Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Guatemala - 2023
Contents:
- Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Guatemala (CIF) - 2022
- Imports of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Guatemala
Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Guatemala (CIF) - 2022
The average import price for frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) stood at $11,594 per ton in 2022, with an increase of 54% against the previous year. In general, import price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +5.2% per year.
Imports of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Guatemala
In 2022, after three years of growth, there was significant decline in purchases abroad of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses), when their volume decreased by -67.6% to 6.1 tons. In general, imports faced a dramatic curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 29%. As a result, imports attained the peak of 19 tons, and then contracted notably in the following year.
In value terms, imports of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) fell notably to $70K in 2022. Overall, imports recorded a deep setback. The growth pace was the most rapid in 2020 when imports increased by 26% against the previous year. As a result, imports reached the peak of $151K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 119 | 151 | 141 | 70.0 | -16.2% |
| Others | N/A | N/A | N/A | 0.4 | 0% |
| Total | 119 | 151 | 141 | 70.4 | -16.1% |
Top Suppliers of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) to Guatemala in 2022:
- United States (6.1 tons)
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