Guatemala: Grape Market 2024

Grape Market Size in Guatemala

In 2022, the Guatemalan grape market increased by X% to $X, rising for the second year in a row after two years of decline. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Grape Production in Guatemala

In value terms, grape production declined slightly to $X in 2022 estimated in export price. In general, production enjoyed a notable expansion. The pace of growth appeared the most rapid in 2018 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

In 2022, the average grape yield in Guatemala shrank slightly to X tons per ha, standing approx. at 2021. Overall, the yield, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the yield increased by X% against the previous year. As a result, the yield reached the peak level of X tons per ha; afterwards, it flattened through to 2022. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the harvested area of grapes in Guatemala reached X ha, therefore, remained relatively stable against the year before. In general, the harvested area recorded a relatively flat trend pattern. The growth pace was the most rapid in 2015 with an increase of X%. The grape harvested area peaked at X ha in 2017; however, from 2018 to 2022, the harvested area stood at a somewhat lower figure.

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Grape Exports

Exports from Guatemala

Grape exports from Guatemala surged to X tons in 2022, jumping by X% compared with 2021. In general, exports saw pronounced growth. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, grape exports surged to $X in 2022. Overall, exports, however, showed a noticeable decrease. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Honduras (X tons) was the main destination for grape exports from Guatemala, accounting for a X% share of total exports. It was followed by El Salvador (X tons), with a X% share of total exports.

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

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

From 2012 to 2022, the average annual rate of growth in terms of value to Honduras totaled X%.

Export Prices by Country

The average grape export price stood at $X per ton in 2022, approximately reflecting the previous year. In general, the export price saw a abrupt descent. The pace of growth was the most pronounced in 2018 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2019 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was El Salvador ($X per ton), while the average price for exports to Honduras stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to El Salvador (X%), while the prices for the other major destinations experienced a decline.

Grape Imports

Imports into Guatemala

In 2022, approx. X tons of grapes were imported into Guatemala; with an increase of X% against the previous year. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2018 with an increase of X%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, grape imports skyrocketed to $X in 2022. Over the period under review, total imports indicated a perceptible increase from 2012 to 2022: its value 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, imports increased by X% against 2017 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The United States (X tons), Peru (X tons) and Chile (X tons) were the main suppliers of grape imports to Guatemala, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Peru (with a CAGR of X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest grape suppliers to Guatemala were the United States ($X), Peru ($X) and Chile ($X), together comprising X% of total imports.

In terms of the main suppliers, Peru, with a CAGR of X%, saw 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 grape import price amounted to $X per ton, surging by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2017 when the average import price increased by X%. The import price peaked in 2022 and is expected to retain 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 the United States ($X per ton) and Peru ($X per ton), while the price for Chile ($X per ton) and Mexico ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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