Guatemala: Vegetable And Melon Market 2024

Vegetable And Melon Market Size in Guatemala

In 2022, the Guatemalan vegetable and melon market was finally on the rise to reach $X after two years of decline. In general, the total consumption indicated a temperate expansion 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. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market failed to regain momentum.

Vegetable And Melon Production in Guatemala

In value terms, vegetable and melon production fell to $X in 2022 estimated in export price. Overall, the total production 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, production decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, production reached the peak level of $X; afterwards, it flattened through to 2022.

The average yield of vegetables and melons in Guatemala reduced slightly to X tons per ha in 2022, therefore, remained relatively stable against 2021. The yield figure increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2014 when the yield increased by X% against the previous year. Over the period under review, the average vegetable and melon yield hit record highs at X tons per ha in 2021, and then contracted slightly in the following year. 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 vegetables and melons were harvested in Guatemala; approximately equating the previous year. The harvested area increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The growth pace was the most rapid in 2019 when the harvested area increased by X%. Over the period under review, the harvested area dedicated to vegetable and melon production reached the maximum at X ha in 2020; however, from 2021 to 2022, the harvested area failed to regain momentum.

Vegetable And Melon Exports

Exports from Guatemala

For the third year in a row, Guatemala recorded growth in overseas shipments of vegetables and melons, which increased by X% to X tons in 2022. Over the period under review, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, vegetable and melon exports expanded rapidly to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 when exports increased by X% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

The United States (X tons), El Salvador (X tons) and Honduras (X tons) were the main destinations of vegetable and melon exports from Guatemala, together comprising X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Honduras (with a CAGR of X%), while shipments for the other leaders experienced mixed trend patterns.

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

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

Export Prices by Country

In 2022, the average vegetable and melon export 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%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: 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 2022, the most notable rate of growth in terms of prices was recorded for supplies to Honduras (X%), while the prices for the other major destinations experienced more modest paces of growth.

Vegetable And Melon Imports

Imports into Guatemala

In 2022, supplies from abroad of vegetables and melons increased by X% to X tons, rising for the fourth year in a row after two years of decline. Over the period under review, imports, however, showed a perceptible descent. The pace of growth appeared the most rapid in 2019 with an increase of X%. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, vegetable and melon imports surged to $X in 2022. In general, imports posted a prominent increase. The growth pace was the most rapid in 2019 when imports increased by X%. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

The Netherlands (X tons), Honduras (X tons) and the United States (X tons) were the main suppliers of vegetable and melon imports to Guatemala, with a combined X% share of total imports. Mexico, Canada, China, Nicaragua and Belgium lagged somewhat behind, together accounting for a further X%.

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

In value terms, the United States ($X), the Netherlands ($X) and China ($X) appeared to be the largest vegetable and melon suppliers to Guatemala, with a combined X% share of total imports. Mexico, Canada, Honduras, Nicaragua and Belgium lagged somewhat behind, together accounting for a further X%.

Nicaragua, with a CAGR of X%, recorded the highest rates of growth with regard to 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

The average vegetable and melon import price stood at $X per ton in 2022, increasing by X% against the previous year. In general, the import price showed a remarkable increase. The most prominent rate of growth was recorded in 2017 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2018; however, from 2019 to 2022, 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 Belgium ($X per ton), while the price for Honduras ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :