Price for Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Guatemala - 2022

Contents:

1. Price for Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Guatemala (CIF) - 2022
2. Price for Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Guatemala (FOB) - 2022
3. Imports of Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Guatemala
4. Exports of Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Guatemala

Price for Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Guatemala (CIF) - 2022

The average import price for handbags with outer surface of plastic sheeting or of textile materialses stood at $7.4 per unit in 2022, increasing by 41% against the previous year. In general, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 China ($24 per unit), while the price for the United States ($0.8 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+21.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Guatemala (FOB) - 2022

In 2022, the average export price for handbags with outer surface of plastic sheeting or of textile materialses amounted to $13 per unit, leveling off at the previous year. Overall, export price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for handbags with outer surface of plastic sheeting or of textile materialses decreased by -4.1% against 2020 indices. The pace of growth was the most pronounced in 2017 when the average export price increased by 85% against the previous year. The export price peaked at $14 per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($46 per unit), while the average price for exports to Panama ($3.4 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 the United States (+44.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Guatemala

In 2022, approx. 1M units of handbags with outer surface of plastic sheeting or of textile materialses were imported into Guatemala; approximately mirroring the year before. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +7.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 73% against the previous year. As a result, imports reached the peak of 1M units, and then contracted in the following year.

In value terms, imports of handbags with outer surface of plastic sheeting or of textile materialses surged to $7.4M in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +7.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +94.0% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 40%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

Top Suppliers of Handbags with Outer Surface of Plastic Sheeting or of Textile Materials to Guatemala in 2022:

1. China (264.3K units)
2. United States (125.5K units)
3. Mexico (114.0K units)
4. Colombia (36.8K units)
5. Myanmar (16.6K units)
6. Vietnam (10.0K units)
7. Portugal (4.9K units)
8. El Salvador (4.2K units)
9. Panama (1.4K units)

Exports of Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Guatemala

In 2022, the amount of handbags with outer surface of plastic sheeting or of textile materialses exported from Guatemala contracted notably to 115K units, waning by -20.3% against the previous year. Overall, exports recorded a pronounced setback. The most prominent rate of growth was recorded in 2021 with an increase of 56%. As a result, the exports reached the peak of 144K units, and then contracted markedly in the following year.

In value terms, exports of handbags with outer surface of plastic sheeting or of textile materialses declined notably to $1.5M in 2022. In general, exports showed a pronounced shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 49% against the previous year. As a result, the exports attained the peak of $1.9M, and then contracted rapidly in the following year.

Top Export Markets for Handbags with Outer Surface of Plastic Sheeting or of Textile Materials from Guatemala in 2022:

1. Honduras (39.0K units)
2. Nicaragua (22.6K units)
3. Panama (22.2K units)
4. El Salvador (19.4K units)
5. United States (5.2K units)
6. Japan (3.2K units)
7. Costa Rica (0.6K units)

Source: IndexBox Market Intelligence Platform