Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Guatemala - 2023

Contents:

1. Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Guatemala (FOB) - 2023
2. Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Guatemala (CIF) - 2022
3. Exports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Guatemala
4. Imports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Guatemala

Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Guatemala (FOB) - 2023

The average export price for cotton waste (including yarn waste and garnetted stock) stood at $842 per ton in December 2023, surging by 38% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.8%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination: the country with the highest price was Spain ($1,080 per ton), while the average price for exports to El Salvador ($586 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Honduras (+3.9%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Cotton Waste (Including Yarn Waste and Garnetted Stock) in Guatemala (CIF) - 2022

The average import price for cotton waste (including yarn waste and garnetted stock) stood at $522 per ton in 2022, waning by -16% against the previous year. Overall, the import price recorded a abrupt descent. The most prominent rate of growth was recorded in 2021 when the average import price increased by 33%. Over the period under review, average import prices reached the peak figure at $1,232 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($1,729 per ton), while the price for Honduras ($264 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+10.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Guatemala

Exports of cotton waste (including yarn waste and garnetted stock) from Guatemala skyrocketed to 1.8K tons in 2022, surging by 27% on the year before. Overall, exports continue to indicate a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of cotton waste (including yarn waste and garnetted stock) surged to $1.1M in 2022. Over the period under review, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +8.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +56.1% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Cotton Waste (Including Yarn Waste and Garnetted Stock) from Guatemala in 2022:

1. Honduras (820.1 tons)
2. El Salvador (799.9 tons)
3. Mexico (127.2 tons)
4. Spain (13.9 tons)

Imports of Cotton Waste (Including Yarn Waste and Garnetted Stock) in Guatemala

In 2022, the amount of cotton waste (including yarn waste and garnetted stock) imported into Guatemala dropped sharply to 1K tons, falling by -54% compared with 2021. Overall, imports recorded a noticeable reduction. The pace of growth appeared the most rapid in 2021 when imports increased by 100% against the previous year. As a result, imports reached the peak of 2.2K tons, and then reduced notably in the following year.

In value terms, imports of cotton waste (including yarn waste and garnetted stock) declined sharply to $535K in 2022. In general, imports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 166% against the previous year. As a result, imports reached the peak of $1.4M, and then dropped rapidly in the following year.

Top Suppliers of Cotton Waste (Including Yarn Waste and Garnetted Stock) to Guatemala in 2022:

1. Nicaragua (335.2 tons)
2. El Salvador (273.4 tons)
3. United States (190.8 tons)
4. Honduras (187.8 tons)
5. Costa Rica (17.4 tons)
6. Vietnam (17.2 tons)
7. Spain (1.6 tons)

Source: IndexBox Market Intelligence Platform