Guatemala: Paper Articles Market 2024

Paper Articles Market Size in Guatemala

The Guatemalan paper articles market surged to $X in 2022, growing by X% against the previous year. In general, consumption showed a remarkable increase. Over the period under review, the market hit record highs in 2022 and is likely to see steady growth in the immediate term.

Paper Articles Production in Guatemala

In value terms, paper articles production expanded to $X in 2022 estimated in export price. Overall, production showed tangible growth. The growth pace was the most rapid in 2016 with an increase of X%. Paper articles production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Paper Articles Exports

Exports from Guatemala

In 2022, overseas shipments of boxes, pouches, wallets and writing compendiums of paper were finally on the rise to reach X tons for the first time since 2017, thus ending a four-year declining trend. Overall, exports, however, recorded a pronounced downturn. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, paper articles exports soared to $X in 2022. Over the period under review, exports, however, recorded a abrupt slump. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

Honduras (X tons) was the main destination for paper articles exports from Guatemala, accounting for a X% share of total exports. Moreover, paper articles exports to Honduras exceeded the volume sent to the second major destination, the United States (X kg), sevenfold. Costa Rica (X kg) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Honduras amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Costa Rica (X% per year).

In value terms, Honduras ($X) emerged as the key foreign market for boxes, pouches, wallets and writing compendiums of paper exports from Guatemala, comprising X% of total exports. The second position in the ranking was taken by Mexico ($X), with an X% share of total exports. It was followed by Costa Rica, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Honduras totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (X% per year) and Costa Rica (X% per year).

Export Prices by Country

In 2022, the average paper articles export price amounted to $X per ton, picking up by X% against the previous year. In general, the export price, however, showed a pronounced decline. The most prominent rate of growth was recorded in 2015 when the average export price increased by X%. The export price peaked at $X per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Mexico ($X per ton), while the average price for exports to the United States ($X 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 Mexico (X%), while the prices for the other major destinations experienced more modest paces of growth.

Paper Articles Imports

Imports into Guatemala

In 2022, imports of boxes, pouches, wallets and writing compendiums of paper into Guatemala surged to X tons, growing by X% compared with 2021. Over the period under review, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, paper articles imports surged to $X in 2022. In general, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X tons), the United States (X tons) and Honduras (X tons) were the main suppliers of paper articles imports to Guatemala, together comprising X% of total imports.

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

In value terms, China ($X) constituted the largest supplier of boxes, pouches, wallets and writing compendiums of paper to Guatemala, comprising X% of total imports. The second position in the ranking was taken by the United States ($X), with a X% share of total imports. It was followed by Honduras, with a X% share.

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

Import Prices by Country

In 2022, the average paper articles import price amounted to $X per ton, shrinking by X% against the previous year. In general, the import price showed a pronounced downturn. The pace of growth was the most pronounced in 2015 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2016 to 2022, the average import prices failed to regain momentum.

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

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

Source: IndexBox Platform