Guatemala: Plastic Sanitary Ware Market 2024

Plastic Sanitary Ware Market Size in Guatemala

The Guatemalan plastic sanitary ware market dropped to $X in 2022, approximately equating the previous year. Overall, the total consumption indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2013 indices. Over the period under review, the market reached the maximum level at $X in 2021, and then fell modestly in the following year.

Plastic Sanitary Ware Production in Guatemala

In value terms, plastic sanitary ware production reached $X in 2022 estimated in export price. In general, the total production indicated a notable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2014 when the production volume increased by X% against the previous year. Plastic sanitary ware production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Plastic Sanitary Ware Exports

Exports from Guatemala

After three years of growth, shipments abroad of plastic baths, wash-basins, lavatory pans and covers and similar sanitary ware decreased by X% to X units in 2022. In general, exports, however, continue to indicate strong growth. The growth pace was the most rapid in 2019 when exports increased by X%. Over the period under review, the exports reached the peak figure at X units in 2021, and then fell slightly in the following year.

In value terms, plastic sanitary ware exports surged to $X in 2022. Overall, exports, however, recorded a resilient increase. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Exports by Country

El Salvador (X units) was the main destination for plastic sanitary ware exports from Guatemala, with a X% share of total exports. Moreover, plastic sanitary ware exports to El Salvador exceeded the volume sent to the second major destination, Honduras (X units), ninefold. The third position in this ranking was held by Chile (X units), with a X% share.

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

In value terms, El Salvador ($X) remains the key foreign market for plastic baths, wash-basins, lavatory pans and covers and similar sanitary ware exports from Guatemala, comprising X% of total exports. The second position in the ranking was held by Honduras ($X), with a X% share of total exports. It was followed by Nicaragua, with a X% share.

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

Export Prices by Country

In 2022, the average plastic sanitary ware export price amounted to $X per unit, growing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2014 an increase of X%. As a result, the export price reached the peak level of $X per unit. From 2015 to 2022, the average 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 Costa Rica ($X per unit), while the average price for exports to Panama ($X per unit) was amongst the lowest.

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

Plastic Sanitary Ware Imports

Imports into Guatemala

In 2022, the amount of plastic baths, wash-basins, lavatory pans and covers and similar sanitary ware imported into Guatemala amounted to X units, growing by X% against the year before. Overall, total imports indicated a remarkable increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2017 indices. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, plastic sanitary ware imports amounted to $X in 2022. In general, imports showed prominent growth. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

Colombia (X units), Costa Rica (X units) and China (X units) were the main suppliers of plastic sanitary ware imports to Guatemala, together comprising X% of total imports.

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

In value terms, the largest plastic sanitary ware suppliers to Guatemala were China ($X), the United States ($X) and Mexico ($X), with a combined X% share of total imports. Costa Rica, Colombia and Ecuador lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Colombia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, 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 plastic sanitary ware import price amounted to $X per unit, remaining relatively unchanged against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per unit, leveling off in the following year.

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 the United States ($X per unit), while the price for Ecuador ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform