Guatemala - Belts And Bandoliers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingBelt and Bandolier Price in Guatemala - 2023
Contents:
- Belt and Bandolier Price in Guatemala (FOB) - 2023
- Belt and Bandolier Price in Guatemala (CIF) - 2023
- Belt and Bandolier Exports in Guatemala
- Belt and Bandolier Imports in Guatemala
Belt and Bandolier Price in Guatemala (FOB) - 2023
In October 2023, the average belt and bandolier export price amounted to $4.6 per unit, waning by -1.8% against the previous month. In general, the export price continues to indicate a mild decline. The pace of growth appeared the most rapid in July 2023 an increase of 6.9% m-o-m. The export price peaked at $6.0 per unit in November 2022; however, from December 2022 to October 2023, the export prices failed to regain momentum.
Average prices varied noticeably for the major external markets. In October 2023, the country with the highest price was Taiwan (Chinese) ($5.1 per unit), while the average price for exports to the United States amounted to $4.6 per unit.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-1.7%).
Belt and Bandolier Price in Guatemala (CIF) - 2023
In October 2023, the average belt and bandolier import price amounted to $2.0 per unit, remaining stable against the previous month. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 when the average import price increased by 238% month-to-month. The import price peaked at $4.4 per unit in March 2023; however, from April 2023 to October 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Colombia ($12.5 per unit), while the price for China ($732 per thousand units) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Mexico (+3.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Belt and Bandolier Exports in Guatemala
In 2022, approx. 5.3M units of belts and bandoliers were exported from Guatemala; waning by -42% compared with the previous year. In general, exports continue to indicate a abrupt decrease. The growth pace was the most rapid in 2021 when exports increased by 52%. As a result, the exports attained the peak of 9.1M units, and then declined sharply in the following year.
In value terms, belt and bandolier exports fell markedly to $30M in 2022. Over the period under review, exports recorded a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 47%. As a result, the exports attained the peak of $45M, and then fell notably in the following year.
Export of Belt and Bandolier in Guatemala (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 30.4 | 26.5 | 39.7 | 26.4 | -4.6% |
Canada | 2.0 | 2.4 | 2.9 | 1.0 | -20.6% |
Taiwan (Chinese) | N/A | 0.3 | 0.2 | 0.5 | 29.1% |
Others | 2.5 | 1.6 | 2.4 | 2.0 | -7.2% |
Total | 35.0 | 30.8 | 45.3 | 29.8 | -5.2% |
Top Export Markets for Belt and Bandolier from Guatemala in 2022:
- United States (4.8M units)
- Canada (0.1M units)
- Taiwan (Chinese) (0.1M units)
Belt and Bandolier Imports in Guatemala
In 2022, approx. 1.2M units of belts and bandoliers were imported into Guatemala; rising by 87% against the previous year. In general, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, belt and bandolier imports soared to $1.7M in 2022. Overall, imports enjoyed strong growth. The most prominent rate of growth was recorded in 2021 when imports increased by 60%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.
Import of Belt and Bandolier in Guatemala (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 115 | 118 | 287 | 559 | 69.4% |
Colombia | 292 | 107 | 219 | 331 | 4.3% |
Mexico | 293 | 66.5 | 84.4 | 113 | -27.2% |
United States | 259 | 95.9 | 114 | 111 | -24.6% |
El Salvador | 105 | 141 | 78.5 | 26.4 | -36.9% |
Others | 292 | 235 | 437 | 558 | 24.1% |
Total | 1,354 | 763 | 1,220 | 1,699 | 7.9% |
Top Suppliers of Belt and Bandolier to Guatemala in 2022:
- China (1001.5K units)
- United States (88.9K units)
- Colombia (31.3K units)
- Mexico (9.7K units)
- El Salvador (3.4K units)
This report provides an in-depth analysis of the belt and bandolier 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 14193180 - Belts and bandoliers, of leather or composition leather
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
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