Report Update Apr 1, 2024

Guatemala - Frozen Hams, Shoulders and Cuts of Pig Meat - Market Analysis, Forecast, Size, Trends and Insights

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Guatemala: Frozen Pork Cut Market 2024

Frozen Pork Cut Market Size in Guatemala

The Guatemalan frozen pork cut market contracted significantly to $X in 2022, with a decrease of -37.3% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, showed significant growth. As a result, consumption reached the peak level of $X, and then declined markedly in the following year.

Frozen Pork Cut Exports

Exports from Guatemala

In 2022, the amount of frozen hams, shoulders and cuts of pig meat exported from Guatemala skyrocketed to X tons, increasing by 59% against 2021 figures. Over the period under review, total exports indicated a significant increase from 2021 to 2022: its volume increased at an average annual rate of +59.2% over the last one years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, frozen pork cut exports fell slightly to $X in 2022. Overall, exports, however, saw a slight decline. Over the period under review, the exports hit record highs at $X in 2021, and then declined in the following year.

Exports by Country

El Salvador (X tons) was the main destination for frozen pork cut exports from Guatemala, with a approx. 100% share of total exports.

From 2021 to 2022, the average annual growth rate of volume to El Salvador stood at +59.2%.

In value terms, El Salvador ($X) also remains the key foreign market for frozen hams, shoulders and cuts of pig meat exports from Guatemala.

From 2021 to 2022, the average annual growth rate of value to El Salvador amounted to -1.5%.

Export Prices by Country

In 2022, the average frozen pork cut export price amounted to $X per ton, waning by -38.1% against the previous year. In general, the export price recorded a significant decrease. The export price peaked at $X per ton in 2021, and then contracted significantly in the following year.

As there is only one major export destination, the average price level is determined by prices for El Salvador.

From 2021 to 2022, the rate of growth in terms of prices for El Salvador amounted to -38.1% per year.

Frozen Pork Cut Imports

Imports into Guatemala

In 2022, frozen pork cut imports into Guatemala shrank remarkably to X tons, dropping by -44.1% on the previous year. In general, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 250%. As a result, imports reached the peak of X tons, and then fell markedly in the following year.

In value terms, frozen pork cut imports shrank sharply to $X in 2022. Overall, imports, however, posted significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 308% against the previous year. As a result, imports reached the peak of $X, and then reduced markedly in the following year.

Imports by Country

In 2022, the United States (X tons) was the main supplier of frozen pork cut to Guatemala, accounting for a approx. 100% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from the United States stood at +22.4%.

In value terms, the United States ($X) constituted the largest supplier of frozen hams, shoulders and cuts of pig meat to Guatemala.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States stood at +22.6%.

Import Prices by Country

The average frozen pork cut import price stood at $X per ton in 2022, growing by 16% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 16% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +0.1% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for frozen hams, shoulders and cuts of pig meat in the world?

The countries with the highest volumes of consumption in 2022 were China, Germany and Spain, with a combined 31% share of global consumption. The United States, Italy, Russia, Brazil, Indonesia, Mexico, Canada, Bangladesh, Turkey and the UK lagged somewhat behind, together comprising a further 38%.

What are the largest producers of frozen hams, shoulders and cuts of pig meat in the world?

The countries with the highest volumes of production in 2022 were Spain, Germany and the United States, together accounting for 30% of global production. Canada, Russia, Brazil, Italy, Indonesia, Mexico, the Netherlands, the UK, Bangladesh and Turkey lagged somewhat behind, together comprising a further 42%.

What are the leading suppliers of frozen hams, shoulders and cuts of pig meat to Guatemala?

In value terms, the United States constituted the largest supplier of frozen hams, shoulders and cuts of pig meat to Guatemala.

What are the leading importers of frozen hams, shoulders and cuts of pig meat from Guatemala?

In value terms, El Salvador remains the key foreign market for frozen hams, shoulders and cuts of pig meat exports from Guatemala.

What is the average export price for frozen hams, shoulders and cuts of pig meat in Guatemala?

In 2022, the average frozen pork cut export price amounted to $4,118 per ton, declining by -38.1% against the previous year.

What is the average import price for frozen hams, shoulders and cuts of pig meat in Guatemala?

In 2022, the average frozen pork cut import price amounted to $2,545 per ton, jumping by 16% against the previous year.

This report provides an in-depth analysis of the frozen pork cut market in Guatemala. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 10113250 - Frozen hams, shoulders and cuts with bone in, of pig meat

Country coverage:

Guatemala

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Guatemala
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Producing Animals Slaughtered, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023