Guatemala - Cow Peas (Dry) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCow Peas Price in Guatemala - 2023
Contents:
- Cow Peas Price in Guatemala (CIF) - 2022
- Cow Peas Price in Guatemala (FOB) - 2022
- Cow Peas Imports in Guatemala
- Cow Peas Exports in Guatemala
Cow Peas Price in Guatemala (CIF) - 2022
In 2022, the average cow peas import price amounted to $2,116 per ton, rising by 16% against the previous year. Over the period under review, the import price continues to indicate a resilient expansion. The growth pace was the most rapid in 2020 an increase of 42% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in years to come.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($2,223 per ton), while the price for the United States totaled $2,115 per ton.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+8.7%).
Cow Peas Price in Guatemala (FOB) - 2022
In 2022, the average cow peas export price amounted to $658 per ton, with a decrease of -64% against the previous year. In general, the export price recorded a abrupt downturn. The pace of growth appeared the most rapid in 2015 an increase of 88% against the previous year. Over the period under review, the average export prices hit record highs at $2,093 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Costa Rica.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +4.8% per year.
Cow Peas Imports in Guatemala
Cow peas imports into Guatemala surged to 613 tons in 2022, growing by 70% on 2021. In general, imports saw significant growth. The pace of growth was the most pronounced in 2020 with an increase of 139% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, cow peas imports soared to $1.3M in 2022. Over the period under review, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 238%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Import of Cow Peas in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 240 | 796 | 658 | 1,283 | 74.9% |
| Others | 1.5 | 19.8 | N/A | 14.2 | 111.5% |
| Total | 242 | 816 | 658 | 1,297 | 75.0% |
Top Suppliers of Cow Peas to Guatemala in 2022:
- United States (606.6 tons)
Cow Peas Exports in Guatemala
In 2022, exports of cow peas (dry) from Guatemala fell notably to 18 tons, which is down by -57.7% compared with 2021 figures. Over the period under review, exports continue to indicate a dramatic shrinkage. The smallest decline of -24.7% was in 2021.
In value terms, cow peas exports dropped markedly to $12K in 2022. Overall, exports saw a sharp decline. The smallest decline of -34% was in 2020.
| Export of Cow Peas in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Costa Rica | N/A | 19.2 | 35.8 | 11.9 | -21.3% |
| Canada | 99.4 | 21.9 | 13.6 | N/A | -63.0% |
| United States | 80.8 | 74.6 | 28.6 | N/A | -40.5% |
| Others | N/A | 3.2 | N/A | N/A | 0% |
| Total | 180 | 119 | 78.1 | 11.9 | -59.6% |
Top Export Markets for Cow Peas from Guatemala in 2022:
- Costa Rica (18.1 tons)
This report provides an in-depth analysis of the cow peas 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:
- FCL 195 - Cow peas, dry
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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Global cow peas consumption amounted to X thousand tons in 2015, ascending by +X% against the previous year level.
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Despite a miserable 2014 in cow pea exports, the U.S. hung on to be one of the leaders in the global cow pea trade. In 2014, the U.S. exported X thousand tons of cow peas totaling X thousand USD, X% under the previous year. Its primary trading p
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