Price for Cereals; Maize (Corn), Other than Seed in Guatemala - 2023
Contents:
- Price for Cereals; Maize (Corn), Other than Seed in Guatemala (CIF) - 2022
- Price for Cereals; Maize (Corn), Other than Seed in Guatemala (FOB) - 2022
- Imports of Cereals; Maize (Corn), Other than Seed in Guatemala
- Exports of Cereals; Maize (Corn), Other than Seed in Guatemala
Price for Cereals; Maize (Corn), Other than Seed in Guatemala (CIF) - 2022
The average import price for cereals; maize (corn), other than seeds stood at $343 per ton in 2022, rising by 16% against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by 45% against the previous year. The import price peaked in 2022 and is likely to continue growth in years to come.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Mexico ($418 per ton) and the United States ($349 per ton), while the price for Brazil ($327 per ton) and Argentina ($330 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+1.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Cereals; Maize (Corn), Other than Seed in Guatemala (FOB) - 2022
The average export price for cereals; maize (corn), other than seeds stood at $332 per ton in 2022, which is down by -8.2% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the average export price increased by 28%. Over the period under review, the average export prices hit record highs at $362 per ton in 2021, and then fell in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($2,143 per ton), while the average price for exports to El Salvador stood at $285 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+9.2%).
Imports of Cereals; Maize (Corn), Other than Seed in Guatemala
In 2022, imports of cereals; maize (corn), other than seeds into Guatemala expanded rapidly to 1.6M tons, growing by 15% against 2021 figures. The total import volume increased at an average annual rate of +7.1% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of cereals; maize (corn), other than seeds soared to $557M in 2022. Over the period under review, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 40%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.
| Import of Cereals; Maize (Corn), Other than Seed in Guatemala (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 216 | 255 | 380 | 356 | 18.1% |
| Brazil | 49.2 | 20.7 | 17.7 | 182 | 54.7% |
| Mexico | 6.6 | 19.8 | 7.0 | 17.5 | 38.4% |
| Others | 1.3 | 1.8 | 10.9 | 1.0 | -8.4% |
| Total | 273 | 297 | 416 | 557 | 26.8% |
Top Suppliers of Cereals; Maize (Corn), Other than Seed to Guatemala in 2022:
- United States (1020.4K tons)
- Brazil (558.4K tons)
- Mexico (42.0K tons)
Exports of Cereals; Maize (Corn), Other than Seed in Guatemala
In 2022, exports of cereals; maize (corn), other than seeds from Guatemala declined sharply to 624 tons, reducing by -90.3% on the year before. Over the period under review, exports recorded a deep setback. The most prominent rate of growth was recorded in 2021 when exports increased by 732% against the previous year. As a result, the exports reached the peak of 6.4K tons, and then contracted remarkably in the following year.
In value terms, exports of cereals; maize (corn), other than seeds fell remarkably to $207K in 2022. Overall, exports saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by 923%. As a result, the exports reached the peak of $2.3M, and then fell notably in the following year.
| Export of Cereals; Maize (Corn), Other than Seed in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| El Salvador | 269 | 182 | 1,777 | 174 | -13.5% |
| United States | 8.2 | 36.4 | 38.4 | 31.7 | 56.9% |
| Costa Rica | 27.1 | 8.6 | 158 | N/A | 141.5% |
| Honduras | N/A | N/A | 355 | N/A | 0% |
| Others | 0.5 | N/A | N/A | 1.7 | 50.4% |
| Total | 305 | 227 | 2,327 | 207 | -12.1% |
Top Export Markets for Cereals; Maize (Corn), Other than Seed from Guatemala in 2022:
- El Salvador (608.7 tons)
- United States (14.8 tons)
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Designed to bring an unforgettable experience for children and adults alike, the Amaizing-Acres corn maze is certainly a place to visit this fall, a unique opportunity to enjoy a family get away surrounded by nature.
