Price for Cattle; Live, Other than Pure-Bred Breeding Animals in Guatemala - 2023

Contents:

  1. Price for Cattle; Live, Other than Pure-Bred Breeding Animals in Guatemala (FOB) - 2022
  2. Price for Cattle; Live, Other than Pure-Bred Breeding Animals in Guatemala (CIF) - 2022
  3. Exports of Cattle; Live, Other than Pure-Bred Breeding Animals in Guatemala
  4. Imports of Cattle; Live, Other than Pure-Bred Breeding Animals in Guatemala

Price for Cattle; Live, Other than Pure-Bred Breeding Animals in Guatemala (FOB) - 2022

In 2022, the average export price for cattle; live, other than pure-bred breeding animalses amounted to $961 per unit, surging by 1.9% against the previous year. Over the period under review, the export price, however, saw a mild decline. The most prominent rate of growth was recorded in 2021 when the average export price increased by 7.2% against the previous year. The export price peaked at $1,071 per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Mexico.

From 2014 to 2022, the rate of growth in terms of prices for Mexico amounted to +4.5% per year.

Price for Cattle; Live, Other than Pure-Bred Breeding Animals in Guatemala (CIF) - 2022

The average import price for cattle; live, other than pure-bred breeding animalses stood at $957 per unit in 2022, increasing by 2.3% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 73% against the previous year. Over the period under review, average import prices hit record highs at $1,138 per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Nicaragua.

From 2012 to 2022, the rate of growth in terms of prices for Mexico amounted to +13.7% per year.

Exports of Cattle; Live, Other than Pure-Bred Breeding Animals in Guatemala

In 2022, shipments abroad of cattle; live, other than pure-bred breeding animalses decreased by -4.4% to 3.8K units for the first time since 2019, thus ending a two-year rising trend. In general, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 723% against the previous year. As a result, the exports attained the peak of 3.9K units, and then reduced modestly in the following year.

In value terms, exports of cattle; live, other than pure-bred breeding animalses fell to $3.6M in 2022. Over the period under review, exports, however, showed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 782%. As a result, the exports reached the peak of $3.7M, and then fell in the following year.

Export of Cattle; Live, Other than Pure-Bred Breeding Animals in Guatemala (Million USD)
COUNTRY202020212022CAGR,
2020-2022
Mexico0.43.73.6200.0%
OthersN/AN/AN/A0%
Total0.43.73.6200.0%

Top Export Markets for Cattle; Live, Other than Pure-Bred Breeding Animals from Guatemala in 2022:

  1. Mexico (3.8K units)

Imports of Cattle; Live, Other than Pure-Bred Breeding Animals in Guatemala

In 2022, the amount of cattle; live, other than pure-bred breeding animalses imported into Guatemala rose significantly to 217 units, increasing by 9.6% against the previous year's figure. In general, imports showed a significant increase. The growth pace was the most rapid in 2021 with an increase of 2,100%. Imports peaked in 2022 and are likely to continue growth in the near future.

In value terms, imports of cattle; live, other than pure-bred breeding animalses rose significantly to $208K in 2022. Over the period under review, imports posted a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 2,935%. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Cattle; Live, Other than Pure-Bred Breeding Animals in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Nicaragua15.54.6104208137.6%
United States0.30.212.1N/A535.1%
Costa Rica0.50.16.9N/A271.5%
Mexico2.91.362.5N/A364.2%
OthersN/AN/AN/AN/A0%
Total19.36.1185208120.9%

Top Suppliers of Cattle; Live, Other than Pure-Bred Breeding Animals to Guatemala in 2022:

  1. Nicaragua (217.0 units)

Source: IndexBox Market Intelligence Platform

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