Price for Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Guatemala - 2023

Contents:

  1. Price for Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Guatemala (FOB) - 2022
  2. Price for Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Guatemala (CIF) - 2022
  3. Exports of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Guatemala
  4. Imports of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Guatemala

Price for Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Guatemala (FOB) - 2022

In 2022, the average export price for leguminous vegetables; shelled or unshelled, fresh or chilleds amounted to $2,434 per ton, surging by 6.6% against the previous year. Over the period under review, export price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for leguminous vegetables; shelled or unshelled, fresh or chilleds increased by +67.6% against 2012 indices. The growth pace was the most rapid in 2017 when the average export price increased by 21% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see gradual growth in the near future.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($2,997 per ton), while the average price for exports to El Salvador ($376 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to El Salvador (+7.0%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Guatemala (CIF) - 2022

In 2022, the average import price for leguminous vegetables; shelled or unshelled, fresh or chilleds amounted to $8,453 per ton, growing by 299% against the previous year. In general, the import price continues to indicate a buoyant increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($25,971 per ton), while the price for the United States ($2,222 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+50.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Guatemala

After three years of growth, overseas shipments of leguminous vegetables; shelled or unshelled, fresh or chilleds decreased by -14.1% to 68K tons in 2022. Overall, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 10% against the previous year. As a result, the exports reached the peak of 79K tons, and then dropped in the following year.

In value terms, exports of leguminous vegetables; shelled or unshelled, fresh or chilleds shrank to $166M in 2022. The total export value increased at an average annual rate of +5.4% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 15% against the previous year. As a result, the exports reached the peak of $181M, and then contracted in the following year.

Export of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Guatemala (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States10412214214411.5%
United Kingdom21.317.815.67.1-30.7%
Netherlands12.610.69.65.0-26.5%
Mexico0.12.36.03.7233.2%
El Salvador1.31.61.71.42.5%
Others2.93.76.85.019.9%
Total1421581811665.3%

Top Export Markets for Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled from Guatemala in 2022:

  1. United States (56.8K tons)
  2. El Salvador (3.6K tons)
  3. United Kingdom (2.5K tons)
  4. Netherlands (1.7K tons)
  5. Mexico (1.2K tons)

Imports of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Guatemala

In 2022, imports of leguminous vegetables; shelled or unshelled, fresh or chilleds into Guatemala soared to 46 tons, growing by 92% compared with 2021. Overall, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 126%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in the near future.

In value terms, imports of leguminous vegetables; shelled or unshelled, fresh or chilleds soared to $388K in 2022. In general, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
HondurasN/A0.1N/A90.42906.7%
JapanN/AN/AN/A85.30%
United States12.651.750.546.354.3%
NetherlandsN/AN/AN/A28.60%
MexicoN/AN/AN/A25.60%
ChinaN/AN/AN/A21.60%
South KoreaN/AN/AN/A16.00%
United Kingdom83.166.1N/A7.5-55.1%
Costa Rica13.9N/AN/AN/A0%
OthersN/AN/AN/A66.20%
Total11011850.538852.2%

Top Suppliers of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled to Guatemala in 2022:

  1. United States (20.9 tons)
  2. Honduras (7.8 tons)
  3. China (5.1 tons)
  4. Japan (3.6 tons)
  5. Mexico (2.8 tons)
  6. Netherlands (2.1 tons)
  7. South Korea (0.9 tons)
  8. United Kingdom (0.2 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Leguminous vegetables; shelled or unshelled, fresh or chilled - Guatemala