Report Update: May 1, 2024

Guatemala - Cereal Pellets (Excluding Wheat) - Market Analysis, Forecast, Size, Trends And Insights

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Non-Wheat Cereal Pellets Price in Guatemala - 2023

Non-Wheat Cereal Pellets Price in Guatemala (CIF) - 2022

In 2022, the average non-wheat cereal pellets import price amounted to $92 per ton, which is down by -80.6% against the previous year. Over the period under review, the import price faced a sharp contraction. The most prominent rate of growth was recorded in 2021 when the average import price increased by 123% against the previous year. Over the period under review, average import prices hit record highs at $6,153 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($462 per ton), while the price for Honduras stood at $27 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+12.1%), while the prices for the other major suppliers experienced a decline.

Non-Wheat Cereal Pellets Price in Guatemala (FOB) - 2022

In 2022, the average non-wheat cereal pellets export price amounted to $38 per ton, dropping by -13.2% against the previous year. In general, the export price saw a sharp curtailment. The pace of growth appeared the most rapid in 2021 when the average export price increased by 25% against the previous year. The export price peaked at $1,081 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

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

From 2013 to 2022, the rate of growth in terms of prices for Honduras amounted to +0.9% per year.

Non-Wheat Cereal Pellets Imports in Guatemala

In 2022, imports of cereal pellets (excluding wheat) into Guatemala skyrocketed to 4.9 tons, surging by 172% on the previous year's figure. Over the period under review, imports, however, continue to indicate a sharp shrinkage. The pace of growth was the most pronounced in 2020 when imports increased by 1,872%. As a result, imports reached the peak of 200 tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, non-wheat cereal pellets imports shrank dramatically to $446 in 2022. In general, imports, however, saw a sharp downturn. The most prominent rate of growth was recorded in 2020 with an increase of 251%. As a result, imports reached the peak of $42K. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Non-Wheat Cereal Pellets in Guatemala (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	12.0	N/A	0.8	0.1	-79.7%
Honduras	N/A	42.3	N/A	0.1	-95.1%
Others	N/A	N/A	N/A	0.2	0%
Total	12.0	42.3	0.8	0.4	-67.8%

Top Suppliers of Non-Wheat Cereal Pellets to Guatemala in 2022:

Honduras (4.5 tons)
United States (0.3 tons)

Non-Wheat Cereal Pellets Exports in Guatemala

In 2022, approx. 246 tons of cereal pellets (excluding wheat) were exported from Guatemala; picking up by 48% against the previous year's figure. Over the period under review, exports recorded a prominent expansion. The growth pace was the most rapid in 2020 with an increase of 115%. As a result, the exports reached the peak of 327 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, non-wheat cereal pellets exports soared to $9.3K in 2022. In general, exports continue to indicate strong growth. The pace of growth was the most pronounced in 2020 when exports increased by 101%. As a result, the exports reached the peak of $11K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Non-Wheat Cereal Pellets in Guatemala (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Honduras	5.7	11.4	7.2	9.3	17.7%
Others	N/A	N/A	N/A	N/A	0%
Total	5.7	11.4	7.2	9.3	17.7%

Top Export Markets for Non-Wheat Cereal Pellets from Guatemala in 2022:

Honduras (246.5 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the non-wheat cereal pellets 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:

Prodcom 10613250 - Pellets of oats, maize, rice, rye, barley and other cereals (excluding wheat)

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023