Price for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Guatemala - 2023
Contents:
- Price for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Guatemala (CIF) - 2022
- Price for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Guatemala (FOB) - 2022
- Imports of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Guatemala
- Exports of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Guatemala
Price for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Guatemala (CIF) - 2022
In 2022, the average import price for furniture; wooden, other than for office, kitchen or bedroom use amounted to $102 per unit, increasing by 13% against the previous year. Overall, the import price, however, recorded a slight reduction. Over the period under review, average import prices attained the peak figure at $127 per unit in 2016; however, from 2017 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Italy ($102 per unit) and Canada ($102 per unit), while the price for Indonesia ($102 per unit) and El Salvador ($102 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (-1.3%), while the prices for the other major suppliers experienced a decline.
Price for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Guatemala (FOB) - 2022
The average export price for furniture; wooden, other than for office, kitchen or bedroom use stood at $92 per unit in 2022, rising by 2.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.0%. The pace of growth appeared the most rapid in 2018 an increase of 50% against the previous year. As a result, the export price attained the peak level of $97 per unit. From 2019 to 2022, the average export prices failed to regain momentum.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Costa Rica ($91 per unit) and Nicaragua ($91 per unit), while the average price for exports to Panama ($91 per unit) and the United States ($91 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Costa Rica (+3.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Guatemala
In 2022, the amount of furniture; wooden, other than for office, kitchen or bedroom use imported into Guatemala contracted modestly to 190K units, waning by -1.8% on 2021. Overall, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +11.6% 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 +74.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 78%. As a result, imports attained the peak of 193K units, and then dropped in the following year.
In value terms, imports of furniture; wooden, other than for office, kitchen or bedroom use rose significantly to $19M in 2022. In general, imports, however, posted a strong increase. The most prominent rate of growth was recorded in 2021 with an increase of 85%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Guatemala (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 4.5 | 3.6 | 4.9 | 5.6 | 7.6% |
| China | 2.8 | 1.9 | 4.3 | 5.3 | 23.7% |
| Brazil | 1.2 | 0.5 | 2.4 | 1.5 | 7.7% |
| Colombia | 1.0 | 0.3 | 0.8 | 1.0 | 0.0% |
| India | 0.3 | 0.4 | 0.2 | 0.9 | 44.2% |
| Malaysia | 0.5 | 0.4 | 0.9 | 0.9 | 21.6% |
| Vietnam | 0.3 | 0.4 | 0.6 | 0.9 | 44.2% |
| Spain | 0.2 | N/A | 0.2 | 0.7 | 51.8% |
| Mexico | 0.5 | 0.5 | 1.0 | 0.6 | 6.3% |
| El Salvador | 0.5 | 0.4 | 0.7 | 0.4 | -7.2% |
| Canada | N/A | 0.1 | N/A | 0.3 | 73.2% |
| Indonesia | 0.3 | 0.2 | 0.3 | 0.3 | 0.0% |
| Others | 1.5 | 0.9 | 1.2 | 1.1 | -9.8% |
| Total | 13.6 | 9.5 | 17.6 | 19.4 | 12.6% |
Top Suppliers of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use to Guatemala in 2022:
- United States (54.5K units)
- China (51.9K units)
- Brazil (14.3K units)
- Colombia (9.5K units)
- Malaysia (8.8K units)
- Vietnam (8.6K units)
- India (8.3K units)
- Spain (6.6K units)
- Mexico (5.7K units)
- El Salvador (4.2K units)
- Indonesia (3.2K units)
- Canada (2.9K units)
Exports of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Guatemala
In 2022, approx. 63K units of furniture; wooden, other than for office, kitchen or bedroom use were exported from Guatemala; increasing by 24% against the year before. Overall, exports posted a prominent expansion. The pace of growth was the most pronounced in 2021 when exports increased by 114% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the near future.
In value terms, exports of furniture; wooden, other than for office, kitchen or bedroom use soared to $5.8M in 2022. In general, exports recorded a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 120% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in years to come.
| Export of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Honduras | 404 | 360 | 1,674 | 2,467 | 82.8% |
| El Salvador | 797 | 892 | 1,357 | 1,498 | 23.4% |
| United States | 579 | 361 | 539 | 732 | 8.1% |
| Panama | 516 | 143 | 547 | 314 | -15.3% |
| Nicaragua | 157 | 103 | 164 | 249 | 16.6% |
| Costa Rica | 250 | 24.4 | 83.9 | 19.8 | -57.1% |
| Others | 538 | 194 | 206 | 507 | -2.0% |
| Total | 3,241 | 2,077 | 4,570 | 5,787 | 21.3% |
Top Export Markets for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use from Guatemala in 2022:
- Honduras (27.0K units)
- El Salvador (16.4K units)
- United States (8.0K units)
- Panama (3.4K units)
- Nicaragua (2.7K units)
- Costa Rica (0.2K units)
88
This report provides an in-depth analysis of the wooden office furniture market in Guatemala.
99
This report provides an in-depth analysis of the plastic furniture market in Guatemala.
132
This report provides an in-depth analysis of the metal office furniture market in Guatemala.
127
This report provides an in-depth analysis of the wooden bedroom furniture market in Guatemala.
95
This report provides an in-depth analysis of the wooden kitchen furniture market in Guatemala.
98
This report provides an in-depth analysis of the metal domestic furniture market in Guatemala.
747
This report provides an in-depth analysis of the global wooden office furniture market.
473
Global Metal Furniture Market Report 2018. This report provides an in-depth analysis of the global metal furniture market.
1064
This report provides an in-depth analysis of the global plastic furniture market.
1574
This report provides an in-depth analysis of the global metal office furniture market.
104
Global wooden office furniture market is projected to continue its upward consumption trend with an anticipated increase in volume and value. The market is forecasted to grow at a CAGR of +1.4% for the period 2023-2030, reaching 576M units and $60.8B in value by 2030.
114
Discover the top countries importing wooden office furniture and their import values. Explore the trends in the global market for wooden office furniture.
74
Explore the top import markets for plastic furniture in the world, including key statistics and trends. Discover which countries lead the way in the global trade of plastic furniture.
110
Explore the world's best import markets for metal office furniture and discover key statistics and insights. Learn about the top countries driving the global market.
1450
China dominates in the global office metal furniture trade. In 2014, China's exports amounted to X thousand tons or X million USD, X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its total metal fur
243
Explore the top import markets for metal domestic furniture based on Import Value data from IndexBox. Discover the countries with the highest import values and key statistics in the metal furniture industry.
378
Global trade volume of metal household furniture soared to $33B, reaching the highest level ever. The U.S. remains the key importer of metal furniture worldwide, accounting for 32% of total supplies in 2020.
748
In 2016, approx. X tons of metal furniture were imported worldwide- rising by X% against the previous year figure. In general, metal furniture imports continue to indicate a relatively flat trend ...
1318
The global trade in metal complete and assembled domestic furniture amounted to X million USD in 2015, fluctuating mildly over the period under review. Following a X% drop in 2009, exports showed robust growth for the next four years, until they
104
Global wooden office furniture market is projected to continue its upward consumption trend with an anticipated increase in volume and value. The market is forecasted to grow at a CAGR of +1.4% for the period 2023-2030, reaching 576M units and $60.8B in value by 2030.
