Guatemala: Cabbage Market 2024

Cabbage Market Size in Guatemala

The Guatemalan cabbage market shrank to $X in 2022, which is down by -14.5% against the previous year. Overall, consumption showed a abrupt decline. Cabbage consumption peaked at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Cabbage Production in Guatemala

In value terms, cabbage production reduced slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +4.7% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2016 when the production volume increased by 16%. Cabbage production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

The average yield of cabbage and other brassicas in Guatemala fell to X tons per ha in 2022, which is down by -2.5% against the year before. Overall, the yield saw a mild setback. The pace of growth appeared the most rapid in 2015 with an increase of 36%. The cabbage yield peaked at X tons per ha in 2012; however, from 2013 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.

In 2022, the total area harvested in terms of cabbage and other brassicas production in Guatemala reached X ha, approximately equating 2021. Overall, the total harvested area indicated a resilient increase from 2012 to 2022: its figure increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cabbage harvested area decreased by -1.2% against 2020 indices. The pace of growth appeared the most rapid in 2014 when the harvested area increased by 68%. The cabbage harvested area peaked at X ha in 2016; however, from 2017 to 2022, the harvested area remained at a lower figure.

Cabbage Exports

Exports from Guatemala

In 2022, approx. X tons of cabbage and other brassicas were exported from Guatemala; with an increase of 12% against the previous year. Overall, exports saw significant growth. The most prominent rate of growth was recorded in 2017 when exports increased by 89% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, cabbage exports rose slightly to $X in 2022. Over the period under review, exports continue to indicate strong growth. The pace of growth appeared the most rapid in 2019 when exports increased by 41% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

Exports by Country

El Salvador (X tons) was the main destination for cabbage exports from Guatemala, with a 96% share of total exports. It was followed by the United States (X tons), with a 2.6% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to El Salvador totaled +28.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+4.4% per year) and Honduras (+8.8% per year).

In value terms, the largest markets for cabbage exported from Guatemala were El Salvador ($X), the United States ($X) and Honduras ($X), together accounting for 99% of total exports.

In terms of the main countries of destination, Honduras, with a CAGR of +25.3%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average cabbage export price stood at $X per ton in 2022, shrinking by -6.5% against the previous year. Overall, the export price continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2020 an increase of 44% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to El Salvador ($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 Honduras (+15.3%), while the prices for the other major destinations experienced mixed trend patterns.

Cabbage Imports

Imports into Guatemala

In 2022, purchases abroad of cabbage and other brassicas decreased by -34.7% to X tons, falling for the second consecutive year after five years of growth. Over the period under review, imports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2013 when imports increased by 276%. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, cabbage imports skyrocketed to $X in 2022. In general, imports, however, saw a significant expansion. The growth pace was the most rapid in 2013 when imports increased by 506%. Over the period under review, imports reached the maximum at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Honduras (X tons) was the main cabbage supplier to Guatemala, accounting for a approx. 100% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Honduras was relatively modest.

In value terms, Honduras ($X) constituted the largest supplier of cabbage and other brassicas to Guatemala.

From 2012 to 2022, the average annual rate of growth in terms of value from Honduras was relatively modest.

Import Prices by Country

The average cabbage import price stood at $X per ton in 2022, picking up by 97% against the previous year. Over the period under review, the import price posted buoyant growth. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Honduras.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +0.8% per year.

Source: IndexBox Platform