Price for Embroidery; in the Piece, in Strips or in Motifs in Guatemala - 2023
Contents:
- Price for Embroidery; in the Piece, in Strips or in Motifs in Guatemala (CIF) - 2022
- Price for Embroidery; in the Piece, in Strips or in Motifs in Guatemala (FOB) - 2022
- Imports of Embroidery; in the Piece, in Strips or in Motifs in Guatemala
- Exports of Embroidery; in the Piece, in Strips or in Motifs in Guatemala
Price for Embroidery; in the Piece, in Strips or in Motifs in Guatemala (CIF) - 2022
The average import price for embroidery; in the piece, in strips or in motifses stood at $6,407 per ton in 2022, which is down by -58.3% against the previous year. Overall, the import price continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2015 when the average import price increased by 69% against the previous year. Over the period under review, average import prices reached the maximum at $37,355 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.
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 Hong Kong SAR ($107,961 per ton), while the price for China ($4,401 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+17.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Embroidery; in the Piece, in Strips or in Motifs in Guatemala (FOB) - 2022
In 2022, the average export price for embroidery; in the piece, in strips or in motifses amounted to $35,584 per ton, declining by -10.7% against the previous year. In general, the export price continues to indicate a perceptible decline. The pace of growth was the most pronounced in 2014 an increase of 141%. The export price peaked at $61,255 per ton in 2015; however, from 2016 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 ($59,468 per ton), while the average price for exports to Jamaica ($10,081 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 Honduras (+7.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Embroidery; in the Piece, in Strips or in Motifs in Guatemala
For the fourth year in a row, Guatemala recorded growth in purchases abroad of embroidery; in the piece, in strips or in motifses, which increased by 247% to 2.3K tons in 2022. In general, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of embroidery; in the piece, in strips or in motifses soared to $15M in 2022. Over the period under review, imports enjoyed prominent growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Embroidery; in the Piece, in Strips or in Motifs in Guatemala (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.9 | 0.6 | 2.4 | 9.8 | 121.6% |
| Hong Kong SAR | 7.4 | 4.7 | 5.4 | 1.9 | -36.4% |
| United States | 0.2 | 0.4 | 0.7 | 1.1 | 76.5% |
| Others | 1.7 | 1.6 | 1.8 | 2.1 | 7.3% |
| Total | 10.2 | 7.3 | 10.3 | 14.9 | 13.5% |
Top Suppliers of Embroidery; in the Piece, in Strips or in Motifs to Guatemala in 2022:
- China (2221.7 tons)
- United States (50.4 tons)
- Hong Kong SAR (17.8 tons)
Exports of Embroidery; in the Piece, in Strips or in Motifs in Guatemala
In 2022, overseas shipments of embroidery; in the piece, in strips or in motifses increased by 335% to 1.6 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, continue to indicate a sharp slump.
In value terms, exports of embroidery; in the piece, in strips or in motifses soared to $56K in 2022. In general, exports, however, recorded a abrupt decline.
| Export of Embroidery; in the Piece, in Strips or in Motifs in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Panama | 52.0 | 9.1 | 2.3 | 36.3 | -11.3% |
| El Salvador | 8.1 | 1.2 | 0.6 | 14.8 | 22.3% |
| Honduras | 6.8 | 4.5 | 9.2 | 2.8 | -25.6% |
| Jamaica | 4.8 | 1.0 | 0.1 | 1.3 | -35.3% |
| Belize | 1.8 | 1.8 | N/A | 1.0 | -17.8% |
| Others | 0.4 | 1.0 | 2.2 | N/A | 134.5% |
| Total | 73.7 | 18.5 | 14.4 | 56.1 | -8.7% |
Top Export Markets for Embroidery; in the Piece, in Strips or in Motifs from Guatemala in 2022:
- Panama (808.0 kg)
- El Salvador (582.0 kg)
- Jamaica (124.0 kg)
- Honduras (47.0 kg)
- Belize (12.0 kg)
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