Price for Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Guatemala - 2023
Contents:
- Price for Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Guatemala (FOB) - 2023
- Price for Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Guatemala (CIF) - 2022
- Exports of Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Guatemala
- Imports of Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Guatemala
Price for Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Guatemala (FOB) - 2023
The average export price for fresh or chilled lettuce, other than cabbage lettuce stood at $608 per ton in October 2023, with an increase of 6.9% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +1.2%. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 29% month-to-month. The export price peaked at $712 per ton in May 2023; however, from June 2023 to October 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In October 2023, the country with the highest price was Nicaragua ($1,547 per ton), while the average price for exports to El Salvador ($510 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 Nicaragua (+2.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Guatemala (CIF) - 2022
In 2022, the average import price for fresh or chilled lettuce, other than cabbage lettuce amounted to $5,202 per ton, almost unchanged from the previous year. Overall, the import price posted a resilient expansion. The most prominent rate of growth was recorded in 2016 a decrease of -10.8%. The import price peaked in 2022 and is expected to retain growth in years to come.
As there is only one major supplying country, the average price level is determined by prices for Honduras.
From 2013 to 2022, the rate of growth in terms of prices for Honduras amounted to +65.0% per year.
Exports of Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Guatemala
In 2022, approx. 3.5K tons of fresh or chilled lettuce, other than cabbage lettuce were exported from Guatemala; rising by 51% against 2021 figures. Over the period under review, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +19.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +70.0% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of fresh or chilled lettuce, other than cabbage lettuce skyrocketed to $1.8M in 2022. In general, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +22.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +84.2% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Honduras | 119 | 247 | 435 | 858 | 93.2% |
| El Salvador | 618 | 595 | 765 | 808 | 9.3% |
| Nicaragua | 252 | 322 | 214 | 174 | -11.6% |
| Others | 10.0 | 22.0 | 0.5 | N/A | -77.6% |
| Total | 999 | 1,186 | 1,414 | 1,840 | 22.6% |
Top Export Markets for Fresh or Chilled Lettuce, Other than Cabbage Lettuce from Guatemala in 2022:
- Honduras (1.8K tons)
- El Salvador (1.6K tons)
- Nicaragua (0.1K tons)
Imports of Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Guatemala
In 2022, the amount of fresh or chilled lettuce, other than cabbage lettuce imported into Guatemala amounted to 7.6 tons, therefore, remained relatively stable against 2021 figures. In general, imports showed a significant increase. The smallest decline of 99.9% was in 2021. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of fresh or chilled lettuce, other than cabbage lettuce amounted to $39K in 2022. Overall, imports showed significant growth. The smallest decline of 99.9% was in 2021. Imports peaked in 2022 and are likely to continue growth in the immediate term.
| Import of Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Honduras | 0.4 | N/A | 39.5 | 893.7% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 0.4 | N/A | 39.5 | 893.7% | |
Top Suppliers of Fresh or Chilled Lettuce, Other than Cabbage Lettuce to Guatemala in 2022:
- Honduras (7.6 tons)
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