Guatemala - Dried Prunes - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Guatemala - Dried Prunes - Market Analysis, Forecast, Size, Trends and Insights

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Dried Prune Price in Guatemala - 2023

Contents:

  1. Dried Prune Price in Guatemala (CIF) - 2023
  2. Dried Prune Price in Guatemala (FOB) - 2022
  3. Dried Prune Imports in Guatemala
  4. Dried Prune Exports in Guatemala

Dried Prune Price in Guatemala (CIF) - 2023

The average dried prune import price stood at $1,974 per ton in October 2023, declining by -21.6% against the previous month. Over the period under review, the import price recorded a perceptible reduction. The pace of growth was the most pronounced in March 2023 when the average import price increased by 200% month-to-month. As a result, import price reached the peak level of $6,627 per ton. From April 2023 to October 2023, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was the United States ($7,054 per ton), while the price for Chile amounted to $1,912 per ton.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by the United States (+0.5%), while the prices for the other major suppliers experienced a decline.

Dried Prune Price in Guatemala (FOB) - 2022

The average dried prune export price stood at $5,155 per ton in 2022, surging by 4.6% against the previous year. Over the period under review, export price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +8.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, dried prune export price increased by +43.5% against 2019 indices. The growth pace was the most rapid in 2015 when the average export price increased by 59%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Honduras ($5,901 per ton) and Costa Rica ($5,472 per ton), while the average price for exports to Nicaragua ($4,264 per ton) and El Salvador ($5,053 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nicaragua (+11.2%), while the prices for the other major destinations experienced more modest paces of growth.

Dried Prune Imports in Guatemala

In 2022, approx. 2K tons of dried prunes were imported into Guatemala; picking up by 43% on the previous year. Over the period under review, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, dried prune imports skyrocketed to $3.6M in 2022. In general, imports showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 72%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Import of Dried Prune in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Chile9187201,4222,60641.6%
United States28841056086944.5%
Others29.712317615372.7%
Total1,2351,2542,1583,62843.2%

Top Suppliers of Dried Prune to Guatemala in 2022:

  1. Chile (1702.8 tons)
  2. United States (260.0 tons)

Dried Prune Exports in Guatemala

In 2022, shipments abroad of dried prunes decreased by -19.2% to 37 tons, falling for the second year in a row after two years of growth. Over the period under review, exports showed a abrupt downturn. The most prominent rate of growth was recorded in 2020 with an increase of 1.5%. As a result, the exports reached the peak of 47 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, dried prune exports dropped notably to $193K in 2022. The total export value increased at an average annual rate of +5.4% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 36% against the previous year. As a result, the exports attained the peak of $229K, and then shrank rapidly in the following year.

Export of Dried Prune in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Panama67.883.812484.37.5%
El Salvador48.841.747.845.3-2.5%
Honduras14.718.636.336.535.4%
Nicaragua21.411.114.722.00.9%
Costa Rica12.412.35.44.8-27.1%
OthersN/AN/AN/AN/A0%
Total1651672291935.4%

Top Export Markets for Dried Prune from Guatemala in 2022:

  1. Panama (16.2 tons)
  2. El Salvador (9.0 tons)
  3. Honduras (6.2 tons)
  4. Nicaragua (5.2 tons)
  5. Costa Rica (0.9 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the dried prune market in Guatemala. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

    Country coverage:

    • Guatemala

    Data coverage:

    • Market volume and value
    • Per Capita consumption
    • Forecast of the market dynamics in the medium term
    • Trade (exports and imports) in Guatemala
    • Export and import prices
    • Market trends, drivers and restraints
    • Key market players and their profiles

    Reasons to buy this report:

    • Take advantage of the latest data
    • Find deeper insights into current market developments
    • Discover vital success factors affecting the market

    This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

    In this report, you can find information that helps you to make informed decisions on the following issues:

    1. How to diversify your business and benefit from new market opportunities
    2. How to load your idle production capacity
    3. How to boost your sales on overseas markets
    4. How to increase your profit margins
    5. How to make your supply chain more sustainable
    6. How to reduce your production and supply chain costs
    7. How to outsource production to other countries
    8. How to prepare your business for global expansion

    While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

    1. 1. INTRODUCTION

      Making Data-Driven Decisions to Grow Your Business

      1. REPORT DESCRIPTION
      2. RESEARCH METHODOLOGY AND AI PLATFORM
      3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
      4. GLOSSARY AND SPECIFIC TERMS
    2. 2. EXECUTIVE SUMMARY

