Sheep; Live Price in Guatemala - 2022

Sheep; Live Price in Guatemala (CIF) - 2022

In 2022, the average sheep; live import price amounted to $122 per unit, rising by 27% against the previous year. Over the period under review, import price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sheep; live import price increased by +70.2% against 2018 indices. The most prominent rate of growth was recorded in 2019 when the average import price increased by 33% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +2.7% per year.

Sheep; Live Imports in Guatemala

For the third year in a row, Guatemala recorded decline in purchases abroad of sheep; live, which decreased by -66.7% to 1 units in 2022. In general, imports showed a sharp decline. The smallest decline of -25% was in 2021. Imports peaked at 11 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, sheep; live imports declined markedly to $122 in 2022. Over the period under review, imports showed a sharp reduction. The smallest decline of -7.4% was in 2021. Imports peaked at $1.1K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.