Horsehair Price in Guatemala - 2022

Contents:

1. Horsehair Price in Guatemala (CIF) - 2022
2. Horsehair Imports in Guatemala

Horsehair Price in Guatemala (CIF) - 2022

The average horsehair import price stood at $19,714 per ton in 2022, increasing by 59% against the previous year. Overall, the import price, however, saw a abrupt descent. The most prominent rate of growth was recorded in 2015 when the average import price increased by 68%. Over the period under review, average import prices hit record highs at $52,167 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -5.5% per year.

Horsehair Imports in Guatemala

In 2022, after three years of growth, there was significant decline in supplies from abroad of horsehair, when their volume decreased by -12.5% to 7 kg. The total import volume increased at an average annual rate of +5.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 17%.

In value terms, horsehair imports soared to $138 in 2022. In general, imports saw a deep reduction.

Top Suppliers of Horsehair to Guatemala in 2022:

1. United States (7.0 kg)

Source: IndexBox Market Intelligence Platform