Price for Vegetable Products Not Elsewhere Specified or Included in Guatemala - 2024
Contents:
- Price for Vegetable Products Not Elsewhere Specified or Included in Guatemala (FOB) - 2022
- Price for Vegetable Products Not Elsewhere Specified or Included in Guatemala (CIF) - 2022
- Exports of Vegetable Products Not Elsewhere Specified or Included in Guatemala
- Imports of Vegetable Products Not Elsewhere Specified or Included in Guatemala
Price for Vegetable Products Not Elsewhere Specified or Included in Guatemala (FOB) - 2022
In 2022, the average export price for vegetable products not elsewhere specified or includeds amounted to $1,543 per ton, jumping by 28% against the previous year. Over the period under review, the export price showed a modest expansion. The most prominent rate of growth was recorded in 2017 when the average export price increased by 125%. Over the period under review, the average export prices hit record highs at $2,227 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
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 United States ($1,983 per ton), while the average price for exports to El Salvador ($501 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 Brazil (+9.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Vegetable Products Not Elsewhere Specified or Included in Guatemala (CIF) - 2022
The average import price for vegetable products not elsewhere specified or includeds stood at $555 per ton in 2022, which is down by -16.5% against the previous year. In general, the import price saw a pronounced reduction. The most prominent rate of growth was recorded in 2016 an increase of 69% against the previous year. As a result, import price attained the peak level of $870 per ton. From 2017 to 2022, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($2,561 per ton), while the price for Nicaragua ($292 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by El Salvador (+33.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Vegetable Products Not Elsewhere Specified or Included in Guatemala
In 2022, after three years of growth, there was significant decline in overseas shipments of vegetable products not elsewhere specified or includeds, when their volume decreased by -5.7% to 1.4K tons. The total export volume increased at an average annual rate of +10.4% over the period 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 2020 with an increase of 26%.
In value terms, exports of vegetable products not elsewhere specified or includeds soared to $2.2M in 2022. The total export value increased at an average annual rate of +14.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Vegetable Products Not Elsewhere Specified or Included in Guatemala (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 824 | 941 | 834 | 1,160 | 12.1% |
Peru | 129 | 242 | 508 | 616 | 68.4% |
Costa Rica | 301 | 193 | 251 | 195 | -13.5% |
Mexico | N/A | 91.2 | 114 | 144 | 25.7% |
El Salvador | 100 | 76.3 | 55.8 | 46.4 | -22.6% |
Honduras | 13.5 | 15.9 | 7.3 | 7.1 | -19.3% |
Spain | 57.7 | 36.0 | N/A | N/A | -37.6% |
Others | 76.3 | 110 | 62.7 | 73.7 | -1.1% |
Total | 1,502 | 1,706 | 1,832 | 2,242 | 14.3% |
Top Export Markets for Vegetable Products Not Elsewhere Specified or Included from Guatemala in 2022:
- United States (585.0 tons)
- Peru (461.6 tons)
- Costa Rica (157.7 tons)
- El Salvador (92.7 tons)
- Mexico (88.2 tons)
- Honduras (12.8 tons)
Imports of Vegetable Products Not Elsewhere Specified or Included in Guatemala
In 2022, purchases abroad of vegetable products not elsewhere specified or includeds decreased by -38.9% to 302 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports, however, enjoyed a temperate expansion. The pace of growth appeared the most rapid in 2020 with an increase of 126%. As a result, imports attained the peak of 636 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of vegetable products not elsewhere specified or includeds shrank dramatically to $168K in 2022. Overall, imports, however, enjoyed notable growth. The most prominent rate of growth was recorded in 2020 when imports increased by 166%. As a result, imports attained the peak of $392K. From 2021 to 2022, the growth of imports of failed to regain momentum.
Import of Vegetable Products Not Elsewhere Specified or Included in Guatemala (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 47.5 | 63.9 | 232 | 135 | 41.6% |
United States | 3.8 | 0.2 | 5.3 | 12.0 | 46.7% |
Mexico | 9.6 | 273 | N/A | 8.5 | -4.0% |
Nicaragua | N/A | N/A | N/A | 6.6 | 0% |
Netherlands | 86.6 | 55.4 | 94.7 | 5.1 | -61.1% |
Others | N/A | 0.1 | N/A | 0.7 | 164.6% |
Total | 148 | 392 | 332 | 168 | 4.3% |
Top Suppliers of Vegetable Products Not Elsewhere Specified or Included to Guatemala in 2022:
- India (249.0 tons)
- Nicaragua (22.5 tons)
- Mexico (16.2 tons)
- Netherlands (9.9 tons)
- United States (4.7 tons)
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