Guatemala: Women Hosiery Market 2025

Women Hosiery Market Size in Guatemala

The Guatemalan women hosiery market soared to $X in 2022, rising by 17% against the previous year. The market value increased at an average annual rate of +4.7% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Women Hosiery Production in Guatemala

In value terms, women hosiery production stood at $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.3% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when the production volume increased by 22%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Women Hosiery Exports

Exports from Guatemala

Women hosiery exports from Guatemala contracted markedly to X pairs in 2022, which is down by -24.3% against the previous year. In general, exports showed a deep slump. The pace of growth appeared the most rapid in 2021 when exports increased by 66% against the previous year. Over the period under review, the exports attained the peak figure at X pairs in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, women hosiery exports fell sharply to $X in 2022. Over the period under review, exports saw a deep contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 64%. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

El Salvador (X pairs), Costa Rica (X pairs) and Honduras (X pairs) were the main destinations of women hosiery exports from Guatemala, with a combined 64% share of total exports. Panama, Nicaragua, the Dominican Republic and the United States lagged somewhat behind, together accounting for a further 34%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of +22.3%), while the other leaders experienced mixed trend patterns.

In value terms, El Salvador ($X), Honduras ($X) and the United States ($X) were the largest markets for women hosiery exported from Guatemala worldwide, together comprising 61% of total exports.

The United States, with a CAGR of +37.1%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average women hosiery export price amounted to $X per pair, increasing by 10% against the previous year. In general, export price indicated a buoyant expansion from 2012 to 2022: its price 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, women hosiery export price increased by +90.2% against 2016 indices. The most prominent rate of growth was recorded in 2020 when the average export price increased by 31%. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per pair), while the average price for exports to Panama ($X per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Honduras (+12.9%), while the prices for the other major destinations experienced more modest paces of growth.

Women Hosiery Imports

Imports into Guatemala

In 2022, the amount of socks, stockings and other women's hosiery imported into Guatemala skyrocketed to X pairs, with an increase of 33% against the previous year. In general, imports saw resilient growth. The pace of growth was the most pronounced in 2017 when imports increased by 97%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, women hosiery imports soared to $X in 2022. Over the period under review, imports showed a buoyant increase. The pace of growth was the most pronounced in 2017 with an increase of 35%. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, China (X pairs) was the main supplier of women hosiery to Guatemala, accounting for a 93% share of total imports. It was followed by the United States (X pairs), with a 1.6% share of total imports. The third position in this ranking was held by Mexico (X pairs), with a 1.2% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at +16.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-3.8% per year) and Mexico (-7.6% per year).

In value terms, China ($X) constituted the largest supplier of socks, stockings and other women's hosiery to Guatemala, comprising 73% of total imports. The second position in the ranking was taken by the United States ($X), with a 5.8% share of total imports. It was followed by Mexico, with a 3.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +13.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+0.1% per year) and Mexico (-3.1% per year).

Import Prices by Country

In 2022, the average women hosiery import price amounted to $X per pair, falling by -2.2% against the previous year. In general, the import price showed a pronounced setback. The pace of growth was the most pronounced in 2015 an increase of 47%. As a result, import price attained the peak level of $X per pair. From 2016 to 2022, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+4.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform