Guatemala - Electric Smoothing Irons - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSmoothing Iron Price in Guatemala - 2023
Contents:
- Smoothing Iron Price in Guatemala (CIF) - 2022
- Smoothing Iron Price in Guatemala (FOB) - 2022
- Smoothing Iron Imports in Guatemala
- Smoothing Iron Exports in Guatemala
Smoothing Iron Price in Guatemala (CIF) - 2022
In 2022, the average smoothing iron import price amounted to $25 per unit, reducing by -14% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 25%. Over the period under review, average import prices attained the peak figure at $29 per unit in 2021, and then fell in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Mexico ($25 per unit) and the United States ($25 per unit), while the price for Panama ($25 per unit) and China ($25 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+0.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Smoothing Iron Price in Guatemala (FOB) - 2022
The average smoothing iron export price stood at $33 per unit in 2022, falling by -16.7% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. The growth pace was the most rapid in 2014 when the average export price increased by 17% against the previous year. Over the period under review, the average export prices hit record highs at $39 per unit in 2021, and then reduced sharply in the following year.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Panama ($33 per unit) and El Salvador ($33 per unit), while the average price for exports to Honduras ($33 per unit) and Mexico ($33 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 Panama (+1.6%), while the prices for the other major destinations experienced more modest paces of growth.
Smoothing Iron Imports in Guatemala
In 2022, imports of electric smoothing irons into Guatemala fell to 117K units, with a decrease of -2.7% against the year before. Overall, imports faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 10%. Over the period under review, imports reached the maximum at 160K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, smoothing iron imports dropped markedly to $2.9M in 2022. Over the period under review, imports recorded a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 22%. Over the period under review, imports reached the maximum at $4.1M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
Import of Smoothing Iron in Guatemala (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 2.7 | 1.9 | 2.8 | 2.7 | 0.0% |
United States | 1.1 | 0.7 | 0.5 | 0.1 | -55.0% |
Mexico | 0.1 | 0.2 | 0.1 | N/A | 0.0% |
Others | 0.2 | 0.1 | 0.2 | 0.1 | -20.6% |
Total | 4.1 | 2.8 | 3.5 | 2.9 | -10.9% |
Top Suppliers of Smoothing Iron to Guatemala in 2022:
- China (108.5K units)
- United States (4.3K units)
- Mexico (1.8K units)
Smoothing Iron Exports in Guatemala
Smoothing iron exports from Guatemala soared to 4.2K units in 2022, with an increase of 67% compared with the previous year. Over the period under review, exports, however, faced a abrupt curtailment. The exports peaked at 8.4K units in 2020; however, from 2021 to 2022, the exports remained at a lower figure.
In value terms, smoothing iron exports surged to $137K in 2022. Overall, exports, however, faced a drastic downturn. The most prominent rate of growth was recorded in 2020 with an increase of 41% against the previous year. As a result, the exports reached the peak of $298K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
Export of Smoothing Iron in Guatemala (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Honduras | 47.8 | 149 | 36.8 | 64.4 | 10.4% |
Mexico | N/A | 0.4 | 0.1 | 51.6 | 1035.8% |
Nicaragua | 53.4 | 92.2 | 26.6 | 9.9 | -43.0% |
El Salvador | 99.7 | 54.2 | 32.6 | 9.8 | -53.8% |
Others | 10.8 | 2.0 | 2.6 | 1.3 | -50.6% |
Total | 212 | 298 | 98.8 | 137 | -13.5% |
Top Export Markets for Smoothing Iron from Guatemala in 2022:
- Honduras (1962.0 units)
- Mexico (1573.0 units)
- Nicaragua (303.0 units)
- El Salvador (299.0 units)
This report provides an in-depth analysis of the smoothing iron market 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 27512370 - Electric smoothing irons
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
-
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
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