Guatemala - Voiles, Webs, Mats And Other Articles Of Glass Fibers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGlass Fiber Price in Guatemala - 2023
Contents:
- Glass Fiber Price in Guatemala (CIF) - 2023
- Glass Fiber Price in Guatemala (FOB) - 2022
- Glass Fiber Imports in Guatemala
- Glass Fiber Exports in Guatemala
Glass Fiber Price in Guatemala (CIF) - 2023
The average glass fiber import price stood at $3,183 per ton in October 2023, reducing by -56.5% against the previous month. In general, the import price, however, continues to indicate slight growth. The most prominent rate of growth was recorded in September 2023 when the average import price increased by 93% month-to-month. As a result, import price reached the peak level of $7,321 per ton, and then dropped significantly in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($30,417 per ton), while the price for China ($1,199 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by the United States (+11.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Glass Fiber Price in Guatemala (FOB) - 2022
The average glass fiber export price stood at $4,258 per ton in 2022, growing by 7.6% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 75%. As a result, the export price reached the peak level of $7,845 per ton. From 2018 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($62,843 per ton), while the average price for exports to Mexico ($2,713 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 United States (+11.4%), while the prices for the other major destinations experienced more modest paces of growth.
Glass Fiber Imports in Guatemala
Glass fiber imports into Guatemala surged to 2.5K tons in 2022, picking up by 164% on the previous year's figure. Over the period under review, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, glass fiber imports skyrocketed to $8.5M in 2022. In general, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Glass Fiber in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 493 | 633 | 826 | 2,395 | 69.4% |
| United States | 381 | 329 | 487 | 1,968 | 72.9% |
| Mexico | 808 | 1,058 | 654 | 1,752 | 29.4% |
| Colombia | 320 | 294 | 168 | 1,134 | 52.5% |
| Malaysia | N/A | N/A | N/A | 446 | 0% |
| South Korea | 15.1 | 0.3 | N/A | 136 | 108.1% |
| Others | 156 | 161 | 447 | 663 | 62.0% |
| Total | 2,174 | 2,475 | 2,582 | 8,494 | 57.5% |
Top Suppliers of Glass Fiber to Guatemala in 2022:
- China (1220.7 tons)
- Mexico (465.8 tons)
- Colombia (382.4 tons)
- United States (252.9 tons)
- South Korea (50.8 tons)
- Malaysia (50.7 tons)
Glass Fiber Exports in Guatemala
For the fourth consecutive year, Guatemala recorded growth in overseas shipments of voiles, webs, mats and other articles of glass fibers, which increased by 21% to 113 tons in 2022. Over the period under review, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2021 with an increase of 48%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, glass fiber exports skyrocketed to $483K in 2022. Overall, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +17.6% 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 +67.8% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Glass Fiber in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Honduras | 31.5 | 94.6 | 127 | 180 | 78.8% |
| United States | 82.1 | 82.1 | 87.0 | 87.8 | 2.3% |
| El Salvador | 74.9 | 78.0 | 103 | 78.2 | 1.4% |
| Costa Rica | 21.3 | 0.9 | 10.5 | 45.8 | 29.1% |
| Mexico | 0.5 | N/A | 0.2 | 36.4 | 317.6% |
| Nicaragua | 48.5 | 19.3 | 27.5 | 31.0 | -13.9% |
| Others | 37.9 | 12.9 | 15.2 | 23.4 | -14.8% |
| Total | 297 | 288 | 370 | 483 | 17.6% |
Top Export Markets for Glass Fiber from Guatemala in 2022:
- Honduras (64.7 tons)
- El Salvador (19.6 tons)
- Mexico (13.4 tons)
- Costa Rica (9.8 tons)
- Nicaragua (3.4 tons)
- United States (1.4 tons)
This report provides an in-depth analysis of the glass fiber 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 23141210 -
- Prodcom 23141230 -
- Prodcom 23141250 - Non-woven glass fibre webs, felts, mattresses and boards
- Prodcom 23141293 -
- Prodcom 23141295 -
- Prodcom 23141299 -
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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