Guatemala: Market for Non-Refractory Clay Flooring Blocks, Support Or Filler Tiles 2024

Market Size for Non-Refractory Clay Flooring Blocks, Support Or Filler Tiles in Guatemala

The Guatemalan market for non-refractory clay flooring blocks, support or filler tiles expanded markedly to $X in 2022, with an increase of 8.9% against the previous year. Over the period under review, the total consumption indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -7.6% against 2020 indices. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Non-Refractory Clay Flooring Blocks, Support Or Filler Tiles in Guatemala

In value terms, production of non-refractory clay flooring blocks, support or filler tiles expanded remarkably to $X in 2022 estimated in export price. Over the period under review, production showed a notable expansion. The pace of growth was the most pronounced in 2020 when the production volume increased by 70%. As a result, production reached the peak level of $X. From 2021 to 2022, production of growth remained at a somewhat lower figure.

Exports of Non-Refractory Clay Flooring Blocks, Support Or Filler Tiles

Exports from Guatemala

In 2022, overseas shipments of non-refractory clay flooring blocks, support or filler tiles were finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, continue to indicate a dramatic contraction. The most prominent rate of growth was recorded in 2014 when exports increased by 51% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of non-refractory clay flooring blocks, support or filler tiles reduced sharply to $X in 2022. In general, exports, however, saw a abrupt decline. The most prominent rate of growth was recorded in 2014 when exports increased by 30%. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports of failed to regain momentum.

Exports by Country

Honduras (X tons) was the main destination for exports of non-refractory clay flooring blocks, support or filler tiles from Guatemala, with a 83% share of total exports. Moreover, exports of non-refractory clay flooring blocks, support or filler tiles to Honduras exceeded the volume sent to the second major destination, El Salvador (X tons), sixfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Honduras totaled -25.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: El Salvador (-28.3% per year) and Nicaragua (0.0% per year).

In value terms, El Salvador ($X) remains the key foreign market for non-refractory clay flooring blocks, support or filler tiles exports from Guatemala, comprising 66% of total exports. The second position in the ranking was held by Honduras ($X), with a 28% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to El Salvador stood at -14.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Honduras (-23.3% per year) and Nicaragua (0.0% per year).

Export Prices by Country

The average export price for non-refractory clay flooring blocks, support or filler tiles stood at $X per ton in 2022, reducing by -62.8% against the previous year. Over the period under review, the export price, however, enjoyed a resilient increase. The pace of growth was the most pronounced in 2020 when the average export price increased by 157%. The export price peaked at $X per ton in 2021, and then shrank dramatically in the following year.

Prices varied noticeably by country of destination: 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 El Salvador (+19.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Refractory Clay Flooring Blocks, Support Or Filler Tiles

Imports into Guatemala

In 2022, approx. X tons of non-refractory clay flooring blocks, support or filler tiles were imported into Guatemala; declining by -78% against 2021 figures. Overall, imports faced a abrupt slump. The most prominent rate of growth was recorded in 2013 when imports increased by 1,627%. Over the period under review, imports of hit record highs at X tons in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of non-refractory clay flooring blocks, support or filler tiles shrank markedly to $X in 2022. In general, imports, however, showed a mild increase. The growth pace was the most rapid in 2013 with an increase of 827%. Over the period under review, imports of hit record highs at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

The United States (X tons), Italy (X kg) and Japan (X kg) were the main suppliers of imports of non-refractory clay flooring blocks, support or filler tiles to Guatemala, together comprising 70% of total imports. China, Mexico and Spain lagged somewhat behind, together comprising a further 28%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Mexico (with a CAGR of +72.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Italy ($X) and Japan ($X) were the largest non-refractory clay flooring blocks, support or filler tiles suppliers to Guatemala, with a combined 54% share of total imports.

Italy, with a CAGR of +37.0%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for non-refractory clay flooring blocks, support or filler tiles amounted to $X per ton, stabilizing at the previous year. In general, the import price, however, enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2016 when the average import price increased by 276% against the previous year. The import price peaked at $X per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($X per ton), while the price for Japan ($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 (+46.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform