Price for Offal, Edible; of Bovine Animals, Tongues, Frozen in Guatemala - 2023
Contents:
- Price for Offal, Edible; of Bovine Animals, Tongues, Frozen in Guatemala (CIF) - 2022
- Price for Offal, Edible; of Bovine Animals, Tongues, Frozen in Guatemala (FOB) - 2022
- Imports of Offal, Edible; of Bovine Animals, Tongues, Frozen in Guatemala
- Exports of Offal, Edible; of Bovine Animals, Tongues, Frozen in Guatemala
Price for Offal, Edible; of Bovine Animals, Tongues, Frozen in Guatemala (CIF) - 2022
In 2022, the average import price for offal, edible; of bovine animals, tongues, frozens amounted to $6,295 per ton, increasing by 15% against the previous year. In general, import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for offal, edible; of bovine animals, tongues, frozens increased by +41.2% against 2020 indices. The most prominent rate of growth was recorded in 2013 an increase of 33% against the previous year. The import price peaked at $7,059 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Nicaragua ($6,537 per ton), while the price for the Dominican Republic stood at $5,325 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+10.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Offal, Edible; of Bovine Animals, Tongues, Frozen in Guatemala (FOB) - 2022
The average export price for offal, edible; of bovine animals, tongues, frozens stood at $4,514 per ton in 2022, approximately equating the previous year. Overall, the export price, however, showed a prominent expansion. The export price peaked at $4,523 per ton in 2021, and then reduced in the following year.
As there is only one major export destination, the average price level is determined by prices for El Salvador.
From 2012 to 2022, the rate of growth in terms of prices for El Salvador amounted to +9.2% per year.
Imports of Offal, Edible; of Bovine Animals, Tongues, Frozen in Guatemala
In 2022, imports of offal, edible; of bovine animals, tongues, frozens into Guatemala surged to 72 tons, picking up by 19% compared with the previous year. The total import volume increased at an average annual rate of +8.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of offal, edible; of bovine animals, tongues, frozens surged to $454K in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +17.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +87.3% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 37% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.
| Import of Offal, Edible; of Bovine Animals, Tongues, Frozen in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Nicaragua | 266 | 231 | 321 | 377 | 12.3% |
| Dominican Republic | N/A | N/A | N/A | 76.6 | 0% |
| Others | 11.7 | 11.5 | 11.9 | N/A | 0.9% |
| Total | 278 | 242 | 333 | 454 | 17.8% |
Top Suppliers of Offal, Edible; of Bovine Animals, Tongues, Frozen to Guatemala in 2022:
- Nicaragua (57.7 tons)
- Dominican Republic (14.4 tons)
Exports of Offal, Edible; of Bovine Animals, Tongues, Frozen in Guatemala
Exports of offal, edible; of bovine animals, tongues, frozens from Guatemala reduced markedly to 210 kg in 2022, waning by -49.9% on the previous year's figure. Over the period under review, exports faced a significant decrease.
In value terms, exports of offal, edible; of bovine animals, tongues, frozens dropped rapidly to $948 in 2022. In general, exports showed a dramatic setback.
| Export of Offal, Edible; of Bovine Animals, Tongues, Frozen in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| El Salvador | 1.9 | 0.9 | -52.6% | ||
| Others | N/A | N/A | 0% | ||
| Total | 1.9 | 0.9 | -52.6% | ||
Top Export Markets for Offal, Edible; of Bovine Animals, Tongues, Frozen from Guatemala in 2022:
- El Salvador (210.0 kg)
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