Guatemala: Apple Market 2024

Apple Market Size in Guatemala

For the tenth year in a row, the Guatemalan apple market recorded growth in sales value, which increased by X% to $X in 2023. In general, the total consumption indicated a strong increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption increased by X% against 2013 indices. Over the period under review, the market attained the peak level in 2023 and is likely to see steady growth in the near future.

Apple Production in Guatemala

In value terms, apple production expanded markedly to $X in 2023 estimated in export price. Over the period under review, production, however, saw buoyant growth. The growth pace was the most rapid in 2018 when the production volume increased by X%. Over the period under review, production reached the maximum level at $X in 2021; however, from 2022 to 2023, production stood at a somewhat lower figure.

In 2023, the average apple yield in Guatemala reduced modestly to X tons per ha, remaining relatively unchanged against 2022. Overall, the yield, however, showed a mild increase. The most prominent rate of growth was recorded in 2015 with an increase of X%. The apple yield peaked at X tons per ha in 2016; however, from 2017 to 2023, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2023, approx. X ha of apples were harvested in Guatemala; therefore, remained relatively stable against the previous year. Overall, the harvested area recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, the harvested area attained the peak level of X ha. From 2014 to 2023, the growth of the apple harvested area remained at a somewhat lower figure.

Apple Exports

Exports from Guatemala

Apple exports from Guatemala shrank to X tons in 2023, reducing by X% on the previous year's figure. Overall, exports recorded a abrupt decline. The pace of growth was the most pronounced in 2013 when exports increased by X%. Over the period under review, the exports reached the peak figure at X tons in 2014; however, from 2015 to 2023, the exports stood at a somewhat lower figure.

In value terms, apple exports fell to $X in 2023. Over the period under review, exports recorded a pronounced slump. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2023, the exports remained at a lower figure.

Exports by Country

Honduras (X tons), El Salvador (X tons) and Nicaragua (X tons) were the main destinations of apple exports from Guatemala, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Honduras (with a CAGR of X%), while the other leaders experienced a decline.

In value terms, Honduras ($X) remains the key foreign market for apples exports from Guatemala, comprising X% of total exports. The second position in the ranking was taken by El Salvador ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Honduras totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: El Salvador (X% per year) and Nicaragua (X% per year).

Export Prices by Country

In 2022, the average apple export price amounted to $X per ton, reducing by X% against the previous year. In general, the export price, however, posted a prominent expansion. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. The export price peaked at $X per ton in 2021, and then contracted remarkably in the following year.

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 Honduras ($X per ton), while the average price for exports to Nicaragua ($X 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 Honduras (X%), while the prices for the other major destinations experienced more modest paces of growth.

Apple Imports

Imports into Guatemala

In 2023, approx. X tons of apples were imported into Guatemala; growing by X% compared with the year before. Over the period under review, imports recorded buoyant growth. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure in 2023 and are expected to retain growth in the immediate term.

In value terms, apple imports expanded notably to $X in 2023. Overall, imports continue to indicate a strong increase. The pace of growth appeared the most rapid in 2022 with an increase of X%. Imports peaked in 2023 and are likely to see steady growth in the immediate term.

Imports by Country

In 2022, Chile (X tons) constituted the largest supplier of apple to Guatemala, with a X% share of total imports. Moreover, apple imports from Chile exceeded the figures recorded by the second-largest supplier, the United States (X tons), threefold. The third position in this ranking was taken by France (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Chile stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and France (X% per year).

In value terms, Chile ($X) constituted the largest supplier of apples to Guatemala, comprising X% of total imports. The second position in the ranking was held by the United States ($X), with a X% share of total imports. It was followed by France, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Chile totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and France (X% per year).

Import Prices by Country

The average apple import price stood at $X per ton in 2022, growing by X% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. Over the period under review, average import prices attained the maximum at $X per ton in 2012; afterwards, it flattened through to 2022.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United States ($X per ton) and Spain ($X per ton), while the price for Portugal ($X per ton) and Italy ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform