Guatemala: Pulses Market 2024

Pulses Market Size in Guatemala

The Guatemalan pulses market expanded rapidly to $X in 2022, increasing by X% against the previous year. Over the period under review, consumption, however, showed a slight downturn. Pulses consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Pulses Production in Guatemala

In value terms, pulses production reduced modestly to $X in 2022 estimated in export price. Overall, production, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

In 2022, the average pulses yield in Guatemala dropped modestly to X tons per ha, flattening at 2021. The yield figure increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2019 when the yield increased by X%. The pulses yield peaked at X tons per ha in 2021, and then contracted slightly 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 pulses harvested area in Guatemala rose to X ha in 2022, increasing by X% on the previous year. Overall, the harvested area, however, saw a deep setback. The pulses harvested area peaked at X ha in 2017; however, from 2018 to 2022, the harvested area failed to regain momentum.

Pulses Exports

Exports from Guatemala

In 2022, shipments abroad of pulses decreased by X% to X tons, falling for the second consecutive year after two years of growth. Overall, exports continue to indicate a perceptible setback. The growth pace was the most rapid in 2019 with an increase of X%. Over the period under review, the exports reached the peak figure at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, pulses exports shrank remarkably to $X in 2022. Over the period under review, exports recorded a mild curtailment. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Costa Rica (X tons) was the main destination for pulses exports from Guatemala, with a X% share of total exports. Moreover, pulses exports to Costa Rica exceeded the volume sent to the second major destination, the United States (X tons), threefold. El Salvador (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Costa Rica stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and El Salvador (X% per year).

In value terms, the largest markets for pulses exported from Guatemala were the United States ($X), Costa Rica ($X) and El Salvador ($X), together comprising X% of total exports.

In terms of the main countries of destination, Costa Rica, with a CAGR of X%, 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 a decline.

Export Prices by Country

In 2022, the average pulses export price amounted to $X per ton, jumping by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2013 an increase of X%. The export price peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

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 the United States (X%), while the prices for the other major destinations experienced a decline.

Pulses Imports

Imports into Guatemala

In 2022, pulses imports into Guatemala soared to X tons, rising by X% on the year before. In general, imports showed resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, pulses imports soared to $X in 2022. Over the period under review, imports recorded a prominent expansion. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

Argentina (X tons), the United States (X tons) and Nicaragua (X tons) were the main suppliers of pulses imports to Guatemala, together comprising X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Nicaragua (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Argentina ($X), the United States ($X) and Nicaragua ($X) constituted the largest pulses suppliers to Guatemala, with a combined X% share of total imports.

Argentina, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average pulses import price stood at $X per ton in 2022, rising by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in the near future.

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 Brazil ($X per ton), while the price for Costa Rica ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform