Guatemala - Plastic Reservoirs, Tanks And Vats - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPlastic Reservoir Price in Guatemala - 2023
Contents:
- Plastic Reservoir Price in Guatemala (FOB) - 2023
- Plastic Reservoir Price in Guatemala (CIF) - 2022
- Plastic Reservoir Exports in Guatemala
- Plastic Reservoir Imports in Guatemala
Plastic Reservoir Price in Guatemala (FOB) - 2023
In June 2023, the average plastic reservoir export price amounted to $4,066 per ton, falling by -6.3% against the previous month. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in August 2022 an increase of 26% against the previous month. The export price peaked at $4,439 per ton in April 2023; however, from May 2023 to June 2023, the export prices failed to regain momentum.
Average prices varied noticeably for the major external markets. In June 2023, the country with the highest price was Nicaragua ($4,821 per ton), while the average price for exports to El Salvador ($3,905 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Costa Rica (+1.7%), while the prices for the other major destinations experienced more modest paces of growth.
Plastic Reservoir Price in Guatemala (CIF) - 2022
The average plastic reservoir import price stood at $3,815 per ton in 2022, waning by -14.8% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 39%. The import price peaked at $5,756 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($9,011 per ton), while the price for South Korea ($875 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by El Salvador (+20.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Plastic Reservoir Exports in Guatemala
After three years of growth, shipments abroad of plastic reservoirs, tanks and vats decreased by -16.5% to 2K tons in 2022. The total export volume increased at an average annual rate of +6.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when exports increased by 26% against the previous year.
In value terms, plastic reservoir exports fell to $7.6M in 2022. In general, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +17.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +60.8% against 2019 indices. The growth pace was the most rapid in 2020 when exports increased by 29% against the previous year.
| Export of Plastic Reservoir in Guatemala (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| El Salvador | 2.0 | 2.2 | 3.5 | 4.1 | 27.0% |
| Honduras | 1.8 | 3.0 | 3.3 | 3.0 | 18.6% |
| Costa Rica | 0.4 | 0.4 | 0.5 | 0.3 | -9.1% |
| Nicaragua | 0.5 | 0.5 | 0.4 | 0.2 | -26.3% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 4.7 | 6.1 | 7.6 | 7.6 | 17.4% |
Top Export Markets for Plastic Reservoir from Guatemala in 2022:
- El Salvador (1097.0 tons)
- Honduras (764.9 tons)
- Costa Rica (71.8 tons)
- Nicaragua (41.0 tons)
Plastic Reservoir Imports in Guatemala
In 2022, the amount of plastic reservoirs, tanks and vats imported into Guatemala skyrocketed to 170 tons, increasing by 46% compared with 2021 figures. Over the period under review, imports recorded a significant expansion. The growth pace was the most rapid in 2021 with an increase of 115%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, plastic reservoir imports soared to $649K in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +12.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +107.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 67%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Plastic Reservoir in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 180 | 140 | 155 | 157 | -4.5% |
| Honduras | 3.5 | 5.0 | 28.0 | 137 | 239.5% |
| China | 12.5 | 8.7 | 7.8 | 129 | 117.7% |
| Germany | 0.6 | 26.8 | 67.2 | 76.9 | 404.2% |
| Mexico | 69.3 | 53.0 | 182 | 53.3 | -8.4% |
| Costa Rica | 14.9 | 9.5 | 20.3 | 51.7 | 51.4% |
| Brazil | 33.4 | 21.9 | 17.8 | 22.6 | -12.2% |
| El Salvador | 30.5 | 32.9 | 34.6 | 12.8 | -25.1% |
| South Korea | 0.1 | N/A | N/A | 5.6 | 282.6% |
| Spain | 62.4 | N/A | N/A | 1.4 | -71.8% |
| Others | 48.8 | 15.3 | 11.0 | 2.3 | -63.9% |
| Total | 456 | 313 | 524 | 649 | 12.5% |
Top Suppliers of Plastic Reservoir to Guatemala in 2022:
- China (46.0 tons)
- Honduras (38.7 tons)
- Costa Rica (34.4 tons)
- United States (22.3 tons)
- Germany (8.5 tons)
- Mexico (7.2 tons)
- South Korea (6.4 tons)
- El Salvador (3.0 tons)
- Brazil (2.1 tons)
- Spain (0.4 tons)
This report provides an in-depth analysis of the plastic reservoir market in Guatemala. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 22231300 - Plastic reservoirs, tanks, vats, intermediate bulk and similar containers, of a capacity > .300 litres
Country coverage:
- Guatemala
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Guatemala
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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