Wooden Particle Board Price in Guatemala - 2023

Contents:

1. Wooden Particle Board Price in Guatemala (FOB) - 2022
2. Wooden Particle Board Price in Guatemala (CIF) - 2022
3. Wooden Particle Board Exports in Guatemala
4. Wooden Particle Board Imports in Guatemala

Wooden Particle Board Price in Guatemala (FOB) - 2022

The average wooden particle board export price stood at $495 per cubic meter in 2022, growing by 14% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Honduras ($582 per cubic meter) and Nicaragua ($497 per cubic meter), while the average price for exports to Costa Rica ($460 per cubic meter) and Panama ($466 per cubic meter) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nicaragua (+2.5%), while the prices for the other major destinations experienced more modest paces of growth.

Wooden Particle Board Price in Guatemala (CIF) - 2022

In 2022, the average wooden particle board import price amounted to $634 per cubic meter, growing by 54% against the previous year. Over the period under review, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, wooden particle board import price increased by +115.6% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Mexico ($1,576 per cubic meter), while the price for the United States ($40 per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+27.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Wooden Particle Board Exports in Guatemala

Wooden particle board exports from Guatemala rose rapidly to 7.5K cubic meters in 2022, surging by 11% on 2021. Overall, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 26% against the previous year. The exports peaked at 7.7K cubic meters in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, wooden particle board exports skyrocketed to $3.7M in 2022. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +7.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +76.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 40%. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in the immediate term.

Top Export Markets for Wooden Particle Board from Guatemala in 2022:

1. El Salvador (2.7K cubic meters)
2. Costa Rica (2.1K cubic meters)
3. Honduras (1.5K cubic meters)
4. Panama (0.6K cubic meters)
5. Nicaragua (0.5K cubic meters)

Wooden Particle Board Imports in Guatemala

In 2022, the amount of wooden particle board imported into Guatemala shrank remarkably to 746 cubic meters, waning by -74.1% against the previous year's figure. Over the period under review, imports continue to indicate a sharp downturn. The growth pace was the most rapid in 2021 when imports increased by 94%. As a result, imports attained the peak of 2.9K cubic meters, and then contracted remarkably in the following year.

In value terms, wooden particle board imports reduced markedly to $473K in 2022. In general, imports showed a abrupt shrinkage. The growth pace was the most rapid in 2021 with an increase of 171% against the previous year. As a result, imports reached the peak of $1.2M, and then shrank notably in the following year.

Top Suppliers of Wooden Particle Board to Guatemala in 2022:

1. China (686.0 cubic meters)
2. Mexico (58.0 cubic meters)

Source: IndexBox Market Intelligence Platform