Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Guatemala - 2023

Contents:

  1. Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Guatemala (CIF) - 2022
  2. Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Guatemala (FOB) - 2022
  3. Imports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Guatemala
  4. Exports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Guatemala

Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Guatemala (CIF) - 2022

In 2022, the average import price for track suits; of synthetic fibres, knitted or crocheteds amounted to $14 per unit, increasing by 6.2% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of 17% against the previous year. The import price peaked at $14 per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United States ($17 per unit) and Honduras ($14 per unit), while the price for El Salvador ($14 per unit) and Cambodia ($14 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Honduras (+1.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Guatemala (FOB) - 2022

In 2022, the average export price for track suits; of synthetic fibres, knitted or crocheteds amounted to $21 per unit, declining by -24.2% against the previous year. Over the period under review, the export price, however, continues to indicate temperate growth. The pace of growth was the most pronounced in 2017 when the average export price increased by 55%. Over the period under review, the average export prices hit record highs at $28 per unit in 2021, and then reduced sharply in the following year.

As there is only one major export destination, the average price level is determined by prices for Honduras.

From 2012 to 2022, the rate of growth in terms of prices for Nicaragua amounted to +16.7% per year.

Imports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Guatemala

For the fourth year in a row, Guatemala recorded growth in supplies from abroad of track suits; of synthetic fibres, knitted or crocheteds, which increased by 261% to 21K units in 2022. In general, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of track suits; of synthetic fibres, knitted or crocheteds soared to $294K in 2022. Overall, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6.96.345.8179196.0%
HondurasN/AN/A4.497.12106.8%
ColombiaN/A1.46.17.7134.5%
CambodiaN/AN/AN/A4.90%
El Salvador14.2N/AN/A0.3-72.4%
United States1.829.34.1N/A50.9%
BangladeshN/AN/A15.5N/A0%
Others4.82.61.05.44.0%
Total27.639.676.8294120.0%

Top Suppliers of Track Suits; of Synthetic Fibres, Knitted or Crocheted to Guatemala in 2022:

  1. China (13.0K units)
  2. Honduras (7.1K units)
  3. Colombia (0.6K units)
  4. Cambodia (0.4K units)

Exports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Guatemala

In 2022, shipments abroad of track suits; of synthetic fibres, knitted or crocheteds was finally on the rise to reach 55 units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, saw a dramatic curtailment. Over the period under review, the exports of attained the peak figure at 2.5K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of track suits; of synthetic fibres, knitted or crocheteds soared to $1.2K in 2022. In general, exports, however, continue to indicate a precipitous decline. Over the period under review, the exports of reached the maximum at $43K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
HondurasN/AN/A0.11.21100.0%
BelizeN/A4.9N/AN/A0%
United States33.9N/AN/AN/A0%
Costa Rica9.30.5N/AN/A-94.6%
OthersN/AN/AN/AN/A0%
Total43.25.40.11.2-69.7%

Top Export Markets for Track Suits; of Synthetic Fibres, Knitted or Crocheted from Guatemala in 2022:

  1. Honduras (55.0 units)

Source: IndexBox Market Intelligence Platform

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