Guatemala - Wheat Starch - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Guatemala - Wheat Starch - Market Analysis, Forecast, Size, Trends And Insights

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Wheat Starch Price in Guatemala - 2023

Contents:

  1. Wheat Starch Price in Guatemala (CIF) - 2022
  2. Wheat Starch Price in Guatemala (FOB) - 2022
  3. Wheat Starch Imports in Guatemala
  4. Wheat Starch Exports in Guatemala

Wheat Starch Price in Guatemala (CIF) - 2022

The average wheat starch import price stood at $1,811 per ton in 2022, picking up by 13% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 24% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Mexico ($1,855 per ton), while the price for the United States totaled $1,807 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+14.9%).

Wheat Starch Price in Guatemala (FOB) - 2022

The average wheat starch export price stood at $667 per ton in 2022, with a decrease of -4.1% against the previous year. Overall, the export price showed a pronounced contraction. The most prominent rate of growth was recorded in 2020 when the average export price increased by 23%. The export price peaked at $1,162 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Belize amounted to -4.3% per year.

Wheat Starch Imports in Guatemala

In 2022, the amount of wheat starch imported into Guatemala skyrocketed to 477 tons, with an increase of 52% on the previous year's figure. In general, imports posted significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 12,901%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, wheat starch imports skyrocketed to $863K in 2022. Overall, imports showed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 12,616%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the immediate term.

Import of Wheat Starch in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States3.83.9132781490.1%
MexicoN/AN/A35575.3-78.8%
Others0.10.118.57.2316.0%
Total3.94.0505863504.9%

Top Suppliers of Wheat Starch to Guatemala in 2022:

  1. United States (432.0 tons)
  2. Mexico (40.6 tons)

Wheat Starch Exports in Guatemala

For the third year in a row, Guatemala recorded decline in overseas shipments of wheat starch, which decreased by -63.4% to 30 kg in 2022. Overall, exports recorded a dramatic setback. The smallest decline of -6.6% was in 2020.

In value terms, wheat starch exports fell markedly to $20 in 2022. Over the period under review, exports showed a dramatic decrease. The pace of growth appeared the most rapid in 2020 when exports increased by 14% against the previous year. As a result, the exports reached the peak of $95. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Wheat Starch in Guatemala (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belize83.095.057.020.0-37.8%
OthersN/AN/AN/AN/A0%
Total83.095.057.020.0-37.8%

Top Export Markets for Wheat Starch from Guatemala in 2022:

  1. Belize (30.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the wheat starch market in Guatemala. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 10621111 - Wheat starch

Country coverage:

  • Guatemala

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Guatemala
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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