Report Update: May 1, 2024

Guatemala - Frozen Freshwater Fish - Market Analysis, Forecast, Size, Trends And Insights

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Frozen Freshwater Fish Price in Guatemala - 2023

Frozen Freshwater Fish Price in Guatemala (CIF) - 2022

In 2022, the average frozen freshwater fish import price amounted to $3,189 per ton, surging by 23% against the previous year. Overall, the import price showed strong growth. The pace of growth appeared the most rapid in 2019 an increase of 686%. Over the period under review, average import prices hit record highs at $3,706 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Honduras ($3,242 per ton), while the price for China totaled $3,028 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+17.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Frozen Freshwater Fish Price in Guatemala (FOB) - 2022

In 2022, the average frozen freshwater fish export price amounted to $2,335 per ton, with an increase of 2.4% against the previous year. Overall, the export price, however, continues to indicate a pronounced curtailment. The pace of growth appeared the most rapid in 2015 when the average export price increased by 11%. The export price peaked at $3,135 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($2,831 per ton), while the average price for exports to Spain amounted to $237 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Dominican Republic (+5.1%), while the prices for the other major destinations experienced a decline.

Frozen Freshwater Fish Imports in Guatemala

In 2022, after three years of growth, there was significant decline in overseas purchases of frozen freshwater fish, when their volume decreased by -45.9% to 59 tons. Overall, imports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 207% against the previous year. As a result, imports reached the peak of 110 tons, and then dropped notably in the following year.

In value terms, frozen freshwater fish imports fell remarkably to $190K in 2022. In general, imports, however, showed significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 199%. As a result, imports attained the peak of $285K, and then fell rapidly in the following year.

Import of Frozen Freshwater Fish in Guatemala (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Honduras	N/A	N/A	87.2	145	66.3%
China	N/A	N/A	126	44.7	-64.5%
South Korea	N/A	0.9	2.3	N/A	155.6%
Senegal	N/A	37.4	N/A	N/A	0%
United States	47.9	57.0	69.1	N/A	20.1%
Others	N/A	N/A	N/A	N/A	0%
Total	47.9	95.3	285	190	58.3%

Top Suppliers of Frozen Freshwater Fish to Guatemala in 2022:

Honduras (44.7 tons)
China (14.8 tons)

Frozen Freshwater Fish Exports in Guatemala

After two years of decline, overseas shipments of frozen freshwater fish increased by 560% to 17 tons in 2022. Over the period under review, exports, however, continue to indicate a dramatic curtailment.

In value terms, frozen freshwater fish exports soared to $39K in 2022. Overall, exports, however, faced a sharp decline.

Export of Frozen Freshwater Fish in Guatemala (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	172	45.8	5.4	38.3	-39.4%
Spain	N/A	N/A	N/A	0.4	0%
Canada	N/A	14.5	N/A	N/A	0%
Others	N/A	N/A	0.3	0.4	33.3%
Total	172	60.3	5.8	39.0	-39.0%

Top Export Markets for Frozen Freshwater Fish from Guatemala in 2022:

United States (13.5 tons)
Spain (1.6 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the frozen freshwater fish 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 10201360 - Frozen whole fresh water fish

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
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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. TOP EXPORTING COUNTRIES
4. 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 VOLUME AND VALUE
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. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023