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

Contents:

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

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

The average import price for cattle; live, pure-bred breeding animalses stood at $1,741 per unit in 2022, falling by -3.3% against the previous year. In general, the import price saw a pronounced slump. The growth pace was the most rapid in 2014 when the average import price increased by 8.5%. As a result, import price reached the peak level of $2,340 per unit. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($1,744 per unit), while the price for Mexico totaled $1,713 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nicaragua (+10.1%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for cattle; live, pure-bred breeding animalses amounted to $1,941 per unit, dropping by -6.3% against the previous year. Over the period under review, the export price recorded a slight descent. The most prominent rate of growth was recorded in 2019 when the average export price increased by 55% against the previous year. The export price peaked at $2,219 per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Honduras amounted to +10.1% per year.

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

In 2022, after three years of growth, there was significant decline in purchases abroad of cattle; live, pure-bred breeding animalses, when their volume decreased by -7.1% to 92 units. In general, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 220% against the previous year. Imports peaked at 99 units in 2021, and then contracted in the following year.

In value terms, cattle; live, pure-bred breeding animals imports fell to $160K in 2022. Overall, imports, however, posted a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 237% against the previous year. Imports peaked at $178K in 2021, and then shrank in the following year.

Import of Cattle; Live, Pure-Bred Breeding Animals in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States8.623.632.6141154.0%
Mexico18.067.881.318.81.5%
Nicaragua5.019.822.4N/A111.7%
Costa Rica4.15.412.9N/A77.4%
Panama6.525.729.0N/A111.2%
OthersN/AN/AN/AN/A0%
Total42.214217816055.9%

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

  1. United States (81.0 units)
  2. Mexico (11.0 units)

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

In 2022, the amount of cattle; live, pure-bred breeding animalses exported from Guatemala expanded sharply to 20 units, growing by 11% compared with 2021 figures. In general, exports posted a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 1,050%. As a result, the exports attained the peak of 23 units. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, cattle; live, pure-bred breeding animals exports amounted to $39K in 2022. Overall, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 1,199% against the previous year. As a result, the exports attained the peak of $40K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Cattle; Live, Pure-Bred Breeding Animals in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
El Salvador0.4N/A2.438.8359.5%
Panama2.7N/AN/AN/A0%
MexicoN/A40.3N/AN/A0%
HondurasN/AN/A34.9N/A0%
OthersN/AN/AN/AN/A0%
Total3.140.337.338.8132.2%

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

  1. El Salvador (20.0 units)

Source: IndexBox Market Intelligence Platform

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