Key Market Indicators
Guatemala's yarn imports and exports are both on the rise. Imports are predicted to reach around $95 million by 2026, up from $84 million in 2021. This growth is expected to be steady at a rate of 2.1% year-on-year. Since 1998, Guatemalan demand for yarn has risen by an average of 2.8% year-on-year. Exports are estimated to hit $13 million by 2026, up from $11 million in 2021. This growth is expected to be slightly higher at a rate of 2.7% year-on-year. Since 1998, Guatemalan yarn exports have grown by an average of 7.3% year-on-year.
