Guatemala: Citrus Fruit Market 2024

Citrus Fruit Market Size in Guatemala

In 2022, the Guatemalan citrus fruit market decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market remained at a somewhat lower figure.

Citrus Fruit Production in Guatemala

In value terms, citrus fruit production stood at $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a remarkable increase. The pace of growth was the most pronounced in 2020 when the production volume increased by X% against the previous year. Citrus fruit production peaked at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

In 2022, the average yield of citrus fruits in Guatemala reduced slightly to X tons per ha, leveling off at 2021. The yield figure increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, the average citrus fruit yield reached the maximum level at X tons per ha in 2016; however, from 2017 to 2022, 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 2022, approx. X ha of citrus fruits were harvested in Guatemala; leveling off at the year before. Overall, the harvested area, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the harvested area increased by X% against the previous year. As a result, the harvested area attained the peak level of X ha. From 2014 to 2022, the growth of the citrus fruit harvested area remained at a lower figure.

Citrus Fruit Exports

Exports from Guatemala

In 2022, overseas shipments of citrus fruits increased by X% to X tons, rising for the second year in a row after two years of decline. Over the period under review, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, citrus fruit exports expanded markedly to $X in 2022. Overall, exports enjoyed a measured increase. The pace of growth was the most pronounced in 2017 when exports increased by X%. Over the period under review, the exports attained the peak figure at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X tons), El Salvador (X tons) and the Netherlands (X tons) were the main destinations of citrus fruit exports from Guatemala, with a combined X% share of total exports. Honduras, Iraq, the UK and Saudi Arabia lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for the UK (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for citrus fruits exports from Guatemala, comprising X% of total exports. The second position in the ranking was held by the Netherlands ($X), with a X% share of total exports. It was followed by Iraq, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (X% per year) and Iraq (X% per year).

Export Prices by Country

The average citrus fruit export price stood at $X per ton in 2022, with an increase of X% against the previous year. Overall, export price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, citrus fruit export price decreased by X% against 2018 indices. The growth pace was the most rapid in 2014 an increase of X%. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Iraq ($X per ton), while the average price for exports to El Salvador ($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 the Netherlands (X%), while the prices for the other major destinations experienced more modest paces of growth.

Citrus Fruit Imports

Imports into Guatemala

After three years of growth, purchases abroad of citrus fruits decreased by X% to X tons in 2022. In general, imports saw a mild descent. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2021, and then dropped sharply in the following year.

In value terms, citrus fruit imports shrank to $X in 2022. Over the period under review, imports showed a slight shrinkage. The pace of growth was the most pronounced in 2020 when imports increased by X%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Honduras (X tons) was the main supplier of citrus fruit to Guatemala, accounting for a X% share of total imports. It was followed by Peru (X tons), with a X% share of total imports. The third position in this ranking was held by Chile (X tons), with a X% share.

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

In value terms, the largest citrus fruit suppliers to Guatemala were Peru ($X), the United States ($X) and Honduras ($X), together accounting for X% of total imports. Chile and Mexico lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Chile, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average citrus fruit import price amounted to $X per ton, rising by X% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The import price peaked at $X per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Honduras ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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