Guatemala - Dog And Cat Food - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Dog and Cat Food in Guatemala - 2023
Contents:
- Price for Dog and Cat Food in Guatemala (CIF) - 2023
- Price for Dog and Cat Food in Guatemala (FOB) - 2022
- Imports of Dog and Cat Food in Guatemala
- Exports of Dog and Cat Food in Guatemala
Price for Dog and Cat Food in Guatemala (CIF) - 2023
In October 2023, the average dog and cat food import price amounted to $1,655 per ton, with an increase of 13% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.4%. The growth pace was the most rapid in April 2023 when the average import price increased by 14% m-o-m. Over the period under review, average import prices reached the peak figure in October 2023.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was the United States ($2,213 per ton), while the price for El Salvador ($939 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Mexico (+2.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Dog and Cat Food in Guatemala (FOB) - 2022
In 2022, the average dog and cat food export price amounted to $886 per ton, rising by 19% against the previous year. Overall, export price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, dog and cat food export price increased by +78.7% against 2014 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Panama ($1,125 per ton) and the Dominican Republic ($1,081 per ton), while the average price for exports to Honduras ($811 per ton) and Belize ($856 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 (+8.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Dog and Cat Food in Guatemala
Dog and cat food imports into Guatemala stood at 45K tons in 2022, with an increase of 3.3% on the previous year's figure. The total import volume increased at an average annual rate of +10.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 27%. Imports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, dog and cat food imports soared to $61M in 2022. In general, imports showed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 43%. Imports peaked in 2022 and are likely to continue growth in the near future.
| Import of Dog and Cat Food in Guatemala (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 10.3 | 13.8 | 21.1 | 24.7 | 33.9% |
| United States | 10.1 | 9.6 | 14.8 | 15.9 | 16.3% |
| Honduras | 3.3 | 3.8 | 6.3 | 9.1 | 40.2% |
| El Salvador | 5.1 | 4.6 | 5.5 | 6.5 | 8.4% |
| Brazil | 0.2 | 0.5 | 1.1 | 1.9 | 111.8% |
| Panama | 2.9 | 1.6 | N/A | N/A | -44.8% |
| Others | 1.0 | 1.3 | 1.6 | 2.5 | 35.7% |
| Total | 32.9 | 35.2 | 50.4 | 60.5 | 22.5% |
Top Suppliers of Dog and Cat Food to Guatemala in 2022:
- Mexico (18.2K tons)
- Honduras (9.8K tons)
- El Salvador (7.6K tons)
- United States (7.5K tons)
- Brazil (1.1K tons)
Exports of Dog and Cat Food in Guatemala
In 2022, approx. 59K tons of dog and cat food were exported from Guatemala; with an increase of 6.8% compared with the previous year. In general, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +18.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +67.5% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 27%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.
In value terms, dog and cat food exports skyrocketed to $52M in 2022. Overall, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 39% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in years to come.
| Export of Dog and Cat Food in Guatemala (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Honduras | 8.7 | 11.7 | 15.9 | 21.7 | 35.6% |
| El Salvador | 8.2 | 11.6 | 15.7 | 18.8 | 31.9% |
| Dominican Republic | 0.4 | 0.5 | 1.8 | 3.1 | 97.9% |
| Panama | 0.5 | 1.2 | 2.2 | 2.8 | 77.6% |
| Nicaragua | 2.1 | 2.4 | 2.7 | 2.8 | 10.1% |
| Belize | 1.4 | 1.5 | 1.7 | 2.3 | 18.0% |
| Costa Rica | 0.5 | 0.8 | 0.8 | 0.7 | 11.9% |
| Others | N/A | N/A | 0.1 | N/A | 0% |
| Total | 21.9 | 29.5 | 40.9 | 52.1 | 33.5% |
Top Export Markets for Dog and Cat Food from Guatemala in 2022:
- Honduras (26.8K tons)
- El Salvador (20.1K tons)
- Nicaragua (3.2K tons)
- Dominican Republic (2.9K tons)
- Belize (2.7K tons)
- Panama (2.5K tons)
- Costa Rica (0.7K tons)
This report provides an in-depth analysis of the market for dog and cat food 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 10921030 - Dog or cat food, p.r.s.
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
-
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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