Price for Vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumption in Guatemala - 2023

Contents:

1. Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Guatemala (CIF) - 2022
2. Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Guatemala (FOB) - 2022
3. Imports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Guatemala
4. Exports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Guatemala

Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Guatemala (CIF) - 2022

In 2022, the average import price for vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia amounted to $1,512 per ton, increasing by 8% against the previous year. Over the period under review, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia increased by +10.4% against 2020 indices. The pace of growth appeared the most rapid in 2017 when the average import price increased by 54% against the previous year. As a result, import price reached the peak level of $1,853 per ton. From 2018 to 2022, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Spain.

From 2012 to 2022, the rate of growth in terms of prices for Argentina amounted to +7.2% per year.

Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Guatemala (FOB) - 2022

The average export price for vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia stood at $319 per ton in 2022, picking up by 17% against the previous year. In general, the export price, however, showed a deep contraction. Over the period under review, the average export prices attained the peak figure at $647 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was El Salvador ($1,532 per ton), while the average price for exports to Honduras ($79 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 El Salvador (+4.4%), while the prices for the other major destinations experienced a decline.

Imports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Guatemala

In 2022, imports of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia into Guatemala reduced dramatically to 45 tons, which is down by -41.5% on the previous year's figure. In general, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 248%. As a result, imports attained the peak of 77 tons, and then fell remarkably in the following year.

In value terms, imports of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia dropped rapidly to $69K in 2022. Over the period under review, imports, however, showed prominent growth. The growth pace was the most rapid in 2021 when imports increased by 255%. As a result, imports reached the peak of $108K, and then dropped rapidly in the following year.

Top Suppliers of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption to Guatemala in 2022:

1. Spain (45.3 tons)

Exports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Guatemala

In 2022, the amount of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia exported from Guatemala surged to 1 tons, picking up by 122% on 2021 figures. Over the period under review, exports, however, recorded a abrupt curtailment.

In value terms, exports of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia skyrocketed to $325 in 2022. In general, exports, however, continue to indicate a dramatic downturn.

Top Export Markets for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption from Guatemala in 2022:

1. Nicaragua (579.0 kg)
2. Honduras (316.0 kg)
3. El Salvador (124.0 kg)

Source: IndexBox Market Intelligence Platform