Guatemala: Market for Frozen And Fresh Or Chilled Skipjack Tuna 2024

Market Size for Frozen And Fresh Or Chilled Skipjack Tuna in Guatemala

In 2022, the Guatemalan market for frozen and fresh or chilled skipjack tuna increased by X% to $X, rising for the second year in a row after two years of decline. Overall, consumption recorded buoyant growth. Over the period under review, the market attained the peak level in 2022 and is likely to continue growth in the immediate term.

Production of Frozen And Fresh Or Chilled Skipjack Tuna in Guatemala

In value terms, production of frozen and fresh or chilled skipjack tuna fell to $X in 2022 estimated in export price. Overall, production, however, saw a noticeable contraction. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2022, production of growth remained at a somewhat lower figure.

Exports of Frozen And Fresh Or Chilled Skipjack Tuna

Exports from Guatemala

In 2022, overseas shipments of frozen and fresh or chilled skipjack tuna decreased by X% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, recorded measured growth. The growth pace was the most rapid in 2015 when exports increased by X% against the previous year. Over the period under review, the exports of hit record highs at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of frozen and fresh or chilled skipjack tuna reached $X in 2022. Overall, exports, however, showed a mild increase. The most prominent rate of growth was recorded in 2017 when exports increased by X%. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

Spain (X tons) was the main destination for exports of frozen and fresh or chilled skipjack tuna from Guatemala, accounting for a X% share of total exports. Moreover, exports of frozen and fresh or chilled skipjack tuna to Spain exceeded the volume sent to the second major destination, Peru (X tons), sixfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Spain amounted to X%.

In value terms, Spain ($X) remains the key foreign market for frozen and fresh or chilled skipjack tuna exports from Guatemala, comprising X% of total exports. The second position in the ranking was held by Peru ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Spain was relatively modest.

Export Prices by Country

In 2022, the average export price for frozen and fresh or chilled skipjack tuna amounted to $X per ton, increasing by X% against the previous year. Overall, the export price, however, saw a perceptible downturn. The pace of growth was the most pronounced in 2017 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Peru ($X per ton), while the average price for exports to Spain totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (X%).

Imports of Frozen And Fresh Or Chilled Skipjack Tuna

Imports into Guatemala

In 2022, purchases abroad of frozen and fresh or chilled skipjack tuna increased by X% to X tons, rising for the second year in a row after two years of decline. Overall, imports saw significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of frozen and fresh or chilled skipjack tuna skyrocketed to $X in 2022. Over the period under review, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports of attained the maximum in 2022 and are likely to continue growth in the immediate term.

Imports by Country

Seychelles (X tons), Spain (X tons) and Tanzania (X tons) were the main suppliers of imports of frozen and fresh or chilled skipjack tuna to Guatemala, with a combined X% share of total imports.

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

In value terms, the largest frozen and fresh or chilled skipjack tuna suppliers to Guatemala were Seychelles ($X), Spain ($X) and Tanzania ($X), together comprising X% of total imports.

Spain, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main suppliers 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 import price for frozen and fresh or chilled skipjack tuna amounted to $X per ton, rising by X% against the previous year. In general, the import price showed a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Tanzania ($X per ton) and Spain ($X per ton), while the price for Brazil ($X per ton) and Panama ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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