Price for Track Suits; of Cotton, Knitted or Crocheted in Guatemala - 2023
Contents:
- Price for Track Suits; of Cotton, Knitted or Crocheted in Guatemala (CIF) - 2022
- Price for Track Suits; of Cotton, Knitted or Crocheted in Guatemala (FOB) - 2022
- Imports of Track Suits; of Cotton, Knitted or Crocheted in Guatemala
- Exports of Track Suits; of Cotton, Knitted or Crocheted in Guatemala
Price for Track Suits; of Cotton, Knitted or Crocheted in Guatemala (CIF) - 2022
In 2022, the average import price for track suits; of cotton, knitted or crocheted amounted to $16 per unit, with an increase of 16% against the previous year. Over the last decade, it increased at an average annual rate of +2.0%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Mexico ($16 per unit) and China ($16 per unit), while the price for Italy ($16 per unit) and Honduras ($16 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Track Suits; of Cotton, Knitted or Crocheted in Guatemala (FOB) - 2022
In 2022, the average export price for track suits; of cotton, knitted or crocheted amounted to $20 per unit, which is down by -17.1% against the previous year. In general, the export price, however, enjoyed a pronounced expansion. The most prominent rate of growth was recorded in 2019 when the average export price increased by 33% against the previous year. The export price peaked at $25 per unit in 2021, and then declined sharply in the following year.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to El Salvador ($20 per unit) and the United States ($20 per unit), while the average price for exports to Honduras ($20 per unit) and Canada ($20 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+4.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Track Suits; of Cotton, Knitted or Crocheted in Guatemala
In 2022, purchases abroad of track suits; of cotton, knitted or crocheted decreased by -30.3% to 6.7K units for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, recorded significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 433%. Imports peaked at 9.5K units in 2021, and then shrank significantly in the following year.
In value terms, imports of track suits; of cotton, knitted or crocheted dropped dramatically to $106K in 2022. Over the period under review, imports, however, posted significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 509%. Imports peaked at $131K in 2021, and then fell sharply in the following year.
| Import of Track Suits; of Cotton, Knitted or Crocheted in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Honduras | N/A | N/A | N/A | 50.6 | 0% |
| China | N/A | 0.3 | 123 | 46.1 | 1139.6% |
| Italy | N/A | N/A | N/A | 4.4 | 0% |
| Mexico | N/A | N/A | N/A | 3.2 | 0% |
| United States | 0.6 | 82.3 | 0.8 | N/A | 15.5% |
| Panama | N/A | 4.1 | 4.7 | N/A | 14.6% |
| El Salvador | 13.5 | N/A | N/A | N/A | 0% |
| Others | 0.4 | 1.3 | 2.6 | 1.1 | 40.1% |
| Total | 14.5 | 88.1 | 131 | 106 | 94.1% |
Top Suppliers of Track Suits; of Cotton, Knitted or Crocheted to Guatemala in 2022:
- Honduras (3.2K units)
- China (2.9K units)
- Italy (0.3K units)
- Mexico (0.2K units)
Exports of Track Suits; of Cotton, Knitted or Crocheted in Guatemala
In 2022, shipments abroad of track suits; of cotton, knitted or crocheted was finally on the rise to reach 3.3K units for the first time since 2019, thus ending a two-year declining trend. Overall, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of track suits; of cotton, knitted or crocheted soared to $67K in 2022. Over the period under review, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Track Suits; of Cotton, Knitted or Crocheted in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | 9.7 | N/A | 36.0 | 92.6% |
| Bolivia | N/A | N/A | N/A | 11.3 | 0% |
| El Salvador | N/A | N/A | 4.4 | 9.4 | 113.6% |
| Canada | N/A | N/A | 0.3 | 8.0 | 2566.7% |
| Honduras | 0.6 | N/A | 0.3 | 2.1 | 51.8% |
| Costa Rica | 16.9 | 2.1 | N/A | N/A | -87.6% |
| Mexico | 1.3 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 18.8 | 11.8 | 5.0 | 66.7 | 52.5% |
Top Export Markets for Track Suits; of Cotton, Knitted or Crocheted from Guatemala in 2022:
- United States (1769.0 units)
- Bolivia (554.0 units)
- El Salvador (462.0 units)
- Canada (394.0 units)
- Honduras (102.0 units)
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