Live Fish Price in Guatemala - 2023
Contents:
- Live Fish Price in Guatemala (CIF) - 2022
- Live Fish Price in Guatemala (FOB) - 2022
- Live Fish Imports in Guatemala
- Live Fish Exports in Guatemala
Live Fish Price in Guatemala (CIF) - 2022
In 2022, the average live fish import price amounted to $5,219 per ton, waning by -69.3% against the previous year. Overall, the import price faced a deep reduction. The pace of growth appeared the most rapid in 2018 an increase of 44%. As a result, import price attained the peak level of $40,470 per ton. From 2019 to 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($21,361 per ton), while the price for Norway ($4,378 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+3.9%).
Live Fish Price in Guatemala (FOB) - 2022
In 2022, the average live fish export price amounted to $1,029 per ton, rising by 190% against the previous year. In general, the export price, however, continues to indicate a abrupt decline. The export price peaked at $9,249 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -6.2% per year.
Live Fish Imports in Guatemala
In 2022, the amount of live fish imported into Guatemala surged to 139 tons, jumping by 1,133% compared with 2021. In general, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, live fish imports soared to $728K in 2022. Over the period under review, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Live Fish in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | N/A | N/A | N/A | 571 | 0% |
| United States | 218 | 81.8 | 137 | 114 | -19.4% |
| Colombia | 6.7 | 34.7 | 49.2 | 39.7 | 81.0% |
| Others | 6.4 | 6.3 | 6.3 | 2.3 | -28.9% |
| Total | 231 | 123 | 192 | 728 | 46.6% |
Top Suppliers of Live Fish to Guatemala in 2022:
- Norway (130.5 tons)
- United States (5.4 tons)
- Colombia (3.6 tons)
Live Fish Exports in Guatemala
In 2022, after three years of growth, there was significant decline in shipments abroad of live fish, when their volume decreased by -36% to 29 tons. Overall, exports, however, saw a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 860% against the previous year. As a result, the exports reached the peak of 45 tons, and then fell notably in the following year.
In value terms, live fish exports skyrocketed to $30K in 2022. Over the period under review, exports, however, saw significant growth. The pace of growth was the most pronounced in 2020 with an increase of 466% against the previous year. As a result, the exports attained the peak of $44K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Live Fish in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 7.7 | 5.1 | 4.7 | 29.9 | 57.2% |
| Costa Rica | N/A | 17.9 | N/A | N/A | 0% |
| Honduras | N/A | 20.7 | 11.4 | N/A | -44.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 7.7 | 43.6 | 16.1 | 29.9 | 57.2% |
Top Export Markets for Live Fish from Guatemala in 2022:
- United States (29.0 tons)
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