Price for Nuts, Edible; Almonds, Fresh or Dried, Shelled in Guatemala - 2024

Contents:

  1. Price for Nuts, Edible; Almonds, Fresh or Dried, Shelled in Guatemala (CIF) - 2024
  2. Price for Nuts, Edible; Almonds, Fresh or Dried, Shelled in Guatemala (FOB) - 2022
  3. Imports of Nuts, Edible; Almonds, Fresh or Dried, Shelled in Guatemala
  4. Exports of Nuts, Edible; Almonds, Fresh or Dried, Shelled in Guatemala

Price for Nuts, Edible; Almonds, Fresh or Dried, Shelled in Guatemala (CIF) - 2024

The average import price for nuts, edible; almonds, fresh or dried, shelleds stood at $6,748 per ton in June 2023, waning by -2.4% against the previous month. In general, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in March 2023 when the average import price increased by 7.9% month-to-month. As a result, import price reached the peak level of $7,561 per ton. From April 2023 to June 2023, the average import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In June 2023, the highest price was recorded for prices from El Salvador ($8,744 per ton) and Canada ($7,840 per ton), while the price for Chile ($6,416 per ton) and the United States ($6,455 per ton) were amongst the lowest.

From February 2023 to June 2023, the most notable rate of growth in terms of prices was attained by Canada (+0.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Nuts, Edible; Almonds, Fresh or Dried, Shelled in Guatemala (FOB) - 2022

The average export price for nuts, edible; almonds, fresh or dried, shelleds stood at $9,895 per ton in 2022, stabilizing at the previous year. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price increased by 57% against the previous year. The export price peaked at $11,636 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Honduras.

From 2013 to 2022, the rate of growth in terms of prices for Nicaragua amounted to +7.1% per year.

Imports of Nuts, Edible; Almonds, Fresh or Dried, Shelled in Guatemala

In 2022, after three years of growth, there was decline in supplies from abroad of nuts, edible; almonds, fresh or dried, shelleds, when their volume decreased by -2.7% to 365 tons. The total import volume increased at an average annual rate of +9.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 22% against the previous year. As a result, imports reached the peak of 375 tons, and then declined modestly in the following year.

In value terms, imports of nuts, edible; almonds, fresh or dried, shelleds expanded remarkably to $2.7M in 2022. The total import value increased at an average annual rate of +11.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Nuts, Edible; Almonds, Fresh or Dried, Shelled in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1,8501,9382,1852,4579.9%
El Salvador61.247.859.582.610.5%
ChinaN/AN/AN/A75.20%
Chile32.433.41041.3-65.8%
Others1.090.60.152.5274.4%
Total1,9452,1102,3482,66911.1%

Top Suppliers of Nuts, Edible; Almonds, Fresh or Dried, Shelled to Guatemala in 2022:

  1. United States (339.5 tons)
  2. China (9.4 tons)
  3. El Salvador (9.1 tons)
  4. Chile (0.2 tons)

Exports of Nuts, Edible; Almonds, Fresh or Dried, Shelled in Guatemala

In 2022, shipments abroad of nuts, edible; almonds, fresh or dried, shelleds decreased by 0% to 3.3 tons, falling for the second year in a row after two years of growth. Overall, exports showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 45%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of nuts, edible; almonds, fresh or dried, shelleds totaled $33K in 2022. Over the period under review, exports showed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 129%. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Nuts, Edible; Almonds, Fresh or Dried, Shelled in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Honduras0.1N/AN/A32.8589.6%
NicaraguaN/A12.1N/AN/A0%
Panama5.2N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total5.312.1N/A32.883.6%

Top Export Markets for Nuts, Edible; Almonds, Fresh or Dried, Shelled from Guatemala in 2022:

  1. Honduras (3.3 tons)

Source: IndexBox Market Intelligence Platform

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