Concentrated Pineapple Juice Price in Guatemala - 2023
Contents:
- Concentrated Pineapple Juice Price in Guatemala (FOB) - 2023
- Concentrated Pineapple Juice Price in Guatemala (CIF) - 2022
- Concentrated Pineapple Juice Exports in Guatemala
- Concentrated Pineapple Juice Imports in Guatemala
Concentrated Pineapple Juice Price in Guatemala (FOB) - 2023
The average concentrated pineapple juice export price stood at $1,897 per ton in June 2023, picking up by 21% against the previous month. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 when the average export price increased by 36% m-o-m. As a result, the export price attained the peak level of $2,650 per ton. From January 2023 to June 2023, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In June 2023, the country with the highest price was the United States ($2,067 per ton), while the average price for exports to the Netherlands ($962 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+1.9%), while the prices for the other major destinations experienced mixed trend patterns.
Concentrated Pineapple Juice Price in Guatemala (CIF) - 2022
The average concentrated pineapple juice import price stood at $2,027 per ton in 2022, with an increase of 8.7% against the previous year. In general, import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, concentrated pineapple juice import price increased by +54.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 32%. Over the period under review, average import prices reached the maximum at $2,440 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Costa Rica ($2,042 per ton), while the price for Vietnam totaled $1,201 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by El Salvador (+18.1%).
Concentrated Pineapple Juice Exports in Guatemala
For the fourth year in a row, Guatemala recorded growth in overseas shipments of concentrated pineapple juice, which increased by 30% to 8.9K tons in 2022. In general, exports showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 366%. The exports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, concentrated pineapple juice exports surged to $14M in 2022. Over the period under review, exports posted a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 210% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in the near future.
| Export of Concentrated Pineapple Juice in Guatemala (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 3.2 | 2.6 | 7.4 | 13.4 | 61.2% |
| Spain | N/A | N/A | 0.3 | 0.5 | 66.7% |
| Netherlands | N/A | 0.1 | 0.5 | 0.4 | 100.0% |
| Others | N/A | N/A | 0.1 | N/A | 0% |
| Total | 3.2 | 2.7 | 8.3 | 14.3 | 64.7% |
Top Export Markets for Concentrated Pineapple Juice from Guatemala in 2022:
- United States (8.1K tons)
- Spain (0.4K tons)
- Netherlands (0.3K tons)
Concentrated Pineapple Juice Imports in Guatemala
In 2022, approx. 381 tons of concentrated pineapple juice were imported into Guatemala; growing by 44% against the year before. In general, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +24.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +90.6% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, concentrated pineapple juice imports skyrocketed to $773K in 2022. Overall, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Concentrated Pineapple Juice in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Costa Rica | 228 | 377 | 423 | 764 | 49.6% |
| Vietnam | N/A | N/A | N/A | 9.0 | 0% |
| Others | 33.2 | 15.7 | 70.0 | 0.3 | -79.2% |
| Total | 262 | 393 | 493 | 773 | 43.4% |
Top Suppliers of Concentrated Pineapple Juice to Guatemala in 2022:
- Costa Rica (373.9 tons)
- Vietnam (7.5 tons)
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