Guatemala: Stationery Market 2024

Stationery Market Size in Guatemala

The Guatemalan stationery market expanded markedly to $X in 2022, surging by 5.9% against the previous year. Over the period under review, consumption, however, showed a pronounced downturn. Stationery consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Stationery Production in Guatemala

In value terms, stationery production reduced slightly to $X in 2022 estimated in export price. Overall, production, however, saw a pronounced decrease. The growth pace was the most rapid in 2018 with an increase of 15% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Stationery Exports

Exports from Guatemala

In 2022, shipments abroad of articles of stationery decreased by -3.2% to X tons, falling for the fourth consecutive year after seven years of growth. In general, total exports indicated a perceptible increase from 2012 to 2022: its volume increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -39.0% against 2018 indices. The growth pace was the most rapid in 2013 with an increase of 35% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, stationery exports surged to $X in 2022. The total export value increased at an average annual rate of +3.1% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 when exports increased by 28%. Over the period under review, the exports attained the peak figure at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

El Salvador (X tons) was the main destination for stationery exports from Guatemala, accounting for a 48% share of total exports. Moreover, stationery exports to El Salvador exceeded the volume sent to the second major destination, Honduras (X tons), twofold. The third position in this ranking was taken by Mexico (X tons), with a 15% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to El Salvador totaled -2.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Honduras (+6.4% per year) and Mexico (+55.1% per year).

In value terms, El Salvador ($X) remains the key foreign market for articles of stationery exports from Guatemala, comprising 50% of total exports. The second position in the ranking was taken by Honduras ($X), with a 20% share of total exports. It was followed by Costa Rica, with a 13% share.

From 2012 to 2022, the average annual growth rate of value to El Salvador was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Honduras (+2.9% per year) and Costa Rica (+9.4% per year).

Export Prices by Country

The average stationery export price stood at $X per ton in 2022, with an increase of 27% against the previous year. Over the period under review, the export price continues to indicate a modest expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Panama ($X per ton), while the average price for exports to Mexico ($X 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 El Salvador (+3.0%), while the prices for the other major destinations experienced mixed trend patterns.

Stationery Imports

Imports into Guatemala

In 2022, purchases abroad of articles of stationery increased by 26% to X tons, rising for the second year in a row after two years of decline. Over the period under review, imports, however, recorded a slight decrease. The pace of growth appeared the most rapid in 2021 with an increase of 48% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, stationery imports surged to $X in 2022. Overall, total imports indicated a pronounced expansion from 2012 to 2022: its value increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +149.4% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 75% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.

Imports by Country

Honduras (X tons), El Salvador (X tons) and China (X tons) were the main suppliers of stationery imports to Guatemala, with a combined 58% share of total imports. Mexico, Costa Rica, India, France, Colombia and the United States lagged somewhat behind, together accounting for a further 37%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France (with a CAGR of +117.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest stationery suppliers to Guatemala were China ($X), El Salvador ($X) and Honduras ($X), together accounting for 51% of total imports. Mexico, France, Costa Rica, the United States, India and Colombia lagged somewhat behind, together comprising a further 40%.

In terms of the main suppliers, France, with a CAGR of +116.2%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average stationery import price amounted to $X per ton, rising by 13% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.5%. The pace of growth appeared the most rapid in 2021 when the average import price increased by 18% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the near future.

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 France ($X per ton), while the price for Honduras ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform