Guatemala - Wood Boxes, Crates and Cable Drums - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Guatemala - Wood Boxes, Crates and Cable Drums - Market Analysis, Forecast, Size, Trends And Insights

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Price for Wood Box and Cable Drum in Guatemala - 2023

Contents:

  1. Price for Wood Box and Cable Drum in Guatemala (CIF) - 2022
  2. Price for Wood Box and Cable Drum in Guatemala (FOB) - 2022
  3. Imports of Wood Box and Cable Drum in Guatemala
  4. Exports of Wood Box and Cable Drum in Guatemala

Price for Wood Box and Cable Drum in Guatemala (CIF) - 2022

The average import price for wood boxes, crates and cable drums stood at $60 per unit in 2022, rising by 21% against the previous year. In general, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average import price increased by 23% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Cuba ($69 per unit), while the price for Mexico ($17 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Cuba (+25.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Wood Box and Cable Drum in Guatemala (FOB) - 2022

In 2022, the average export price for wood boxes, crates and cable drums amounted to $17 per unit, waning by -71% against the previous year. In general, the export price continues to indicate a noticeable setback. The pace of growth was the most pronounced in 2021 an increase of 572% against the previous year. As a result, the export price attained the peak level of $57 per unit, and then reduced dramatically in the following year.

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 ($64 per unit), while the average price for exports to Germany ($1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+38.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wood Box and Cable Drum in Guatemala

In 2022, the amount of wood boxes, crates and cable drums imported into Guatemala fell markedly to 5.4K units, with a decrease of -48.4% compared with 2021 figures. In general, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 581%. As a result, imports attained the peak of 10K units, and then contracted notably in the following year.

In value terms, wood box and cable drum imports dropped dramatically to $321K in 2022. Overall, imports, however, posted significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 627%. As a result, imports reached the peak of $514K, and then fell dramatically in the following year.

Import of Wood Box and Cable Drum in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)11.93.057.285.693.0%
Spain0.11.45.484.5845.4%
China8.92.330.664.893.8%
United States40.412.636447.95.8%
Colombia1.30.40.613.7119.2%
Cuba0.30.61.812.2243.9%
Panama4.90.25.34.5-2.8%
Mexico3.50.23.72.2-14.3%
Others36.250.145.95.8-45.7%
Total10770.851432144.2%

Top Suppliers of Wood Box and Cable Drum to Guatemala in 2022:

  1. Taiwan (Chinese) (1370.0 units)
  2. Spain (1241.0 units)
  3. United States (1033.0 units)
  4. China (946.0 units)
  5. Colombia (345.0 units)
  6. Cuba (177.0 units)
  7. Mexico (133.0 units)
  8. Panama (66.0 units)

Exports of Wood Box and Cable Drum in Guatemala

In 2022, approx. 19 units of wood boxes, crates and cable drums were exported from Guatemala; falling by -83.2% on the previous year's figure. Overall, exports recorded a precipitous decrease. The most prominent rate of growth was recorded in 2021 with an increase of 352% against the previous year. Over the period under review, the exports attained the maximum at 762 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, wood box and cable drum exports declined sharply to $317 in 2022. In general, exports recorded a precipitous contraction. The pace of growth was the most pronounced in 2021 when exports increased by 2,936% against the previous year. Over the period under review, the exports hit record highs at $38K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Wood Box and Cable Drum in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
MexicoN/AN/AN/A0.10%
United StatesN/AN/AN/A0.10%
SpainN/AN/AN/A0.10%
NicaraguaN/AN/A0.1N/A0%
PeruN/AN/AN/AN/A0%
GermanyN/AN/AN/AN/A0%
France0.6N/AN/AN/A0%
Costa RicaN/AN/AN/AN/A0%
El Salvador5.7N/A0.3N/A-77.1%
HondurasN/AN/A0.2N/A0%
Netherlands31.10.24.9N/A-60.3%
Others0.5N/A0.9N/A34.2%
Total38.10.26.50.3-80.1%

Top Export Markets for Wood Box and Cable Drum from Guatemala in 2022:

  1. Mexico (7.0 units)
  2. Costa Rica (5.0 units)
  3. Spain (2.0 units)
  4. Honduras (1.0 units)
  5. United States (1.0 units)
  6. Germany (1.0 units)
  7. Peru (1.0 units)
  8. Nicaragua (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for wood box and cable drum 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 16241320 - Cases, boxes, crates, drums and similar packings of wood (excluding cable drums)

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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