Frozen Tilapias Price in Guatemala - 2023
Contents:
Frozen Tilapias Price in Guatemala (CIF) - 2022
The average frozen tilapias import price stood at $3,189 per ton in 2022, surging by 23% against the previous year. Overall, the import price continues to indicate a resilient expansion. As a result, import price attained the peak level and is likely to continue 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 Honduras ($3,242 per ton), while the price for China amounted to $3,028 per ton.
From 2014 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Frozen Tilapias Imports in Guatemala
In 2022, purchases abroad of frozen tilapias decreased by -45.9% to 59 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 183%. As a result, imports attained the peak of 110 tons, and then contracted remarkably in the following year.
In value terms, frozen tilapias imports declined rapidly to $190K in 2022. Over the period under review, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 206% against the previous year. As a result, imports reached the peak of $285K, and then contracted rapidly in the following year.
| Import of Frozen Tilapias in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Honduras | N/A | N/A | 93.2 | 145 | 55.6% |
| China | N/A | N/A | 135 | 44.7 | -66.9% |
| United States | 47.9 | 93.2 | 56.9 | N/A | 9.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 47.9 | 93.2 | 285 | 190 | 58.3% |
Top Suppliers of Frozen Tilapias to Guatemala in 2022:
- Honduras (44.7 tons)
- China (14.8 tons)
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