Guatemala - Household Hand Tools - Market Analysis, Forecast, Size, Trends And Insights
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View PricingHousehold Hand Tools Price in Guatemala - 2023
Contents:
- Household Hand Tools Price in Guatemala (CIF) - 2022
- Household Hand Tools Price in Guatemala (FOB) - 2022
- Household Hand Tools Imports in Guatemala
- Household Hand Tools Exports in Guatemala
Household Hand Tools Price in Guatemala (CIF) - 2022
The average household hand tools import price stood at $5,564 per ton in 2022, growing by 41% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. Over the period under review, average import prices attained the maximum at $5,607 per ton in 2012; afterwards, it flattened through to 2022.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Taiwan (Chinese) ($17,610 per ton), while the price for Panama ($2,842 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+11.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Household Hand Tools Price in Guatemala (FOB) - 2022
In 2022, the average household hand tools export price amounted to $5,197 per ton, with a decrease of -3.3% against the previous year. In general, the export price saw a abrupt downturn. The pace of growth was the most pronounced in 2015 an increase of 14%. The export price peaked at $13,895 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
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 Honduras ($6,639 per ton), while the average price for exports to the United States ($4,057 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Venezuela (+11.1%), while the prices for the other major destinations experienced more modest paces of growth.
Household Hand Tools Imports in Guatemala
After three years of growth, supplies from abroad of household hand tools decreased by -31.7% to 341 tons in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 34% against the previous year. As a result, imports attained the peak of 499 tons, and then shrank rapidly in the following year.
In value terms, household hand tools imports dropped to $1.9M in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +13.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +44.8% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 46% against the previous year. As a result, imports reached the peak of $2M, and then contracted slightly in the following year.
Import of Household Hand Tools in Guatemala (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 314 | 370 | 874 | 1,335 | 62.0% |
United States | 480 | 477 | 472 | 220 | -22.9% |
Taiwan (Chinese) | 5.7 | 1.2 | 81.7 | 156 | 201.4% |
Mexico | 181 | 96.6 | 77.2 | 29.0 | -45.7% |
El Salvador | 133 | 160 | 173 | 2.5 | -73.4% |
Panama | 66.9 | 74.3 | 49.8 | 0.8 | -77.1% |
Others | 129 | 164 | 236 | 153 | 5.9% |
Total | 1,311 | 1,344 | 1,965 | 1,897 | 13.1% |
Top Suppliers of Household Hand Tools to Guatemala in 2022:
- China (236.3 tons)
- United States (75.3 tons)
- Taiwan (Chinese) (8.9 tons)
- Mexico (4.5 tons)
- El Salvador (0.3 tons)
- Panama (0.3 tons)
Household Hand Tools Exports in Guatemala
In 2022, the amount of household hand tools exported from Guatemala dropped to 25 tons, waning by -11.5% on 2021. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +9.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +71.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 94% against the previous year. As a result, the exports reached the peak of 28 tons, and then reduced in the following year.
In value terms, household hand tools exports dropped to $130K in 2022. Over the period under review, exports, however, enjoyed a strong expansion. The pace of growth was the most pronounced in 2021 when exports increased by 121%. As a result, the exports reached the peak of $152K, and then contracted in the following year.
Export of Household Hand Tools in Guatemala (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
El Salvador | 21.3 | 19.9 | 54.5 | 45.6 | 28.9% |
Honduras | 21.5 | 11.9 | 22.5 | 20.3 | -1.9% |
United States | 2.8 | 2.8 | 6.3 | 17.9 | 85.6% |
Costa Rica | 4.3 | 12.3 | 32.6 | 10.7 | 35.5% |
Venezuela | N/A | N/A | N/A | 9.9 | 0% |
Nicaragua | 11.4 | 10.5 | 20.2 | 8.3 | -10.0% |
Panama | 13.0 | 6.3 | 8.6 | 7.2 | -17.9% |
Mexico | 4.3 | 1.0 | 3.0 | 2.0 | -22.5% |
Others | 5.7 | 4.2 | 4.5 | 8.4 | 13.8% |
Total | 84.3 | 68.9 | 152 | 130 | 15.5% |
Top Export Markets for Household Hand Tools from Guatemala in 2022:
- El Salvador (7.8 tons)
- United States (4.4 tons)
- Honduras (3.1 tons)
- Costa Rica (1.8 tons)
- Venezuela (1.7 tons)
- Nicaragua (1.4 tons)
- Panama (1.4 tons)
- Mexico (0.6 tons)
This report provides an in-depth analysis of the household hand tools 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 25733065 - Household hand tools
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
-
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
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