Guatemala - Furnishing Articles, Furniture and Cushion Covers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Furnishing Article, Furniture and Cushion Cover in Guatemala - 2023
Contents:
- Price for Furnishing Article, Furniture and Cushion Cover in Guatemala (CIF) - 2022
- Price for Furnishing Article, Furniture and Cushion Cover in Guatemala (FOB) - 2022
- Imports of Furnishing Article, Furniture and Cushion Cover in Guatemala
- Exports of Furnishing Article, Furniture and Cushion Cover in Guatemala
Price for Furnishing Article, Furniture and Cushion Cover in Guatemala (CIF) - 2022
The average import price for furnishing articles, furniture and cushion covers stood at $6,711 per ton in 2022, surging by 12% against the previous year. Overall, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for furnishing articles, furniture and cushion covers increased by +14.1% against 2020 indices. The pace of growth was the most pronounced in 2017 an increase of 74%. The import price peaked at $8,383 per ton in 2018; however, from 2019 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 India ($13,080 per ton), while the price for China ($5,624 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+9.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Furnishing Article, Furniture and Cushion Cover in Guatemala (FOB) - 2022
The average export price for furnishing articles, furniture and cushion covers stood at $7,068 per ton in 2022, jumping by 34% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The export price peaked at $8,458 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Costa Rica ($6,885 per ton), while the average price for exports to the United States ($3,642 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 El Salvador (-0.7%), while the prices for the other major destinations experienced a decline.
Imports of Furnishing Article, Furniture and Cushion Cover in Guatemala
In 2022, after three years of growth, there was significant decline in supplies from abroad of furnishing articles, furniture and cushion covers, when their volume decreased by -45.5% to 196 tons. Over the period under review, imports, however, posted a strong expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 121% against the previous year. As a result, imports attained the peak of 360 tons, and then reduced sharply in the following year.
In value terms, imports of furnishing articles, furniture and cushion covers declined significantly to $1.3M in 2022. In general, imports, however, recorded a remarkable increase. The growth pace was the most rapid in 2021 when imports increased by 125%. As a result, imports reached the peak of $2.2M, and then dropped sharply in the following year.
Import of Furnishing Article, Furniture and Cushion Cover in Guatemala (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 303 | 329 | 1,351 | 613 | 26.5% |
El Salvador | 235 | 227 | 334 | 288 | 7.0% |
Mexico | 168 | 195 | 137 | 110 | -13.2% |
India | 51.3 | 3.0 | 146 | 105 | 27.0% |
United States | 27.9 | 31.1 | 45.7 | 75.4 | 39.3% |
Pakistan | N/A | N/A | N/A | 62.8 | 0% |
Panama | 53.8 | 97.6 | 78.7 | 6.0 | -51.9% |
Others | 147 | 73.4 | 60.8 | 55.3 | -27.8% |
Total | 986 | 956 | 2,153 | 1,315 | 10.1% |
Top Suppliers of Furnishing Article, Furniture and Cushion Cover to Guatemala in 2022:
- China (108.9 tons)
- El Salvador (42.9 tons)
- Mexico (14.8 tons)
- United States (9.2 tons)
- Pakistan (8.8 tons)
- India (8.0 tons)
- Panama (0.8 tons)
Exports of Furnishing Article, Furniture and Cushion Cover in Guatemala
In 2022, the amount of furnishing articles, furniture and cushion covers exported from Guatemala skyrocketed to 31 tons, jumping by 31% on the year before. Overall, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +7.1% 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 +90.8% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 46%. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, exports of furnishing articles, furniture and cushion covers soared to $216K in 2022. In general, exports recorded resilient growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Furnishing Article, Furniture and Cushion Cover in Guatemala (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
El Salvador | 43.3 | 30.0 | 49.0 | 67.1 | 15.7% |
Honduras | 26.4 | 25.7 | 34.8 | 39.9 | 14.8% |
Costa Rica | N/A | 6.5 | 11.4 | 39.3 | 145.9% |
United States | 62.2 | 1.5 | 0.1 | 32.7 | -19.3% |
Nicaragua | 13.1 | 14.6 | 18.3 | 31.3 | 33.7% |
Panama | 12.3 | 14.3 | 9.3 | 5.9 | -21.7% |
Others | N/A | 0.7 | 0.1 | 0.1 | -62.2% |
Total | 157 | 93.1 | 123 | 216 | 11.2% |
Top Export Markets for Furnishing Article, Furniture and Cushion Cover from Guatemala in 2022:
- El Salvador (10.9 tons)
- United States (9.0 tons)
- Honduras (7.5 tons)
- Costa Rica (5.7 tons)
- Nicaragua (4.7 tons)
- Panama (1.0 tons)
This report provides an in-depth analysis of the market for furnishing article, furniture and cushion cover 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 13921660 - Furnishing articles including furniture and cushion covers as well as cushion covers, etc. for car seats (excluding blankets, t ravelling rugs, bed linen, table linen, toilet linen, kitchen linen, curtains, blinds, valances and bedspreads)
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
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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
This report provides an in-depth analysis of the market for furnishing article, furniture and cushion cover in Guatemala.
This report provides an in-depth analysis of the bedspread market in Guatemala.
This report provides an in-depth analysis of the global market for furnishing article, furniture and cushion cover.
This report provides an in-depth analysis of the global bedspread market.
This report provides an in-depth analysis of the market for furnishing article, furniture and cushion cover in Guatemala.
This report provides an in-depth analysis of the bedspread market in Guatemala.
This report provides an in-depth analysis of the global market for furnishing article, furniture and cushion cover.
This report provides an in-depth analysis of the global bedspread market.
Explore the top countries by import value for furnishing articles, furniture, and cushion covers in 2023. Discover key statistics and market insights.
In value terms, furnishing articles imports stood at $X in 2016. Overall, furnishing articles imports continue to indicate a relatively flat trend pattern. Global furnishing articles import peaked of...
In value terms, furnishing articles exports totaled $X in 2016. Overall, it indicated a temperate growth from 2007 to 2016: the total exports value increased at an average annual rate of +X% over...
Explore the top countries by import value for furnishing articles, furniture, and cushion covers in 2023. Discover key statistics and market insights.
In value terms, furnishing articles imports stood at $X in 2016. Overall, furnishing articles imports continue to indicate a relatively flat trend pattern. Global furnishing articles import peaked of...
In value terms, furnishing articles exports totaled $X in 2016. Overall, it indicated a temperate growth from 2007 to 2016: the total exports value increased at an average annual rate of +X% over...