Guatemala: Market for Non-Refractory Clay Constructional Products 2024

Market Size for Non-Refractory Clay Constructional Products in Guatemala

The Guatemalan non-refractory clay constructional products market shrank modestly to $X in 2022, standing approx. at the previous year. Over the period under review, consumption continues to indicate a abrupt shrinkage. Non-refractory clay constructional products consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Non-Refractory Clay Constructional Products in Guatemala

In value terms, non-refractory clay constructional products production shrank to $X in 2022 estimated in export price. Overall, production faced a abrupt slump. The most prominent rate of growth was recorded in 2017 with an increase of 21% against the previous year. Non-refractory clay constructional products production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Non-Refractory Clay Constructional Products

Exports from Guatemala

In 2022, the amount of non-refractory clay constructional products exported from Guatemala dropped markedly to X tons, reducing by -51.6% compared with 2021. Over the period under review, exports saw a noticeable slump. The most prominent rate of growth was recorded in 2016 with an increase of 587% against the previous year. As a result, the exports attained the peak of X tons. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, non-refractory clay constructional products exports reduced notably to $X in 2022. Overall, exports showed a abrupt descent. The pace of growth appeared the most rapid in 2016 when exports increased by 345%. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

El Salvador (X tons), Nicaragua (X tons) and Honduras (X tons) were the main destinations of non-refractory clay constructional products exports from Guatemala, with a combined 100% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Nicaragua (with a CAGR of +69.3%), while the other leaders experienced a decline.

In value terms, El Salvador ($X), Nicaragua ($X) and Honduras ($X) were the largest markets for non-refractory clay constructional products exported from Guatemala worldwide, with a combined 100% share of total exports.

Among the main countries of destination, Nicaragua, with a CAGR of +78.6%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2022, the average non-refractory clay constructional products export price amounted to $X per ton, rising by 40% against the previous year. Overall, the export price, however, saw a noticeable setback. The export price peaked at $X per ton in 2015; however, from 2016 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 El Salvador ($X per ton), while the average price for exports to Honduras ($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 Nicaragua (+5.5%), while the prices for the other major destinations experienced a decline.

Imports of Non-Refractory Clay Constructional Products

Imports into Guatemala

In 2022, approx. X tons of non-refractory clay constructional products were imported into Guatemala; rising by 127% compared with 2021 figures. Overall, imports showed a strong expansion. The most prominent rate of growth was recorded in 2017 when imports increased by 223% against the previous year. As a result, imports reached the peak of X tons. From 2018 to 2022, the growth of imports remained at a lower figure.

In value terms, non-refractory clay constructional products imports skyrocketed to $X in 2022. Over the period under review, imports saw prominent growth. The most prominent rate of growth was recorded in 2017 with an increase of 155% against the previous year. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Mexico (X tons) constituted the largest non-refractory clay constructional products supplier to Guatemala, accounting for a 86% share of total imports. Moreover, non-refractory clay constructional products imports from Mexico exceeded the figures recorded by the second-largest supplier, Spain (X tons), ninefold.

From 2012 to 2022, the average annual growth rate of volume from Mexico stood at +53.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+25.3% per year) and China (-20.4% per year).

In value terms, Mexico ($X) constituted the largest supplier of non-refractory clay constructional products to Guatemala, comprising 58% of total imports. The second position in the ranking was taken by Spain ($X), with a 16% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Mexico amounted to +52.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+30.7% per year) and China (-10.9% per year).

Import Prices by Country

In 2022, the average non-refractory clay constructional products import price amounted to $X per ton, waning by -33.2% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by 45% against the previous year. As a result, import price reached the peak level of $X per ton, and then declined rapidly in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+39.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform