Bovine Animals; Live Price in Guatemala - 2023
Contents:
- Bovine Animals; Live Price in Guatemala (FOB) - 2022
- Bovine Animals; Live Price in Guatemala (CIF) - 2022
- Bovine Animals; Live Exports in Guatemala
- Bovine Animals; Live Imports in Guatemala
Bovine Animals; Live Price in Guatemala (FOB) - 2022
In 2022, the average bovine animals; live export price amounted to $961 per unit, stabilizing at the previous year. Overall, the export price, however, showed a perceptible contraction. The most prominent rate of growth was recorded in 2013 an increase of 41%. As a result, the export price reached the peak level of $1,996 per unit. From 2014 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Mexico.
From 2012 to 2022, the rate of growth in terms of prices for Mexico amounted to +2.2% per year.
Bovine Animals; Live Price in Guatemala (CIF) - 2022
In 2022, the average bovine animals; live import price amounted to $1,190 per unit, shrinking by -2.8% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 51% against the previous year. As a result, import price reached the peak level of $1,619 per unit. From 2020 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($1,744 per unit), while the price for Nicaragua ($957 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nicaragua (+0.4%), while the prices for the other major suppliers experienced a decline.
Bovine Animals; Live Exports in Guatemala
In 2022, overseas shipments of bovine animals; lives decreased by -4.9% to 3.8K units for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, saw significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 16,633%. The exports peaked at 4K units in 2021, and then declined in the following year.
In value terms, bovine animals; live exports fell to $3.6M in 2022. Overall, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 14,753% against the previous year. Over the period under review, the exports reached the maximum at $3.8M in 2021, and then shrank modestly in the following year.
| Export of Bovine Animals; Live in Guatemala (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | N/A | 0.5 | 3.7 | 3.6 | 168.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | N/A | 0.5 | 3.8 | 3.6 | 168.3% |
Top Export Markets for Bovine Animals; Live from Guatemala in 2022:
- Mexico (3.8K units)
Bovine Animals; Live Imports in Guatemala
In 2022, the amount of bovine animals; lives imported into Guatemala rose slightly to 309 units, picking up by 4% against the year before. Overall, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 276% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.
In value terms, bovine animals; live imports totaled $368K in 2022. In general, imports enjoyed a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 226%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.
| Import of Bovine Animals; Live in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Nicaragua | N/A | N/A | 174 | 208 | 19.5% |
| United States | 42.3 | 35.0 | 51.2 | 141 | 49.4% |
| Mexico | N/A | 99.7 | 127 | 18.8 | -56.6% |
| Belize | N/A | 52.1 | N/A | N/A | 0% |
| Costa Rica | 19.3 | 14.0 | 11.6 | N/A | -22.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 61.5 | 201 | 364 | 368 | 81.5% |
Top Suppliers of Bovine Animals; Live to Guatemala in 2022:
- Nicaragua (217.0 units)
- United States (81.0 units)
- Mexico (11.0 units)
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