Guatemala: Market for Pineapple Juice (Single Strength) 2024

Market Size for Pineapple Juice (Single Strength) in Guatemala

In 2022, the Guatemalan pineapple juice (single strength) market decreased by X% to $X, falling for the second year in a row after five years of growth. Over the period under review, consumption, however, showed a resilient increase. Over the period under review, the market attained the maximum level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Production of Pineapple Juice (Single Strength) in Guatemala

In value terms, pineapple juice (single strength) production expanded slightly to $X in 2022 estimated in export price. In general, the total production indicated a resilient 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, production decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2017 when the production volume increased by X%. Pineapple juice (single strength) production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Pineapple Juice (Single Strength)

Exports from Guatemala

In 2022, the amount of pineapple juice (single strength) exported from Guatemala expanded rapidly to X tons, growing by X% on 2021. In general, total exports indicated a notable 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, exports increased by X% against 2018 indices. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in the near future.

In value terms, pineapple juice (single strength) exports surged to $X in 2022. Overall, total exports indicated tangible growth 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, exports increased by X% against 2018 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States (X tons) was the main destination for pineapple juice (single strength) exports from Guatemala, with a X% share of total exports. Moreover, pineapple juice (single strength) exports to the United States exceeded the volume sent to the second major destination, Nicaragua (X tons), fivefold. The third position in this ranking was held by Panama (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Nicaragua (X% per year) and Panama (X% per year).

In value terms, the United States ($X) remains the key foreign market for pineapple juice (single strength) exports from Guatemala, comprising X% of total exports. The second position in the ranking was held by Nicaragua ($X), with a X% share of total exports. It was followed by Panama, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Nicaragua (X% per year) and Panama (X% per year).

Export Prices by Country

In 2022, the average pineapple juice (single strength) export price amounted to $X per ton, increasing by X% against the previous year. In general, the export price saw a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Nicaragua ($X per ton) and Panama ($X per ton), while the average price for exports to Mexico ($X per ton) and the Dominican Republic ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nicaragua (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Pineapple Juice (Single Strength)

Imports into Guatemala

In 2022, pineapple juice (single strength) imports into Guatemala contracted notably to X tons, reducing by X% compared with the year before. Overall, imports showed a abrupt contraction. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, pineapple juice (single strength) imports fell to $X in 2022. In general, imports saw a abrupt downturn. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, El Salvador (X tons) constituted the largest pineapple juice (single strength) supplier to Guatemala, accounting for a X% share of total imports. Moreover, pineapple juice (single strength) imports from El Salvador exceeded the figures recorded by the second-largest supplier, Mexico (X tons), sevenfold.

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

In value terms, El Salvador ($X) constituted the largest supplier of pineapple juice (single strength) to Guatemala, comprising X% of total imports. The second position in the ranking was held by Mexico ($X), with a X% share of total imports.

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

Import Prices by Country

The average pineapple juice (single strength) import price stood at $X per ton in 2022, picking up by X% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. Over the period under review, average import prices reached the maximum at $X per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was El Salvador ($X per ton), while the price for Mexico totaled $X per ton.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :