Guatemala: Paper And Paperboard Market 2024

Paper And Paperboard Market Size in Guatemala

In 2022, the Guatemalan paper and paperboard market increased by X% to $X, rising for the second year in a row after two years of decline. In general, consumption recorded a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2018; afterwards, it flattened through to 2022.

Paper And Paperboard Exports

Exports from Guatemala

In 2022, overseas shipments of paper and paperboard (creped, crinkled, embossed or perforated) increased by X% to X tons for the first time since 2018, thus ending a three-year declining trend. Overall, exports posted significant growth. The pace of growth was the most pronounced in 2015 when exports increased by X% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, paper and paperboard exports soared to $X in 2022. In general, exports enjoyed a significant increase. The growth pace was the most rapid in 2013 with an increase of X%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Exports by Country

Nicaragua (X tons) was the main destination for paper and paperboard exports from Guatemala, with a X% share of total exports. Moreover, paper and paperboard exports to Nicaragua exceeded the volume sent to the second major destination, Honduras (X tons), twofold. The third position in this ranking was held by El Salvador (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Nicaragua totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Honduras (X% per year) and El Salvador (X% per year).

In value terms, Nicaragua ($X) remains the key foreign market for paper and paperboard (creped, crinkled, embossed or perforated) exports from Guatemala, comprising X% of total exports. The second position in the ranking was held by El Salvador ($X), with a X% share of total exports. It was followed by the Dominican Republic, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Nicaragua totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: El Salvador (X% per year) and the Dominican Republic (X% per year).

Export Prices by Country

In 2022, the average paper and paperboard export price amounted to $X per ton, jumping by X% against the previous year. Overall, the export price continues to indicate a buoyant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Dominican Republic ($X per ton), while the average price for exports to Honduras ($X 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 the Dominican Republic (X%), while the prices for the other major destinations experienced more modest paces of growth.

Paper And Paperboard Imports

Imports into Guatemala

In 2022, purchases abroad of paper and paperboard (creped, crinkled, embossed or perforated) increased by X% to X tons for the first time since 2018, thus ending a three-year declining trend. Over the period under review, imports, however, showed a perceptible decrease. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, paper and paperboard imports surged to $X in 2022. In general, total imports indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X tons) constituted the largest paper and paperboard supplier to Guatemala, accounting for a X% share of total imports. Moreover, paper and paperboard imports from China exceeded the figures recorded by the second-largest supplier, Mexico (X tons), threefold. The third position in this ranking was taken by the United States (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (X% per year) and the United States (X% per year).

In value terms, China ($X) constituted the largest supplier of paper and paperboard (creped, crinkled, embossed or perforated) to Guatemala, comprising X% of total imports. The second position in the ranking was held by Mexico ($X), with a X% share of total imports. It was followed by the United States, with a X% share.

From 2012 to 2022, the average annual growth rate of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (X% per year) and the United States (X% per year).

Import Prices by Country

In 2022, the average paper and paperboard import price amounted to $X per ton, falling by X% against the previous year. Over the period under review, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, paper and paperboard import price increased by X% against 2016 indices. The pace of growth appeared the most rapid in 2016 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2021, and then reduced dramatically in the following year.

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 China ($X per ton), while the price for El Salvador ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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