Guatemala: Walking-Sticks And Whips Market 2024

Walking-Sticks And Whips Market Size in Guatemala

The Guatemalan walking-sticks and whips market surged to $X in 2022, rising by X% against the previous year. Over the period under review, consumption enjoyed a significant increase. Walking-sticks and whips consumption peaked in 2022 and is likely to see gradual growth in the near future.

Walking-Sticks And Whips Production in Guatemala

In value terms, walking-sticks and whips production amounted to $X in 2022 estimated in export price. In general, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with a decrease of X% against the previous year. Over the period under review, production reached the maximum level in 2022 and is expected to retain growth in the immediate term.

Walking-Sticks And Whips Exports

Exports from Guatemala

In 2022, the amount of walking-sticks, seat-sticks, whips and riding-crops exported from Guatemala soared to X units, increasing by X% against the year before. Over the period under review, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2016 when exports increased by X%. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the immediate term.

In value terms, walking-sticks and whips exports surged to $X in 2022. Overall, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in years to come.

Exports by Country

Nicaragua (X units) was the main destination for walking-sticks and whips exports from Guatemala, with a X% share of total exports. Moreover, walking-sticks and whips exports to Nicaragua exceeded the volume sent to the second major destination, El Salvador (X units), fourfold.

From 2012 to 2022, the average annual growth rate of volume to Nicaragua stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: El Salvador (X% per year) and Honduras (X% per year).

In value terms, Nicaragua ($X) emerged as the key foreign market for walking-sticks, seat-sticks, whips and riding-crops exports from Guatemala, comprising X% of total exports. The second position in the ranking was taken by El Salvador ($X), with an X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Nicaragua stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: El Salvador (X% per year) and Honduras (X% per year).

Export Prices by Country

The average walking-sticks and whips export price stood at $X per unit in 2022, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2017 an increase of X%. The export price peaked in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Nicaragua ($X per unit), while the average price for exports to Honduras ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nicaragua (X%), while the prices for the other major destinations experienced more modest paces of growth.

Walking-Sticks And Whips Imports

Imports into Guatemala

In 2022, purchases abroad of walking-sticks, seat-sticks, whips and riding-crops increased by X% to X units, rising for the third year in a row after two years of decline. Over the period under review, imports saw a strong expansion. The most prominent rate of growth was recorded in 2013 with an increase of X%. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, walking-sticks and whips imports soared to $X in 2022. In general, imports posted a significant increase. The growth pace was the most rapid in 2013 with an increase of X%. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in the near future.

Imports by Country

In 2022, China (X units) constituted the largest supplier of walking-sticks and whips to Guatemala, with a X% share of total imports. Moreover, walking-sticks and whips imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), fourfold. The third position in this ranking was taken by Mexico (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Mexico (X% per year).

In value terms, China ($X) constituted the largest supplier of walking-sticks, seat-sticks, whips and riding-crops to Guatemala, comprising X% of total imports. The second position in the ranking was taken by the United States ($X), with a X% share of total imports. It was followed by Mexico, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Mexico (X% per year).

Import Prices by Country

In 2022, the average walking-sticks and whips import price amounted to $X per unit, falling by X% against the previous year. In general, the import price, however, saw mild growth. The pace of growth appeared the most rapid in 2018 when the average import price increased by X% against the previous year. The import price peaked at $X per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Mexico ($X per unit) and the United States ($X per unit), while the price for Taiwan (Chinese) ($X per unit) and China ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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