Guatemala: Paper Hand Towels Market 2024

Paper Hand Towels Market Size in Guatemala

The Guatemalan paper hand towels market expanded markedly to $X in 2022, surging by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in the near future.

Paper Hand Towels Production in Guatemala

In value terms, paper hand towels production stood at $X in 2022 estimated in export price. Overall, the total production indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2020 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Paper Hand Towels Exports

Exports from Guatemala

In 2022, shipments abroad of paper hand towels decreased by X% to X tons, falling for the second consecutive year after nine years of growth. In general, exports, however, continue to indicate prominent growth. The pace of growth appeared the most rapid in 2020 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, paper hand towels exports dropped modestly to $X in 2022. Over the period under review, exports, however, showed strong growth. The most prominent rate of growth was recorded in 2020 when exports increased by X%. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Costa Rica (X tons), Honduras (X tons) and El Salvador (X tons) were the main destinations of paper hand towels exports from Guatemala, together accounting for X% of total exports. Nicaragua, Panama and Belize lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Belize (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Costa Rica ($X), Honduras ($X) and El Salvador ($X) constituted the largest markets for paper hand towels exported from Guatemala worldwide, with a combined X% share of total exports. Nicaragua, Panama and Belize lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Belize, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average paper hand towels export price stood at $X per ton in 2022, rising by X% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price increased by X%. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Costa Rica ($X per ton) and Nicaragua ($X per ton), while the average price for exports to Panama ($X per ton) and Belize ($X 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 Costa Rica (X%), while the prices for the other major destinations experienced more modest paces of growth.

Paper Hand Towels Imports

Imports into Guatemala

In 2022, purchases abroad of paper hand towels increased by X% to X tons, rising for the second year in a row after five years of decline. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2016 to 2022, the growth of imports remained at a lower figure.

In value terms, paper hand towels imports expanded notably to $X in 2022. In general, total imports indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2015 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in the near future.

Imports by Country

Colombia (X tons), Mexico (X tons) and El Salvador (X tons) were the main suppliers of paper hand towels imports to Guatemala, with a combined X% share of total imports. The United States, Costa Rica, Germany and China lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X), Colombia ($X) and El Salvador ($X) constituted the largest paper hand towels suppliers to Guatemala, together comprising X% of total imports. The United States, Costa Rica, Germany and China lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Germany, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average paper hand towels import price stood at $X per ton in 2022, surging by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2017 an increase of X%. Over the period under review, average import prices attained the maximum in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Colombia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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