Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Guatemala - 2023
Contents:
- Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Guatemala (CIF) - 2023
- Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Guatemala (FOB) - 2022
- Imports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Guatemala
- Exports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Guatemala
Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Guatemala (CIF) - 2023
In September 2023, the average import price for nuts, edible; cashew nuts, shelled, fresh or drieds amounted to $5,246 per ton, increasing by 4.6% against the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in October 2022 an increase of 24% against the previous month. As a result, import price attained the peak level of $6,985 per ton. From November 2022 to September 2023, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Vietnam.
From September 2022 to September 2023, the rate of growth in terms of prices for Vietnam amounted to -0.6% per month.
Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Guatemala (FOB) - 2022
The average export price for nuts, edible; cashew nuts, shelled, fresh or drieds stood at $4,738 per ton in 2022, reducing by -15.8% against the previous year. Over the period under review, the export price continues to indicate a deep reduction. The pace of growth was the most pronounced in 2018 when the average export price increased by 74%. As a result, the export price attained the peak level of $9,676 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for El Salvador.
From 2012 to 2022, the rate of growth in terms of prices for El Salvador amounted to -6.2% per year.
Imports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Guatemala
In 2022, imports of nuts, edible; cashew nuts, shelled, fresh or drieds into Guatemala skyrocketed to 399 tons, with an increase of 20% on the year before. In general, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +16.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +88.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 57%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, imports of nuts, edible; cashew nuts, shelled, fresh or drieds soared to $2.4M in 2022. Overall, imports posted a resilient increase. The pace of growth was the most pronounced in 2021 with an increase of 67% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see steady growth in years to come.
Import of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Guatemala (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Vietnam | 630 | 886 | 1,237 | 2,441 | 57.1% |
Brazil | 741 | 198 | 425 | 9.0 | -77.0% |
Ghana | 319 | N/A | 199 | N/A | -21.0% |
Others | 52.1 | 66.6 | 62.6 | N/A | 9.6% |
Total | 1,743 | 1,151 | 1,924 | 2,450 | 12.0% |
Top Suppliers of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried to Guatemala in 2022:
- Vietnam (397.5 tons)
- Brazil (1.6 tons)
Exports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Guatemala
Exports of nuts, edible; cashew nuts, shelled, fresh or drieds from Guatemala skyrocketed to 11 tons in 2022, increasing by 172% on the year before. Over the period under review, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of nuts, edible; cashew nuts, shelled, fresh or drieds skyrocketed to $53K in 2022. In general, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Guatemala (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
El Salvador | 18.3 | 12.8 | 23.1 | 52.5 | 42.1% |
Others | 0.1 | N/A | 0.1 | 0.4 | 58.7% |
Total | 18.4 | 12.9 | 23.1 | 53.0 | 42.3% |
Top Export Markets for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried from Guatemala in 2022:
- El Salvador (11.1 tons)
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