Key Market Indicators
Guatemalan clothing accessories imports are projected to hit $50,000 by 2028, up from $46,000 in 2023. This marks an average annual growth rate of 1.4%. Since 1998, the country's demand for these items has increased by 2% each year. On the export front, Guatemala saw a dramatic rise in clothing accessories shipments, which surged to nearly $4,000 in 2017 from just $280 in 2016. This represents a staggering 1,270% increase in just one year. However, the long-term trend has been less encouraging, with supply dropping by 38% annually since 1999.