Price for Grapes; Fresh or Dried in Guatemala - 2023

Contents:

  1. Price for Grapes; Fresh or Dried in Guatemala (CIF) - 2022
  2. Price for Grapes; Fresh or Dried in Guatemala (FOB) - 2022
  3. Imports of Grapes; Fresh or Dried in Guatemala
  4. Exports of Grapes; Fresh or Dried in Guatemala

Price for Grapes; Fresh or Dried in Guatemala (CIF) - 2022

In 2022, the average grapes; fresh or dried import price amounted to $2,311 per ton, growing by 7.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. The growth pace was the most rapid in 2017 an increase of 12%. The import price peaked in 2022 and is likely to see gradual growth in the near future.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United States ($2,819 per ton) and Peru ($2,193 per ton), while the price for Chile ($1,896 per ton) and Mexico ($1,943 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Grapes; Fresh or Dried in Guatemala (FOB) - 2022

In 2022, the average grapes; fresh or dried export price amounted to $1,778 per ton, rising by 7.1% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 37%. As a result, the export price reached the peak level of $2,913 per ton. From 2019 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Nicaragua ($4,493 per ton), while the average price for exports to Honduras ($1,180 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 Nicaragua (+23.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Grapes; Fresh or Dried in Guatemala

In 2022, grapes; fresh or dried imports into Guatemala reached 13K tons, increasing by 7% compared with the previous year. The total import volume increased at an average annual rate of +4.7% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 10%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, grapes; fresh or dried imports totaled $31M in 2022. The total import value increased at an average annual rate of +9.3% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Grapes; Fresh or Dried in Guatemala (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States13.311.710.812.8-1.3%
Peru4.16.68.69.632.8%
Chile5.04.66.27.011.9%
Mexico1.01.01.30.8-7.2%
Argentina0.10.10.20.8100.0%
Others0.20.2N/A0.20.0%
Total23.824.227.131.19.3%

Top Suppliers of Grapes; Fresh or Dried to Guatemala in 2022:

  1. United States (4.5K tons)
  2. Peru (4.4K tons)
  3. Chile (3.7K tons)
  4. Mexico (0.4K tons)
  5. Argentina (0.4K tons)

Exports of Grapes; Fresh or Dried in Guatemala

In 2022, approx. 206 tons of grapes; fresh or drieds were exported from Guatemala; with an increase of 66% on the year before. Overall, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +13.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +82.9% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, grapes; fresh or dried exports soared to $366K in 2022. In general, exports showed a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Grapes; Fresh or Dried in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Honduras48.345.683.816450.3%
El Salvador23918196.0127-19.0%
PanamaN/A8.31.034.4103.6%
Nicaragua24.235.721.829.77.1%
Costa Rica51.814.43.012.1-38.4%
OthersN/AN/AN/AN/A0%
Total3642852063660.2%

Top Export Markets for Grapes; Fresh or Dried from Guatemala in 2022:

  1. Honduras (138.6 tons)
  2. El Salvador (42.8 tons)
  3. Panama (13.4 tons)
  4. Nicaragua (6.6 tons)
  5. Costa Rica (4.6 tons)

Source: IndexBox Market Intelligence Platform

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