Price for Buckwheat, Millet and Canary Seed; Other Cereals in Guatemala - 2023
Contents:
- Price for Buckwheat, Millet and Canary Seed; Other Cereals in Guatemala (CIF) - 2022
- Price for Buckwheat, Millet and Canary Seed; Other Cereals in Guatemala (FOB) - 2022
- Imports of Buckwheat, Millet and Canary Seed; Other Cereals in Guatemala
- Exports of Buckwheat, Millet and Canary Seed; Other Cereals in Guatemala
Price for Buckwheat, Millet and Canary Seed; Other Cereals in Guatemala (CIF) - 2022
The average import price for buckwheat, millet and canary seed; other cerealses stood at $951 per ton in 2022, jumping by 17% against the previous year. Overall, import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for buckwheat, millet and canary seed; other cerealses decreased by -21.9% against 2020 indices. The most prominent rate of growth was recorded in 2017 an increase of 82% against the previous year. The import price peaked at $1,218 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.
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 Peru ($2,926 per ton), while the price for Ukraine ($443 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Buckwheat, Millet and Canary Seed; Other Cereals in Guatemala (FOB) - 2022
The average export price for buckwheat, millet and canary seed; other cerealses stood at $1,494 per ton in 2022, dropping by -34% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the average export price increased by 58%. The export price peaked at $2,264 per ton in 2021, and then shrank remarkably in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($3,254 per ton), while the average price for exports to Nicaragua ($257 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 Nicaragua (-0.4%), while the prices for the other major destinations experienced a decline.
Imports of Buckwheat, Millet and Canary Seed; Other Cereals in Guatemala
For the fourth year in a row, Guatemala recorded growth in purchases abroad of buckwheat, millet and canary seed; other cerealses, which increased by 30% to 2.6K tons in 2022. Overall, imports continue to indicate a significant expansion. The growth pace was the most rapid in 2021 with an increase of 83%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, imports of buckwheat, millet and canary seed; other cerealses skyrocketed to $2.5M in 2022. In general, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Buckwheat, Millet and Canary Seed; Other Cereals in Guatemala (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Canada | 558 | 690 | 833 | 1,392 | 35.6% |
United States | 463 | 496 | 342 | 501 | 2.7% |
Peru | 48.6 | 47.1 | 139 | 187 | 56.7% |
Argentina | N/A | N/A | N/A | 175 | 0% |
Ukraine | N/A | 22.3 | 195 | 117 | 129.1% |
China | N/A | N/A | N/A | 59.6 | 0% |
Others | 9.1 | 77.1 | 118 | 50.9 | 77.5% |
Total | 1,078 | 1,332 | 1,628 | 2,482 | 32.0% |
Top Suppliers of Buckwheat, Millet and Canary Seed; Other Cereals to Guatemala in 2022:
- Canada (1379.7 tons)
- United States (649.5 tons)
- Ukraine (265.0 tons)
- Argentina (188.9 tons)
- Peru (63.8 tons)
- China (50.0 tons)
Exports of Buckwheat, Millet and Canary Seed; Other Cereals in Guatemala
Exports of buckwheat, millet and canary seed; other cerealses from Guatemala skyrocketed to 68 tons in 2022, jumping by 127% on 2021. Overall, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of buckwheat, millet and canary seed; other cerealses soared to $101K in 2022. In general, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Buckwheat, Millet and Canary Seed; Other Cereals in Guatemala (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Panama | 17.7 | 31.5 | 40.3 | 53.7 | 44.8% |
Honduras | 10.1 | 4.4 | 9.0 | 23.0 | 31.6% |
United States | 11.2 | 13.5 | 14.8 | 15.9 | 12.4% |
Nicaragua | 3.7 | 3.2 | 3.4 | 8.8 | 33.5% |
Others | N/A | N/A | 0.3 | N/A | 0% |
Total | 42.8 | 52.6 | 67.8 | 101 | 33.1% |
Top Export Markets for Buckwheat, Millet and Canary Seed; Other Cereals from Guatemala in 2022:
- Nicaragua (34.2 tons)
- Panama (18.2 tons)
- Honduras (10.5 tons)
- United States (4.9 tons)
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