Guatemala: Grain Market 2025

Grain Market Size in Guatemala

The Guatemalan grain market skyrocketed to $X in 2022, jumping by X% against the previous year. In general, consumption saw a resilient expansion. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in the immediate term.

Grain Production in Guatemala

In value terms, grain production expanded markedly to $X in 2022 estimated in export price. Over the period under review, production enjoyed noticeable growth. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

The average yield of cereal grains in Guatemala shrank slightly to X tons per ha in 2022, leveling off at the previous year's figure. Overall, the yield, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the yield increased by X% against the previous year. The grain yield peaked at X tons per ha in 2021, and then contracted in the following year. 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 cereal grains production in Guatemala reached X ha, approximately equating the previous year's figure. In general, the harvested area continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the harvested area increased by X%. The grain harvested area peaked at X ha in 2018; however, from 2019 to 2022, the harvested area failed to regain momentum.

Grain Exports

Exports from Guatemala

In 2022, overseas shipments of cereal grains increased by X% to X tons, rising for the second year in a row after two years of decline. Overall, exports continue to indicate buoyant growth. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, grain exports skyrocketed to $X in 2022. In general, exports saw a strong increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The Netherlands (X tons), El Salvador (X tons) and Honduras (X tons) were the main destinations of grain exports from Guatemala, together accounting for X% of total exports.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of X.7%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the Netherlands ($X) emerged as the key foreign market for cereal grains exports from Guatemala, comprising X% of total exports. The second position in the ranking was held by El Salvador ($X), with a X% share of total exports. It was followed by Honduras, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the Netherlands stood at X.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: El Salvador (X% per year) and Honduras (X% per year).

Export Prices by Country

The average grain export price stood at $X per ton in 2022, jumping by X% against the previous year. In general, the export price, however, continues to indicate a noticeable decline. The growth pace was the most rapid in 2019 an increase of X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

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

Grain Imports

Imports into Guatemala

For the sixth year in a row, Guatemala recorded growth in purchases abroad of cereal grains, which increased by X% to X tons in 2022. Over the period under review, imports continue to indicate a buoyant expansion. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, grain imports surged to $X in 2022. In general, imports enjoyed resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, the United States (X tons) constituted the largest supplier of grain to Guatemala, accounting for a X% share of total imports. Moreover, grain imports from the United States exceeded the figures recorded by the second-largest supplier, Brazil (X tons), threefold. Canada (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (X% per year) and Canada (X% per year).

In value terms, the United States ($X) constituted the largest supplier of cereal grains to Guatemala, comprising X% of total imports. The second position in the ranking was taken by Brazil ($X), with a X% share of total imports. It was followed by Canada, with a X% share.

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

Import Prices by Country

In 2022, the average grain import price amounted to $X per ton, rising by X% against the previous year. Overall, the import price, however, saw a noticeable decrease. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mexico ($X per ton), while the price for Brazil ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform