Guatemala - Glucose And Glucose Syrup - Market Analysis, Forecast, Size, Trends And Insights
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View PricingGlucose Price in Guatemala - 2023
Contents:
- Glucose Price in Guatemala (CIF) - 2022
- Glucose Price in Guatemala (FOB) - 2022
- Glucose Imports in Guatemala
- Glucose Exports in Guatemala
Glucose Price in Guatemala (CIF) - 2022
In 2022, the average glucose import price amounted to $805 per ton, increasing by 28% against the previous year. Over the last decade, it increased at an average annual rate of +2.5%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 China ($1,066 per ton), while the price for Brazil ($686 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+11.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Glucose Price in Guatemala (FOB) - 2022
In 2022, the average glucose export price amounted to $1,423 per ton, rising by 22% against the previous year. Overall, export price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, glucose export price increased by +71.2% against 2020 indices. The pace of growth was the most pronounced in 2021 when the average export price increased by 40%. The export price peaked in 2022 and is expected to retain growth in the immediate term.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Nicaragua ($1,710 per ton) and the Dominican Republic ($1,645 per ton), while the average price for exports to Panama ($1,244 per ton) and Honduras ($1,339 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Costa Rica (+7.6%), while the prices for the other major destinations experienced more modest paces of growth.
Glucose Imports in Guatemala
In 2022, imports of glucose and glucose syrup into Guatemala skyrocketed to 39K tons, jumping by 15% against the previous year. The total import volume increased at an average annual rate of +8.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 22% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, glucose imports soared to $31M in 2022. Overall, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Glucose in Guatemala (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 6.9 | 5.6 | 6.6 | 10.6 | 15.4% |
Mexico | 6.2 | 5.8 | 8.0 | 9.4 | 14.9% |
China | 2.0 | 1.6 | 2.6 | 4.4 | 30.1% |
Brazil | 1.3 | 1.5 | 1.3 | 2.6 | 26.0% |
Turkey | 0.9 | 1.0 | 1.2 | 2.6 | 42.4% |
Argentina | 0.2 | 0.4 | 0.7 | 1.5 | 95.7% |
Others | 0.6 | 0.4 | 0.9 | 0.3 | -20.6% |
Total | 18.1 | 16.3 | 21.3 | 31.5 | 20.3% |
Top Suppliers of Glucose to Guatemala in 2022:
- United States (14.0K tons)
- Mexico (12.7K tons)
- China (4.1K tons)
- Brazil (3.8K tons)
- Turkey (2.6K tons)
- Argentina (1.7K tons)
Glucose Exports in Guatemala
In 2022, approx. 1.5K tons of glucose and glucose syrup were exported from Guatemala; jumping by 23% against 2021 figures. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +18.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +67.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 31% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the near future.
In value terms, glucose exports skyrocketed to $2.1M in 2022. In general, exports posted a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 84%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.
Export of Glucose in Guatemala (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
El Salvador | 498 | 404 | 827 | 1,008 | 26.5% |
Honduras | 166 | 257 | 329 | 663 | 58.7% |
Dominican Republic | 2.7 | 3.3 | 44.9 | 231 | 340.6% |
Panama | 16.0 | 1.1 | 65.8 | 73.4 | 66.2% |
Costa Rica | 22.6 | 37.5 | 105 | 64.6 | 41.9% |
Nicaragua | 22.2 | 18.7 | 21.0 | 35.7 | 17.2% |
Others | 11.0 | 35.0 | 3.5 | 18.6 | 19.1% |
Total | 738 | 757 | 1,396 | 2,095 | 41.6% |
Top Export Markets for Glucose from Guatemala in 2022:
- El Salvador (706.1 tons)
- Honduras (495.6 tons)
- Dominican Republic (140.7 tons)
- Panama (59.0 tons)
- Costa Rica (42.6 tons)
- Nicaragua (20.9 tons)
This report provides an in-depth analysis of the glucose 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 10621310 - Glucose and glucose syrup (excluding with added flavouring or colouring matter)
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
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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
- 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 VOLUME AND VALUE
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
- 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
- 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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