Price for Wood; Posts and Beams in Guatemala - 2022

Contents:

1. Price for Wood; Posts and Beams in Guatemala (CIF) - 2022
2. Price for Wood; Posts and Beams in Guatemala (FOB) - 2022
3. Imports of Wood; Posts and Beams in Guatemala
4. Exports of Wood; Posts and Beams in Guatemala

Price for Wood; Posts and Beams in Guatemala (CIF) - 2022

In 2022, the average wood; posts and beams import price amounted to $1,793 per ton, stabilizing at the previous year. In general, import price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, wood; posts and beams import price decreased by -13.3% against 2019 indices. The growth pace was the most rapid in 2018 when the average import price increased by 40% against the previous year. Over the period under review, average import prices reached the maximum at $2,067 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

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 ($3,434 per ton), while the price for Honduras ($1,026 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+13.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Wood; Posts and Beams in Guatemala (FOB) - 2022

In 2022, the average wood; posts and beams export price amounted to $1,881 per ton, with a decrease of -4.7% against the previous year. Overall, the export price continues to indicate a noticeable decrease. The pace of growth appeared the most rapid in 2017 an increase of 150%. The export price peaked at $2,980 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($7,582 per ton), while the average price for exports to El Salvador ($1,091 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 (+8.7%), while the prices for the other major destinations experienced a decline.

Imports of Wood; Posts and Beams in Guatemala

In 2022, purchases abroad of wood; posts and beamses increased by 57% to 83 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, recorded a sharp shrinkage.

In value terms, wood; posts and beams imports soared to $149K in 2022. In general, imports, however, showed a sharp reduction.

Top Suppliers of Wood; Posts and Beams to Guatemala in 2022:

1. El Salvador (18.3 tons)
2. Germany (15.0 tons)
3. Italy (14.8 tons)
4. China (13.3 tons)
5. Austria (5.8 tons)
6. Honduras (5.2 tons)
7. Mexico (4.1 tons)
8. United States (4.0 tons)

Exports of Wood; Posts and Beams in Guatemala

After two years of decline, overseas shipments of wood; posts and beamses decreased by -47.5% to 14 tons in 2022. In general, exports continue to indicate a sharp shrinkage.

In value terms, wood; posts and beams exports dropped markedly to $27K in 2022. Over the period under review, exports faced a sharp curtailment.

Top Export Markets for Wood; Posts and Beams from Guatemala in 2022:

1. El Salvador (8.6 tons)
2. Panama (2.7 tons)
3. United States (1.2 tons)
4. Costa Rica (1.0 tons)
5. Bahamas (0.9 tons)

Source: IndexBox Market Intelligence Platform