Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Guatemala - 2023

Contents:

  1. Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Guatemala (CIF) - 2022
  2. Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Guatemala (FOB) - 2022
  3. Imports of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Guatemala
  4. Exports of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Guatemala

Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Guatemala (CIF) - 2022

In 2022, the average import price for cheese, blue-veined (not grated, powdered or processed) amounted to $7,812 per ton, surging by 22% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.9%. The import price peaked at $8,277 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

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 Italy ($10,789 per ton), while the price for France ($7,161 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Guatemala (FOB) - 2022

The average export price for cheese, blue-veined (not grated, powdered or processed) stood at $6,800 per ton in 2022, falling by -3.5% against the previous year. Over the period under review, export price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +10.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for cheese, blue-veined (not grated, powdered or processed) increased by +26.7% against 2016 indices. The most prominent rate of growth was recorded in 2014 when the average export price increased by 66% against the previous year. Over the period under review, the average export prices reached the maximum at $7,044 per ton in 2021, and then shrank slightly in the following year.

As there is only one major export destination, the average price level is determined by prices for El Salvador.

From 2012 to 2022, the rate of growth in terms of prices for El Salvador amounted to +10.2% per year.

Imports of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Guatemala

In 2022, the amount of cheese, blue-veined (not grated, powdered or processed) imported into Guatemala reduced to 24 tons, shrinking by -5.7% against 2021. In general, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +11.4% 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 +63.0% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 73% against the previous year. As a result, imports reached the peak of 26 tons, and then contracted in the following year.

In value terms, imports of cheese, blue-veined (not grated, powdered or processed) rose rapidly to $191K in 2022. Overall, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 91% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in years to come.

Import of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States31.437.771.212257.2%
Spain0.50.29.627.1278.4%
Denmark0.50.69.626.7276.6%
France33.415.037.09.5-34.2%
Italy9.52.67.95.7-15.7%
Netherlands29.525.629.7N/A0.3%
Others0.55.31.0N/A41.4%
Total10587.116619122.1%

Top Suppliers of Cheese, Blue-Veined (Not Grated, Powdered or Processed) to Guatemala in 2022:

  1. United States (15.9 tons)
  2. Denmark (3.5 tons)
  3. Spain (3.2 tons)
  4. France (1.3 tons)
  5. Italy (0.5 tons)

Exports of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Guatemala

In 2022, overseas shipments of cheese, blue-veined (not grated, powdered or processed) decreased by -5.1% to 150 kg for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +5.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 12% against the previous year.

In value terms, exports of cheese, blue-veined (not grated, powdered or processed) contracted to $1K in 2022. The total export value increased at an average annual rate of +9.7% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 20% against the previous year. As a result, the exports attained the peak of $1.1K, and then fell in the following year.

Export of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Guatemala (USD)
COUNTRY2019202020212022CAGR,
2019-2022
El Salvador7739271,1131,0209.7%
OthersN/AN/AN/AN/A0%
Total7739271,1131,0209.7%

Top Export Markets for Cheese, Blue-Veined (Not Grated, Powdered or Processed) from Guatemala in 2022:

  1. El Salvador (150.0 kg)

Source: IndexBox Market Intelligence Platform

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