Guatemala: Cucumber And Gherkin Market 2024

Cucumber And Gherkin Market Size in Guatemala

In 2022, the Guatemalan cucumber and gherkin market increased by 8.8% to $X, rising for the second year in a row after three years of decline. Overall, consumption enjoyed a significant increase. Cucumber and gherkin consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Cucumber And Gherkin Production in Guatemala

In value terms, cucumber and gherkin production amounted to $X in 2022 estimated in export price. In general, production, however, saw a mild downturn. The growth pace was the most rapid in 2016 with an increase of 18%. As a result, production reached the peak level of $X. From 2017 to 2022, production growth failed to regain momentum.

In 2022, the average yield of cucumbers and gherkins in Guatemala totaled less than X kg per ha, almost unchanged from the year before. Overall, the yield saw a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. less than X ha of cucumbers and gherkins were harvested in Guatemala; therefore, remained relatively stable against the previous year's figure. Over the period under review, the harvested area continues to indicate a relatively flat trend pattern.

Cucumber And Gherkin Exports

Exports from Guatemala

In 2022, overseas shipments of cucumbers and gherkins decreased by -4% to X tons, falling for the second consecutive year after two years of growth. In general, exports saw a deep setback. The most prominent rate of growth was recorded in 2016 with an increase of 28% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, cucumber and gherkin exports skyrocketed to $X in 2022. Overall, exports recorded a abrupt descent. The pace of growth appeared the most rapid in 2016 with an increase of 131%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

El Salvador (X tons) was the main destination for cucumber and gherkin exports from Guatemala, with a 82% share of total exports. Moreover, cucumber and gherkin exports to El Salvador exceeded the volume sent to the second major destination, Honduras (X tons), sixfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to El Salvador amounted to -2.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Honduras (+11.2% per year) and the United States (-24.7% per year).

In value terms, El Salvador ($X), Honduras ($X) and the United States ($X) were the largest markets for cucumber and gherkin exported from Guatemala worldwide, together accounting for 95% of total exports.

In terms of the main countries of destination, Honduras, with a CAGR of +9.7%, 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 mixed trend patterns.

Export Prices by Country

The average cucumber and gherkin export price stood at $X per ton in 2022, surging by 38% against the previous year. In general, the export price, however, recorded a drastic downturn. The most prominent rate of growth was recorded in 2016 when the average export price increased by 80% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2017 to 2022, the average 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 El Salvador (+5.6%), while the prices for the other major destinations experienced mixed trend patterns.

Cucumber And Gherkin Imports

Imports into Guatemala

In 2022, cucumber and gherkin imports into Guatemala skyrocketed to X tons, jumping by 1,012% against the year before. In general, imports, however, saw a abrupt setback. The growth pace was the most rapid in 2017 with an increase of 49,446%. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, cucumber and gherkin imports soared to $X in 2022. Overall, imports, however, saw a perceptible setback. The pace of growth appeared the most rapid in 2017 with an increase of 50,103% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Honduras (X tons) constituted the largest cucumber and gherkin supplier to Guatemala, accounting for a 88% share of total imports. Moreover, cucumber and gherkin imports from Honduras exceeded the figures recorded by the second-largest supplier, Costa Rica (X tons), sevenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Honduras totaled -11.3%.

In value terms, the largest cucumber and gherkin suppliers to Guatemala were Honduras ($X) and Costa Rica ($X).

Costa Rica, with a CAGR of +87.9%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review.

Import Prices by Country

In 2022, the average cucumber and gherkin import price amounted to $X per ton, dropping by -31.4% against the previous year. Overall, the import price, however, showed prominent growth. The growth pace was the most rapid in 2020 an increase of 109% against the previous year. The import price peaked at $X per ton in 2021, and then dropped markedly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Costa Rica ($X per ton), while the price for Honduras amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Honduras (+3.4%).

Source: IndexBox Platform