Guatemala - Woven Fabrics Of Silk Or Of Silk Waste - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Guatemala - Woven Fabrics Of Silk Or Of Silk Waste - Market Analysis, Forecast, Size, Trends and Insights

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Silk Fabric Price in Guatemala - 2023

Contents:

  1. Silk Fabric Price in Guatemala (CIF) - 2022
  2. Silk Fabric Price in Guatemala (FOB) - 2022
  3. Silk Fabric Imports in Guatemala
  4. Silk Fabric Exports in Guatemala

Silk Fabric Price in Guatemala (CIF) - 2022

The average silk fabric import price stood at $1 per square meter in 2022, shrinking by -18.5% against the previous year. Over the period under review, the import price continues to indicate a perceptible curtailment. The growth pace was the most rapid in 2018 when the average import price increased by 62% against the previous year. The import price peaked at $1.4 per square meter in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($1.3 per square meter), while the price for El Salvador ($0.5 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Honduras (+49.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Silk Fabric Price in Guatemala (FOB) - 2022

In 2022, the average silk fabric export price amounted to $0.9 per square meter, increasing by 10% against the previous year. Over the period under review, export price indicated a strong increase from 2013 to 2022: its price increased at an average annual rate of +6.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, silk fabric export price increased by +111.3% against 2017 indices. The growth pace was the most rapid in 2014 when the average export price increased by 68% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to continue growth in years to come.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($13 per square meter), while the average price for exports to Costa Rica ($0.2 per square meter) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nicaragua (+15.0%), while the prices for the other major destinations experienced more modest paces of growth.

Silk Fabric Imports in Guatemala

In 2022, the amount of woven fabrics of silk or of silk waste imported into Guatemala contracted notably to 106K square meters, reducing by -21% on 2021. Overall, imports recorded a pronounced downturn. The growth pace was the most rapid in 2021 when imports increased by 23%. As a result, imports reached the peak of 134K square meters, and then fell significantly in the following year.

In value terms, silk fabric imports reduced markedly to $110K in 2022. In general, imports, however, posted a buoyant increase. The pace of growth was the most pronounced in 2021 when imports increased by 51%. As a result, imports reached the peak of $171K, and then contracted markedly in the following year.

Import of Silk Fabric in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Panama2.85.220.546.8155.7%
China1.62.130.143.3200.2%
South Korea3.839.824.316.362.5%
United States9.93.37.82.9-33.6%
El Salvador31.330.626.30.2-81.4%
Taiwan (Chinese)4.84.310.5N/A47.9%
Honduras11.522.534.5N/A73.2%
Others9.65.317.10.7-58.2%
Total75.311317111013.5%

Top Suppliers of Silk Fabric to Guatemala in 2022:

  1. Panama (48.7K square meters)
  2. China (38.5K square meters)
  3. South Korea (15.6K square meters)
  4. United States (2.2K square meters)
  5. El Salvador (0.4K square meters)

Silk Fabric Exports in Guatemala

Silk fabric exports from Guatemala skyrocketed to 465 square meters in 2022, jumping by 849% against the previous year's figure. Overall, exports, however, showed a abrupt descent. The exports peaked at 1.1K square meters in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, silk fabric exports surged to $404 in 2022. Over the period under review, exports continue to indicate a moderate expansion. Over the period under review, the exports hit record highs at $768 in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Export of Silk Fabric in Guatemala (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Nicaragua16430916.0158-1.2%
Costa Rica74.01387.068.0-2.8%
El Salvador90.01557.066.0-9.8%
Others32.01669.011251.8%
Total36076839.04043.9%

Top Export Markets for Silk Fabric from Guatemala in 2022:

  1. Costa Rica (346.0 square meters)
  2. Nicaragua (92.0 square meters)
  3. El Salvador (14.0 square meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the silk fabric market 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 13201100 - Woven fabrics of silk or silk waste

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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