Report Update: May 1, 2024

Guatemala - Drawn Glass And Blown Glass - Market Analysis, Forecast, Size, Trends and Insights

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Price for Drawn Glass and Blown Glass in Guatemala - 2023

Price for Drawn Glass and Blown Glass in Guatemala (FOB) - 2022

The average export price for drawn glass and blown glass stood at $30 per square meter in 2022, declining by -7.9% against the previous year. Over the period under review, export price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, drawn glass and blown glass export price increased by +65.6% against 2020 indices. The growth pace was the most rapid in 2021 when the average export price increased by 80% against the previous year. As a result, the export price attained the peak level of $32 per square meter, and then fell in the following year.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Costa Rica ($30 per square meter) and Nicaragua ($30 per square meter), while the average price for exports to El Salvador ($29 per square meter) and Panama ($29 per square meter) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Panama (+7.0%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Drawn Glass and Blown Glass in Guatemala (CIF) - 2022

In 2022, the average import price for drawn glass and blown glass amounted to $9.5 per square meter, dropping by -63.6% against the previous year. Overall, the import price, however, enjoyed a strong increase. The most prominent rate of growth was recorded in 2015 an increase of 437% against the previous year. The import price peaked at $44 per square meter in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($40 per square meter), while the price for China stood at $8.9 per square meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+15.6%).

Exports of Drawn Glass and Blown Glass in Guatemala

In 2022, after three years of growth, there was significant decline in shipments abroad of drawn glass and blown glass, when their volume decreased by -54.1% to 6.5K square meters. Over the period under review, exports, however, saw a significant expansion. The growth pace was the most rapid in 2020 with an increase of 514%. Over the period under review, the exports hit record highs at 14K square meters in 2021, and then reduced remarkably in the following year.

In value terms, drawn glass and blown glass exports dropped notably to $192K in 2022. In general, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 479% against the previous year. The exports peaked at $453K in 2021, and then shrank sharply in the following year.

Export of Drawn Glass and Blown Glass in Guatemala (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Honduras	22.4	40.5	186	84.8	55.9%
Panama	0.2	0.6	68.6	60.0	569.4%
El Salvador	5.3	7.8	7.9	31.0	80.2%
Costa Rica	0.3	174	178	10.2	224.0%
Nicaragua	12.3	19.1	9.2	2.7	-39.7%
Others	2.3	6.4	3.6	2.9	8.0%
Total	42.8	248	453	192	64.9%

Top Export Markets for Drawn Glass and Blown Glass from Guatemala in 2022:

Honduras (2.9K square meters)
Panama (2.0K square meters)
El Salvador (1.1K square meters)
Costa Rica (0.3K square meters)
Nicaragua (0.1K square meters)

Imports of Drawn Glass and Blown Glass in Guatemala

In 2022, supplies from abroad of drawn glass and blown glass increased by 2,186% to 15K square meters for the first time since 2019, thus ending a two-year declining trend. In general, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, drawn glass and blown glass imports skyrocketed to $143K in 2022. Overall, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Drawn Glass and Blown Glass in Guatemala (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	11.7	12.2	2.4	133	124.8%
Others	6.0	12.5	14.8	9.5	16.6%
Total	17.7	24.7	17.2	143	100.7%

Top Suppliers of Drawn Glass and Blown Glass to Guatemala in 2022:

China (14.9K square meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for drawn glass and blown glass 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 23111150 - Sheets, of drawn glass or blown glass, whether or not having an absorbent, reflecting or non-reflecting layer, but not otherwise worked

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023