Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Guatemala - 2023
Contents:
- Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Guatemala (CIF) - 2022
- Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Guatemala (FOB) - 2022
- Imports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Guatemala
- Exports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Guatemala
Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Guatemala (CIF) - 2022
The average import price for fabrics; looped pile fabrics, of cotton, knitted or crocheted stood at $8,359 per ton in 2022, with an increase of 18% against the previous year. Overall, the import price saw a buoyant expansion. The growth pace was the most rapid in 2014 an increase of 245%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Korea ($10,064 per ton), while the price for Hong Kong SAR ($7,143 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+1.5%), while the prices for the other major suppliers experienced a decline.
Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Guatemala (FOB) - 2022
The average export price for fabrics; looped pile fabrics, of cotton, knitted or crocheted stood at $10,501 per ton in 2022, with an increase of 30% against the previous year. Over the period under review, the export price enjoyed a prominent increase. The most prominent rate of growth was recorded in 2017 an increase of 66%. The export price peaked in 2022 and is expected to retain growth in the near future.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Costa Rica ($10,567 per ton), while the average price for exports to Nicaragua stood at $9,542 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Costa Rica (+31.1%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Guatemala
For the fourth consecutive year, Guatemala recorded growth in overseas purchases of fabrics; looped pile fabrics, of cotton, knitted or crocheted, which increased by 20% to 1.2K tons in 2022. Over the period under review, imports enjoyed significant growth. The growth pace was the most rapid in 2021 with an increase of 76% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, imports of fabrics; looped pile fabrics, of cotton, knitted or crocheted skyrocketed to $10M in 2022. In general, imports showed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 100%. Imports peaked in 2022 and are likely to continue growth in the near future.
| Import of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Guatemala (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.4 | 3.6 | 5.1 | 9.2 | 39.3% |
| South Korea | 0.1 | N/A | 0.5 | 1.1 | 122.4% |
| Hong Kong SAR | N/A | N/A | 1.7 | N/A | 0% |
| Others | N/A | 0.1 | N/A | N/A | 0% |
| Total | 3.5 | 3.7 | 7.4 | 10.4 | 43.8% |
Top Suppliers of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted to Guatemala in 2022:
- China (1127.7 tons)
- South Korea (114.1 tons)
Exports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Guatemala
Exports of fabrics; looped pile fabrics, of cotton, knitted or crocheted from Guatemala surged to 205 tons in 2022, with an increase of 75% compared with the previous year's figure. Overall, exports saw a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 883% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, exports of fabrics; looped pile fabrics, of cotton, knitted or crocheted soared to $2.2M in 2022. In general, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 809%. The exports peaked in 2022 and are likely to continue growth in the immediate term.
| Export of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Costa Rica | N/A | N/A | 708 | 2,119 | 199.3% |
| El Salvador | N/A | N/A | 42.2 | 18.4 | -56.4% |
| Nicaragua | 162 | 104 | 194 | 8.0 | -63.3% |
| Haiti | 79.3 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | 11.3 | 0% |
| Total | 241 | 104 | 944 | 2,156 | 107.6% |
Top Export Markets for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted from Guatemala in 2022:
- Costa Rica (200.5 tons)
- El Salvador (2.9 tons)
- Nicaragua (0.8 tons)
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