Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Guatemala - 2023

Contents:

1. Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Guatemala (CIF) - 2022
2. Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Guatemala (FOB) - 2022
3. Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Guatemala
4. Exports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Guatemala

Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Guatemala (CIF) - 2022

In 2022, the average import price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) amounted to $20 per ton, which is down by -89.9% against the previous year. Over the period under review, the import price recorded a precipitous descent. The pace of growth appeared the most rapid in 2021 an increase of 50%. Over the period under review, average import prices hit record highs at $564 per ton in 2012; however, from 2013 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 Honduras.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -4.4% per year.

Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Guatemala (FOB) - 2022

In 2022, the average export price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) amounted to $359 per ton, declining by -41.5% against the previous year. Over the period under review, the export price saw a deep downturn. The pace of growth was the most pronounced in 2015 when the average export price increased by 52%. As a result, the export price attained the peak level of $2,122 per ton. From 2016 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was El Salvador ($574 per ton), while the average price for exports to Honduras amounted to $313 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+26.8%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Guatemala

In 2022, the amount of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) imported into Guatemala skyrocketed to 21K tons, increasing by 763% against 2021. Overall, imports saw a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 19,970% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, imports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) contracted to $419K in 2022. Over the period under review, imports showed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 16,124% against the previous year.

Top Suppliers of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) to Guatemala in 2022:

1. Honduras (20.6K tons)

Exports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Guatemala

In 2022, approx. 280 tons of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) were exported from Guatemala; increasing by 706% compared with the year before. Overall, exports posted 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 grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) skyrocketed to $100K in 2022. In general, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) from Guatemala in 2022:

1. Honduras (231.1 tons)
2. El Salvador (49.0 tons)

Source: IndexBox Market Intelligence Platform