Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Guatemala - 2024

Contents:

  1. Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Guatemala (CIF) - 2022
  2. Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Guatemala (FOB) - 2022
  3. Imports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Guatemala
  4. Exports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Guatemala

Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Guatemala (CIF) - 2022

In 2022, the average import price for man-made filament yarn (other than sewing thread), put up for retail sale amounted to $3,181 per ton, declining by -27.1% against the previous year. Over the period under review, the import price recorded a deep slump. The pace of growth was the most pronounced in 2021 when the average import price increased by 114% against the previous year. The import price peaked at $6,719 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Mexico ($12,744 per ton), while the price for China ($1,969 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+25.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Guatemala (FOB) - 2022

In 2022, the average export price for man-made filament yarn (other than sewing thread), put up for retail sale amounted to $10,838 per ton, growing by 98% against the previous year. In general, the export price showed strong growth. The pace of growth was the most pronounced in 2019 when the average export price increased by 392% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Panama ($9,036 per ton), while the average price for exports to the United States ($4,354 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 Nicaragua (+3.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Guatemala

In 2022, approx. 393 tons of man-made filament yarn (other than sewing thread), put up for retail sale were imported into Guatemala; rising by 68% against 2021. In general, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +14.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of man-made filament yarn (other than sewing thread), put up for retail sale skyrocketed to $1.3M in 2022. Over the period under review, imports posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 54%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.

Import of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China37740828659216.2%
United States14.57.671.7569239.8%
Mexico22525031781.4-28.7%
India74.4N/AN/A0.4-82.5%
El Salvador19.612.84.9N/A-50.0%
Taiwan (Chinese)N/AN/A365N/A0%
Others12.20.72.810.7-4.3%
Total7236791,0481,25320.1%

Top Suppliers of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale to Guatemala in 2022:

  1. China (300.6 tons)
  2. United States (84.6 tons)
  3. Mexico (6.4 tons)
  4. India (0.1 tons)

Exports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Guatemala

In 2022, overseas shipments of man-made filament yarn (other than sewing thread), put up for retail sale decreased by -43.3% to 22 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2020 with an increase of 261% against the previous year.

In value terms, exports of man-made filament yarn (other than sewing thread), put up for retail sale fell rapidly to $109K in 2022. In general, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 261% against the previous year.

Export of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/A6.439.170.9232.8%
El SalvadorN/A91.816634.2-39.0%
Panama24.84.14.13.5-47.9%
Nicaragua4.85.86.1N/A12.7%
Others0.40.10.80.2-20.6%
Total30.010821610953.7%

Top Export Markets for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale from Guatemala in 2022:

  1. United States (16.3 tons)
  2. El Salvador (5.7 tons)
  3. Panama (0.4 tons)

Source: IndexBox Market Intelligence Platform

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