Frozen Whole Chicken Price in Guatemala - 2023

Contents:

  1. Frozen Whole Chicken Price in Guatemala (CIF) - 2022
  2. Frozen Whole Chicken Price in Guatemala (FOB) - 2022
  3. Frozen Whole Chicken Imports in Guatemala
  4. Frozen Whole Chicken Exports in Guatemala

Frozen Whole Chicken Price in Guatemala (CIF) - 2022

In 2022, the average frozen whole chicken import price amounted to $1,903 per ton, rising by 22% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. The growth pace was the most rapid in 2018 an increase of 31%. Over the period under review, average import prices hit record highs at $2,034 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was El Salvador ($1,933 per ton), while the price for the United States totaled $1,508 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by El Salvador (+1.2%).

Frozen Whole Chicken Price in Guatemala (FOB) - 2022

In 2022, the average frozen whole chicken export price amounted to $1,791 per ton, growing by 9.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.6%. The most prominent rate of growth was recorded in 2013 an increase of 37% against the previous year. The export price peaked at $1,937 per ton in 2015; however, from 2016 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 El Salvador.

From 2012 to 2022, the rate of growth in terms of prices for El Salvador amounted to +2.6% per year.

Frozen Whole Chicken Imports in Guatemala

In 2022, purchases abroad of frozen whole chickens decreased by -15.1% to 1.2K tons, falling for the second year in a row after two years of growth. Over the period under review, imports recorded a dramatic shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 13%. As a result, imports attained the peak of 3.2K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, frozen whole chicken imports stood at $2.3M in 2022. In general, imports faced a drastic downturn.

Import of Frozen Whole Chicken in Guatemala (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
El Salvador0.12.21.62.2180.2%
United States4.32.20.60.1-71.5%
OthersN/AN/AN/AN/A0%
Total4.44.42.22.3-19.4%

Top Suppliers of Frozen Whole Chicken to Guatemala in 2022:

  1. El Salvador (1130.9 tons)
  2. United States (86.3 tons)

Frozen Whole Chicken Exports in Guatemala

In 2022, the amount of frozen whole chickens exported from Guatemala declined remarkably to 152 tons, waning by -67.1% on the previous year. Over the period under review, exports saw a dramatic descent. The most prominent rate of growth was recorded in 2021 when exports increased by 45%.

In value terms, frozen whole chicken exports declined notably to $272K in 2022. Overall, exports continue to indicate a precipitous contraction. The most prominent rate of growth was recorded in 2021 with an increase of 42%.

Export of Frozen Whole Chicken in Guatemala (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
El Salvador2.70.50.80.3-51.9%
OthersN/AN/AN/AN/A0%
Total2.70.50.80.3-51.9%

Top Export Markets for Frozen Whole Chicken from Guatemala in 2022:

  1. El Salvador (151.7 tons)

Source: IndexBox Market Intelligence Platform

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