Guatemala - Chocolate Bars with Cereals, Fruit or Nuts - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Cereal, Fruit or Nut Chocolate Bar in Guatemala - 2023
Contents:
- Price for Cereal, Fruit or Nut Chocolate Bar in Guatemala (CIF) - 2023
- Price for Cereal, Fruit or Nut Chocolate Bar in Guatemala (FOB) - 2023
- Imports of Cereal, Fruit or Nut Chocolate Bar in Guatemala
- Exports of Cereal, Fruit or Nut Chocolate Bar in Guatemala
Price for Cereal, Fruit or Nut Chocolate Bar in Guatemala (CIF) - 2023
The average import price for chocolate bars with cereals, fruit or nuts stood at $6,019 per ton in October 2023, surging by 4.5% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +2.5%. The most prominent rate of growth was recorded in November 2022 when the average import price increased by 33% month-to-month. Over the period under review, average import prices reached the maximum at $6,349 per ton in July 2023; however, from August 2023 to October 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was the United States ($10,086 per ton), while the price for Costa Rica ($2,134 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Mexico (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cereal, Fruit or Nut Chocolate Bar in Guatemala (FOB) - 2023
In October 2023, the average export price for chocolate bars with cereals, fruit or nuts amounted to $2,977 per ton, increasing by 8.2% against the previous month. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 when the average export price increased by 8.9% m-o-m. The export price peaked at $3,171 per ton in May 2023; however, from June 2023 to October 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($7,498 per ton), while the average price for exports to the Dominican Republic ($2,691 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Costa Rica (+2.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cereal, Fruit or Nut Chocolate Bar in Guatemala
In 2022, approx. 1.3K tons of chocolate bars with cereals, fruit or nuts were imported into Guatemala; picking up by 24% against the year before. In general, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +14.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +50.0% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of chocolate bars with cereals, fruit or nuts surged to $6.7M in 2022. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +20.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +74.9% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Cereal, Fruit or Nut Chocolate Bar in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,940 | 2,148 | 2,561 | 3,291 | 19.3% |
| Mexico | 979 | 638 | 1,300 | 1,879 | 24.3% |
| Costa Rica | 416 | 562 | 556 | 665 | 16.9% |
| China | 69.4 | 283 | 41.1 | 244 | 52.1% |
| Colombia | 178 | 254 | 198 | 234 | 9.5% |
| Others | 235 | 349 | 220 | 364 | 15.7% |
| Total | 3,817 | 4,234 | 4,877 | 6,676 | 20.5% |
Top Suppliers of Cereal, Fruit or Nut Chocolate Bar to Guatemala in 2022:
- Mexico (555.9 tons)
- United States (455.7 tons)
- Costa Rica (157.2 tons)
- China (53.5 tons)
- Colombia (43.3 tons)
Exports of Cereal, Fruit or Nut Chocolate Bar in Guatemala
Exports of chocolate bars with cereals, fruit or nuts from Guatemala reached 1K tons in 2022, almost unchanged from the previous year. Over the period under review, exports, however, continue to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2020 with an increase of 1.7% against the previous year. As a result, the exports attained the peak of 1.2K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of chocolate bars with cereals, fruit or nuts surged to $2.8M in 2022. The total export value increased at an average annual rate of +6.8% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Cereal, Fruit or Nut Chocolate Bar in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| El Salvador | 1,000 | 865 | 927 | 1,273 | 8.4% |
| Honduras | 528 | 622 | 546 | 650 | 7.2% |
| Dominican Republic | 523 | 485 | 310 | 352 | -12.4% |
| United States | 119 | 219 | 166 | 312 | 37.9% |
| Costa Rica | 30.2 | 48.9 | 46.9 | 57.0 | 23.6% |
| Ecuador | N/A | N/A | N/A | 46.5 | 0% |
| Mexico | 88.4 | 93.6 | 85.5 | 44.3 | -20.6% |
| Others | 11.0 | 22.2 | 11.8 | 64.0 | 79.9% |
| Total | 2,299 | 2,355 | 2,092 | 2,799 | 6.8% |
Top Export Markets for Cereal, Fruit or Nut Chocolate Bar from Guatemala in 2022:
- El Salvador (481.2 tons)
- Honduras (251.9 tons)
- Dominican Republic (144.1 tons)
- United States (61.1 tons)
- Costa Rica (26.7 tons)
- Mexico (19.9 tons)
- Ecuador (18.4 tons)
This report provides an in-depth analysis of the market for cereal, fruit or nut chocolate bar 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 10822235 - Chocolate blocks, slabs or bars with added cereal, fruit or nuts (excluding filled, chocolate biscuits)
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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