Life-Jackets and Life-Belts Price in Guatemala - 2023
Contents:
- Life-Jackets and Life-Belts Price in Guatemala (CIF) - 2022
- Life-Jackets and Life-Belts Price in Guatemala (FOB) - 2022
- Life-Jackets and Life-Belts Imports in Guatemala
- Life-Jackets and Life-Belts Exports in Guatemala
Life-Jackets and Life-Belts Price in Guatemala (CIF) - 2022
In 2022, the average life-jackets and life-belts import price amounted to $16,122 per ton, with an increase of 140% against the previous year. Overall, the import price posted a buoyant increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Pakistan ($39,040 per ton), while the price for El Salvador ($2,497 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+60.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Life-Jackets and Life-Belts Price in Guatemala (FOB) - 2022
The average life-jackets and life-belts export price stood at $11,671 per ton in 2022, which is down by -1.5% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the average export price increased by 85% against the previous year. Over the period under review, the average export prices hit record highs at $18,196 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Honduras ($16,734 per ton), while the average price for exports to El Salvador ($9,754 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Honduras (+12.4%), while the prices for the other major destinations experienced more modest paces of growth.
Life-Jackets and Life-Belts Imports in Guatemala
In 2022, the amount of life-jackets and life-beltses imported into Guatemala shrank to 54 tons, flattening at the previous year. Overall, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +7.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +84.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 86%. As a result, imports attained the peak of 55 tons, leveling off in the following year.
In value terms, life-jackets and life-belts imports surged to $874K in 2022. Over the period under review, imports, however, enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Life-Jackets and Life-Belts in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Pakistan | 4.4 | N/A | 4.1 | 545 | 398.5% |
| China | 110 | 56.8 | 143 | 154 | 11.9% |
| Mexico | 64.0 | 39.8 | 107 | 68.3 | 2.2% |
| United States | 141 | 96.5 | 49.3 | 28.5 | -41.3% |
| El Salvador | 6.8 | 7.6 | 5.9 | 22.6 | 49.2% |
| Taiwan (Chinese) | 5.7 | 4.6 | 19.0 | 13.6 | 33.6% |
| India | 4.3 | 4.1 | 6.2 | 9.9 | 32.0% |
| Others | 13.5 | 11.0 | 34.8 | 32.8 | 34.4% |
| Total | 350 | 220 | 368 | 874 | 35.7% |
Top Suppliers of Life-Jackets and Life-Belts to Guatemala in 2022:
- China (19.4 tons)
- Pakistan (14.0 tons)
- El Salvador (9.1 tons)
- Mexico (5.3 tons)
- India (2.0 tons)
- United States (2.0 tons)
- Taiwan (Chinese) (1.7 tons)
Life-Jackets and Life-Belts Exports in Guatemala
In 2022, overseas shipments of life-jackets and life-beltses decreased by -19.5% to 811 kg for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 301%.
In value terms, life-jackets and life-belts exports declined markedly to $9.5K in 2022. Overall, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 298% against the previous year.
| Export of Life-Jackets and Life-Belts in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 0.1 | 4.6 | 3.3 | 4.3 | 250.3% |
| El Salvador | N/A | 0.3 | 1.0 | 2.4 | 182.8% |
| Honduras | 1.7 | 1.6 | 6.3 | 2.3 | 10.6% |
| Belize | 0.1 | N/A | 0.5 | 0.4 | 58.7% |
| Nicaragua | 0.3 | 0.4 | 0.5 | N/A | 29.1% |
| Bahamas | N/A | 1.8 | N/A | N/A | 0% |
| Panama | N/A | 1.0 | N/A | N/A | 0% |
| Others | 0.4 | N/A | 0.2 | N/A | -29.3% |
| Total | 2.4 | 9.7 | 11.9 | 9.5 | 58.2% |
Top Export Markets for Life-Jackets and Life-Belts from Guatemala in 2022:
- United States (387.0 kg)
- El Salvador (248.0 kg)
- Honduras (139.0 kg)
- Belize (35.0 kg)
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