Guatemala: Self-Adhesive Printed Label Market 2025

Self-Adhesive Printed Label Market Size in Guatemala

The Guatemalan self-adhesive printed label market reduced slightly to $X in 2022, therefore, remained relatively stable against the previous year. Over the period under review, the total consumption indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of +6.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +34.4% against 2014 indices. Over the period under review, the market reached the peak level at $X in 2021, and then fell in the following year.

Self-Adhesive Printed Label Production in Guatemala

In value terms, self-adhesive printed label production reached $X in 2022 estimated in export price. Overall, the total production indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of +6.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -0.5% against 2020 indices. The most prominent rate of growth was recorded in 2014 with an increase of 26%. Over the period under review, production reached the maximum level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Self-Adhesive Printed Label Exports

Exports from Guatemala

After two years of decline, overseas shipments of self-adhesive printed labels increased by 17% to X tons in 2022. Overall, total exports indicated a notable expansion from 2012 to 2022: its volume increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of 54% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, self-adhesive printed label exports expanded sharply to $X in 2022. Over the period under review, exports posted a buoyant expansion. The growth pace was the most rapid in 2014 with an increase of 63%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Costa Rica (X tons), El Salvador (X tons) and Mexico (X tons) were the main destinations of self-adhesive printed label exports from Guatemala, together comprising 67% of total exports. Honduras, Nicaragua, the Dominican Republic and Belize lagged somewhat behind, together comprising a further 31%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Dominican Republic (with a CAGR of +44.2%), while the other leaders experienced more modest paces of growth.

In value terms, El Salvador ($X) remains the key foreign market for self-adhesive printed labels exports from Guatemala, comprising 35% of total exports. The second position in the ranking was taken by Nicaragua ($X), with a 16% share of total exports. It was followed by Honduras, with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of value to El Salvador stood at +8.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Nicaragua (+13.2% per year) and Honduras (-0.0% per year).

Export Prices by Country

The average self-adhesive printed label export price stood at $X per ton in 2022, falling by -5.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.2%. The growth pace was the most rapid in 2021 an increase of 38% against the previous year. As a result, the export price attained the peak level of $X per ton, and then shrank in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belize ($X per ton), while the average price for exports to the Dominican Republic ($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 Belize (+7.4%), while the prices for the other major destinations experienced more modest paces of growth.

Self-Adhesive Printed Label Imports

Imports into Guatemala

In 2022, imports of self-adhesive printed labels into Guatemala reduced slightly to X tons, almost unchanged from 2021. Over the period under review, total imports indicated resilient growth from 2012 to 2022: its volume increased at an average annual rate of +5.3% 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 +47.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 50% against the previous year. As a result, imports attained the peak of X tons, and then reduced slightly in the following year.

In value terms, self-adhesive printed label imports dropped to $X in 2022. The total import value increased at an average annual rate of +1.8% 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 with an increase of 37% against the previous year. As a result, imports attained the peak of $X, and then dropped in the following year.

Imports by Country

In 2022, China (X tons) constituted the largest self-adhesive printed label supplier to Guatemala, with a 47% share of total imports. Moreover, self-adhesive printed label imports from China exceeded the figures recorded by the second-largest supplier, El Salvador (X tons), fourfold. Costa Rica (X tons) ranked third in terms of total imports with a 9.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +45.8%. The remaining supplying countries recorded the following average annual rates of imports growth: El Salvador (+0.7% per year) and Costa Rica (+0.9% per year).

In value terms, the largest self-adhesive printed label suppliers to Guatemala were China ($X), El Salvador ($X) and the United States ($X), with a combined 63% share of total imports.

China, with a CAGR of +33.9%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers 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 self-adhesive printed label import price amounted to $X per ton, which is down by -11% against the previous year. In general, the import price continues to indicate a perceptible curtailment. The most prominent rate of growth was recorded in 2020 an increase of 28%. Over the period under review, average import prices attained the maximum at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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 Hong Kong SAR ($X per ton), while the price for Costa Rica ($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 (+2.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform