Guatemala - Frozen Cuts Of Turkey - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFrozen Turkey Cut Price in Guatemala - 2023
Contents:
- Frozen Turkey Cut Price in Guatemala (CIF) - 2023
- Frozen Turkey Cut Price in Guatemala (FOB) - 2022
- Frozen Turkey Cut Imports in Guatemala
- Frozen Turkey Cut Exports in Guatemala
Frozen Turkey Cut Price in Guatemala (CIF) - 2023
The average frozen turkey cut import price stood at $2,362 per ton in October 2023, shrinking by -24.1% against the previous month. In general, the import price showed a noticeable contraction. The growth pace was the most rapid in September 2023 when the average import price increased by 39% month-to-month. Over the period under review, average import prices attained the peak figure at $4,553 per ton in April 2023; however, from May 2023 to October 2023, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From October 2022 to October 2023, the rate of growth in terms of prices for the United States amounted to -4.7% per month.
Frozen Turkey Cut Price in Guatemala (FOB) - 2022
In 2022, the average frozen turkey cut export price amounted to less than $0.1 per ton, waning by 99.9% against the previous year. Overall, the export price recorded a abrupt downturn. The export price peaked at $5,304 per ton in 2014; however, from 2015 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 Honduras.
From 2014 to 2022, the rate of growth in terms of prices for Honduras amounted to -5.9% per year.
Frozen Turkey Cut Imports in Guatemala
In 2022, supplies from abroad of frozen turkey cuts decreased by -16.2% to 2.5K tons, falling for the second year in a row after two years of growth. Over the period under review, imports continue to indicate a mild decrease. The growth pace was the most rapid in 2020 when imports increased by 24%. As a result, imports attained the peak of 3.2K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, frozen turkey cut imports surged to $9.1M in 2022. In general, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +22.5% 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 +84.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 36%. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in the near future.
| Import of Frozen Turkey Cut in Guatemala (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 4.9 | 5.7 | 7.8 | 9.1 | 22.9% |
| Canada | N/A | N/A | N/A | N/A | 0% |
| Others | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Total | 4.9 | 5.8 | 7.9 | 9.1 | 22.9% |
Top Suppliers of Frozen Turkey Cut to Guatemala in 2022:
- United States (2.5K tons)
Frozen Turkey Cut Exports in Guatemala
In 2021, approx. 4.6 tons of frozen turkey cuts were exported from Guatemala; flattening at the year before. Overall, exports showed prominent growth. The smallest decline of 99.9% was in 2020. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the near future.
In value terms, frozen turkey cut exports totaled $15K in 2021. In general, exports showed a significant expansion. The smallest decline of 99.9% was in 2020. The exports peaked in 2021 and are expected to retain growth in years to come.
| Export of Frozen Turkey Cut in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Honduras | 10.3 | N/A | 15.0 | 7.5 | -10.0% |
| Others | N/A | N/A | N/A | -7.5 | 0% |
| Total | 10.3 | N/A | 15.0 | N/A | 20.7% |
Top Export Markets for Frozen Turkey Cut from Guatemala in 2022:
- Honduras (2.3 tons)
This report provides an in-depth analysis of the frozen turkey cut market in Guatemala. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10122055 - Frozen cuts of turkey
Country coverage:
- Guatemala
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Guatemala
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Producing Animals Slaughtered, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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