Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Guatemala - 2022

Contents:

  1. Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Guatemala (CIF) - 2022
  2. Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Guatemala (FOB) - 2022
  3. Imports of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Guatemala
  4. Exports of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Guatemala

Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Guatemala (CIF) - 2022

The average import price for handbags with outer surface of leather, composition leather, or patent leathers stood at $89 per unit in 2022, standing approx. at the previous year. Over the period under review, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for handbags with outer surface of leather, composition leather, or patent leathers decreased by -6.0% against 2018 indices. The pace of growth was the most pronounced in 2018 when the average import price increased by 59% against the previous year. As a result, import price reached the peak level of $95 per unit. From 2019 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($2,430 per unit), while the price for China ($15 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+48.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Guatemala (FOB) - 2022

The average export price for handbags with outer surface of leather, composition leather, or patent leathers stood at $338 per unit in 2022, rising by 16% against the previous year. Overall, the export price enjoyed a buoyant increase. The growth pace was the most rapid in 2019 when the average export price increased by 27%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($1,263 per unit), while the average price for exports to Italy ($15 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 Germany (+40.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Guatemala

In 2022, imports of handbags with outer surface of leather, composition leather, or patent leathers into Guatemala skyrocketed to 13K units, growing by 20% on the previous year's figure. In general, imports saw a tangible increase. The most prominent rate of growth was recorded in 2021 with an increase of 86%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of handbags with outer surface of leather, composition leather, or patent leathers soared to $1.1M in 2022. Over the period under review, imports showed measured growth. The growth pace was the most rapid in 2021 with an increase of 84%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the near future.

Import of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China15528.518026519.6%
Colombia19883.62492345.7%
Spain553307377230-25.4%
Others15488.012639536.9%
Total1,0605079321,1242.0%

Top Suppliers of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather to Guatemala in 2022:

  1. China (17.3K units)
  2. Spain (0.4K units)
  3. Colombia (0.1K units)

Exports of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Guatemala

In 2022, exports of handbags with outer surface of leather, composition leather, or patent leathers from Guatemala skyrocketed to 955 units, picking up by 45% against the previous year's figure. In general, exports recorded significant growth. The pace of growth was the most pronounced in 2021 with an increase of 159% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of handbags with outer surface of leather, composition leather, or patent leathers skyrocketed to $322K in 2022. Overall, exports showed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 202% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see steady growth in the immediate term.

Export of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States38.131.014225889.2%
United Arab Emirates1.62.510.930.8168.0%
El Salvador2.72.80.78.546.6%
Italy1.71.62.52.818.1%
Norway3.22.53.22.7-5.5%
Japan1.51.21.51.4-2.3%
Australia1.41.11.31.0-10.6%
Dominican Republic0.92.53.50.6-12.6%
Canada0.10.90.10.344.2%
Costa RicaN/A3.3N/AN/A0%
Others31.113.925.716.5-19.0%
Total82.463.319132257.5%

Top Export Markets for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather from Guatemala in 2022:

  1. United States (242.0 units)
  2. Italy (188.0 units)
  3. United Arab Emirates (154.0 units)
  4. El Salvador (116.0 units)
  5. Australia (18.0 units)
  6. Canada (14.0 units)
  7. Norway (13.0 units)
  8. Japan (8.0 units)
  9. Dominican Republic (4.0 units)
  10. Costa Rica (1.0 units)

Source: IndexBox Market Intelligence Platform

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