Frozen Tilapia Fillets Price in Guatemala - 2023
Contents:
Frozen Tilapia Fillets Price in Guatemala (CIF) - 2022
In 2022, the average frozen tilapia fillets import price amounted to $4,649 per ton, surging by 15% against the previous year. Overall, the import price, however, continues to indicate a perceptible contraction. Over the period under review, average import prices hit record highs at $7,670 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Honduras ($6,918 per ton), while the price for China ($4,416 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+25.1%), while the prices for the other major suppliers experienced a decline.
Frozen Tilapia Fillets Imports in Guatemala
After three years of growth, supplies from abroad of frozen tilapia fillets decreased by -25.1% to 538 tons in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +8.4% 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 +27.5% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 68%. As a result, imports attained the peak of 719 tons, and then shrank sharply in the following year.
In value terms, frozen tilapia fillets imports shrank to $2.5M in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +12.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +43.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 67%. As a result, imports attained the peak of $2.9M, and then fell in the following year.
| Import of Frozen Tilapia Fillets in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | N/A | 1,435 | 2,094 | 45.9% |
| Honduras | N/A | 92.3 | 310 | 247 | 63.6% |
| United States | 1,691 | 1,648 | 1,167 | 143 | -56.1% |
| Others | 49.8 | N/A | N/A | 16.9 | -30.2% |
| Total | 1,741 | 1,740 | 2,913 | 2,502 | 12.8% |
Top Suppliers of Frozen Tilapia Fillets to Guatemala in 2022:
- China (474.3 tons)
- Honduras (35.7 tons)
- United States (25.7 tons)
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