Guatemala: Market for Pens, Stylos And Similar Stationery 2024

Market Size for Pens, Stylos And Similar Stationery in Guatemala

The Guatemalan market for pens, stylos and similar stationery was finally on the rise to reach $X in 2022, after three years of decline. Overall, consumption recorded a drastic downturn. Pens, stylos and similar stationery consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Production of Pens, Stylos And Similar Stationery in Guatemala

In value terms, pens, stylos and similar stationery production expanded to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a sharp decrease. The most prominent rate of growth was recorded in 2020 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Pens, Stylos And Similar Stationery

Exports from Guatemala

In 2022, exports of pens, stylos and similar stationery from Guatemala skyrocketed to X units, with an increase of X% on 2021 figures. In general, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2019 with an increase of X%. As a result, the exports attained the peak of X units. From 2020 to 2022, the growth of the exports failed to regain momentum.

In value terms, pens, stylos and similar stationery exports skyrocketed to $X in 2022. Over the period under review, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

El Salvador (X units) was the main destination for pens, stylos and similar stationery exports from Guatemala, with a X% share of total exports. Moreover, pens, stylos and similar stationery exports to El Salvador exceeded the volume sent to the second major destination, Honduras (X units), threefold. Bolivia (X units) ranked third in terms of total exports with a X% share.

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

In value terms, El Salvador ($X), Honduras ($X) and Panama ($X) were the largest markets for pens, stylos and similar stationery exported from Guatemala worldwide, together comprising X% of total exports. Mexico, Costa Rica, Bolivia and Nicaragua lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, Bolivia, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for pens, stylos and similar stationery stood at $X per thousand units in 2022, approximately reflecting the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2016 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per thousand units. From 2017 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($X per thousand units), while the average price for exports to Bolivia ($X per thousand units) was amongst the lowest.

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

Imports of Pens, Stylos And Similar Stationery

Imports into Guatemala

After two years of decline, purchases abroad of pens, stylos and similar stationery increased by X% to X units in 2022. Over the period under review, imports recorded a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, pens, stylos and similar stationery imports soared to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, Vietnam (X units) constituted the largest supplier of pens, stylos and similar stationery to Guatemala, accounting for a X% share of total imports. Moreover, pens, stylos and similar stationery imports from Vietnam exceeded the figures recorded by the second-largest supplier, China (X units), fourfold. Mexico (X units) ranked third in terms of total imports with a X% share.

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

In value terms, China ($X), Mexico ($X) and Germany ($X) were the largest pens, stylos and similar stationery suppliers to Guatemala, with a combined X% share of total imports. Japan, the United States, Vietnam, Panama, Brazil, Italy, Hong Kong SAR and Belgium lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Vietnam, with a CAGR of X%, 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

The average import price for pens, stylos and similar stationery stood at $X per unit in 2022, reducing by X% against the previous year. In general, the import price recorded a deep setback. The most prominent rate of growth was recorded in 2021 an increase of X%. As a result, import price attained the peak level of $X per unit, and then shrank markedly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($X per unit), while the price for Vietnam (less than $X per unit) was amongst the lowest.

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

Source: IndexBox Platform