Guatemala - Blueberries And Cranberries - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Guatemala - Blueberries And Cranberries - Market Analysis, Forecast, Size, Trends and Insights

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Blueberry and Cranberry Price in Guatemala - 2023

Contents:

  1. Blueberry and Cranberry Price in Guatemala (CIF) - 2023
  2. Blueberry and Cranberry Price in Guatemala (FOB) - 2022
  3. Blueberry and Cranberry Imports in Guatemala
  4. Blueberry and Cranberry Exports in Guatemala

Blueberry and Cranberry Price in Guatemala (CIF) - 2023

The average blueberry and cranberry import price stood at $9,738 per ton in December 2023, increasing by 58% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.6%. Over the period under review, average import prices attained the maximum at $10,062 per ton in April 2023; however, from May 2023 to December 2023, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In December 2023, the country with the highest price was Mexico ($12,053 per ton), while the price for Peru ($9,590 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Mexico (+3.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Blueberry and Cranberry Price in Guatemala (FOB) - 2022

The average blueberry and cranberry export price stood at $2,807 per ton in 2022, waning by -18.3% against the previous year. Over the period under review, the export price saw a pronounced descent. The growth pace was the most rapid in 2021 an increase of 35%. Over the period under review, the average export prices hit record highs at $4,503 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($5,180 per ton), while the average price for exports to El Salvador ($483 per ton) was amongst the lowest.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+12.3%), while the prices for the other major destinations experienced mixed trend patterns.

Blueberry and Cranberry Imports in Guatemala

For the fourth year in a row, Guatemala recorded growth in supplies from abroad of blueberries and cranberries, which increased by 62% to 133 tons in 2022. Over the period under review, imports enjoyed a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 212%. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, blueberry and cranberry imports soared to $982K in 2022. Overall, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Blueberry and Cranberry in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico47.672.1174688143.6%
Peru3.238.6124214305.9%
United States55.377.067.347.3-5.1%
ChileN/A24.831.412.3-29.6%
OthersN/A0.45.619.8603.6%
Total106213403982110.0%

Top Suppliers of Blueberry and Cranberry to Guatemala in 2022:

  1. Mexico (87.5 tons)
  2. Peru (26.8 tons)
  3. United States (11.9 tons)
  4. Chile (4.8 tons)

Blueberry and Cranberry Exports in Guatemala

In 2022, exports of blueberries and cranberries from Guatemala surged to 118 tons, increasing by 153% against 2021 figures. Overall, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, blueberry and cranberry exports surged to $330K in 2022. Over the period under review, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Blueberry and Cranberry in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Honduras80.195.413932559.5%
El Salvador1.49.83.02.521.3%
Nicaragua22.423.616.3N/A-14.7%
United Kingdom18.1N/A1.7N/A-69.4%
United States58.721.7N/AN/A-63.0%
OthersN/A3.1N/A2.3-13.9%
Total18115416033022.2%

Top Export Markets for Blueberry and Cranberry from Guatemala in 2022:

  1. Honduras (111.9 tons)
  2. El Salvador (5.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the blueberry and cranberry market in Guatemala. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • FCL 552 - Blueberries
  • FCL 554 - Cranberries

Country coverage:

  • Guatemala

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Guatemala
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, HARVESTED AREA AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Area Harvested, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
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