Price for Cheese of All Kinds, Grated or Powdered in Guatemala - 2023
Contents:
- Price for Cheese of All Kinds, Grated or Powdered in Guatemala (CIF) - 2022
- Price for Cheese of All Kinds, Grated or Powdered in Guatemala (FOB) - 2022
- Imports of Cheese of All Kinds, Grated or Powdered in Guatemala
- Exports of Cheese of All Kinds, Grated or Powdered in Guatemala
Price for Cheese of All Kinds, Grated or Powdered in Guatemala (CIF) - 2022
In 2022, the average import price for cheese of all kinds, grated or powdered amounted to $5,546 per ton, picking up by 17% against the previous year. Over the period under review, the import price continues to indicate modest growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were New Zealand ($5,649 per ton) and the United States ($5,644 per ton), while the price for Denmark ($4,198 per ton) and El Salvador ($5,605 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+1.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cheese of All Kinds, Grated or Powdered in Guatemala (FOB) - 2022
The average export price for cheese of all kinds, grated or powdered stood at $5,880 per ton in 2022, jumping by 32% against the previous year. In general, export price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 an increase of 85%. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.
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 Honduras amounted to +3.8% per year.
Imports of Cheese of All Kinds, Grated or Powdered in Guatemala
In 2022, the amount of cheese of all kinds, grated or powdered imported into Guatemala soared to 13K tons, picking up by 20% on the year before. Overall, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +20.0% 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 +72.6% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 23%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of cheese of all kinds, grated or powdered soared to $74M in 2022. Over the period under review, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Cheese of All Kinds, Grated or Powdered in Guatemala (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 19.2 | 20.9 | 24.2 | 40.1 | 27.8% |
| El Salvador | 13.4 | 20.1 | 23.9 | 28.8 | 29.1% |
| New Zealand | 2.5 | 2.3 | 2.8 | 2.1 | -5.6% |
| Denmark | 0.2 | 0.6 | 1.0 | 1.7 | 104.1% |
| Others | 1.0 | 1.0 | 1.1 | 1.6 | 17.0% |
| Total | 36.3 | 44.9 | 53.0 | 74.3 | 27.0% |
Top Suppliers of Cheese of All Kinds, Grated or Powdered to Guatemala in 2022:
- United States (7.1K tons)
- El Salvador (5.1K tons)
- Denmark (0.4K tons)
- New Zealand (0.4K tons)
Exports of Cheese of All Kinds, Grated or Powdered in Guatemala
In 2022, approx. 2.4 tons of cheese of all kinds, grated or powdered were exported from Guatemala; shrinking by -51.8% compared with the year before. Over the period under review, exports continue to indicate a precipitous descent. The smallest decline of -37.5% was in 2020.
In value terms, exports of cheese of all kinds, grated or powdered dropped notably to $14K in 2022. In general, exports showed a dramatic shrinkage.
| Export of Cheese of All Kinds, Grated or Powdered in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| El Salvador | 5.6 | 1.8 | 0.2 | 13.8 | 35.1% |
| Nicaragua | 0.8 | 0.4 | 0.1 | N/A | -64.6% |
| Honduras | 86.4 | 55.1 | 19.3 | N/A | -52.7% |
| Netherlands | N/A | N/A | 2.0 | N/A | 0% |
| Others | 0.7 | 0.3 | 0.1 | N/A | -62.2% |
| Total | 93.5 | 57.7 | 21.8 | 13.8 | -47.2% |
Top Export Markets for Cheese of All Kinds, Grated or Powdered from Guatemala in 2022:
- El Salvador (2.4 tons)
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