Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Guatemala - 2023
Contents:
- Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Guatemala (CIF) - 2022
- Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Guatemala (FOB) - 2022
- Imports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Guatemala
- Exports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Guatemala
Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Guatemala (CIF) - 2022
In 2022, the average import price for cheese, other than blue-veined, grated, powdered or processed amounted to $4,704 per ton, jumping by 15% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($5,887 per ton), while the price for Honduras ($995 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 (+3.0%), while the prices for the other major suppliers experienced a decline.
Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Guatemala (FOB) - 2022
In 2022, the average export price for cheese, other than blue-veined, grated, powdered or processed amounted to $5,094 per ton, approximately equating the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average export price increased by 33%. Over the period under review, the average export prices attained the maximum at $6,568 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($5,949 per ton), while the average price for exports to Honduras ($3,280 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Costa Rica (+73.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Guatemala
In 2022, the amount of cheese, other than blue-veined, grated, powdered or processed imported into Guatemala stood at 4.9K tons, with an increase of 9.6% against the year before. Overall, imports, however, continue to indicate a pronounced slump.
In value terms, imports of cheese, other than blue-veined, grated, powdered or processed soared to $23M in 2022. The total import value increased at an average annual rate of +2.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Guatemala (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 13.8 | 10.6 | 12.1 | 16.4 | 5.9% |
| El Salvador | 1.7 | 1.5 | 1.5 | 2.0 | 5.6% |
| Mexico | 1.1 | 0.9 | 0.6 | 0.7 | -14.0% |
| Costa Rica | 0.4 | 0.3 | 0.3 | 0.5 | 7.7% |
| Germany | 0.1 | 0.4 | 0.7 | 0.5 | 71.0% |
| Honduras | 0.4 | 0.3 | 0.3 | 0.4 | 0.0% |
| Ireland | 0.8 | 0.3 | 0.3 | 0.4 | -20.6% |
| Others | 3.4 | 2.0 | 2.5 | 2.3 | -12.2% |
| Total | 21.5 | 16.2 | 18.3 | 23.1 | 2.4% |
Top Suppliers of Cheese, Other than Blue-Veined, Grated, Powdered or Processed to Guatemala in 2022:
- United States (2846.9 tons)
- Mexico (589.9 tons)
- El Salvador (478.5 tons)
- Honduras (377.2 tons)
- Costa Rica (170.5 tons)
- Germany (81.0 tons)
- Ireland (71.3 tons)
Exports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Guatemala
In 2022, approx. 111 tons of cheese, other than blue-veined, grated, powdered or processed were exported from Guatemala; rising by 290% against the previous year. Overall, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of cheese, other than blue-veined, grated, powdered or processed surged to $567K in 2022. In general, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| El Salvador | 109 | 122 | 132 | 463 | 62.0% |
| Honduras | N/A | N/A | N/A | 65.2 | 0% |
| United States | 1.9 | 25.1 | 8.2 | 27.7 | 144.3% |
| Nicaragua | 6.8 | N/A | 4.5 | 4.0 | -16.2% |
| Others | N/A | N/A | N/A | 7.0 | 0% |
| Total | 118 | 148 | 144 | 567 | 68.7% |
Top Export Markets for Cheese, Other than Blue-Veined, Grated, Powdered or Processed from Guatemala in 2022:
- El Salvador (85.0 tons)
- Honduras (19.9 tons)
- United States (4.7 tons)
- Nicaragua (0.6 tons)
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