Price for Blankets and Travelling Rugs in Guatemala - 2023

Contents:

  1. Price for Blankets and Travelling Rugs in Guatemala (CIF) - 2023
  2. Price for Blankets and Travelling Rugs in Guatemala (FOB) - 2023
  3. Imports of Blankets and Travelling Rugs in Guatemala
  4. Exports of Blankets and Travelling Rugs in Guatemala

Price for Blankets and Travelling Rugs in Guatemala (CIF) - 2023

In June 2023, the average blankets and travelling rugs import price amounted to $2.5 per unit, falling by -98.7% against the previous month. Over the period under review, the import price showed a pronounced decline. The most prominent rate of growth was recorded in May 2023 an increase of 7,996% against the previous month. As a result, import price attained the peak level of $194 per unit, and then contracted dramatically in the following month.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Mexico ($8.2 per unit), while the price for China ($2.3 per unit) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by China (-0.6%), while the prices for the other major suppliers experienced a decline.

Price for Blankets and Travelling Rugs in Guatemala (FOB) - 2023

The average blankets and travelling rugs export price stood at $4.2 per unit in June 2023, shrinking by -5.7% against the previous month. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2022 when the average export price increased by 85% against the previous month. As a result, the export price attained the peak level of $9.0 per unit. From October 2022 to June 2023, the the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In June 2023, the country with the highest price was Costa Rica ($6.8 per unit), while the average price for exports to Nicaragua ($1.7 per unit) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Costa Rica (+2.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Blankets and Travelling Rugs in Guatemala

Blankets and travelling rugs imports into Guatemala reduced to 929K units in 2022, which is down by -14.8% against the year before. Overall, imports, however, continue to indicate resilient growth. The growth pace was the most rapid in 2021 when imports increased by 165% against the previous year. As a result, imports attained the peak of 1.1M units, and then shrank in the following year.

In value terms, blankets and travelling rugs imports fell to $4.4M in 2022. Over the period under review, imports, however, recorded strong growth. The most prominent rate of growth was recorded in 2021 with an increase of 140% against the previous year. As a result, imports attained the peak of $5.2M, and then fell in the following year.

Import of Blankets and Travelling Rugs in Guatemala (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.51.13.83.330.1%
United States0.60.20.50.4-12.6%
Mexico0.10.30.40.458.7%
Others0.50.50.40.3-15.7%
Total2.82.25.24.416.3%

Top Suppliers of Blankets and Travelling Rugs to Guatemala in 2022:

  1. China (775.0K units)
  2. United States (81.2K units)
  3. Mexico (55.2K units)

Exports of Blankets and Travelling Rugs in Guatemala

In 2022, approx. 608K units of blankets and travelling rugses were exported from Guatemala; picking up by 25% on 2021 figures. Over the period under review, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 89%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, blankets and travelling rugs exports skyrocketed to $2.8M in 2022. In general, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 53%. The exports peaked in 2022 and are likely to see steady growth in the near future.

Export of Blankets and Travelling Rugs in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
El Salvador6626871,3511,12819.4%
MexicoN/A0.113.86998260.6%
Nicaragua21131831442426.2%
United States0.90.55.7284580.8%
Honduras12316693.416510.3%
Costa Rica70.885.013185.76.6%
Others3.03.913.721.091.3%
Total1,0711,2611,9232,80837.9%

Top Export Markets for Blankets and Travelling Rugs from Guatemala in 2022:

  1. Nicaragua (231.4K units)
  2. El Salvador (206.3K units)
  3. Honduras (83.1K units)
  4. Mexico (50.3K units)
  5. United States (18.9K units)
  6. Costa Rica (15.6K units)

Source: IndexBox Market Intelligence Platform

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