Price for Wine; Still, in Containers Holding 2 Litres or Less in Guatemala - 2023
Contents:
- Price for Wine; Still, in Containers Holding 2 Litres or Less in Guatemala (CIF) - 2023
- Price for Wine; Still, in Containers Holding 2 Litres or Less in Guatemala (FOB) - 2023
- Imports of Wine; Still, in Containers Holding 2 Litres or Less in Guatemala
- Exports of Wine; Still, in Containers Holding 2 Litres or Less in Guatemala
Price for Wine; Still, in Containers Holding 2 Litres or Less in Guatemala (CIF) - 2023
The average import price for wine; still, in containers holding 2 litres or lesses stood at $3.9 per litre in December 2023, growing by 35% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.9%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($14.7 per litre), while the price for Chile ($2.1 per litre) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by the United States (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wine; Still, in Containers Holding 2 Litres or Less in Guatemala (FOB) - 2023
The average export price for wine; still, in containers holding 2 litres or lesses stood at $1.4 per litre in December 2023, waning by -21% against the previous month. Over the period under review, the export price, however, saw a modest increase. The most prominent rate of growth was recorded in August 2023 an increase of 92% against the previous month. As a result, the export price attained the peak level of $3.0 per litre. From September 2023 to December 2023, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Belize ($2.2 per litre), while the average price for exports to El Salvador ($1.1 per litre) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belize (+2.9%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Wine; Still, in Containers Holding 2 Litres or Less in Guatemala
In 2022, approx. 7.6M litres of wine; still, in containers holding 2 litres or lesses were imported into Guatemala; surging by 12% on 2021 figures. In general, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +15.8% 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 +64.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 46% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of wine; still, in containers holding 2 litres or lesses soared to $21M in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +19.1% 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 +79.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 55%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Wine; Still, in Containers Holding 2 Litres or Less in Guatemala (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 5.8 | 5.2 | 7.2 | 7.8 | 10.4% |
| Spain | 2.9 | 2.9 | 3.8 | 4.2 | 13.1% |
| United States | 0.9 | 1.3 | 2.1 | 2.5 | 40.6% |
| Argentina | 0.6 | 0.4 | 1.1 | 2.2 | 54.2% |
| Italy | 1.0 | 0.9 | 1.9 | 2.1 | 28.1% |
| France | 0.3 | 0.3 | 0.9 | 0.7 | 32.6% |
| Portugal | 0.1 | 0.1 | 0.2 | 0.3 | 44.2% |
| Others | 0.5 | 0.4 | 0.6 | 0.7 | 11.9% |
| Total | 12.1 | 11.4 | 17.8 | 20.5 | 19.2% |
Top Suppliers of Wine; Still, in Containers Holding 2 Litres or Less to Guatemala in 2022:
- Chile (3876.0K litres)
- Spain (1239.5K litres)
- Argentina (786.1K litres)
- Italy (590.2K litres)
- United States (587.4K litres)
- France (162.8K litres)
- Portugal (127.4K litres)
Exports of Wine; Still, in Containers Holding 2 Litres or Less in Guatemala
In 2022, the amount of wine; still, in containers holding 2 litres or lesses exported from Guatemala reduced dramatically to 633K litres, with a decrease of -31.9% against the previous year's figure. In general, exports, however, recorded a resilient increase. The pace of growth was the most pronounced in 2021 with an increase of 114% against the previous year. As a result, the exports reached the peak of 928K litres, and then shrank notably in the following year.
In value terms, exports of wine; still, in containers holding 2 litres or lesses dropped significantly to $1.1M in 2022. Over the period under review, exports, however, saw strong growth. The most prominent rate of growth was recorded in 2021 with an increase of 106%. As a result, the exports attained the peak of $1.5M, and then shrank markedly in the following year.
| Export of Wine; Still, in Containers Holding 2 Litres or Less in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| El Salvador | 411 | 416 | 946 | 481 | 5.4% |
| Belize | 146 | 51.9 | 49.2 | 277 | 23.8% |
| Honduras | 58.0 | 92.5 | 248 | 147 | 36.3% |
| Nicaragua | 81.5 | 118 | 168 | 138 | 19.2% |
| Others | 125 | 29.9 | 50.6 | 71.9 | -16.8% |
| Total | 821 | 709 | 1,462 | 1,115 | 10.7% |
Top Export Markets for Wine; Still, in Containers Holding 2 Litres or Less from Guatemala in 2022:
- El Salvador (327.1K litres)
- Nicaragua (120.7K litres)
- Belize (116.9K litres)
- Honduras (64.1K litres)
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