Quilted Textile Products Price in Guatemala - 2023
Contents:
- Quilted Textile Products Price in Guatemala (CIF) - 2022
- Quilted Textile Products Price in Guatemala (FOB) - 2022
- Quilted Textile Products Imports in Guatemala
- Quilted Textile Products Exports in Guatemala
Quilted Textile Products Price in Guatemala (CIF) - 2022
In 2022, the average quilted textile products import price amounted to $1.4 per square meter, which is down by -28.5% against the previous year. In general, the import price saw a abrupt decrease. The pace of growth was the most pronounced in 2017 an increase of 132% against the previous year. The import price peaked at $5.6 per square meter in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mexico ($11 per square meter), while the price for the United States ($3.7 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Honduras (+11.2%), while the prices for the other major suppliers experienced a decline.
Quilted Textile Products Price in Guatemala (FOB) - 2022
In 2022, the average quilted textile products export price amounted to $3.9 per square meter, jumping by 52% against the previous year. Overall, the export price, however, faced a abrupt shrinkage. The pace of growth appeared the most rapid in 2015 when the average export price increased by 154% against the previous year. Over the period under review, the average export prices attained the peak figure at $17 per square meter in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was El Salvador ($67 per square meter), while the average price for exports to Nicaragua ($8.1 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to El Salvador (+6.1%), while the prices for the other major destinations experienced a decline.
Quilted Textile Products Imports in Guatemala
In 2022, the amount of quilted textile products in the piece (excluding embroidery) imported into Guatemala soared to 69K square meters, jumping by 18% against 2021 figures. In general, imports posted a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of 139%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, quilted textile products imports reduced rapidly to $97K in 2022. Over the period under review, imports, however, recorded a abrupt downturn. The growth pace was the most rapid in 2021 when imports increased by 61%. As a result, imports reached the peak of $116K, and then reduced dramatically in the following year.
| Import of Quilted Textile Products in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 16.6 | 25.2 | 51.4 | 20.3 | 6.9% |
| Honduras | 26.3 | 31.5 | 22.0 | 12.8 | -21.3% |
| United States | 33.7 | 4.6 | 23.1 | 9.1 | -35.4% |
| Mexico | 31.2 | 9.1 | 17.7 | 8.3 | -35.7% |
| Others | 5.9 | 1.6 | 1.5 | 46.8 | 99.4% |
| Total | 114 | 72.0 | 116 | 97.4 | -5.1% |
Top Suppliers of Quilted Textile Products to Guatemala in 2022:
- China (4.8K square meters)
- United States (2.5K square meters)
- Honduras (1.7K square meters)
- Mexico (0.7K square meters)
Quilted Textile Products Exports in Guatemala
In 2022, overseas shipments of quilted textile products in the piece (excluding embroidery) were finally on the rise to reach 752 square meters for the first time since 2019, thus ending a two-year declining trend. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +6.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, quilted textile products exports soared to $2.9K in 2022. In general, exports continue to indicate a buoyant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Quilted Textile Products in Guatemala (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Nicaragua | 1,371 | 1,248 | 201 | 800 | -16.4% |
| El Salvador | 381 | 417 | 31.0 | 152 | -26.4% |
| Honduras | 204 | 99.0 | 5.0 | 48.0 | -38.3% |
| Others | N/A | N/A | 864 | 1,946 | 125.2% |
| Total | 1,956 | 1,764 | 1,101 | 2,946 | 14.6% |
Top Export Markets for Quilted Textile Products from Guatemala in 2022:
- Nicaragua (99.0 square meters)
- Honduras (3.0 square meters)
- El Salvador (2.0 square meters)
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