Price for Aluminium; Tubes and Pipes in Guatemala - 2023

Contents:

1. Price for Aluminium; Tubes and Pipes in Guatemala (CIF) - 2022
2. Price for Aluminium; Tubes and Pipes in Guatemala (FOB) - 2022
3. Imports of Aluminium; Tubes and Pipes in Guatemala
4. Exports of Aluminium; Tubes and Pipes in Guatemala

Price for Aluminium; Tubes and Pipes in Guatemala (CIF) - 2022

In 2022, the average aluminium; tubes and pipes import price amounted to $10,407 per ton, jumping by 16% against the previous year. In general, import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, aluminium; tubes and pipes import price increased by +60.9% against 2020 indices. The pace of growth was the most pronounced in 2021 when the average import price increased by 39%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in years to come.

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 Malaysia ($32,813 per ton), while the price for El Salvador ($2,047 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+14.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Aluminium; Tubes and Pipes in Guatemala (FOB) - 2022

In 2022, the average aluminium; tubes and pipes export price amounted to $8,270 per ton, increasing by 15% against the previous year. Over the period under review, the export price, however, showed a pronounced slump. The pace of growth was the most pronounced in 2016 an increase of 113%. Over the period under review, the average export prices hit record highs at $12,772 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Panama ($33,742 per ton), while the average price for exports to Honduras ($4,024 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 the United States (+177.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Aluminium; Tubes and Pipes in Guatemala

For the fourth year in a row, Guatemala recorded growth in purchases abroad of aluminium; tubes and pipeses, which increased by 49% to 279 tons in 2022. Over the period under review, imports posted significant growth. The growth pace was the most rapid in 2020 when imports increased by 79%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, aluminium; tubes and pipes imports skyrocketed to $2.9M in 2022. In general, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Aluminium; Tubes and Pipes to Guatemala in 2022:

1. Spain (69.2 tons)
2. Mexico (68.1 tons)
3. China (65.4 tons)
4. India (31.9 tons)
5. United States (26.9 tons)
6. Malaysia (5.6 tons)
7. El Salvador (2.1 tons)
8. Panama (0.1 tons)

Exports of Aluminium; Tubes and Pipes in Guatemala

In 2022, overseas shipments of aluminium; tubes and pipeses decreased by -37.8% to 26 tons, falling for the second year in a row after two years of growth. Overall, exports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 207% against the previous year. As a result, the exports attained the peak of 44 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, aluminium; tubes and pipes exports shrank remarkably to $214K in 2022. Over the period under review, exports, however, saw resilient growth. The pace of growth was the most pronounced in 2020 with an increase of 136%. As a result, the exports reached the peak of $315K. From 2021 to 2022, the growth of the exports remained at a lower figure.

Top Export Markets for Aluminium; Tubes and Pipes from Guatemala in 2022:

1. Honduras (20.4 tons)
2. El Salvador (3.7 tons)
3. Costa Rica (0.9 tons)
4. Panama (0.5 tons)
5. Nicaragua (0.3 tons)

Source: IndexBox Market Intelligence Platform