Guatemala - Packing Cases, Boxes And Similar Packings - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Guatemala - Packing Cases, Boxes And Similar Packings - Market Analysis, Forecast, Size, Trends and Insights

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Price for Wooden Case and Box in Guatemala - 2023

Contents:

  1. Price for Wooden Case and Box in Guatemala (FOB) - 2023
  2. Price for Wooden Case and Box in Guatemala (CIF) - 2023
  3. Exports of Wooden Case and Box in Guatemala
  4. Imports of Wooden Case and Box in Guatemala

Price for Wooden Case and Box in Guatemala (FOB) - 2023

The average wooden case and box export price stood at $12.4 per unit in June 2023, approximately mirroring the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in December 2022 an increase of 1% month-to-month. As a result, the export price attained the peak level of $12.5 per unit. From January 2023 to June 2023, the the average export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In June 2023, the countries with the highest prices were Mexico ($12.4 per unit) and the United States ($12.4 per unit), while the average price for exports to El Salvador ($12.4 per unit) and Honduras ($12.4 per unit) were amongst the lowest.

From October 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Honduras (+0.0%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Wooden Case and Box in Guatemala (CIF) - 2023

In June 2023, the average wooden case and box import price amounted to $26.3 per unit, waning by -21.8% against the previous month. Over the period under review, the import price, however, posted prominent growth. The pace of growth was the most pronounced in April 2023 when the average import price increased by 48% m-o-m. Over the period under review, average import prices attained the peak figure at $33.7 per unit in May 2023, and then declined dramatically in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($43.9 per unit), while the price for Honduras ($11.5 per unit) was amongst the lowest.

From October 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the United States (+13.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Wooden Case and Box in Guatemala

In 2022, after two years of decline, there was significant growth in shipments abroad of packing cases, boxes and similar packings, when their volume increased by 18% to 3.8M units. Overall, exports, however, recorded a abrupt curtailment. Over the period under review, the exports reached the maximum at 4.7M units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, wooden case and box exports skyrocketed to $48M in 2022. In general, exports, however, showed a slight slump. Over the period under review, the exports hit record highs at $50M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Wooden Case and Box in Guatemala (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States32.728.817.125.2-8.3%
Honduras10.18.88.516.317.3%
El Salvador4.02.43.03.6-3.5%
Mexico2.62.22.42.1-6.9%
Others1.00.40.80.5-20.6%
Total50.542.731.947.6-2.0%

Top Export Markets for Wooden Case and Box from Guatemala in 2022:

  1. United States (2025.2K units)
  2. Honduras (1310.3K units)
  3. El Salvador (289.1K units)
  4. Mexico (170.0K units)

Imports of Wooden Case and Box in Guatemala

In 2022, imports of packing cases, boxes and similar packings into Guatemala skyrocketed to 1.2M units, rising by 95% against 2021 figures. Over the period under review, imports recorded a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 103% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, wooden case and box imports skyrocketed to $16M in 2022. Overall, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Wooden Case and Box in Guatemala (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Costa Rica0.10.23.111.5386.3%
Honduras1.10.81.22.124.1%
United States0.60.80.71.018.6%
Nicaragua0.30.10.10.2-12.6%
El Salvador0.60.20.10.1-45.0%
Others0.30.81.00.626.0%
Total2.92.96.215.574.8%

Top Suppliers of Wooden Case and Box to Guatemala in 2022:

  1. Costa Rica (910.3K units)
  2. Honduras (168.0K units)
  3. United States (50.7K units)
  4. Nicaragua (16.3K units)
  5. El Salvador (5.3K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for wooden case and box 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 16241133 - Flat pallets and pallet collars of wood
  • Prodcom 16241135 - Box pallets and load boards of wood (excluding flat pallets)
  • Prodcom 16241200 - Casks, barrels, vats, tubs, and coopers products and parts thereof of wood (including staves)
  • Prodcom 16241320 - Cases, boxes, crates, drums and similar packings of wood (excluding cable drums)
  • Prodcom 16241350 - Cable-drums of wood

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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