Onion Price in Guatemala - 2024
Contents:
- Onion Price in Guatemala (FOB) - 2024
- Onion Price in Guatemala (CIF) - 2022
- Onion Exports in Guatemala
- Onion Imports in Guatemala
Onion Price in Guatemala (FOB) - 2024
The average onion export price stood at $219 per ton in March 2024, shrinking by -4.8% against the previous month. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2023 an increase of 154% m-o-m. As a result, the export price reached the peak level of $366 per ton. From September 2023 to March 2024, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Nicaragua ($1,760 per ton), while the average price for exports to El Salvador totaled $192 per ton.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was recorded for supplies to Honduras (+21.3%), while the prices for the other major destinations experienced more modest paces of growth.
Onion Price in Guatemala (CIF) - 2022
In 2022, the average onion import price amounted to $385 per ton, approximately reflecting the previous year. Overall, the import price, however, continues to indicate strong growth. The growth pace was the most rapid in 2017 an increase of 178% against the previous year. Over the period under review, average import prices hit record highs at $447 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($1,222 per ton), while the price for Honduras ($137 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+12.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Onion Exports in Guatemala
In 2022, overseas shipments of onions (dry) decreased by -13.1% to 26K tons, falling for the second year in a row after two years of growth. Overall, exports recorded a abrupt decrease. The pace of growth was the most pronounced in 2020 when exports increased by 1.9%. As a result, the exports attained the peak of 33K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, onion exports fell slightly to $5.8M in 2022. In general, exports recorded a pronounced setback. The pace of growth appeared the most rapid in 2020 when exports increased by 0.5% against the previous year. As a result, the exports reached the peak of $6.6M. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Onion in Guatemala (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| El Salvador | 4.5 | 4.6 | 4.4 | 3.7 | -6.3% |
| Honduras | 1.7 | 1.5 | 1.3 | 1.5 | -4.1% |
| Nicaragua | 0.2 | 0.5 | 0.4 | 0.4 | 26.0% |
| Others | 0.1 | N/A | N/A | 0.1 | 0.0% |
| Total | 6.5 | 6.6 | 6.1 | 5.8 | -3.7% |
Top Export Markets for Onion from Guatemala in 2022:
- El Salvador (19.6K tons)
- Nicaragua (3.7K tons)
- Honduras (2.2K tons)
Onion Imports in Guatemala
In 2022, after three years of growth, there was significant decline in purchases abroad of onions (dry), when their volume decreased by -23.5% to 8.8K tons. Over the period under review, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 139% against the previous year.
In value terms, onion imports fell significantly to $3.4M in 2022. Overall, imports, however, saw significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 121%.
| Import of Onion in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 137 | 935 | 1,346 | 1,940 | 141.9% |
| Mexico | 310 | 1,406 | 2,488 | 1,009 | 48.2% |
| United States | 324 | 405 | 374 | 267 | -6.2% |
| Nicaragua | 363 | 23.7 | N/A | 133 | -28.4% |
| Honduras | N/A | N/A | N/A | 35.0 | 0% |
| Belgium | 428 | 880 | 247 | N/A | -24.0% |
| Others | 104 | 26.4 | N/A | 16.1 | -46.3% |
| Total | 1,666 | 3,676 | 4,455 | 3,400 | 26.8% |
Top Suppliers of Onion to Guatemala in 2022:
- Netherlands (4.8K tons)
- Mexico (2.9K tons)
- Nicaragua (0.7K tons)
- Honduras (0.3K tons)
- United States (0.2K tons)
646
This report provides an in-depth analysis of the onion and shallot market in Guatemala.
547
This report provides an in-depth analysis of the garlic market in Guatemala.
116
This report provides an in-depth analysis of the leek market in Guatemala.
3079
This report provides an in-depth analysis of the global onion and shallot market.
15564
This report provides an in-depth analysis of the global garlic market.
2196
This report provides an in-depth analysis of the global leek market.
646
This report provides an in-depth analysis of the onion and shallot market in Guatemala.
547
This report provides an in-depth analysis of the garlic market in Guatemala.
116
This report provides an in-depth analysis of the leek market in Guatemala.
3079
This report provides an in-depth analysis of the global onion and shallot market.
102
Discover the projected growth of the global onion and shallot market, with an expected increase in market volume to 136M tons and value to $77B by the end of 2030.
4627
Global dry onion consumption amounted to X thousand tons in 2015, moving up by +X% against the previous year level.
2343
In 2015, the countries with the highest levels of dry onion production were China (X thousand tons), India (X thousand tons), the United States (X thousand tons), together accounting for X% of total output.
2254
Global dry onion consumption stood at X tons in 2016, undergoing a measured upward trend with an annual average growth rate of +X% from 2007 to 2016.
1919
With a surge of exports in 2014, India seized control of the dry onion market. India exported X thousand tons of dry onion last year totaling X million USD, X% over the previous year. Its primary trading partner was Germany, where it supplied X.
349
Explore the top import markets for garlic in the world and the countries with the highest import values for this aromatic ingredient. Learn about the demand, trends, and key statistics.
1179
Global garlic imports rose by 13% to 2.5M tons in 2020, boosted by the increased popularity of home cooking and a widespread reputation that the product helps to strengthen immunity. Indonesia remains the largest global importer, followed by Vietnam and Malaysia. China dominates global garlic exports, supplying 89% of the total volume. Chinese manufacturers managed to ramp up exports which led to a drop in prices.
2236
The global garlic consumption stood at $X in 2016, which was +X% more than the year before. This figure reflects total revenue of producers and importers (excluding logistics costs, retail marketing costs, and retailers’ margins, which will be incl
45730
Global garlic consumption amounted to X thousand tons in 2015, increasing by +X% against the previous year level.
3191
Global garlic exports amounted to X thousand tons in 2015, rising by +X% against the previous year level.
