Guatemala: Chicken Meat Market 2024

Chicken Meat Market Size in Guatemala

The Guatemalan chicken meat market dropped slightly to $X in 2022, reducing by X% against the previous year. In general, the total consumption indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2019 indices. Chicken meat consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Chicken Meat Production in Guatemala

In value terms, chicken meat production fell modestly to $X in 2022 estimated in export price. Overall, the total production indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2019 indices. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

The average yield of chicken meat in Guatemala reached X kg per head in 2022, picking up by X% on the previous year's figure. Overall, the yield continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the yield increased by X% against the previous year. Over the period under review, the average chicken meat yield reached the maximum level at X kg per head in 2016; however, from 2017 to 2022, the yield failed to regain momentum.

In 2022, the number of animals slaughtered for chicken meat production in Guatemala rose markedly to X heads, with an increase of X% on the year before. In general, the total number of producing animals indicated a strong expansion from 2012 to 2022: its figure increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, number of animals slaughtered for chicken meat production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2020 when the number of producing animals increased by X% against the previous year. As a result, the amount of animals produced attained the peak level of X heads. From 2021 to 2022, the growth of this number failed to regain momentum.

Chicken Meat Exports

Exports from Guatemala

In 2022, the amount of chicken meat exported from Guatemala reduced markedly to X tons, which is down by X% on the previous year. In general, exports faced a abrupt contraction. The most prominent rate of growth was recorded in 2018 when exports increased by X%. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, chicken meat exports declined remarkably to $X in 2022. Overall, exports continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

El Salvador (X tons) was the main destination for chicken meat exports from Guatemala, accounting for a approx. X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to El Salvador amounted to X%.

In value terms, El Salvador ($X) also remains the key foreign market for chicken meat exports from Guatemala.

From 2012 to 2022, the average annual rate of growth in terms of value to El Salvador totaled X%.

Export Prices by Country

The average chicken meat export price stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, export price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, chicken meat export price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by X%. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see steady growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for Hong Kong SAR amounted to X% per year.

Chicken Meat Imports

Imports into Guatemala

In 2022, the amount of chicken meat imported into Guatemala amounted to X tons, remaining stable against the year before. In general, total imports indicated a strong increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, chicken meat imports expanded significantly to $X in 2022. Overall, imports showed buoyant growth. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, the United States (X tons) was the main chicken meat supplier to Guatemala, with a X% share of total imports. It was followed by Honduras (X tons), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from the United States amounted to X%.

In value terms, the United States ($X) constituted the largest supplier of chicken meat to Guatemala, comprising X% of total imports. The second position in the ranking was held by Honduras ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from the United States amounted to X%.

Import Prices by Country

The average chicken meat import price stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period under review, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, chicken meat import price increased by X% against 2020 indices. The growth pace was the most rapid in 2021 an increase of X%. The import price peaked in 2022 and is likely to see steady growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Honduras stood at $X per ton.

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

Source: IndexBox Platform

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