Price for Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Guatemala (CIF) - 2022

The average import price for wood; assembled flooring panels, other than multilayer or mosaic stood at $1,554 per ton in 2022, dropping by -32.9% against the previous year. Overall, the import price, however, continues to indicate perceptible growth. The most prominent rate of growth was recorded in 2016 an increase of 58%. The import price peaked at $2,316 per ton in 2021, and then fell significantly in the following year.

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 ($2,811 per ton), while the price for Germany ($846 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+11.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Guatemala (FOB) - 2022

The average export price for wood; assembled flooring panels, other than multilayer or mosaic stood at $4,101 per ton in 2022, declining by -3.8% against the previous year. Overall, the export price recorded a mild downturn. The most prominent rate of growth was recorded in 2017 an increase of 51% against the previous year. The export price peaked at $7,468 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was El Salvador ($4,241 per ton), while the average price for exports to Honduras totaled $3,492 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Costa Rica (+34.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Guatemala

For the third year in a row, Guatemala recorded decline in overseas purchases of wood; assembled flooring panels, other than multilayer or mosaic, which decreased by -34.4% to 94 tons in 2022. Overall, imports saw a sharp contraction.

In value terms, imports of wood; assembled flooring panels, other than multilayer or mosaic fell significantly to $147K in 2022. Over the period under review, imports saw a precipitous decrease. The smallest decline of -29.2% was in 2021.

Import of Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China614401240121-41.8%
United States76.226.832.613.1-44.4%
Germany45.430.420.79.3-41.1%
Others3.713.440.33.5-1.8%
Total739471334147-41.6%

Top Suppliers of Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic to Guatemala in 2022:

  1. China (78.0 tons)
  2. Germany (11.0 tons)
  3. United States (4.7 tons)

Exports of Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Guatemala

In 2022, approx. 14 tons of wood; assembled flooring panels, other than multilayer or mosaic were exported from Guatemala; rising by 21% against the previous year's figure. Overall, exports continue to indicate significant growth. The growth pace was the most rapid in 2020 when exports increased by 43%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, exports of wood; assembled flooring panels, other than multilayer or mosaic surged to $59K in 2022. Over the period under review, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +20.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -12.3% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 97%. As a result, the exports attained the peak of $67K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
El Salvador15.910.346.049.846.3%
Honduras5.61.92.79.418.8%
United StatesN/A55.32.2N/A-96.0%
Panama12.9N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total34.367.550.959.220.0%

Top Export Markets for Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic from Guatemala in 2022:

  1. El Salvador (11.7 tons)
  2. Honduras (2.7 tons)

Source: IndexBox Market Intelligence Platform

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