Preserved Sauerkraut Price in Guatemala - 2023

Contents:

  1. Preserved Sauerkraut Price in Guatemala (CIF) - 2022
  2. Preserved Sauerkraut Price in Guatemala (FOB) - 2022
  3. Preserved Sauerkraut Imports in Guatemala
  4. Preserved Sauerkraut Exports in Guatemala

Preserved Sauerkraut Price in Guatemala (CIF) - 2022

In 2022, the average preserved sauerkraut import price amounted to $2,333 per ton, approximately equating the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 23%. Over the period under review, average import prices reached the maximum at $2,786 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($3,733 per ton), while the price for Italy ($1,065 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nicaragua (+25.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Preserved Sauerkraut Price in Guatemala (FOB) - 2022

In 2022, the average preserved sauerkraut export price amounted to $2,243 per ton, rising by 13% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 22%. Over the period under review, the average export prices hit record highs at $2,838 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was El Salvador ($3,411 per ton), while the average price for exports to Honduras ($1,839 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to El Salvador (+6.1%), while the prices for the other major destinations experienced mixed trend patterns.

Preserved Sauerkraut Imports in Guatemala

In 2022, the amount of preserved sauerkraut imported into Guatemala surged to 1.8K tons, with an increase of 34% against the previous year. Over the period under review, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 56%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, preserved sauerkraut imports surged to $4.2M in 2022. In general, imports recorded significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 55% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Import of Preserved Sauerkraut in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Honduras81.27908831,640172.3%
El Salvador51645381288419.7%
United States23529859166441.4%
China71.810015927857.0%
Italy62.385.319219746.8%
Spain1571211581916.8%
Peru12884.078.01454.2%
Mexico99.913458.370.6-10.9%
Others12.843.3182121111.4%
Total1,3652,1093,1134,19145.3%

Top Suppliers of Preserved Sauerkraut to Guatemala in 2022:

  1. Honduras (716.6 tons)
  2. El Salvador (433.6 tons)
  3. Italy (185.3 tons)
  4. United States (177.9 tons)
  5. China (95.5 tons)
  6. Spain (59.0 tons)
  7. Peru (57.8 tons)
  8. Mexico (35.4 tons)

Preserved Sauerkraut Exports in Guatemala

In 2022, overseas shipments of preserved sauerkraut decreased by -19.6% to 576 tons, falling for the second consecutive year after two years of growth. The total export volume increased at an average annual rate of +1.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 40% against the previous year. As a result, the exports attained the peak of 763 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, preserved sauerkraut exports declined to $1.3M in 2022. The total export value increased at an average annual rate of +4.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 33%. As a result, the exports reached the peak of $1.5M. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Preserved Sauerkraut in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1,0781,4571,3491,2194.2%
El Salvador25.024.141.939.416.4%
Honduras26.827.427.231.45.4%
Others19.918.19.03.5-44.0%
Total1,1501,5271,4271,2934.0%

Top Export Markets for Preserved Sauerkraut from Guatemala in 2022:

  1. United States (547.1 tons)
  2. Honduras (17.1 tons)
  3. El Salvador (11.6 tons)

Source: IndexBox Market Intelligence Platform

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