Guatemala: Market for Citrus Fruit Jams, Marmalades, Jellies, Purees or Pastes 2024

Market Size for Citrus Fruit Jams, Marmalades, Jellies, Purees or Pastes in Guatemala

The Guatemalan market for citrus fruit jams, marmalades, jellies, purees or pastes dropped to $X in 2022, which is down by -5.3% against the previous year. The market value increased at an average annual rate of +1.6% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Production of Citrus Fruit Jams, Marmalades, Jellies, Purees or Pastes in Guatemala

In value terms, citrus fruit jams and marmalades production fell to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.3% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 when the production volume increased by 31%. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Exports of Citrus Fruit Jams, Marmalades, Jellies, Purees or Pastes

Exports from Guatemala

Citrus fruit jams and marmalades exports from Guatemala soared to X tons in 2022, with an increase of 81% against the year before. Overall, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, citrus fruit jams and marmalades exports dropped to $X in 2022. In general, exports saw a strong expansion. The growth pace was the most rapid in 2017 with an increase of 63% against the previous year. Over the period under review, the exports hit record highs at $X in 2021, and then fell in the following year.

Exports by Country

Honduras (X tons) was the main destination for citrus fruit jams and marmalades exports from Guatemala, accounting for a approx. 100% share of total exports.

From 2014 to 2022, the average annual growth rate of volume to Honduras amounted to +72.9%.

In value terms, Honduras ($X) emerged as the key foreign market for citrus fruit jams, marmalades, jellies, purees or pastes exports from Guatemala.

From 2014 to 2022, the average annual growth rate of value to Honduras totaled +57.8%.

Export Prices by Country

In 2022, the average export price for citrus fruit jams, marmalades, jellies, purees or pastes amounted to $X per ton, which is down by -53% against the previous year. In general, the export price recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 an increase of 30%. As a result, the export price attained the peak level of $X per ton. From 2021 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 Honduras.

From 2014 to 2022, the rate of growth in terms of prices for El Salvador amounted to +3.5% per year.

Imports of Citrus Fruit Jams, Marmalades, Jellies, Purees or Pastes

Imports into Guatemala

In 2022, imports of citrus fruit jams, marmalades, jellies, purees or pastes into Guatemala contracted dramatically to X tons, dropping by -24.9% against 2021 figures. Over the period under review, imports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2013 with an increase of 2,664% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, citrus fruit jams and marmalades imports reduced to $X in 2022. Overall, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2013 when imports increased by 4,567% against the previous year. Imports peaked at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Spain (X tons) constituted the largest supplier of citrus fruit jams and marmalades to Guatemala, accounting for a 60% share of total imports. Moreover, citrus fruit jams and marmalades imports from Spain exceeded the figures recorded by the second-largest supplier, Costa Rica (X tons), threefold. The third position in this ranking was held by the UK (X tons), with a 7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Spain totaled +27.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Costa Rica (+5.0% per year) and the UK (-13.3% per year).

In value terms, Spain ($X) constituted the largest supplier of citrus fruit jams, marmalades, jellies, purees or pastes to Guatemala, comprising 40% of total imports. The second position in the ranking was taken by the United States ($X), with a 19% share of total imports. It was followed by Costa Rica, with a 19% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Spain amounted to +21.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+38.4% per year) and Costa Rica (-4.4% per year).

Import Prices by Country

In 2022, the average import price for citrus fruit jams, marmalades, jellies, purees or pastes amounted to $X per ton, jumping by 31% against the previous year. Overall, the import price, however, saw a perceptible shrinkage. The growth pace was the most rapid in 2013 an increase of 69% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the average import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+3.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform