Price for Seeds, Fruit and Spores; of A Kind Used for Sowing in Guatemala - 2023

Contents:

  1. Price for Seeds, Fruit and Spores; of A Kind Used for Sowing in Guatemala (CIF) - 2022
  2. Price for Seeds, Fruit and Spores; of A Kind Used for Sowing in Guatemala (FOB) - 2022
  3. Imports of Seeds, Fruit and Spores; of A Kind Used for Sowing in Guatemala
  4. Exports of Seeds, Fruit and Spores; of A Kind Used for Sowing in Guatemala

Price for Seeds, Fruit and Spores; of A Kind Used for Sowing in Guatemala (CIF) - 2022

In 2022, the average import price for seeds, fruit and spores; of a kind used for sowing amounted to $10,642 per ton, declining by -19.1% against the previous year. Over the period under review, the import price recorded a deep downturn. The pace of growth appeared the most rapid in 2013 when the average import price increased by 65% against the previous year. As a result, import price attained the peak level of $44,971 per ton. From 2014 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($60,443 per ton), while the price for Brazil ($2,968 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Seeds, Fruit and Spores; of A Kind Used for Sowing in Guatemala (FOB) - 2022

The average export price for seeds, fruit and spores; of a kind used for sowing stood at $100,361 per ton in 2022, increasing by 5.4% against the previous year. Over the period under review, the export price, however, continues to indicate a pronounced reduction. The pace of growth was the most pronounced in 2013 an increase of 92%. As a result, the export price reached the peak level of $304,424 per ton. From 2014 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($273,333 per ton), while the average price for exports to Brazil ($13,579 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 Belize (+11.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Seeds, Fruit and Spores; of A Kind Used for Sowing in Guatemala

In 2022, approx. 3.4K tons of seeds, fruit and spores; of a kind used for sowing were imported into Guatemala; picking up by 37% on 2021 figures. In general, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +18.9% 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 +68.2% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of seeds, fruit and spores; of a kind used for sowing rose rapidly to $36M in 2022. The total import value increased at an average annual rate of +11.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 15% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the immediate term.

Import of Seeds, Fruit and Spores; of A Kind Used for Sowing in Guatemala (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States9.910.010.57.7-8.0%
Brazil1.52.12.83.330.1%
PeruN/AN/A0.33.1933.3%
India0.30.51.22.397.2%
ChinaN/AN/A0.92.2144.4%
Indonesia2.12.02.61.7-6.8%
Israel1.22.41.71.57.7%
Netherlands7.77.54.71.5-42.0%
Thailand0.30.31.01.467.1%
Argentina0.1N/A0.20.681.7%
Mexico0.30.30.60.518.6%
Costa Rica0.10.40.60.458.7%
Belgium0.30.20.50.30.0%
Others2.12.44.99.666.0%
Total26.028.332.536.111.6%

Top Suppliers of Seeds, Fruit and Spores; of A Kind Used for Sowing to Guatemala in 2022:

  1. Brazil (1127.1 tons)
  2. Peru (983.6 tons)
  3. Israel (223.7 tons)
  4. United States (195.5 tons)
  5. India (158.5 tons)
  6. Argentina (87.7 tons)
  7. Indonesia (86.9 tons)
  8. Costa Rica (79.9 tons)
  9. Thailand (75.0 tons)
  10. China (62.1 tons)
  11. Mexico (49.2 tons)
  12. Belgium (41.0 tons)
  13. Netherlands (24.1 tons)

Exports of Seeds, Fruit and Spores; of A Kind Used for Sowing in Guatemala

In 2022, overseas shipments of seeds, fruit and spores; of a kind used for sowing decreased by -18.3% to 282 tons, falling for the second consecutive year after two years of growth. In general, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when exports increased by 30%. As a result, the exports attained the peak of 365 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of seeds, fruit and spores; of a kind used for sowing shrank to $28M in 2022. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 12% against the previous year. As a result, the exports reached the peak of $33M, and then dropped in the following year.

Export of Seeds, Fruit and Spores; of A Kind Used for Sowing in Guatemala (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands16.815.118.110.2-15.3%
United States5.16.46.97.915.7%
Honduras1.82.12.52.917.2%
El Salvador0.60.81.00.810.1%
Costa Rica0.30.10.20.518.6%
BrazilN/AN/AN/A0.20%
Belize0.10.30.30.226.0%
Others3.64.63.85.716.6%
Total28.329.432.928.30.0%

Top Export Markets for Seeds, Fruit and Spores; of A Kind Used for Sowing from Guatemala in 2022:

  1. Honduras (128.0 tons)
  2. United States (55.1 tons)
  3. Netherlands (37.3 tons)
  4. El Salvador (21.7 tons)
  5. Brazil (15.5 tons)
  6. Costa Rica (8.8 tons)
  7. Belize (5.6 tons)

Source: IndexBox Market Intelligence Platform

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