Report Update: May 1, 2024

Guatemala - Particle Board - Market Analysis, Forecast, Size, Trends and Insights

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Particle Board Price in Guatemala - 2023

Particle Board Price in Guatemala (CIF) - 2023

The average particle board import price stood at $702 per thousand cubic meters in October 2023, picking up by 4.9% against the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in May 2023 when the average import price increased by 8.1% month-to-month. The import price peaked at $807 per thousand cubic meters in November 2022; however, from December 2022 to October 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Ecuador ($917 per thousand cubic meters), while the price for Brazil ($478 per thousand cubic meters) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Mexico (+1.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Particle Board Price in Guatemala (FOB) - 2023

The average particle board export price stood at $704 per thousand cubic meters in October 2023, which is down by -3.1% against the previous month. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 an increase of 13% against the previous month. The export price peaked at $791 per thousand cubic meters in March 2023; however, from April 2023 to October 2023, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major external markets. In October 2023, the countries with the highest prices were Honduras ($811 per thousand cubic meters) and Panama ($801 per thousand cubic meters), while the average price for exports to El Salvador ($599 per thousand cubic meters) and Nicaragua ($739 per thousand cubic meters) were amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Costa Rica (+0.3%), while the prices for the other major destinations experienced mixed trend patterns.

Particle Board Imports in Guatemala

In 2022, after three years of growth, there was significant decline in supplies from abroad of particle board, when their volume decreased by -12.1% to 40K cubic meters. In general, imports, however, posted a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 94%. As a result, imports reached the peak of 45K cubic meters, and then fell in the following year.

In value terms, particle board imports rose remarkably to $18M in 2022. Overall, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 144% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

Import of Particle Board in Guatemala (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Chile	0.6	1.0	3.8	8.3	140.1%
Mexico	1.0	0.8	2.3	2.9	42.6%
China	0.8	0.7	2.6	2.3	42.2%
Spain	0.5	0.9	1.8	1.7	50.4%
Brazil	1.3	1.9	3.6	1.2	-2.6%
Ecuador	0.5	0.4	0.7	1.0	26.0%
Turkey	0.1	0.2	0.4	0.2	26.0%
Colombia	0.3	0.3	0.3	0.1	-30.7%
Others	0.7	0.6	1.0	0.6	-5.0%
Total	5.9	6.8	16.5	18.4	46.1%

Top Suppliers of Particle Board to Guatemala in 2022:

Chile (17.7K cubic meters)
Mexico (7.5K cubic meters)
China (4.2K cubic meters)
Spain (3.6K cubic meters)
Brazil (2.7K cubic meters)
Ecuador (1.9K cubic meters)
Turkey (0.7K cubic meters)
Colombia (0.2K cubic meters)

Particle Board Exports in Guatemala

In 2022, approx. 17K cubic meters of particle board were exported from Guatemala; picking up by 5.3% compared with 2021 figures. Overall, exports, however, saw a slight downturn. The growth pace was the most rapid in 2021 with an increase of 15% against the previous year. Over the period under review, the exports hit record highs at 18K cubic meters in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, particle board exports soared to $7.8M in 2022. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +9.8% 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 +71.0% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 39%. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Particle Board in Guatemala (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
El Salvador	2.4	2.1	2.8	3.6	14.5%
Honduras	1.6	0.9	2.0	2.3	12.9%
Costa Rica	1.0	0.8	0.8	1.0	0.0%
Nicaragua	0.4	0.3	0.3	0.4	0.0%
Mexico	0.4	0.3	0.3	0.3	-9.1%
Panama	0.2	0.1	0.1	0.3	14.5%
Others	N/A	N/A	N/A	N/A	0%
Total	5.9	4.5	6.3	7.8	9.8%

Top Export Markets for Particle Board from Guatemala in 2022:

El Salvador (8.6K cubic meters)
Honduras (4.1K cubic meters)
Costa Rica (2.1K cubic meters)
Nicaragua (0.8K cubic meters)
Mexico (0.6K cubic meters)
Panama (0.6K cubic meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the particle board 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:

FCL 1697 - Particle board
FCL 1606 - OSB

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023