Key Market Indicators
Guatemala's fabric exports are expected to reach $159 million by 2026, up 2.5% each year on average since 2021. The country ranked 18th in 2021, with Israel ahead at $136.5 million. South Korea, Italy and Germany came in second, third and fourth, respectively. Meanwhile, fabric imports to Guatemala are forecast to reach $169.5 million by 2026, with a growth of 0.3% year on year since 2021. Guatemala ranked 32nd in 2021, with Argentina overtaking at $166.5 million. Indonesia, China and the United States came in second, third and fourth, respectively. Since 1998, Guatemalan demand has decreased by 0.9% year on year.