Concentrated Grapefruit Juice Price in Guatemala - 2023
Contents:
- Concentrated Grapefruit Juice Price in Guatemala (CIF) - 2022
- Concentrated Grapefruit Juice Price in Guatemala (FOB) - 2022
- Concentrated Grapefruit Juice Imports in Guatemala
- Concentrated Grapefruit Juice Exports in Guatemala
Concentrated Grapefruit Juice Price in Guatemala (CIF) - 2022
In 2022, the average concentrated grapefruit juice import price amounted to $1,823 per ton, rising by 3.8% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the average import price increased by 86%. As a result, import price reached the peak level of $3,132 per ton. From 2016 to 2022, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Chile ($17,000 per ton), while the price for Canada ($846 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+98.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Concentrated Grapefruit Juice Price in Guatemala (FOB) - 2022
The average concentrated grapefruit juice export price stood at $1,045 per ton in 2022, dropping by -7% against the previous year. In general, the export price saw a deep downturn. The pace of growth was the most pronounced in 2016 when the average export price increased by 59%. Over the period under review, the average export prices reached the peak figure at $2,364 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, 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 El Salvador amounted to -6.2% per year.
Concentrated Grapefruit Juice Imports in Guatemala
Concentrated grapefruit juice imports into Guatemala reduced rapidly to 31 tons in 2022, dropping by -50% compared with the previous year. In general, imports faced a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 199% against the previous year. As a result, imports attained the peak of 63 tons, and then contracted notably in the following year.
In value terms, concentrated grapefruit juice imports shrank remarkably to $57K in 2022. Over the period under review, imports saw a sharp reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 131% against the previous year.
| Import of Concentrated Grapefruit Juice in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 101 | 29.5 | 71.2 | 47.1 | -22.5% |
| Canada | 0.9 | 3.2 | 7.8 | 9.8 | 121.6% |
| United States | 5.6 | 3.0 | 3.0 | N/A | -26.8% |
| Costa Rica | 7.1 | 4.2 | 5.0 | N/A | -16.1% |
| Belize | 8.8 | 7.0 | 11.3 | N/A | 13.3% |
| Saudi Arabia | N/A | N/A | 9.9 | N/A | 0% |
| Others | 1.1 | 0.6 | 1.6 | 0.1 | -55.0% |
| Total | 124 | 47.5 | 110 | 57.0 | -22.8% |
Top Suppliers of Concentrated Grapefruit Juice to Guatemala in 2022:
- Mexico (19.7 tons)
- Canada (11.6 tons)
Concentrated Grapefruit Juice Exports in Guatemala
For the fourth consecutive year, Guatemala recorded growth in overseas shipments of concentrated grapefruit juice, which increased by 172% to 8.6 tons in 2022. In general, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, concentrated grapefruit juice exports soared to $9K in 2022. Overall, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Concentrated Grapefruit Juice in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 0.4 | 0.6 | 0.8 | 9.0 | 182.3% |
| El Salvador | 0.1 | 0.1 | 0.1 | N/A | 0.0% |
| Canada | 0.9 | 1.6 | 2.6 | N/A | 70.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.4 | 2.2 | 3.6 | 9.0 | 85.9% |
Top Export Markets for Concentrated Grapefruit Juice from Guatemala in 2022:
- United States (8.6 tons)
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