Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Guatemala - 2023
Contents:
- Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Guatemala (CIF) - 2023
- Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Guatemala (FOB) - 2022
- Imports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Guatemala
- Exports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Guatemala
Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Guatemala (CIF) - 2023
In October 2023, the average import price for paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium amounted to $4,140 per ton, picking up by 2.7% against the previous month. Overall, the import price, however, recorded a perceptible setback. The pace of growth was the most pronounced in February 2023 an increase of 18% m-o-m. The import price peaked at $7,438 per ton in October 2022; however, from November 2022 to October 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Costa Rica ($22,670 per ton), while the price for Taiwan (Chinese) ($1,997 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Brazil (+5.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Guatemala (FOB) - 2022
The average export price for paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium stood at $3,803 per ton in 2022, growing by 29% against the previous year. In general, the export price, however, recorded a noticeable curtailment. Over the period under review, the average export prices hit record highs at $4,742 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to El Salvador ($4,565 per ton) and Costa Rica ($4,122 per ton), while the average price for exports to Panama ($3,080 per ton) and the Dominican Republic ($3,507 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to El Salvador (-0.3%), while the prices for the other major destinations experienced a decline.
Imports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Guatemala
In 2022, overseas purchases of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium decreased by -26% to 2.6K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports continue to indicate a deep slump. The pace of growth appeared the most rapid in 2021 with an increase of 7%. As a result, imports reached the peak of 3.5K tons, and then dropped significantly in the following year.
In value terms, imports of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium shrank modestly to $11M in 2022. The total import value increased at an average annual rate of +7.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 32% against the previous year. As a result, imports reached the peak of $11M, and then fell slightly in the following year.
| Import of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Guatemala (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 1.6 | 2.2 | 3.2 | 3.1 | 24.7% |
| China | 0.1 | 0.4 | 0.8 | 2.0 | 171.4% |
| Costa Rica | 3.6 | 2.1 | 2.3 | 1.9 | -19.2% |
| Taiwan (Chinese) | 0.6 | 0.3 | 0.5 | 1.0 | 18.6% |
| United States | 0.9 | 0.7 | 0.9 | 0.7 | -8.0% |
| El Salvador | 0.7 | 0.6 | 0.6 | 0.5 | -10.6% |
| Germany | 0.2 | 0.3 | 0.2 | 0.5 | 35.7% |
| Italy | 0.2 | 0.3 | 0.3 | 0.4 | 26.0% |
| Hong Kong SAR | 0.7 | 0.8 | 1.4 | 0.1 | -47.7% |
| Others | 0.3 | 0.8 | 0.8 | 0.7 | 32.6% |
| Total | 8.9 | 8.4 | 11.1 | 10.9 | 7.0% |
Top Suppliers of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium to Guatemala in 2022:
- Mexico (778.2 tons)
- China (684.3 tons)
- Costa Rica (367.7 tons)
- Taiwan (Chinese) (200.7 tons)
- United States (111.8 tons)
- Germany (106.6 tons)
- El Salvador (93.5 tons)
- Italy (76.5 tons)
- Hong Kong SAR (26.2 tons)
Exports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Guatemala
In 2022, the amount of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium exported from Guatemala surged to 766 tons, increasing by 39% on 2021. Over the period under review, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of paints and varnishes, based on acrylic or vinyl polymers, non-aqueous medium soared to $2.9M in 2022. Overall, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Dominican Republic | 587 | 483 | 564 | 1,121 | 24.1% |
| Honduras | 198 | 190 | 388 | 529 | 38.8% |
| El Salvador | 208 | 167 | 305 | 430 | 27.4% |
| Nicaragua | 58.0 | 66.3 | 72.8 | 322 | 77.1% |
| Costa Rica | 149 | 131 | 98.8 | 271 | 22.1% |
| Panama | 46.6 | 24.1 | 68.2 | 104 | 30.7% |
| United States | 35.1 | 163 | 57.6 | 88.6 | 36.2% |
| Others | 1.3 | 4.6 | 76.1 | 47.6 | 232.1% |
| Total | 1,283 | 1,229 | 1,630 | 2,914 | 31.4% |
Top Export Markets for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Non-Aqueous Medium from Guatemala in 2022:
- Dominican Republic (319.7 tons)
- Honduras (134.1 tons)
- El Salvador (94.1 tons)
- Nicaragua (86.1 tons)
- Costa Rica (65.9 tons)
- Panama (33.9 tons)
- United States (21.8 tons)
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