Price for Cereal Flours; Other than of Wheat or Meslin in Guatemala - 2023
Contents:
- Price for Cereal Flours; Other than of Wheat or Meslin in Guatemala (CIF) - 2023
- Price for Cereal Flours; Other than of Wheat or Meslin in Guatemala (FOB) - 2023
- Imports of Cereal Flours; Other than of Wheat or Meslin in Guatemala
- Exports of Cereal Flours; Other than of Wheat or Meslin in Guatemala
Price for Cereal Flours; Other than of Wheat or Meslin in Guatemala (CIF) - 2023
The average import price for cereal flours; other than of wheat or meslin stood at $861 per ton in October 2023, which is down by -10.4% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +1.1%. The most prominent rate of growth was recorded in September 2023 when the average import price increased by 15% m-o-m. As a result, import price attained the peak level of $961 per ton, and then shrank in the following month.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Honduras ($1,103 per ton), while the price for Costa Rica ($594 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Honduras (+8.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cereal Flours; Other than of Wheat or Meslin in Guatemala (FOB) - 2023
In October 2023, the average export price for cereal flours; other than of wheat or meslin amounted to $1,583 per ton, surging by 15% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.7%. The most prominent rate of growth was recorded in July 2023 when the average export price increased by 28% against the previous month. As a result, the export price reached the peak level of $1,725 per ton. From August 2023 to October 2023, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($3,226 per ton), while the average price for exports to Belize ($945 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to El Salvador (+4.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cereal Flours; Other than of Wheat or Meslin in Guatemala
In 2022, approx. 23K tons of cereal flours; other than of wheat or meslin were imported into Guatemala; with an increase of 27% on the previous year's figure. Overall, imports continue to indicate resilient growth. The most prominent rate of growth was recorded in 2020 when imports increased by 112%. As a result, imports reached the peak of 30K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of cereal flours; other than of wheat or meslin surged to $17M in 2022. In general, imports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 104% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the near future.
| Import of Cereal Flours; Other than of Wheat or Meslin in Guatemala (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| El Salvador | 5.5 | 10.0 | 8.3 | 13.7 | 35.6% |
| United States | 2.0 | 1.3 | 1.3 | 1.7 | -5.3% |
| Mexico | 0.4 | 0.7 | 0.8 | 1.4 | 51.8% |
| Honduras | 0.1 | 1.9 | 0.1 | 0.1 | 0.0% |
| Costa Rica | N/A | 2.5 | 0.2 | N/A | -92.0% |
| Others | 0.1 | 0.1 | N/A | N/A | 0.0% |
| Total | 8.0 | 16.4 | 10.6 | 16.9 | 28.3% |
Top Suppliers of Cereal Flours; Other than of Wheat or Meslin to Guatemala in 2022:
- El Salvador (19.8K tons)
- Mexico (1.9K tons)
- United States (0.9K tons)
- Honduras (0.1K tons)
Exports of Cereal Flours; Other than of Wheat or Meslin in Guatemala
In 2022, exports of cereal flours; other than of wheat or meslin from Guatemala soared to 8.2K tons, rising by 64% compared with 2021. Overall, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of cereal flours; other than of wheat or meslin skyrocketed to $8.3M in 2022. In general, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Cereal Flours; Other than of Wheat or Meslin in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| El Salvador | 1,653 | 2,089 | 1,765 | 4,579 | 40.4% |
| Honduras | 376 | 353 | 1,938 | 1,825 | 69.3% |
| United States | 690 | 738 | 503 | 695 | 0.2% |
| Costa Rica | 126 | 0.5 | 57.4 | 391 | 45.9% |
| Nicaragua | 283 | 169 | 170 | 352 | 7.5% |
| Belize | 663 | 742 | 162 | 227 | -30.0% |
| Others | 64.6 | 70.4 | 209 | 232 | 53.1% |
| Total | 3,855 | 4,161 | 4,804 | 8,301 | 29.1% |
Top Export Markets for Cereal Flours; Other than of Wheat or Meslin from Guatemala in 2022:
- El Salvador (4.9K tons)
- Honduras (2.3K tons)
- Costa Rica (0.2K tons)
- United States (0.2K tons)
- Belize (0.2K tons)
- Nicaragua (0.2K tons)
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This report provides an in-depth analysis of the cereal flour market in Guatemala.
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This report provides an in-depth analysis of the non-wheat flour market in Guatemala.
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Explore the top import markets for cereal flour in 2023, including key statistics and market insights. Learn about the leading countries driving demand for cereal flour products.
108
Explore the top import markets for cereal flour in 2023, including key statistics and market insights. Learn about the leading countries driving demand for cereal flour products.
