Guatemala: Berry Market 2024

Berry Market Size in Guatemala

In 2022, after two years of decline, there was significant growth in the Guatemalan berry market, when its value increased by X% to $X. Overall, consumption enjoyed a prominent increase. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Berry Production in Guatemala

In value terms, berry production declined slightly to $X in 2022 estimated in export price. Over the period under review, the total production indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2019 indices. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

The average yield of berries in Guatemala totaled X tons per ha in 2022, remaining constant against 2021. Overall, the yield recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of X%. The berry yield peaked at X tons per ha in 2015; however, from 2016 to 2022, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The berry harvested area in Guatemala dropped slightly to X ha in 2022, remaining constant against the previous year. In general, the harvested area, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of X%. As a result, the harvested area reached the peak level of X ha. From 2017 to 2022, the growth of the berry harvested area remained at a somewhat lower figure.

Berry Exports

Exports from Guatemala

In 2022, the amount of berries exported from Guatemala declined to X tons, reducing by X% on 2021 figures. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X%. The exports peaked at X tons in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, berry exports dropped modestly to $X in 2022. Overall, total exports indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, the exports reached the peak figure at $X in 2021, and then declined in the following year.

Exports by Country

Honduras (X tons), the United States (X tons) and El Salvador (X tons) were the main destinations of berry exports from Guatemala, with a combined X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Honduras (with a CAGR of X%), while shipments for the other leaders experienced a decline.

In value terms, the United States ($X) remains the key foreign market for berries exports from Guatemala, comprising X% of total exports. The second position in the ranking was taken by the UK ($X), with a X% share of total exports. It was followed by Honduras, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and Honduras (X% per year).

Export Prices by Country

In 2022, the average berry export price amounted to $X per ton, increasing by X% against the previous year. In general, export price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, berry export price increased by X% against 2016 indices. The growth pace was the most rapid in 2019 an increase of X% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Honduras ($X 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 El Salvador (X%), while the prices for the other major destinations experienced more modest paces of growth.

Berry Imports

Imports into Guatemala

In 2022, overseas purchases of berries increased by X% to X tons, rising for the third consecutive year after two years of decline. In general, imports showed a significant expansion. The pace of growth appeared the most rapid in 2014 with an increase of X%. Over the period under review, imports attained the peak figure at X tons in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, berry imports surged to $X in 2022. Over the period under review, imports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2014 with an increase of X%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Mexico (X tons) constituted the largest supplier of berry to Guatemala, accounting for a X% share of total imports. Moreover, berry imports from Mexico exceeded the figures recorded by the second-largest supplier, the United States (X tons), twofold. The third position in this ranking was held by Chile (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Mexico amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Chile (X% per year).

In value terms, Mexico ($X) constituted the largest supplier of berries to Guatemala, comprising X% of total imports. The second position in the ranking was taken by Chile ($X), with a X% share of total imports. It was followed by Peru, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Mexico totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Chile (X% per year) and Peru (X% per year).

Import Prices by Country

In 2022, the average berry import price amounted to $X per ton, increasing by X% against the previous year. Overall, the import price recorded resilient growth. The pace of growth was the most pronounced in 2019 an increase of X%. The import price peaked in 2022 and is likely to see steady 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 Peru ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform