Guatemala: Market for Dentist And Barber Chairs 2024

Market Size for Dentist And Barber Chairs in Guatemala

The Guatemalan dentist or barber chair market contracted significantly to $X in 2022, which is down by -27.1% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, showed a resilient expansion. Dentist or barber chair consumption peaked at $X in 2021, and then plummeted in the following year.

Exports of Dentist And Barber Chairs

Exports from Guatemala

In 2022, after two years of growth, there was significant decline in shipments abroad of dentist and barber chairs, when their volume decreased by -39.2% to X units. Over the period under review, exports showed a abrupt decrease. The pace of growth was the most pronounced in 2021 when exports increased by 166%. Over the period under review, the exports attained the maximum at X units in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, dentist or barber chair exports fell sharply to $X in 2022. In general, exports recorded a abrupt slump. The most prominent rate of growth was recorded in 2019 with an increase of 172%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

El Salvador (X units) was the main destination for dentist or barber chair exports from Guatemala, accounting for a 87% share of total exports. Moreover, dentist or barber chair exports to El Salvador exceeded the volume sent to the second major destination, Honduras (X units), sixfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to El Salvador stood at -7.3%.

In value terms, El Salvador ($X) remains the key foreign market for dentist and barber chairs exports from Guatemala, comprising 93% of total exports. The second position in the ranking was taken by Honduras ($X), with a 7.2% share of total exports.

From 2012 to 2022, the average annual growth rate of value to El Salvador stood at -9.8%.

Export Prices by Country

In 2022, the average dentist or barber chair export price amounted to $X per unit, growing by 5.6% against the previous year. In general, the export price, however, showed a pronounced decrease. The pace of growth appeared the most rapid in 2019 when the average export price increased by 260% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2020 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was El Salvador ($X per unit), while the average price for exports to Honduras totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Honduras (+1.7%), while the prices for the other major destinations experienced a decline.

Imports of Dentist And Barber Chairs

Imports into Guatemala

In 2022, the amount of dentist and barber chairs imported into Guatemala fell remarkably to X units, waning by -16.1% compared with 2021. In general, imports, however, saw strong growth. The pace of growth appeared the most rapid in 2016 when imports increased by 150%. Over the period under review, imports hit record highs at X units in 2021, and then declined sharply in the following year.

In value terms, dentist or barber chair imports shrank notably to $X in 2022. Overall, imports, however, continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of 181% against the previous year. As a result, imports attained the peak of $X, and then fell dramatically in the following year.

Imports by Country

In 2022, China (X units) was the main dentist or barber chair supplier to Guatemala, with a 93% share of total imports. Moreover, dentist or barber chair imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +23.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-4.7% per year) and Brazil (-5.7% per year).

In value terms, China ($X) constituted the largest supplier of dentist and barber chairs to Guatemala, comprising 85% of total imports. The second position in the ranking was held by the United States ($X), with a 6.3% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +23.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+1.3% per year) and Brazil (-5.5% per year).

Import Prices by Country

In 2022, the average dentist or barber chair import price amounted to $X per unit, waning by -19.6% against the previous year. Overall, the import price continues to indicate a noticeable curtailment. The growth pace was the most rapid in 2021 when the average import price increased by 45% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 Brazil ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform