Price for Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Guatemala - 2023
Contents:
- Price for Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Guatemala (CIF) - 2022
- Price for Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Guatemala (FOB) - 2022
- Imports of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Guatemala
- Exports of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Guatemala
Price for Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Guatemala (CIF) - 2022
The average import price for fresh or chilled bone-in cuts (excluding carcasses and half-carcasses) of bovine meat stood at $12,041 per ton in 2022, increasing by 34% against the previous year. Overall, the import price recorded a resilient increase. The pace of growth was the most pronounced in 2021 when the average import price increased by 70%. Over the period under review, average import prices attained the maximum in 2022 and is likely to see steady growth in the near future.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($13,323 per ton), while the price for Nicaragua amounted to $2,634 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+2.3%), while the prices for the other major suppliers experienced a decline.
Price for Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Guatemala (FOB) - 2022
The average export price for fresh or chilled bone-in cuts (excluding carcasses and half-carcasses) of bovine meat stood at $2,472 per ton in 2022, standing approx. at the previous year. Overall, the export price continues to indicate a prominent expansion. The pace of growth was the most pronounced in 2014 when the average export price decreased by -29.5% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see gradual growth in the near future.
As there is only one major export destination, the average price level is determined by prices for El Salvador.
From 2013 to 2022, the rate of growth in terms of prices for El Salvador amounted to +6.4% per year.
Imports of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Guatemala
In 2022, the amount of fresh or chilled bone-in cuts (excluding carcasses and half-carcasses) of bovine meat imported into Guatemala surged to 60 tons, rising by 131% compared with 2021 figures. In general, imports, however, recorded a perceptible downturn.
In value terms, imports of fresh or chilled bone-in cuts (excluding carcasses and half-carcasses) of bovine meat surged to $718K in 2022. Overall, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Guatemala (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 175 | 43.9 | 204 | 699 | 58.7% |
Nicaragua | 140 | 28.4 | 28.5 | 18.8 | -48.8% |
Others | 3.6 | 13.9 | N/A | N/A | 286.1% |
Total | 319 | 86.2 | 232 | 718 | 31.1% |
Top Suppliers of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat to Guatemala in 2022:
- United States (52.5 tons)
- Nicaragua (7.2 tons)
Exports of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Guatemala
In 2022, approx. 7.5 tons of fresh or chilled bone-in cuts (excluding carcasses and half-carcasses) of bovine meat were exported from Guatemala; which is down by -50% against the previous year. Over the period under review, exports recorded a dramatic downturn.
In value terms, exports of fresh or chilled bone-in cuts (excluding carcasses and half-carcasses) of bovine meat shrank rapidly to $18K in 2022. In general, exports recorded a dramatic downturn.
Export of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Guatemala (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
El Salvador | 36.9 | 18.4 | -50.1% | ||
Others | N/A | N/A | 0% | ||
Total | 36.9 | 18.4 | -50.1% |
Top Export Markets for Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat from Guatemala in 2022:
- El Salvador (7.5 tons)
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