Guatemala: Strawberry Market 2024

Strawberry Market Size in Guatemala

The Guatemalan strawberry market shrank to $X in 2022, reducing by X% against the previous year. Overall, consumption enjoyed measured growth. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Strawberry Production in Guatemala

In value terms, strawberry production fell to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2019 with an increase of X%. As a result, production reached the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

The average yield of strawberries in Guatemala amounted to X tons per ha in 2022, approximately mirroring 2021. Overall, the yield showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the yield increased by X%. The strawberry yield peaked at X tons per ha in 2015; however, from 2016 to 2022, the yield remained at a lower figure. 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 strawberries production in Guatemala reduced slightly to X ha, remaining stable against the previous year's figure. In general, the harvested area, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. As a result, the harvested area attained the peak level of X ha. From 2017 to 2022, the growth of the strawberry harvested area remained at a somewhat lower figure.

Strawberry Exports

Exports from Guatemala

In 2022, approx. X tons of strawberries were exported from Guatemala; therefore, remained relatively stable against the previous year's figure. Over the period under review, total exports indicated mild growth 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 decreased by X% against 2018 indices. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, the exports reached the peak of X tons. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, strawberry exports soared to $X in 2022. In general, exports, however, continue to indicate buoyant growth. The growth pace was the most rapid in 2018 when exports increased by X%. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Honduras (X tons) and El Salvador (X tons) were the main destinations of strawberry exports from Guatemala.

From 2012 to 2022, the biggest increases were recorded for Honduras (with a CAGR of X%).

In value terms, the largest markets for strawberry exported from Guatemala were El Salvador ($X) and Honduras ($X).

Honduras, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review.

Export Prices by Country

The average strawberry export price stood at $X per ton in 2022, picking up by X% against the previous year. Over the period under review, the export price enjoyed buoyant growth. The most prominent rate of growth was recorded in 2017 an increase of X%. Over the period under review, the average export prices hit record highs at $X per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was El Salvador ($X per ton), while the average price for exports to Honduras totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to El Salvador (X%).

Strawberry Imports

Imports into Guatemala

In 2022, approx. X tons of strawberries were imported into Guatemala; which is down by X% compared with the previous year. In general, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Over the period under review, imports attained the maximum at X tons in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, strawberry imports fell to $X in 2022. Overall, imports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

Mexico (X tons), Honduras (X tons) and Spain (X kg) were the main suppliers of strawberry imports to Guatemala.

From 2012 to 2022, the biggest increases were recorded for Honduras (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X) constituted the largest supplier of strawberries to Guatemala, comprising X% of total imports. The second position in the ranking was taken by Honduras ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Mexico stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Honduras (X% per year) and Spain (X% per year).

Import Prices by Country

The average strawberry import price stood at $X per ton in 2022, jumping by X% against the previous year. Overall, the import price posted perceptible growth. The most prominent rate of growth was recorded in 2019 when the average import price increased by X%. The import price peaked at $X per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($X per ton), while the price for Honduras ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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