Guatemala: Leek Market 2024

Leek Market Size in Guatemala

In 2023, the Guatemalan leek market was finally on the rise to reach $X after four years of decline. In general, consumption showed buoyant growth. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2023, consumption remained at a lower figure.

Leek Production in Guatemala

In value terms, leek production fell to $X in 2023 estimated in export price. In general, production, however, continues to indicate a relatively flat trend pattern. The growth pace was 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 2023, production growth remained at a lower figure.

In 2023, the average yield of leeks and other alliaceous vegetables in Guatemala was estimated at less than X kg per ha, therefore, remained relatively stable against the previous year's figure. Overall, the yield recorded a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2023, approx. less than X ha of leeks and other alliaceous vegetables were harvested in Guatemala; almost unchanged from the previous year's figure. Overall, the harvested area recorded a relatively flat trend pattern.

Leek Exports

Exports from Guatemala

In 2023, overseas shipments of leeks and other alliaceous vegetables decreased by X% to X tons for the first time since 2018, thus ending a four-year rising trend. In general, exports recorded a slight decrease. The growth pace was the most rapid in 2022 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons, and then reduced remarkably in the following year.

In value terms, leek exports plummeted to $X in 2023. Overall, exports showed a abrupt decline. The pace of growth was the most pronounced in 2022 when exports increased by X%. Over the period under review, the exports attained the peak figure at $X in 2016; however, from 2017 to 2023, the exports failed to regain momentum.

Exports by Country

Honduras (X tons) was the main destination for leek exports from Guatemala, accounting for a X% share of total exports. Moreover, leek exports to Honduras exceeded the volume sent to the second major destination, El Salvador (X tons), more than tenfold.

From 2012 to 2023, the average annual rate of growth in terms of volume to Honduras amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: El Salvador (X% per year) and the United States (X% per year).

In value terms, Honduras ($X) remains the key foreign market for leeks and other alliaceous vegetables exports from Guatemala, comprising X% of total exports. The second position in the ranking was held by the United States ($X), with a X% share of total exports.

From 2012 to 2023, the average annual rate of growth in terms of value to Honduras totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and El Salvador (X% per year).

Export Prices by Country

In 2023, the average leek export price amounted to $X per ton, dropping by X% against the previous year. In general, the export price faced a drastic downturn. The most prominent rate of growth was recorded in 2013 when the average export price increased by X%. The export price peaked at $X per ton in 2018; however, from 2019 to 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2023, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Honduras ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (X%), while the prices for the other major destinations experienced mixed trend patterns.

Leek Imports

Imports into Guatemala

In 2023, approx. X kg of leeks and other alliaceous vegetables were imported into Guatemala; reducing by X% compared with 2022. In general, imports showed a precipitous setback. The most prominent rate of growth was recorded in 2022 with an increase of X% against the previous year. As a result, imports attained the peak of X tons, and then contracted dramatically in the following year.

In value terms, leek imports contracted significantly to $X in 2023. Over the period under review, imports, however, saw a prominent increase. The pace of growth appeared the most rapid in 2022 with an increase of X%. As a result, imports attained the peak of $X, and then plummeted in the following year.

Imports by Country

In 2023, the United States (X kg) constituted the largest supplier of leek to Guatemala, with a X% share of total imports. Moreover, leek imports from the United States exceeded the figures recorded by the second-largest supplier, Panama (X kg), sevenfold.

From 2012 to 2023, the average annual growth rate of volume from the United States amounted to X%.

In value terms, the United States ($X) constituted the largest supplier of leeks and other alliaceous vegetables to Guatemala, comprising X% of total imports. The second position in the ranking was taken by Panama ($X), with an X% share of total imports.

From 2012 to 2023, the average annual rate of growth in terms of value from the United States totaled X%.

Import Prices by Country

In 2023, the average leek import price amounted to $X per ton, rising by X% against the previous year. Overall, the import price enjoyed significant growth. The import price peaked at $X per ton in 2021; however, from 2022 to 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Panama ($X per ton), while the price for the United States amounted to $X per ton.

From 2012 to 2023, 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 a decline.

Source: IndexBox Platform