Guatemala: Market for Citrus Fruits Not Elsewhere Classified 2024

Market Size for Citrus Fruits Not Elsewhere Classified in Guatemala

The Guatemalan market for citrus fruits not elsewhere classified contracted to $X in 2022, which is down by -3.9% against the previous year. In general, consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the market value increased by 9.3% against the previous year. Citrus fruits not elsewhere classified consumption peaked at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Production of Citrus Fruits Not Elsewhere Classified in Guatemala

In value terms, citrus fruits not elsewhere classified production reduced to $X in 2022 estimated in export price. Overall, production, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 25%. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

The average yield of citrus fruits not elsewhere classified in Guatemala reduced to X tons per ha in 2022, approximately equating the previous year's figure. Over the period under review, the yield, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 3%. The citrus fruits not elsewhere classified yield peaked at X tons per ha in 2021, and then dropped modestly 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.

The citrus fruits not elsewhere classified harvested area in Guatemala was estimated at X ha in 2022, standing approx. at 2021 figures. In general, the harvested area, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of 3.8%. As a result, the harvested area reached the peak level of X ha. From 2014 to 2022, the growth of the citrus fruits not elsewhere classified harvested area remained at a somewhat lower figure.

Exports of Citrus Fruits Not Elsewhere Classified

Exports from Guatemala

In 2022, citrus fruits not elsewhere classified exports from Guatemala reduced markedly to X tons, which is down by -75.8% against 2021. In general, exports, however, saw a tangible increase. The pace of growth appeared the most rapid in 2021 when exports increased by 419%. As a result, the exports attained the peak of X tons, and then dropped rapidly in the following year.

In value terms, citrus fruits not elsewhere classified exports plummeted to $X in 2022. Overall, exports, however, continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of 137%. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

Iraq (X tons) was the main destination for citrus fruits not elsewhere classified exports from Guatemala, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Iraq totaled -8.8%.

In value terms, Iraq ($X) also remains the key foreign market for citrus fruits not elsewhere classified exports from Guatemala.

From 2012 to 2022, the average annual rate of growth in terms of value to Iraq amounted to -3.3%.

Export Prices by Country

The average export price for citrus fruits not elsewhere classified stood at $X per ton in 2022, growing by 209% against the previous year. Overall, the export price posted a prominent increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Iraq.

From 2012 to 2022, the rate of growth in terms of prices for Jordan amounted to +26.0% per year.

Imports of Citrus Fruits Not Elsewhere Classified

Imports into Guatemala

In 2022, after three years of growth, there was significant decline in supplies from abroad of citrus fruits not elsewhere classified, when their volume decreased by -71.4% to X tons. Overall, imports, however, showed a significant expansion. The growth pace was the most rapid in 2017 with an increase of 4,279,740%. As a result, imports reached the peak of X tons. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, citrus fruits not elsewhere classified imports dropped markedly to $X in 2022. Over the period under review, imports, however, continue to indicate resilient growth. The pace of growth was the most pronounced in 2017 with an increase of 564,016% against the previous year. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Mexico (X tons) constituted the largest citrus fruits not elsewhere classified supplier to Guatemala, with a 59% share of total imports. Moreover, citrus fruits not elsewhere classified imports from Mexico exceeded the figures recorded by the second-largest supplier, Chile (X tons), twofold.

From 2012 to 2022, the average annual growth rate of volume from Mexico amounted to +190.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Chile (+1.2% per year) and the United States (+46.2% per year).

In value terms, Mexico ($X) constituted the largest supplier of citrus fruits not elsewhere classified to Guatemala, comprising 60% of total imports. The second position in the ranking was held by Chile ($X), with a 22% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Mexico stood at +246.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Chile (-0.7% per year) and the United States (+43.5% per year).

Import Prices by Country

In 2022, the average import price for citrus fruits not elsewhere classified amounted to $X per ton, surging by 32% against the previous year. Over the period under review, the import price, however, faced a sharp decline. The most prominent rate of growth was recorded in 2016 an increase of 67%. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 the United States ($X per ton), while the price for Chile ($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 (+19.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform