Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Guatemala - 2023
Contents:
- Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Guatemala (CIF) - 2022
- Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Guatemala (FOB) - 2022
- Imports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Guatemala
- Exports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Guatemala
Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Guatemala (CIF) - 2022
The average import price for articles of apparel, clothing accessories and other articles of furskin stood at $23 per unit in 2022, jumping by 113% against the previous year. Over the period under review, the import price showed a slight increase. The most prominent rate of growth was recorded in 2013 when the average import price increased by 160%. Over the period under review, average import prices attained the peak figure at $56 per unit in 2016; however, from 2017 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 ($129 per unit), while the price for Germany ($6.7 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Honduras (+51.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Guatemala (FOB) - 2022
In 2022, the average export price for articles of apparel, clothing accessories and other articles of furskin amounted to $9.3 per unit, declining by -69.2% against the previous year. Over the period under review, the export price showed a noticeable shrinkage. The pace of growth was the most pronounced in 2021 an increase of 301% against the previous year. The export price peaked at $35 per unit in 2019; however, from 2020 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 Cuba ($29 per unit), while the average price for exports to Honduras stood at $6.9 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to El Salvador (+24.3%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Guatemala
In 2022, the amount of articles of apparel, clothing accessories and other articles of furskin imported into Guatemala contracted dramatically to 3.4K units, which is down by -32.6% on 2021 figures. Over the period under review, imports, however, recorded a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of 255% against the previous year. As a result, imports reached the peak of 5K units, and then fell dramatically in the following year.
In value terms, imports of articles of apparel, clothing accessories and other articles of furskin skyrocketed to $76K in 2022. In general, imports, however, enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 93% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.
| Import of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | N/A | N/A | N/A | 20.9 | 0% |
| China | 13.1 | 3.9 | 24.2 | 17.0 | 9.1% |
| United States | 3.9 | 2.3 | 2.8 | 10.3 | 38.2% |
| Pakistan | N/A | 2.2 | 6.3 | 9.2 | 104.5% |
| Spain | 27.8 | 2.2 | 2.0 | 4.2 | -46.7% |
| El Salvador | 0.7 | 2.9 | 0.9 | 2.8 | 58.7% |
| Germany | 2.4 | 3.0 | 8.5 | 1.8 | -9.1% |
| Honduras | 0.3 | 6.1 | 7.4 | 1.2 | 58.7% |
| Others | 8.3 | 4.8 | 0.9 | 8.6 | 1.2% |
| Total | 56.4 | 27.4 | 52.9 | 76.1 | 10.5% |
Top Suppliers of Articles of Apparel, Clothing Accessories and Other Articles of Furskin to Guatemala in 2022:
- China (1722.0 units)
- India (517.0 units)
- United States (304.0 units)
- Pakistan (286.0 units)
- Germany (262.0 units)
- El Salvador (73.0 units)
- Honduras (52.0 units)
- Spain (33.0 units)
Exports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Guatemala
In 2022, approx. 735 units of articles of apparel, clothing accessories and other articles of furskin were exported from Guatemala; jumping by 206% compared with the previous year's figure. Overall, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of articles of apparel, clothing accessories and other articles of furskin shrank to $6.9K in 2022. In general, exports, however, continue to indicate a perceptible setback. The growth pace was the most rapid in 2021 when exports increased by 294% against the previous year. Over the period under review, the exports of reached the maximum at $7.7K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Honduras | 5.3 | 0.6 | 7.1 | 4.5 | -5.3% |
| Cuba | 2.5 | N/A | N/A | 2.3 | -2.7% |
| Mexico | N/A | 1.2 | N/A | N/A | 0% |
| Others | N/A | N/A | 0.2 | N/A | 0% |
| Total | 7.7 | 1.8 | 7.3 | 6.9 | -3.6% |
Top Export Markets for Articles of Apparel, Clothing Accessories and Other Articles of Furskin from Guatemala in 2022:
- Honduras (654.0 units)
- Cuba (80.0 units)
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