Cereals; Millet, Seed Price in Guatemala - 2022
Contents:
Cereals; Millet, Seed Price in Guatemala (CIF) - 2022
The average cereals; millet, seed import price stood at $857 per ton in 2022, therefore, remained relatively stable against the previous year. In general, the import price, however, continues to indicate tangible growth. The most prominent rate of growth was recorded in 2021 when the average import price increased by 45% against the previous year. As a result, import price attained the peak level of $859 per ton, leveling off in the following year.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +4.3% per year.
Cereals; Millet, Seed Imports in Guatemala
In 2022, overseas purchases of cereals; millet, seeds decreased by -55.2% to 69 tons, falling for the second consecutive year after two years of growth. Overall, imports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 702% against the previous year. As a result, imports attained the peak of 159 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, cereals; millet, seed imports contracted notably to $59K in 2022. Over the period under review, imports, however, posted significant growth. The pace of growth was the most pronounced in 2020 with an increase of 717% against the previous year.
| Import of Cereals; Millet, Seed in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 11.5 | 94.0 | 132 | 59.1 | 72.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 11.5 | 94.0 | 132 | 59.1 | 72.6% |
Top Suppliers of Cereals; Millet, Seed to Guatemala in 2022:
- United States (69.0 tons)
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