Mandarins Price in Guatemala - 2023
Contents:
- Mandarins Price in Guatemala (CIF) - 2023
- Mandarins Price in Guatemala (FOB) - 2022
- Mandarins Imports in Guatemala
- Mandarins Exports in Guatemala
Mandarins Price in Guatemala (CIF) - 2023
The average mandarins import price stood at $1,627 per ton in October 2023, with an increase of 7.2% against the previous month. In general, the import price showed tangible growth. The pace of growth appeared the most rapid in January 2023 when the average import price increased by 368% against the previous month. Over the period under review, average import prices reached the peak figure at $2,255 per ton in April 2023; however, from May 2023 to October 2023, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In October 2023, the country with the highest price was Chile ($1,655 per ton), while the price for Peru totaled $1,453 per ton.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Spain (+11.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Mandarins Price in Guatemala (FOB) - 2022
In 2022, the average mandarins export price amounted to $318 per ton, shrinking by -14.2% against the previous year. Over the period under review, the export price, however, continues to indicate a significant increase. The pace of growth appeared the most rapid in 2019 an increase of 577%. As a result, the export price attained the peak level of $695 per ton. From 2020 to 2022, the average export prices remained at a lower figure.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Honduras ($319 per ton), while the average price for exports to El Salvador amounted to $309 per ton.
From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Honduras (+35.8%).
Mandarins Imports in Guatemala
Mandarins imports into Guatemala expanded markedly to 1.3K tons in 2022, with an increase of 8.5% compared with the year before. Overall, imports showed significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 115% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, mandarins imports surged to $1.4M in 2022. In general, imports showed a significant increase. The growth pace was the most rapid in 2021 with an increase of 90% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Mandarins in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Peru | 84.6 | N/A | 110 | 935 | 122.7% |
| Spain | N/A | N/A | N/A | 303 | 0% |
| Chile | 65.4 | 196 | 281 | 87.1 | 10.0% |
| United States | 280 | 357 | 658 | 28.0 | -53.6% |
| Mexico | N/A | N/A | N/A | 23.9 | 0% |
| Others | N/A | N/A | N/A | 7.2 | 0% |
| Total | 430 | 553 | 1,048 | 1,384 | 47.6% |
Top Suppliers of Mandarins to Guatemala in 2022:
- Peru (674.8 tons)
- Mexico (231.5 tons)
- Spain (192.4 tons)
- Chile (129.4 tons)
- United States (29.4 tons)
Mandarins Exports in Guatemala
In 2022, shipments abroad of fruit, edible decreased by -7.3% to 544 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, posted a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 133%.
In value terms, mandarins exports fell sharply to $173K in 2022. The total export value increased at an average annual rate of +5.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 29% against the previous year. As a result, the exports attained the peak of $218K, and then fell rapidly in the following year.
| Export of Mandarins in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Honduras | N/A | N/A | N/A | 163 | 0% |
| El Salvador | 43.3 | 169 | 218 | 10.7 | -37.2% |
| United States | 105 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 148 | 169 | 218 | 173 | 5.3% |
Top Export Markets for Mandarins from Guatemala in 2022:
- Honduras (509.2 tons)
- El Salvador (34.5 tons)
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