Report Update: May 1, 2024

Guatemala - Hairpins, Curling Pins, Curling Grips And Hair-Curlers - Market Analysis, Forecast, Size, Trends And Insights

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Hairpin Price in Guatemala - 2023

Hairpin Price in Guatemala (CIF) - 2023

In October 2023, the average hairpin import price amounted to $3,175 per ton, growing by 9.2% against the previous month. Overall, the import price, however, recorded a pronounced decline. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 43% m-o-m. The import price peaked at $4,966 per ton in October 2022; however, from November 2022 to October 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was El Salvador ($48,667 per ton), while the price for China totaled $2,965 per ton.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by El Salvador (+24.3%).

Hairpin Price in Guatemala (FOB) - 2022

The average hairpin export price stood at $4,763 per ton in 2022, increasing by 30% against the previous year. Over the period under review, the export price, however, continues to indicate a perceptible descent. The most prominent rate of growth was recorded in 2016 an increase of 989%. The export price peaked at $6,947 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Honduras ($6,956 per ton), while the average price for exports to the United States ($2,986 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 (+2.2%), while the prices for the other major destinations experienced a decline.

Hairpin Imports in Guatemala

Hairpin imports into Guatemala totaled 682 tons in 2022, increasing by 9.7% compared with the year before. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +5.0% 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 +79.8% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 64% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, hairpin imports surged to $3M in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +11.0% 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 +98.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 66%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

Import of Hairpin in Guatemala (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	1,229	1,054	1,821	2,433	25.6%
El Salvador	401	124	307	325	-6.8%
United States	378	240	211	132	-29.6%
Others	151	69.7	131	60.6	-26.2%
Total	2,159	1,488	2,470	2,951	11.0%

Top Suppliers of Hairpin to Guatemala in 2022:

China (593.9 tons)
El Salvador (75.3 tons)
United States (5.8 tons)

Hairpin Exports in Guatemala

Hairpin exports from Guatemala skyrocketed to 11 tons in 2022, rising by 85% on 2021 figures. In general, exports, however, continue to indicate a significant contraction.

In value terms, hairpin exports surged to $51K in 2022. Overall, exports, however, recorded a abrupt shrinkage.

Export of Hairpin in Guatemala (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Honduras	13.3	5.5	7.9	21.5	17.4%
El Salvador	2.1	1.6	5.6	14.8	91.7%
United States	21.7	8.0	4.8	12.7	-16.4%
Nicaragua	55.9	1.7	1.8	0.6	-77.9%
Others	3.2	1.4	1.0	1.1	-29.9%
Total	96.3	18.2	21.0	50.7	-19.3%

Top Export Markets for Hairpin from Guatemala in 2022:

United States (4.3 tons)
Honduras (3.1 tons)
El Salvador (3.0 tons)
Nicaragua (0.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the hairpin market in Guatemala. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 22292915 - Hairpins, curling pins, curling grips, hair-curlers and the like, a nd parts thereof, of plastic (excluding electro-thermic hairdressing apparatus)
Prodcom 25992928 - Hairpins, curling pins, curling grips, hair-curlers and the like, a nd parts thereof, of metal (excluding electro-thermic hairdressing apparatus)
Prodcom 399900Z4 - Hairpins, curling pins, curling grips, hair-curlers and the like, a nd parts thereof (excluding electro-thermic hairdressing apparatus)

Country coverage:

Guatemala

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Guatemala
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023