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Guatemala - Tuna (Prepared Or Preserved) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPreserved Tuna Price in Guatemala - 2023
Contents:
- Preserved Tuna Price in Guatemala (FOB) - 2022
- Preserved Tuna Price in Guatemala (CIF) - 2022
- Preserved Tuna Exports in Guatemala
- Preserved Tuna Imports in Guatemala
Preserved Tuna Price in Guatemala (FOB) - 2022
The average preserved tuna export price stood at $5,539 per ton in 2022, with an increase of 3.5% against the previous year. Over the period under review, the export price, however, saw a mild decline. The export price peaked at $6,467 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($6,066 per ton), while the average price for exports to Ecuador ($1,065 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+34.8%), while the prices for the other major destinations experienced a decline.
Preserved Tuna Price in Guatemala (CIF) - 2022
In 2022, the average preserved tuna import price amounted to $4,490 per ton, picking up by 17% against the previous year. Over the period under review, the import price recorded a mild expansion. The most prominent rate of growth was recorded in 2018 an increase of 18%. As a result, import price reached the peak level of $4,530 per ton; afterwards, it flattened through to 2022.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($6,381 per ton), while the price for Costa Rica ($3,661 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+2.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Preserved Tuna Exports in Guatemala
In 2022, approx. 10K tons of tuna (prepared or preserved) were exported from Guatemala; picking up by 27% compared with the year before. In general, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +16.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +56.9% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, preserved tuna exports soared to $58M in 2022. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +18.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +64.5% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Preserved Tuna in Guatemala (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 35.1 | 40.1 | 43.8 | 56.0 | 16.8% |
Ecuador | N/A | N/A | N/A | 1.0 | 0% |
Mexico | N/A | N/A | 0.1 | 0.7 | 600.0% |
Others | N/A | N/A | N/A | 0.1 | 0% |
Total | 35.1 | 40.2 | 44.0 | 57.8 | 18.1% |
Top Export Markets for Preserved Tuna from Guatemala in 2022:
- Spain (9.2K tons)
- Ecuador (0.9K tons)
- Mexico (0.2K tons)
Preserved Tuna Imports in Guatemala
For the fourth year in a row, Guatemala recorded growth in supplies from abroad of tuna (prepared or preserved), which increased by 30% to 2.8K tons in 2022. Overall, imports enjoyed significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 183%. Imports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, preserved tuna imports surged to $13M in 2022. Over the period under review, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 216% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.
Import of Preserved Tuna in Guatemala (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Costa Rica | N/A | 0.4 | 3.7 | 4.4 | 231.7% |
Spain | 0.1 | N/A | 0.1 | 4.1 | 244.8% |
El Salvador | 0.1 | 0.1 | 2.2 | 2.7 | 200.0% |
Thailand | 1.2 | 2.0 | 2.2 | 1.3 | 2.7% |
United States | 0.2 | 0.2 | 0.1 | N/A | -29.3% |
Others | 0.1 | N/A | N/A | N/A | 0% |
Total | 1.7 | 2.6 | 8.3 | 12.6 | 95.0% |
Top Suppliers of Preserved Tuna to Guatemala in 2022:
- Costa Rica (1211.4 tons)
- Spain (638.6 tons)
- El Salvador (624.1 tons)
- Thailand (325.8 tons)
- United States (7.5 tons)
This report provides an in-depth analysis of the preserved tuna 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:
- Prodcom 10202540 - Prepared or preserved tuna, skipjack and Atlantic bonito, w hole or in pieces (excluding minced products and prepared meals and dishes)
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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