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

Contents:

1. Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Guatemala (CIF) - 2023
2. Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Guatemala (FOB) - 2022
3. Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Guatemala
4. Exports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Guatemala

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

The average import price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses stood at $756 per ton in December 2023, remaining relatively unchanged against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in March 2023 an increase of 17% month-to-month. Over the period under review, average import prices hit record highs at $788 per ton in April 2023; however, from May 2023 to December 2023, import prices stood at a somewhat lower figure.

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

From December 2022 to December 2023, the rate of growth in terms of prices for Chile amounted to +0.6% per month.

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

The average export price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses stood at $1,133 per ton in 2022, with a decrease of -39% against the previous year. In general, the export price saw a noticeable reduction. The most prominent rate of growth was recorded in 2019 an increase of 14%. Over the period under review, the average export prices reached the peak figure at $1,857 per ton in 2021, and then declined notably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was El Salvador ($2,761 per ton), while the average price for exports to Nicaragua totaled $1,055 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nicaragua (+12.2%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, imports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses into Guatemala was estimated at 21K tons, increasing by 4.4% against 2021 figures. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +17.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -9.0% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 78%. As a result, imports reached the peak of 23K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses rose markedly to $16M in 2022. Overall, imports saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 104% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

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

1. Chile (19.6K tons)
2. Canada (1.5K tons)

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

In 2022, exports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses from Guatemala soared to 273 tons, jumping by 1,066% on the previous year. In general, exports enjoyed a significant expansion. As a result, the exports attained 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 oatses soared to $309K in 2022. Over the period under review, exports recorded 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 Oats from Guatemala in 2022:

1. Nicaragua (260.3 tons)
2. El Salvador (12.6 tons)

Source: IndexBox Market Intelligence Platform