Guatemala - Household Sewing Machines - Market Analysis, Forecast, Size, Trends and Insights
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View PricingHousehold Sewing Machine Price in Guatemala - 2023
Contents:
- Household Sewing Machine Price in Guatemala (CIF) - 2022
- Household Sewing Machine Price in Guatemala (FOB) - 2022
- Household Sewing Machine Imports in Guatemala
- Household Sewing Machine Exports in Guatemala
Household Sewing Machine Price in Guatemala (CIF) - 2022
The average household sewing machine import price stood at $135 per unit in 2022, surging by 6.8% against the previous year. Over the period under review, import price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, household sewing machine import price increased by +11.2% against 2018 indices. The growth pace was the most rapid in 2017 an increase of 22%. The import price peaked in 2022 and is expected to retain growth in the near future.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Taiwan (Chinese) ($135 per unit) and China ($135 per unit), while the price for Japan ($135 per unit) and Thailand ($135 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+6.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Household Sewing Machine Price in Guatemala (FOB) - 2022
In 2022, the average household sewing machine export price amounted to $107 per unit, which is down by -27.2% against the previous year. In general, the export price, however, recorded moderate growth. The growth pace was the most rapid in 2016 an increase of 58%. The export price peaked at $146 per unit in 2021, and then reduced rapidly in the following year.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were the United States ($110 per unit) and Honduras ($108 per unit), while the average price for exports to Nicaragua ($107 per unit) and Panama ($107 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 Argentina (+26.9%), while the prices for the other major destinations experienced mixed trend patterns.
Household Sewing Machine Imports in Guatemala
Household sewing machine imports into Guatemala contracted significantly to 17K units in 2022, reducing by -35.2% compared with the year before. In general, imports saw a pronounced contraction. The pace of growth was the most pronounced in 2021 when imports increased by 91% against the previous year. As a result, imports attained the peak of 27K units, and then plummeted in the following year.
In value terms, household sewing machine imports fell significantly to $2.3M in 2022. Overall, imports, however, saw a pronounced expansion. The most prominent rate of growth was recorded in 2021 with an increase of 102% against the previous year. As a result, imports attained the peak of $3.4M, and then contracted notably in the following year.
Import of Household Sewing Machine in Guatemala (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 588 | 597 | 1,476 | 1,116 | 23.8% |
United States | 1,473 | 1,047 | 1,363 | 580 | -26.7% |
Vietnam | N/A | N/A | 369 | 329 | -10.8% |
Thailand | N/A | N/A | 41.0 | 194 | 373.2% |
Japan | N/A | N/A | N/A | 61.7 | 0% |
Taiwan (Chinese) | 118 | 15.3 | 81.7 | 39.8 | -30.4% |
Others | 30.1 | 22.0 | 63.6 | 28.1 | -2.3% |
Total | 2,210 | 1,681 | 3,394 | 2,349 | 2.1% |
Top Suppliers of Household Sewing Machine to Guatemala in 2022:
- China (8.3K units)
- United States (4.3K units)
- Vietnam (2.4K units)
- Thailand (1.4K units)
- Japan (0.5K units)
- Taiwan (Chinese) (0.3K units)
Household Sewing Machine Exports in Guatemala
Household sewing machine exports from Guatemala reduced markedly to 313 units in 2022, dropping by -16.1% on 2021. Overall, exports, however, recorded a resilient increase. The most prominent rate of growth was recorded in 2021 when exports increased by 908%. As a result, the exports reached the peak of 373 units, and then shrank notably in the following year.
In value terms, household sewing machine exports declined rapidly to $33K in 2022. In general, exports, however, recorded strong growth. The most prominent rate of growth was recorded in 2021 with an increase of 1,033%. As a result, the exports reached the peak of $55K, and then declined remarkably in the following year.
Export of Household Sewing Machine in Guatemala (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Honduras | 5.9 | 1.4 | 26.2 | 17.9 | 44.8% |
El Salvador | 3.8 | N/A | 22.0 | 5.4 | 12.4% |
Nicaragua | 4.1 | N/A | 1.7 | 4.3 | 1.6% |
Panama | 4.8 | 0.2 | 1.9 | 3.1 | -13.6% |
United States | 1.3 | 1.3 | 0.8 | 1.2 | -2.6% |
Others | 4.4 | 1.9 | 1.9 | 1.4 | -31.7% |
Total | 24.3 | 4.8 | 54.6 | 33.3 | 11.1% |
Top Export Markets for Household Sewing Machine from Guatemala in 2022:
- Honduras (166.0 units)
- El Salvador (50.0 units)
- Nicaragua (40.0 units)
- Panama (29.0 units)
- United States (11.0 units)
This report provides an in-depth analysis of the household sewing machine 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 28944000 - Domestic sewing machines (excluding furniture, bases and covers)
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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In 2016, the global sewing machine imports totaled X tons, ascending by X% against the previous year figure. In general, sewing machine imports continue to indicate a relatively flat trend patter...
In 2016, the global sewing machine imports totaled X tons, ascending by X% against the previous year figure. In general, sewing machine imports continue to indicate a relatively flat trend patter...
The global household sewing machine market showed steady growth until it contracted slightly from 2015-2016, finally amounting to X units in 2016.
China dominates in global household sewing machine production and trade. In 2013, China exported X% of its total output. Of this amount, X% was supplied to the United States, where Chinese household sewing machines held X% share of total U.S.
In 2016, the global sewing machine imports totaled X tons, ascending by X% against the previous year figure. In general, sewing machine imports continue to indicate a relatively flat trend patter...
In 2016, the global sewing machine imports totaled X tons, ascending by X% against the previous year figure. In general, sewing machine imports continue to indicate a relatively flat trend patter...
The global household sewing machine market showed steady growth until it contracted slightly from 2015-2016, finally amounting to X units in 2016.
China dominates in global household sewing machine production and trade. In 2013, China exported X% of its total output. Of this amount, X% was supplied to the United States, where Chinese household sewing machines held X% share of total U.S.