Guatemala: Barley Market 2025

Barley Market Size in Guatemala

In 2022, the Guatemalan barley market increased by 62% to $X for the first time since 2018, thus ending a three-year declining trend. Overall, consumption saw a modest expansion. Barley consumption peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Barley Production in Guatemala

In value terms, barley production contracted to $X in 2022 estimated in export price. In general, the total production indicated a notable increase from 2012 to 2022: its value increased at an average annual rate of +2.7% 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 -3.5% against 2019 indices. The pace of growth was the most pronounced in 2017 with an increase of 56% against the previous year. Barley production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

In 2022, the average yield of barley in Guatemala was estimated at X tons per ha, standing approx. at the previous year's figure. The yield figure increased at an average annual rate of +3.0% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when the yield increased by 32% against the previous year. Over the period under review, the average barley yield reached the peak level in 2022 and is likely to continue growth in the near future. 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 barley were harvested in Guatemala; approximately mirroring the previous year's figure. Over the period under review, the harvested area saw a relatively flat trend pattern. The barley harvested area peaked in 2022 and is expected to retain growth in years to come.

Barley Exports

Exports from Guatemala

In 2022, shipments abroad of barley decreased by -65% to X tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when exports increased by 62%. Over the period under review, the exports attained the peak figure at X tons in 2021, and then declined markedly in the following year.

In value terms, barley exports shrank notably to $X in 2022. Overall, exports, however, saw a slight expansion. The most prominent rate of growth was recorded in 2017 when exports increased by 149%. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

El Salvador (X tons) was the main destination for barley exports from Guatemala, accounting for a 83% share of total exports. Moreover, barley exports to El Salvador exceeded the volume sent to the second major destination, the United States (X tons), fivefold.

From 2012 to 2022, the average annual growth rate of volume to El Salvador stood at +2.2%.

In value terms, the United States ($X) and El Salvador ($X) appeared to be the largest markets for barley exported from Guatemala worldwide.

Among the main countries of destination, El Salvador, with a CAGR of +3.8%, saw the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

The average barley export price stood at $X per ton in 2022, increasing by 59% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $X per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat 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 the United States ($X per ton), while the average price for exports to El Salvador amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+4.1%).

Barley Imports

Imports into Guatemala

In 2022, overseas purchases of barley decreased by -44% to X tons, falling for the fourth year in a row after three years of growth. In general, imports showed a abrupt decline. The most prominent rate of growth was recorded in 2016 when imports increased by 499% against the previous year. Over the period under review, imports attained the maximum at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, barley imports contracted to $X in 2022. Over the period under review, imports continue to indicate a slight slump. The most prominent rate of growth was recorded in 2016 when imports increased by 286%. Over the period under review, imports reached the peak figure at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Chile (X tons) was the main barley supplier to Guatemala, with a 95% share of total imports. It was followed by the United States (X kg), with a 1.8% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Chile stood at -7.0%.

In value terms, Chile ($X) constituted the largest supplier of barley to Guatemala, comprising 96% of total imports. The second position in the ranking was taken by the United States ($X), with a 1.1% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Chile amounted to -1.7%.

Import Prices by Country

In 2022, the average barley import price amounted to $X per ton, with an increase of 56% against the previous year. Overall, the import price recorded a remarkable increase. The pace of growth appeared the most rapid in 2021 an increase of 110% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Chile ($X per ton), while the price for the United States totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform