Guatemala - Umbrellas and Walking-Sticks - Market Analysis, Forecast, Size, Trends and Insights
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View PricingUmbrella and Walking-Stick Price in Guatemala - 2023
Contents:
- Umbrella and Walking-Stick Price in Guatemala (CIF) - 2023
- Umbrella and Walking-Stick Price in Guatemala (FOB) - 2022
- Umbrella and Walking-Stick Imports in Guatemala
- Umbrella and Walking-Stick Exports in Guatemala
Umbrella and Walking-Stick Price in Guatemala (CIF) - 2023
In June 2023, the average umbrella and walking-stick import price amounted to $3.6 per unit, reducing by -5.6% against the previous month. In general, the import price recorded a noticeable shrinkage. The most prominent rate of growth was recorded in October 2022 when the average import price increased by 55% m-o-m. As a result, import price attained the peak level of $5.9 per unit. From November 2022 to June 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($6.3 per unit), while the price for China totaled $3.5 per unit.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the United States (+3.5%).
Umbrella and Walking-Stick Price in Guatemala (FOB) - 2022
The average umbrella and walking-stick export price stood at $9.6 per unit in 2022, surging by 50% against the previous year. Overall, the export price saw a strong increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Costa Rica ($18 per unit), while the average price for exports to Nicaragua ($5.3 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 Costa Rica (+17.5%), while the prices for the other major destinations experienced more modest paces of growth.
Umbrella and Walking-Stick Imports in Guatemala
In 2022, approx. 1.2M units of umbrellas and walking-sticks were imported into Guatemala; jumping by 16% on the previous year. The total import volume increased at an average annual rate of +3.1% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, umbrella and walking-stick imports rose markedly to $5M in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +11.7% 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 +53.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 35% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
Import of Umbrella and Walking-Stick in Guatemala (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 3.0 | 2.8 | 3.8 | 4.6 | 15.3% |
United States | 0.2 | 0.2 | 0.2 | 0.2 | 0.0% |
Mexico | 0.1 | N/A | N/A | 0.1 | 0.0% |
Others | 0.3 | 0.3 | 0.4 | 0.2 | -12.6% |
Total | 3.6 | 3.3 | 4.4 | 5.0 | 11.6% |
Top Suppliers of Umbrella and Walking-Stick to Guatemala in 2022:
- China (1076.2K units)
- United States (31.6K units)
- Mexico (20.3K units)
Umbrella and Walking-Stick Exports in Guatemala
In 2022, after three years of growth, there was significant decline in shipments abroad of umbrellas and walking-sticks, when their volume decreased by -47.7% to 27K units. Overall, exports showed a pronounced decrease. The most prominent rate of growth was recorded in 2021 with an increase of 43% against the previous year. As a result, the exports reached the peak of 51K units, and then shrank dramatically in the following year.
In value terms, umbrella and walking-stick exports dropped notably to $257K in 2022. In general, exports recorded a pronounced downturn. The pace of growth was the most pronounced in 2021 with an increase of 53%. As a result, the exports reached the peak of $327K, and then dropped remarkably in the following year.
Export of Umbrella and Walking-Stick in Guatemala (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Honduras | 104 | 110 | 118 | 122 | 5.5% |
El Salvador | 70.8 | 58.4 | 111 | 65.5 | -2.6% |
Costa Rica | 38.1 | 26.8 | 4.6 | 33.0 | -4.7% |
Nicaragua | 42.9 | 13.5 | 71.2 | 19.4 | -23.2% |
Panama | 22.6 | 3.0 | 16.7 | 11.2 | -20.9% |
Dominican Republic | 0.8 | 1.0 | 3.0 | 2.5 | 46.2% |
Others | 5.1 | 0.3 | 2.2 | 3.0 | -16.2% |
Total | 284 | 213 | 327 | 257 | -3.3% |
Top Export Markets for Umbrella and Walking-Stick from Guatemala in 2022:
- Honduras (12.4K units)
- El Salvador (7.1K units)
- Nicaragua (3.6K units)
- Costa Rica (1.9K units)
- Panama (0.7K units)
- Dominican Republic (0.5K units)
This report provides an in-depth analysis of the umbrella and walking-stick 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 32992130 - Umbrellas, sun umbrellas, walking-stick umbrellas, garden umbrellas and similar umbrellas (excluding umbrella cases)
- Prodcom 32992150 - Walking-sticks, seat-sticks, whips, riding-crops and the like
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the umbrella and walking-stick market in Guatemala.
This report provides an in-depth analysis of the umbrella market in Guatemala.
This report provides an in-depth analysis of the global umbrella and walking-stick market.
This report provides an in-depth analysis of the global umbrella market.
This report provides an in-depth analysis of the umbrella and walking-stick market in Guatemala.
This report provides an in-depth analysis of the umbrella market in Guatemala.
This report provides an in-depth analysis of the global umbrella market.
This report provides an in-depth analysis of the global umbrella and walking-stick market.
This report provides an in-depth analysis of the global umbrella market.
In 2016, the umbrella market amounted to X units. Over the past two years, consumption increased slightly, after experiencing a mild downturn over the previous four year period. Previously, the market recovered with tangible growth, following the si
In 2016, the global imports of umbrella stood at X tons, import ,therefore, remained relatively stable against the previous year figure. Overall, umbrella imports continue to indicate a relatively ...
In 2016, the global imports of umbrella stood at X tons, import ,therefore, remained relatively stable against the previous year figure. Overall, umbrella imports continue to indicate a relatively ...
From 2007 to 2014, the global umbrella market showed mixed dynamics. A significant drop in 2008-2009 was followed by a sharp increase in 2010-2011, until the market plunged again by X% in 2012.
China dominates in global umbrella production and trade. In 2013, China exported X% of its total umbrella output. Of this amount, X% was supplied to Japan, where Chinese umbrellas held the dominant share of total Japanese consumption and were part
In 2016, the umbrella market amounted to X units. Over the past two years, consumption increased slightly, after experiencing a mild downturn over the previous four year period. Previously, the market recovered with tangible growth, following the si
In 2016, the global imports of umbrella stood at X tons, import ,therefore, remained relatively stable against the previous year figure. Overall, umbrella imports continue to indicate a relatively ...
In 2016, the global imports of umbrella stood at X tons, import ,therefore, remained relatively stable against the previous year figure. Overall, umbrella imports continue to indicate a relatively ...
From 2007 to 2014, the global umbrella market showed mixed dynamics. A significant drop in 2008-2009 was followed by a sharp increase in 2010-2011, until the market plunged again by X% in 2012.
China dominates in global umbrella production and trade. In 2013, China exported X% of its total umbrella output. Of this amount, X% was supplied to Japan, where Chinese umbrellas held the dominant share of total Japanese consumption and were part