Price for Garden or Similar Umbrellas in Guatemala - 2023

Contents:

  1. Price for Garden or Similar Umbrellas in Guatemala (CIF) - 2022
  2. Price for Garden or Similar Umbrellas in Guatemala (FOB) - 2022
  3. Imports of Garden or Similar Umbrellas in Guatemala
  4. Exports of Garden or Similar Umbrellas in Guatemala

Price for Garden or Similar Umbrellas in Guatemala (CIF) - 2022

The average garden or similar umbrellas import price stood at $24 per unit in 2022, with a decrease of -35.7% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of 18%. The import price peaked at $37 per unit in 2021, and then dropped significantly in the following year.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +12.5% per year.

Price for Garden or Similar Umbrellas in Guatemala (FOB) - 2022

The average garden or similar umbrellas export price stood at $29 per unit in 2022, falling by -27.9% against the previous year. In general, the export price faced a deep contraction. The growth pace was the most rapid in 2018 when the average export price increased by 20%. The export price peaked at $102 per unit in 2012; however, from 2013 to 2022, the export prices remained at a 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 Panama ($34 per unit), while the average price for exports to El Salvador ($23 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 Panama (-6.8%), while the prices for the other major destinations experienced a decline.

Imports of Garden or Similar Umbrellas in Guatemala

In 2022, imports of garden or similar umbrellases into Guatemala surged to 54K units, growing by 177% against the previous year's figure. In general, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, garden or similar umbrellas imports soared to $1.3M in 2022. Overall, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 120% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

Import of Garden or Similar Umbrellas in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3342224281,08748.2%
Others1701062941975.0%
Total5053287221,28436.5%

Top Suppliers of Garden or Similar Umbrellas to Guatemala in 2022:

  1. China (52.7K units)

Exports of Garden or Similar Umbrellas in Guatemala

In 2022, the amount of garden or similar umbrellases exported from Guatemala surged to 4.6K units, picking up by 4,457% against the previous year's figure. Overall, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, garden or similar umbrellas exports soared to $130K in 2022. In general, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Garden or Similar Umbrellas in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Honduras8.70.20.763.193.6%
El Salvador8.52.10.130.452.9%
Costa Rica27.20.40.128.01.0%
Panama0.30.31.48.5204.9%
Others4.91.31.6N/A-42.9%
Total49.64.34.013037.9%

Top Export Markets for Garden or Similar Umbrellas from Guatemala in 2022:

  1. Honduras (1926.0 units)
  2. El Salvador (1346.0 units)
  3. Costa Rica (1035.0 units)
  4. Panama (249.0 units)
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