Guatemala: Photographic Film Market 2024

Photographic Film Market Size in Guatemala

In 2023, the Guatemalan photographic film market decreased by X% to $X for the first time since 2020, thus ending a two-year rising trend. The market value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X. From 2014 to 2023, the growth of the market remained at a somewhat lower figure.

Photographic Film Exports

Exports from Guatemala

In 2023, shipments abroad of photographic plates and film, photographic paper, paperboard and textiles and instant print film, sensitized, unexposed decreased by X% to X square meters for the first time since 2017, thus ending a five-year rising trend. Over the period under review, exports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The exports peaked at X square meters in 2022, and then reduced markedly in the following year.

In value terms, photographic film exports fell notably to $X in 2023. Overall, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The exports peaked at $X in 2022, and then shrank rapidly in the following year.

Exports by Country

El Salvador (X square meters) was the main destination for photographic film exports from Guatemala, with a X% share of total exports. Moreover, photographic film exports to El Salvador exceeded the volume sent to the second major destination, Honduras (X square meters), fourfold. The third position in this ranking was held by Nicaragua (X square meters), with a X% share.

From 2012 to 2023, the average annual growth rate of volume to El Salvador stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Honduras (X% per year) and Nicaragua (X% per year).

In value terms, El Salvador ($X) remains the key foreign market for photographic plates and film, photographic paper, paperboard and textiles and instant print film, sensitized, unexposed exports from Guatemala, comprising X% of total exports. The second position in the ranking was taken by Honduras ($X), with a X% share of total exports. It was followed by Costa Rica, with a X% share.

From 2012 to 2023, the average annual growth rate of value to El Salvador totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Honduras (X% per year) and Costa Rica (X% per year).

Export Prices by Country

In 2023, the average photographic film export price amounted to $X per square meter, jumping by X% against the previous year. Overall, export price indicated a buoyant expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 an increase of X%. Over the period under review, the average export prices hit record highs at $X per square meter in 2020; however, from 2021 to 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Costa Rica ($X per square meter), while the average price for exports to El Salvador ($X per square meter) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Honduras (X%), while the prices for the other major destinations experienced more modest paces of growth.

Photographic Film Imports

Imports into Guatemala

In 2023, photographic film imports into Guatemala fell to X square meters, with a decrease of X% compared with the year before. Over the period under review, imports saw a mild decline. The pace of growth was the most pronounced in 2021 with an increase of X%. Imports peaked at X square meters in 2013; however, from 2014 to 2023, imports remained at a lower figure.

In value terms, photographic film imports shrank to $X in 2023. The total import value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2022, and then fell in the following year.

Imports by Country

China (X square meters), the United States (X square meters) and Belgium (X square meters) were the main suppliers of photographic film imports to Guatemala, with a combined X% share of total imports. Germany, Taiwan (Chinese), Japan, the Netherlands, Niger, Brazil, Mexico and El Salvador lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the biggest increases were recorded for the Netherlands (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constituted the largest supplier of photographic plates and film, photographic paper, paperboard and textiles and instant print film, sensitized, unexposed to Guatemala, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports. It was followed by Belgium, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value from the United States stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Belgium (X% per year).

Import Prices by Country

In 2023, the average photographic film import price amounted to $X per square meter, standing approx. at the previous year. Over the last eleven years, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2022 when the average import price increased by X%. As a result, import price reached the peak level of $X per square meter, leveling off in the following year.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by El Salvador (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform