Guatemala: Market for Hair Brushes And Shaving And Toilet Brushes For Personal Use 2024

Market Size for Hair Brushes And Shaving And Toilet Brushes For Personal Use in Guatemala

The Guatemalan market for hair brushes and shaving and toilet brushes for personal use shrank modestly to $X in 2022, waning by -3.6% 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). In general, consumption continues to indicate resilient growth. As a result, consumption attained the peak level of $X, and then fell slightly in the following year.

Exports of Hair Brushes And Shaving And Toilet Brushes For Personal Use

Exports from Guatemala

In 2022, approx. X units of hair brushes and shaving and toilet brushes for personal use were exported from Guatemala; growing by 37% compared with the year before. Over the period under review, exports, however, continue to indicate a abrupt shrinkage. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, hair, shaving and toilet brush exports stood at $X in 2022. In general, exports, however, recorded a pronounced slump. The growth pace was the most rapid in 2021 with an increase of 28%. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Honduras (X units), the United States (X units) and El Salvador (X units) were the main destinations of hair, shaving and toilet brush exports from Guatemala, together comprising 73% of total exports.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of +37.2%), while shipments for the other leaders experienced a decline.

In value terms, Honduras ($X), the United States ($X) and El Salvador ($X) constituted the largest markets for hair, shaving and toilet brush exported from Guatemala worldwide, with a combined 73% share of total exports.

In terms of the main countries of destination, the United States, with a CAGR of +42.9%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average export price for hair brushes and shaving and toilet brushes for personal use stood at $X per unit in 2022, falling by -16.6% against the previous year. Overall, the export price, however, continues to indicate tangible growth. The most prominent rate of growth was recorded in 2017 when the average export price increased by 36%. The export price peaked at $X per unit in 2021, and then declined notably in the following year.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were the United States ($X per unit) and Nicaragua ($X per unit), while the average price for exports to El Salvador ($X per unit) and Honduras ($X 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 Panama (+4.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Hair Brushes And Shaving And Toilet Brushes For Personal Use

Imports into Guatemala

In 2022, supplies from abroad of hair brushes and shaving and toilet brushes for personal use increased by 27% to X units, rising for the second year in a row after four years of decline. In general, total imports indicated a noticeable increase from 2012 to 2022: its volume increased at an average annual rate of +3.5% 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 +102.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 60% against the previous year. Over the period under review, imports reached the peak figure at X units in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, hair, shaving and toilet brush imports reduced to $X in 2022. Overall, imports recorded a strong expansion. The pace of growth was the most pronounced in 2021 with an increase of 107% against the previous year. As a result, imports reached the peak of $X, and then reduced in the following year.

Imports by Country

In 2022, China (X units) constituted the largest supplier of hair, shaving and toilet brush to Guatemala, with a 80% share of total imports. Moreover, hair, shaving and toilet brush imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), more than tenfold. The third position in this ranking was held by Mexico (X units), with a 6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +15.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-7.6% per year) and Mexico (-9.3% per year).

In value terms, China ($X) constituted the largest supplier of hair brushes and shaving and toilet brushes for personal use to Guatemala, comprising 80% of total imports. The second position in the ranking was taken by the United States ($X), with a 6.3% share of total imports. It was followed by Mexico, with a 6% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +20.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-3.7% per year) and Mexico (-5.5% per year).

Import Prices by Country

In 2022, the average import price for hair brushes and shaving and toilet brushes for personal use amounted to $X per unit, reducing by -27.7% against the previous year. Over the period under review, the import price, however, showed a noticeable expansion. The most prominent rate of growth was recorded in 2021 when the average import price increased by 30% against the previous year. As a result, import price reached the peak level of $X per unit, and then reduced dramatically in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform