Price for Chain; Articulated Link, Roller, of Iron or Steel in Guatemala - 2023

Contents:

1. Price for Chain; Articulated Link, Roller, of Iron or Steel in Guatemala (CIF) - 2022
2. Price for Chain; Articulated Link, Roller, of Iron or Steel in Guatemala (FOB) - 2022
3. Imports of Chain; Articulated Link, Roller, of Iron or Steel in Guatemala
4. Exports of Chain; Articulated Link, Roller, of Iron or Steel in Guatemala

Price for Chain; Articulated Link, Roller, of Iron or Steel in Guatemala (CIF) - 2022

The average import price for chain; articulated link, roller, of iron or steel stood at $7,160 per ton in 2022, growing by 74% against the previous year. In general, import price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for chain; articulated link, roller, of iron or steel increased by +79.9% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 Germany ($21,784 per ton), while the price for the UK ($4,836 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Chain; Articulated Link, Roller, of Iron or Steel in Guatemala (FOB) - 2022

The average export price for chain; articulated link, roller, of iron or steel stood at $7,880 per ton in 2022, remaining relatively unchanged against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.0%. The most prominent rate of growth was recorded in 2015 an increase of 27%. Over the period under review, the average export prices hit record highs at $9,185 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was El Salvador ($12,628 per ton), while the average price for exports to Nicaragua ($4,296 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 Panama (+15.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Chain; Articulated Link, Roller, of Iron or Steel in Guatemala

In 2022, the amount of chain; articulated link, roller, of iron or steel imported into Guatemala declined dramatically to 459 tons, with a decrease of -57% compared with the previous year. Overall, imports saw a drastic downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 65%. As a result, imports attained the peak of 1.1K tons, and then contracted remarkably in the following year.

In value terms, imports of chain; articulated link, roller, of iron or steel fell markedly to $3.3M in 2022. In general, total imports indicated notable growth from 2019 to 2022: its value increased at an average annual rate of +3.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +27.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 71%. As a result, imports attained the peak of $4.4M, and then dropped rapidly in the following year.

Top Suppliers of Chain; Articulated Link, Roller, of Iron or Steel to Guatemala in 2022:

1. China (252.9 tons)
2. Brazil (74.2 tons)
3. Malaysia (36.9 tons)
4. Germany (16.7 tons)
5. United States (15.6 tons)
6. United Kingdom (14.8 tons)
7. Japan (13.4 tons)
8. Taiwan (Chinese) (9.0 tons)
9. Colombia (6.9 tons)
10. Mexico (3.0 tons)

Exports of Chain; Articulated Link, Roller, of Iron or Steel in Guatemala

In 2022, overseas shipments of chain; articulated link, roller, of iron or steel decreased by -10.2% to 17 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, showed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 413%. As a result, the exports attained the peak of 36 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of chain; articulated link, roller, of iron or steel reduced to $136K in 2022. In general, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 265% against the previous year. As a result, the exports reached the peak of $230K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Top Export Markets for Chain; Articulated Link, Roller, of Iron or Steel from Guatemala in 2022:

1. Nicaragua (7.3 tons)
2. El Salvador (5.1 tons)
3. Honduras (4.9 tons)

Source: IndexBox Market Intelligence Platform