      A Quick Overview of Market Performance

      1. KEY FINDINGS
      2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
    3. 3. MARKET OVERVIEW

      Understanding the Current State of The Market and Its Prospects

      1. MARKET SIZE
      2. MARKET STRUCTURE
      3. TRADE BALANCE
      4. PER CAPITA CONSUMPTION
      5. MARKET FORECAST TO 2030
    4. 4. MOST PROMISING PRODUCT

      Finding New Products to Diversify Your Business

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
      2. BEST-SELLING PRODUCTS
      3. MOST CONSUMED PRODUCT
      4. MOST TRADED PRODUCT
      5. MOST PROFITABLE PRODUCT FOR EXPORT
    5. 5. MOST PROMISING SUPPLYING COUNTRIES

      Choosing the Best Countries to Establish Your Sustainable Supply Chain

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
      2. TOP PRODUCING COUNTRIES
      3. TOP EXPORTING COUNTRIES
      4. LOW-COST EXPORTING COUNTRIES
    6. 6. MOST PROMISING OVERSEAS MARKETS

      Choosing the Best Countries to Boost Your Exports

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
      2. TOP CONSUMING MARKETS
      3. UNSATURATED MARKETS
      4. TOP IMPORTING MARKETS
      5. MOST PROFITABLE MARKETS
    7. 7. PRODUCTION

      The Latest Trends and Insights into The Industry

      1. PRODUCTION VOLUME AND VALUE
    8. 8. IMPORTS

      The Largest Import Supplying Countries

      1. IMPORTS FROM 2012–2023
      2. IMPORTS BY COUNTRY
      3. IMPORT PRICES BY COUNTRY
    9. 9. EXPORTS

      The Largest Destinations for Exports

      1. EXPORTS FROM 2012–2023
      2. EXPORTS BY COUNTRY
      3. EXPORT PRICES BY COUNTRY
    10. 10. PROFILES OF MAJOR PRODUCERS

      The Largest Producers on The Market and Their Profiles

      This Chapter is Available Only for the Professional Edition PRO
    11. LIST OF TABLES

      1. Key Findings In 2023
      2. Market Volume, In Physical Terms, 2012–2023
      3. Market Value, 2012–2023
      4. Per Capita Consumption In 2012-2023
      5. Imports, In Physical Terms, By Country, 2012–2023
      6. Imports, In Value Terms, By Country, 2012–2023
      7. Import Prices, By Country Of Origin, 2012–2023
      8. Exports, In Physical Terms, By Country, 2012–2023
      9. Exports, In Value Terms, By Country, 2012–2023
      10. Export Prices, By Country Of Destination, 2012–2023
    12. LIST OF FIGURES

      1. Market Volume, In Physical Terms, 2012–2023
      2. Market Value, 2012–2023
      3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
      4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
      5. Trade Balance, In Physical Terms, 2012-2023
      6. Trade Balance, In Value Terms, 2012-2023
      7. Per Capita Consumption, 2012-2023
      8. Market Volume Forecast to 2030
      9. Market Value Forecast to 2030
      10. Products: Market Size And Growth, By Type
      11. Products: Average Per Capita Consumption, By Type
      12. Products: Exports And Growth, By Type
      13. Products: Export Prices And Growth, By Type
      14. Production Volume And Growth
      15. Exports And Growth
      16. Export Prices And Growth
      17. Market Size And Growth
      18. Per Capita Consumption
      19. Imports And Growth
      20. Import Prices
      21. Production, In Physical Terms, 2012–2023
      22. Production, In Value Terms, 2012–2023
      23. Imports, In Physical Terms, 2012–2023
      24. Imports, In Value Terms, 2012–2023
      25. Imports, In Physical Terms, By Country, 2023
      26. Imports, In Physical Terms, By Country, 2012–2023
      27. Imports, In Value Terms, By Country, 2012–2023
      28. Import Prices, By Country Of Origin, 2012–2023
      29. Exports, In Physical Terms, 2012–2023
      30. Exports, In Value Terms, 2012–2023
      31. Exports, In Physical Terms, By Country, 2023
      32. Exports, In Physical Terms, By Country, 2012–2023
      33. Exports, In Value Terms, By Country, 2012–2023
      34. Export Prices, By Country Of Destination, 2012–2023
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