Guatemala: Hair Curler Market 2024

Hair Curler Market Size in Guatemala

The Guatemalan hair curler market shrank significantly to $X in 2022, reducing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, enjoyed strong growth. As a result, consumption attained the peak level of $X, and then fell notably in the following year.

Hair Curler Exports

Exports from Guatemala

In 2022, shipments abroad of hair curlers and curling tongs increased by X% to X units, rising for the second consecutive year after three years of decline. Overall, exports, however, recorded a sharp setback. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, hair curler exports soared to $X in 2022. Over the period under review, exports, however, recorded a significant contraction. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

El Salvador (X units), Honduras (X units) and Nicaragua (X units) were the main destinations of hair curler exports from Guatemala, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Nicaragua (with a CAGR of X%), while the other leaders experienced a decline.

In value terms, El Salvador ($X), Honduras ($X) and Nicaragua ($X) appeared to be the largest markets for hair curler exported from Guatemala worldwide, together comprising X% of total exports.

Nicaragua, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2022, the average hair curler export price amounted to $X per unit, with a decrease of X% against the previous year. In general, the export price, however, saw a prominent increase. The most prominent rate of growth was recorded in 2017 an increase of X%. Over the period under review, the average export prices hit record highs at $X per unit in 2021, and then fell dramatically in the following year.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Mexico ($X per unit) and El Salvador ($X per unit), while the average price for exports to Costa Rica ($X per unit) and Panama ($X 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 Mexico (X%), while the prices for the other major destinations experienced more modest paces of growth.

Hair Curler Imports

Imports into Guatemala

In 2022, the amount of hair curlers and curling tongs imported into Guatemala shrank significantly to X units, reducing by X% compared with the previous year's figure. Overall, imports saw a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, hair curler imports reduced rapidly to $X in 2022. In general, imports recorded a perceptible slump. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of $X, and then declined remarkably in the following year.

Imports by Country

In 2022, China (X units) was the main supplier of hair curler to Guatemala, accounting for a X% share of total imports. Moreover, hair curler imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), more than tenfold. The third position in this ranking was taken by Brazil (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Brazil (X% per year).

In value terms, China ($X) constituted the largest supplier of hair curlers and curling tongs to Guatemala, comprising X% of total imports. The second position in the ranking was taken by the United States ($X), with a X% share of total imports. It was followed by Brazil, with a X% share.

From 2012 to 2022, the average annual growth rate of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Brazil (X% per year).

Import Prices by Country

The average hair curler import price stood at $X per unit in 2022, growing by X% against the previous year. Overall, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, hair curler import price increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2019 when the average import price increased by X%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Brazil ($X per unit) and China ($X per unit), while the price for El Salvador ($X per unit) and Panama ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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