Guatemala: Asphalted Paper Market 2025

Asphalted Paper Market Size in Guatemala

The Guatemalan asphalted paper market skyrocketed to $X in 2022, jumping by 289% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption continues to indicate a buoyant expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Asphalted Paper Exports

Exports from Guatemala

Asphalted paper exports from Guatemala dropped notably to X tons in 2022, declining by -38.6% against the previous year. Overall, exports faced a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 108% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, asphalted paper exports declined remarkably to $X in 2022. Over the period under review, exports saw a deep reduction. The growth pace was the most rapid in 2021 when exports increased by 107% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

El Salvador (X tons) was the main destination for asphalted paper exports from Guatemala, with a 71% share of total exports. Moreover, asphalted paper exports to El Salvador exceeded the volume sent to the second major destination, Honduras (X tons), twofold.

From 2012 to 2022, the average annual rate of growth in terms of volume to El Salvador amounted to -11.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Honduras (-10.5% per year) and Nicaragua (-57.6% per year).

In value terms, El Salvador ($X) remains the key foreign market for tarred, bituminised or asphalted paper and paperboard exports from Guatemala, comprising 69% of total exports. The second position in the ranking was taken by Honduras ($X), with a 31% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to El Salvador totaled -9.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Honduras (-6.9% per year) and Nicaragua (-57.7% per year).

Export Prices by Country

The average asphalted paper export price stood at $X per ton in 2022, growing by 26% against the previous year. Over the last decade, it increased at an average annual rate of +3.6%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Honduras ($X per ton), while the average price for exports to Nicaragua ($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 Honduras (+4.0%), while the prices for the other major destinations experienced more modest paces of growth.

Asphalted Paper Imports

Imports into Guatemala

In 2022, approx. X tons of tarred, bituminised or asphalted paper and paperboard were imported into Guatemala; with an increase of 329% compared with the year before. Overall, imports continue to indicate a noticeable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, asphalted paper imports surged to $X in 2022. Over the period under review, imports continue to indicate a buoyant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, the United States (X tons) constituted the largest supplier of asphalted paper to Guatemala, accounting for a 61% share of total imports. Moreover, asphalted paper imports from the United States exceeded the figures recorded by the second-largest supplier, Brazil (X tons), threefold. China (X tons) ranked third in terms of total imports with an 11% share.

From 2012 to 2022, the average annual growth rate of volume from the United States amounted to -1.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+147.5% per year) and China (+33.6% per year).

In value terms, the United States ($X) constituted the largest supplier of tarred, bituminised or asphalted paper and paperboard to Guatemala, comprising 49% of total imports. The second position in the ranking was taken by Brazil ($X), with a 16% share of total imports. It was followed by China, with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States stood at -1.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+89.6% per year) and China (+34.7% per year).

Import Prices by Country

In 2022, the average asphalted paper import price amounted to $X per ton, which is down by -38.7% against the previous year. Over the period under review, import price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 an increase of 44%. Over the period under review, average import prices attained the maximum at $X per ton in 2021, and then fell dramatically in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform