Guatemala: Market for Rape Or Colza Seed 2025

Market Size for Rape Or Colza Seed in Guatemala

The Guatemalan rape and colza seed market fell to $X in 2022, declining by -7.6% against the previous year. Overall, consumption, however, posted a resilient expansion. As a result, consumption reached the peak level of $X, and then declined in the following year.

Production of Rape Or Colza Seed in Guatemala

In value terms, rape and colza seed production stood at $X in 2022 estimated in export price. Overall, production saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 with a decrease of 99.9%. Over the period under review, production hit record highs in 2022 and is likely to continue growth in the immediate term.

The average yield of rape or colza seed in Guatemala was estimated at less than X kg per ha in 2022, leveling off at the previous year. Over the period under review, 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, the total area harvested in terms of rape or colza seed production in Guatemala amounted to less than X ha, standing approx. at 2021 figures. Overall, the harvested area continues to indicate a relatively flat trend pattern.

Exports of Rape Or Colza Seed

Exports from Guatemala

In 2022, overseas shipments of rape or colza seed decreased by -96.4% to X kg for the first time since 2019, thus ending a two-year rising trend. In general, exports recorded a abrupt decline. The most prominent rate of growth was recorded in 2015 when exports increased by 32,289% against the previous year. The exports peaked at X tons in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, rape and colza seed exports reduced dramatically to $X in 2022. Over the period under review, exports continue to indicate a sharp reduction. The pace of growth was the most pronounced in 2015 when exports increased by 61,567% against the previous year. As a result, the exports attained the peak of $X. From 2016 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Honduras (X kg) was the main destination for rape and colza seed exports from Guatemala, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Honduras amounted to +18.7%.

In value terms, Honduras ($X) also remains the key foreign market for rape or colza seed exports from Guatemala.

From 2012 to 2022, the average annual rate of growth in terms of value to Honduras totaled -5.6%.

Export Prices by Country

The average rape and colza seed export price stood at $X per ton in 2022, with a decrease of -7.3% against the previous year. In general, the export price saw a deep contraction. The pace of growth was the most pronounced in 2015 when the average export price increased by 90%. Over the period under review, the average export prices attained the maximum at $X per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for El Salvador amounted to +3.8% per year.

Imports of Rape Or Colza Seed

Imports into Guatemala

In 2022, imports of rape or colza seed into Guatemala contracted to X tons, with a decrease of -9.7% compared with 2021 figures. In general, imports, however, posted a prominent expansion. The pace of growth was the most pronounced in 2021 when imports increased by 193%. As a result, imports reached the peak of X tons, and then fell in the following year.

In value terms, rape and colza seed imports fell to $X in 2022. Overall, imports recorded a perceptible decline. The pace of growth appeared the most rapid in 2019 with an increase of 193% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Canada (X tons) was the main rape and colza seed supplier to Guatemala, with a 98% share of total imports. It was followed by Germany (X kg), with a 1.5% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Canada amounted to +12.7%.

In value terms, Canada ($X) constituted the largest supplier of rape or colza seed to Guatemala, comprising 94% of total imports. The second position in the ranking was taken by Germany ($X), with a 6.1% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Canada stood at +8.7%.

Import Prices by Country

In 2022, the average rape and colza seed import price amounted to $X per ton, increasing by 2% against the previous year. Overall, the import price, however, faced a deep setback. The pace of growth was the most pronounced in 2019 when the average import price increased by 172%. As a result, import price attained the peak level of $X per ton. From 2020 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 Germany ($X per ton), while the price for Canada totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-3.2%).

Source: IndexBox Platform