Price for Vegetables; Seed Potatoes, Fresh or Chilled in Guatemala - 2023

Contents:

  1. Price for Vegetables; Seed Potatoes, Fresh or Chilled in Guatemala (CIF) - 2022
  2. Price for Vegetables; Seed Potatoes, Fresh or Chilled in Guatemala (FOB) - 2022
  3. Imports of Vegetables; Seed Potatoes, Fresh or Chilled in Guatemala
  4. Exports of Vegetables; Seed Potatoes, Fresh or Chilled in Guatemala

Price for Vegetables; Seed Potatoes, Fresh or Chilled in Guatemala (CIF) - 2022

In 2022, the average import price for vegetables; seed potatoes, fresh or chilleds amounted to $1,112 per ton, with an increase of 18% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.4%. The pace of growth was the most pronounced in 2013 when the average import price increased by 32% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Chile ($1,434 per ton), while the price for the United States stood at $937 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Vegetables; Seed Potatoes, Fresh or Chilled in Guatemala (FOB) - 2022

The average export price for vegetables; seed potatoes, fresh or chilleds stood at $4,173 per ton in 2022, rising by 55% against the previous year. In general, the export price showed a significant expansion. The growth pace was the most rapid in 2021 an increase of 1,043% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in the immediate term.

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

From 2015 to 2022, the rate of growth in terms of prices for the United States amounted to +55.2% per year.

Imports of Vegetables; Seed Potatoes, Fresh or Chilled in Guatemala

In 2022, overseas purchases of vegetables; seed potatoes, fresh or chilleds decreased by -20.7% to 551 tons, falling for the second consecutive year after two years of growth. In general, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 40% against the previous year. As a result, imports reached the peak of 754 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of vegetables; seed potatoes, fresh or chilleds contracted to $612K in 2022. The total import value increased at an average annual rate of +10.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 50% against the previous year. As a result, imports reached the peak of $682K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Vegetables; Seed Potatoes, Fresh or Chilled in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2733523293336.8%
Chile12725224627930.0%
Canada56.578.278.2N/A17.6%
OthersN/AN/A0.3N/A0%
Total45668265461210.3%

Top Suppliers of Vegetables; Seed Potatoes, Fresh or Chilled to Guatemala in 2022:

  1. United States (356.0 tons)
  2. Chile (194.6 tons)

Exports of Vegetables; Seed Potatoes, Fresh or Chilled in Guatemala

After two years of decline, shipments abroad of vegetables; seed potatoes, fresh or chilleds increased by 406% to 81 kg in 2022. Over the period under review, exports, however, saw a sharp descent.

In value terms, exports of vegetables; seed potatoes, fresh or chilleds skyrocketed to $338 in 2022. Overall, exports, however, showed a precipitous curtailment.

Export of Vegetables; Seed Potatoes, Fresh or Chilled in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/AN/AN/A0.30%
El Salvador1228.6N/AN/A-93.0%
OthersN/AN/AN/AN/A0%
Total1228.6N/A0.3-86.5%

Top Export Markets for Vegetables; Seed Potatoes, Fresh or Chilled from Guatemala in 2022:

  1. United States (81.0 kg)

Source: IndexBox Market Intelligence Platform

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