Guatemala: Personal Anti-Perspirants Market 2024

Personal Anti-Perspirants Market Size in Guatemala

In 2022, the Guatemalan personal anti-perspirants market increased by X% to $X, rising for the third year in a row after three years of decline. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. Personal anti-perspirants consumption peaked in 2022 and is expected to retain growth in the near future.

Personal Anti-Perspirants Production in Guatemala

In value terms, personal anti-perspirants production soared to $X in 2022 estimated in export price. Over the period under review, production, however, showed a abrupt setback. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Personal Anti-Perspirants Exports

Exports from Guatemala

Personal anti-perspirants exports from Guatemala skyrocketed to X tons in 2022, increasing by X% against 2021 figures. Overall, exports, however, continue to indicate a drastic downturn. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, personal anti-perspirants exports surged to $X in 2022. In general, exports continue to indicate a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

El Salvador (X tons), Nicaragua (X tons) and Costa Rica (X tons) were the main destinations of personal anti-perspirants exports from Guatemala, together comprising X% of total exports. Honduras, Panama and the Dominican Republic lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for the Dominican Republic (with a CAGR of X%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Honduras ($X), El Salvador ($X) and Nicaragua ($X) appeared to be the largest markets for personal anti-perspirants exported from Guatemala worldwide, together comprising X% of total exports. Costa Rica, Panama and the Dominican Republic lagged somewhat behind, together comprising a further X%.

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

Export Prices by Country

In 2022, the average personal anti-perspirants export price amounted to $X per ton, surging by X% against the previous year. In general, export price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, personal anti-perspirants export price increased by X% against 2019 indices. The pace of growth was the most pronounced in 2014 when the average export price increased by X%. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see steady growth in the near future.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Honduras ($X per ton), while the average price for exports to the Dominican Republic ($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 Honduras (X%), while the prices for the other major destinations experienced more modest paces of growth.

Personal Anti-Perspirants Imports

Imports into Guatemala

In 2022, the amount of personal deodorants and anti-perspirants imported into Guatemala expanded modestly to X tons, surging by X% on the previous year's figure. Overall, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when imports increased by X%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, personal anti-perspirants imports surged to $X in 2022. Over the period under review, total imports indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Mexico (X tons) constituted the largest supplier of personal anti-perspirants to Guatemala, accounting for a X% share of total imports. Moreover, personal anti-perspirants imports from Mexico exceeded the figures recorded by the second-largest supplier, the United States (X tons), threefold. The third position in this ranking was taken by Germany (X tons), with a X% share.

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

In value terms, the largest personal anti-perspirants suppliers to Guatemala were Mexico ($X), the United States ($X) and Germany ($X), with a combined X% share of total imports. Colombia, Poland and Brazil lagged somewhat behind, together comprising a further X%.

Poland, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average personal anti-perspirants import price stood at $X per ton in 2022, growing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Brazil ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform