Price for Wood; Shingles and Shakes in Guatemala - 2023
Contents:
- Price for Wood; Shingles and Shakes in Guatemala (CIF) - 2022
- Price for Wood; Shingles and Shakes in Guatemala (FOB) - 2022
- Imports of Wood; Shingles and Shakes in Guatemala
- Exports of Wood; Shingles and Shakes in Guatemala
Price for Wood; Shingles and Shakes in Guatemala (CIF) - 2022
The average wood; shingles and shakes import price stood at $1,063 per ton in 2022, falling by -25% against the previous year. In general, the import price recorded a deep slump. The most prominent rate of growth was recorded in 2018 when the average import price increased by 93% against the previous year. The import price peaked at $3,771 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
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 ($5,662 per ton), while the price for China totaled $436 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-9.0%), while the prices for the other major suppliers experienced a decline.
Price for Wood; Shingles and Shakes in Guatemala (FOB) - 2022
The average wood; shingles and shakes export price stood at $1,352 per ton in 2022, dropping by -55.2% against the previous year. In general, the export price continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2021 an increase of 56% against the previous year. The export price peaked at $4,198 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Costa Rica ($13,376 per ton), while the average price for exports to El Salvador amounted to $603 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Honduras (+19.7%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Wood; Shingles and Shakes in Guatemala
In 2022, the amount of wood; shingles and shakeses imported into Guatemala declined dramatically to 30 tons, which is down by -37.3% compared with the previous year. Over the period under review, imports showed a noticeable setback. The most prominent rate of growth was recorded in 2021 with an increase of 141% against the previous year. As a result, imports attained the peak of 49 tons, and then dropped sharply in the following year.
In value terms, wood; shingles and shakes imports declined rapidly to $32K in 2022. Overall, imports faced a precipitous descent. The growth pace was the most rapid in 2021 when imports increased by 74%.
Import of Wood; Shingles and Shakes in Guatemala (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 5.3 | 10.1 | 3.4 | 20.7 | 57.5% |
China | N/A | N/A | N/A | 11.7 | 0% |
Guyana | 33.1 | 22.5 | 45.4 | N/A | 17.1% |
Mexico | 40.2 | 6.7 | 19.8 | N/A | -29.8% |
Others | 26.7 | 0.3 | 0.4 | N/A | -87.8% |
Total | 105 | 39.6 | 68.9 | 32.4 | -32.4% |
Top Suppliers of Wood; Shingles and Shakes to Guatemala in 2022:
- China (26.8 tons)
- United States (3.7 tons)
Exports of Wood; Shingles and Shakes in Guatemala
In 2022, shipments abroad of wood; shingles and shakeses was finally on the rise to reach 5.9 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, wood; shingles and shakes exports skyrocketed to $8K in 2022. In general, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Wood; Shingles and Shakes in Guatemala (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Costa Rica | 0.1 | 0.1 | 0.1 | 4.7 | 260.9% |
El Salvador | 0.1 | 0.1 | 0.1 | 3.4 | 224.0% |
United States | 1.7 | 1.3 | 0.8 | N/A | -31.4% |
Others | 0.1 | 0.1 | 0.1 | N/A | 0.0% |
Total | 1.9 | 1.6 | 1.1 | 8.0 | 61.5% |
Top Export Markets for Wood; Shingles and Shakes from Guatemala in 2022:
- El Salvador (5.6 tons)
- Costa Rica (0.3 tons)
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