Price for Baby Carriages and Parts Thereof in Guatemala - 2023

Contents:

  1. Price for Baby Carriages and Parts Thereof in Guatemala (CIF) - 2022
  2. Price for Baby Carriages and Parts Thereof in Guatemala (FOB) - 2022
  3. Imports of Baby Carriages and Parts Thereof in Guatemala
  4. Exports of Baby Carriages and Parts Thereof in Guatemala

Price for Baby Carriages and Parts Thereof in Guatemala (CIF) - 2022

The average import price for baby carriages and parts thereoves stood at $5.2 per unit in 2022, surging by 21% against the previous year. Overall, import price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, baby carriages and parts thereof import price increased by +69.7% against 2019 indices. The pace of growth was the most pronounced in 2021 an increase of 25% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mexico ($7.4 per unit), while the price for Taiwan (Chinese) ($2.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Baby Carriages and Parts Thereof in Guatemala (FOB) - 2022

The average export price for baby carriages and parts thereoves stood at $2.3 per unit in 2022, with a decrease of -39.4% against the previous year. Overall, the export price recorded a abrupt curtailment. The growth pace was the most rapid in 2019 an increase of 54%. Over the period under review, the average export prices attained the maximum at $8.1 per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Honduras ($4.9 per unit), while the average price for exports to Costa Rica ($1.2 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 El Salvador (+2.1%), while the prices for the other major destinations experienced a decline.

Imports of Baby Carriages and Parts Thereof in Guatemala

In 2022, imports of baby carriages and parts thereoves into Guatemala expanded slightly to 560K units, increasing by 5% against 2021. Over the period under review, imports, however, showed a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 8.2%. Imports peaked at 743K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, baby carriages and parts thereof imports surged to $2.9M in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +8.5% 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 +71.8% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 35%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.

Import of Baby Carriages and Parts Thereof in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6226561,0402,12150.5%
United States1,034656882711-11.7%
Panama28118724827.0-54.2%
Mexico18391.614.11.9-78.2%
Others14796.393.037.3-36.7%
Total2,2671,6872,2772,8988.5%

Top Suppliers of Baby Carriages and Parts Thereof to Guatemala in 2022:

  1. China (414.7K units)
  2. United States (132.8K units)
  3. Panama (5.4K units)
  4. Mexico (0.3K units)

Exports of Baby Carriages and Parts Thereof in Guatemala

In 2022, the amount of baby carriages and parts thereoves exported from Guatemala surged to 50K units, with an increase of 79% against the year before. Overall, exports recorded a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 396%. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in the near future.

In value terms, baby carriages and parts thereof exports expanded markedly to $117K in 2022. In general, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 187% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in the near future.

Export of Baby Carriages and Parts Thereof in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Honduras40.327.967.252.59.2%
Costa Rica0.20.10.140.8488.7%
El Salvador0.37.529.215.1269.2%
NicaraguaN/A1.59.97.7126.6%
Others1.00.51.10.5-20.6%
Total41.837.510811740.9%

Top Export Markets for Baby Carriages and Parts Thereof from Guatemala in 2022:

  1. Costa Rica (33.5K units)
  2. Honduras (10.7K units)
  3. El Salvador (3.6K units)
  4. Nicaragua (1.6K units)

Source: IndexBox Market Intelligence Platform

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