Price for Plants, Live; Unrooted Cuttings and Slips in Guatemala - 2023

Contents:

1. Price for Plants, Live; Unrooted Cuttings and Slips in Guatemala (FOB) - 2022
2. Price for Plants, Live; Unrooted Cuttings and Slips in Guatemala (CIF) - 2022
3. Exports of Plants, Live; Unrooted Cuttings and Slips in Guatemala
4. Imports of Plants, Live; Unrooted Cuttings and Slips in Guatemala

Price for Plants, Live; Unrooted Cuttings and Slips in Guatemala (FOB) - 2022

In 2022, the average export price for plants, live; unrooted cuttings and slipses amounted to $0.1 per unit, surging by 21% against the previous year. Over the last decade, it increased at an average annual rate of +3.8%. The most prominent rate of growth was recorded in 2017 when the average export price increased by 25%. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($0.2 per unit), while the average price for exports to Turkey (less than $0.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+4.8%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Plants, Live; Unrooted Cuttings and Slips in Guatemala (CIF) - 2022

In 2022, the average import price for plants, live; unrooted cuttings and slipses amounted to $0.1 per unit, surging by 3.6% against the previous year. Overall, the import price, however, recorded a abrupt slump. The growth pace was the most rapid in 2013 when the average import price increased by 20% against the previous year. As a result, import price attained the peak level of $0.5 per unit. From 2014 to 2022, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Australia ($0.1 per unit) and the United States ($0.1 per unit), while the price for China ($0.1 per unit) and Honduras ($0.1 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+3.4%), while the prices for the other major suppliers experienced a decline.

Exports of Plants, Live; Unrooted Cuttings and Slips in Guatemala

In 2022, shipments abroad of plants, live; unrooted cuttings and slipses decreased by -20.5% to 504M units for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +5.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 22% against the previous year. As a result, the exports reached the peak of 634M units, and then reduced rapidly in the following year.

In value terms, exports of plants, live; unrooted cuttings and slipses fell to $55M in 2022. The total export value increased at an average annual rate of +8.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 26% against the previous year. As a result, the exports attained the peak of $57M, and then dropped in the following year.

Top Export Markets for Plants, Live; Unrooted Cuttings and Slips from Guatemala in 2022:

1. Netherlands (288.5M units)
2. United States (163.0M units)
3. Japan (19.3M units)
4. Turkey (14.0M units)
5. Denmark (4.4M units)

Imports of Plants, Live; Unrooted Cuttings and Slips in Guatemala

In 2022, the amount of plants, live; unrooted cuttings and slipses imported into Guatemala skyrocketed to 6.6M units, increasing by 33% on 2021 figures. Overall, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +7.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.5% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of plants, live; unrooted cuttings and slipses skyrocketed to $798K in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +11.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +74.0% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Plants, Live; Unrooted Cuttings and Slips to Guatemala in 2022:

1. Netherlands (1579.2K units)
2. Israel (1349.3K units)
3. United States (1128.9K units)
4. China (860.2K units)
5. Chile (488.8K units)
6. Australia (307.9K units)
7. Spain (273.5K units)

Source: IndexBox Market Intelligence Platform