Guatemala: Green Peas Market 2025

Green Peas Market Size in Guatemala

The Guatemalan green peas market soared to $X in 2022, increasing by 259% against the previous year. Over the period under review, consumption posted a prominent expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Green Peas Production in Guatemala

In value terms, green peas production rose slightly to $X in 2022 estimated in export price. Overall, the total production indicated noticeable growth from 2012 to 2022: its value increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -1.7% against 2020 indices. The pace of growth was the most pronounced in 2017 with an increase of 33%. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

In 2022, the average green peas yield in Guatemala declined to X tons per ha, approximately reflecting the year before. Over the period under review, the yield indicated measured growth from 2012 to 2022: its figure increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, green peas yield increased by +3.1% against 2018 indices. The most prominent rate of growth was recorded in 2014 with an increase of 124%. As a result, the yield attained the peak level of X tons per ha. From 2015 to 2022, the growth of the average green peas yield remained 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.

The green peas harvested area in Guatemala fell slightly to X ha in 2022, leveling off at 2021. In general, the harvested area saw a perceptible contraction. The most prominent rate of growth was recorded in 2017 with an increase of 17% against the previous year. Over the period under review, the harvested area dedicated to green peas production reached the peak figure at X ha in 2013; however, from 2014 to 2022, the harvested area stood at a somewhat lower figure.

Green Peas Exports

Exports from Guatemala

In 2022, overseas shipments of peas (green) decreased by -19.5% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports saw a mild decrease. The pace of growth was the most pronounced in 2014 when exports increased by 9.9%. Over the period under review, the exports reached the peak figure at X tons in 2021, and then fell dramatically in the following year.

In value terms, green peas exports shrank markedly to $X in 2022. Overall, total exports indicated measured growth from 2012 to 2022: its value increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of 23%. The exports peaked at $X in 2021, and then contracted notably in the following year.

Exports by Country

The United States (X tons) was the main destination for green peas exports from Guatemala, with a 79% share of total exports. Moreover, green peas exports to the United States exceeded the volume sent to the second major destination, the UK (X tons), more than tenfold. The third position in this ranking was held by the Netherlands (X tons), with a 5.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (-5.3% per year) and the Netherlands (-6.5% per year).

In value terms, the United States ($X) remains the key foreign market for peas (green) exports from Guatemala, comprising 74% of total exports. The second position in the ranking was taken by the UK ($X), with an 8.6% share of total exports. It was followed by the Netherlands, with a 7% share.

From 2012 to 2022, the average annual growth rate of value to the United States totaled +8.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (-1.5% per year) and the Netherlands (-2.0% per year).

Export Prices by Country

In 2022, the average green peas export price amounted to $X per ton, increasing by 4.9% against the previous year. Overall, export price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, green peas export price increased by +69.5% against 2012 indices. The most prominent rate of growth was recorded in 2017 an increase of 18% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to the United States ($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 the United States (+8.7%), while the prices for the other major destinations experienced more modest paces of growth.

Green Peas Imports

Imports into Guatemala

In 2022, the amount of peas (green) imported into Guatemala soared to X tons, jumping by 1,772% compared with the previous year's figure. Overall, imports recorded a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, green peas imports soared to $X in 2022. In general, imports enjoyed a prominent expansion. The growth pace was the most rapid in 2014 with an increase of 1,044% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Honduras (X tons) was the main green peas supplier to Guatemala, with a approx. 99.9% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Honduras totaled +35.3%.

In value terms, Honduras ($X) constituted the largest supplier of peas (green) to Guatemala.

From 2012 to 2022, the average annual rate of growth in terms of value from Honduras stood at +32.9%.

Import Prices by Country

In 2022, the average green peas import price amounted to $X per ton, shrinking by -72.9% against the previous year. Overall, the import price, however, showed a mild increase. The pace of growth appeared the most rapid in 2021 when the average import price increased by 128%. As a result, import price attained the peak level of $X per ton, and then declined remarkably in the following year.

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 +18.0% per year.

Source: IndexBox Platform