Guatemala: Market for Boards, Sheets, Panels, or Tiles of Gypsum or Plaster 2024

Market Size for Boards, Sheets, Panels, or Tiles of Gypsum or Plaster in Guatemala

For the third year in a row, the Guatemalan market for boards, sheets, panels, or tiles of gypsum or plaster recorded growth in sales value, which increased by X% to $X in 2022. Overall, consumption showed a prominent increase. Consumption of peaked in 2022 and is likely to continue growth in the near future.

Exports of Boards, Sheets, Panels, or Tiles of Gypsum or Plaster

Exports from Guatemala

After two years of decline, overseas shipments of boards, sheets, panels, or tiles of gypsum or plaster increased by X% to X square meters in 2022. Over the period under review, exports enjoyed a significant expansion. The growth pace was the most rapid in 2019 when exports increased by X% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of boards, sheets, panels, or tiles of gypsum or plaster skyrocketed to $X in 2022. In general, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Honduras (X square meters) was the main destination for exports of boards, sheets, panels, or tiles of gypsum or plaster from Guatemala, with a X% share of total exports. It was followed by Nicaragua (X square meters), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Honduras totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Nicaragua (X% per year) and El Salvador (X% per year).

In value terms, Honduras ($X) emerged as the key foreign market for boards, sheets, panels, or tiles of gypsum or plaster exports from Guatemala, comprising X% of total exports. The second position in the ranking was held by Nicaragua ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Honduras totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Nicaragua (X% per year) and El Salvador (X% per year).

Export Prices by Country

In 2022, the average export price for boards, sheets, panels, or tiles of gypsum or plaster amounted to $X per square meter, falling by X% against the previous year. In general, the export price recorded a perceptible reduction. The most prominent rate of growth was recorded in 2013 an increase of X%. As a result, the export price attained the peak level of $X per square meter. From 2014 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was El Salvador ($X per square meter), while the average price for exports to Honduras ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to El Salvador (X%), while the prices for the other major destinations experienced a decline.

Imports of Boards, Sheets, Panels, or Tiles of Gypsum or Plaster

Imports into Guatemala

For the third year in a row, Guatemala recorded growth in purchases abroad of boards, sheets, panels, or tiles of gypsum or plaster, which increased by X% to X square meters in 2022. Overall, imports saw a prominent expansion. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, imports of boards, sheets, panels, or tiles of gypsum or plaster soared to $X in 2022. In general, imports continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2018 when imports increased by X%. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, Mexico (X square meters) constituted the largest supplier of board, sheet, panel, tile and similar article of plaster to Guatemala, with a X% share of total imports. Moreover, imports of boards, sheets, panels, or tiles of gypsum or plaster from Mexico exceeded the figures recorded by the second-largest supplier, Honduras (X square meters), sixfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Mexico stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Honduras (X% per year) and China (X% per year).

In value terms, Mexico ($X) constituted the largest supplier of boards, sheets, panels, or tiles of gypsum or plaster to Guatemala, comprising X% of total imports. The second position in the ranking was held by Honduras ($X), with an X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Mexico totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Honduras (X% per year) and China (X% per year).

Import Prices by Country

In 2022, the average import price for boards, sheets, panels, or tiles of gypsum or plaster amounted to $X per square meter, growing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2013 when the average import price increased by X%. Over the period under review, average import prices attained the maximum in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per square meter), while the price for Honduras ($X per square meter) 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