Guatemala: Lettuce And Chicory Market 2024

Lettuce And Chicory Market Size in Guatemala

The Guatemalan lettuce and chicory market reduced slightly to $X in 2023, which is down by X% against the previous year. Over the period under review, consumption, however, saw a relatively flat trend pattern. Lettuce and chicory consumption peaked at $X in 2020; however, from 2021 to 2023, consumption failed to regain momentum.

Lettuce And Chicory Production in Guatemala

In value terms, lettuce and chicory production fell slightly to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of X%. Lettuce and chicory production peaked at $X in 2020; however, from 2021 to 2023, production stood at a somewhat lower figure.

The average yield of lettuce and chicory in Guatemala shrank to X tons per ha in 2023, flattening at the year before. Over the period under review, the yield, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the yield increased by X%. As a result, the yield attained the peak level of X tons per ha. From 2021 to 2023, the growth of the average lettuce and chicory yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The lettuce and chicory harvested area in Guatemala fell modestly to X ha in 2023, approximately reflecting the previous year's figure. The harvested area increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2014 when the harvested area increased by X%. Over the period under review, the harvested area dedicated to lettuce and chicory production reached the peak figure at X ha in 2016; however, from 2017 to 2023, the harvested area remained at a lower figure.

Lettuce And Chicory Exports

Exports from Guatemala

In 2023, after three years of growth, there was decline in overseas shipments of lettuce and chicory, when their volume decreased by X% to X tons. In general, total exports indicated a buoyant increase from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by X%. Over the period under review, the exports attained the maximum at X tons in 2022, and then contracted slightly in the following year.

In value terms, lettuce and chicory exports expanded markedly to $X in 2023. Over the period under review, exports, however, showed a resilient expansion. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum in 2023 and are expected to retain growth in the near future.

Exports by Country

El Salvador (X tons) was the main destination for lettuce and chicory exports from Guatemala, with a X% share of total exports. Moreover, lettuce and chicory exports to El Salvador exceeded the volume sent to the second major destination, Honduras (X tons), twofold. Nicaragua (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume to El Salvador amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Honduras (X% per year) and Nicaragua (X% per year).

In value terms, El Salvador ($X) remains the key foreign market for lettuce and chicory exports from Guatemala, comprising X% of total exports. The second position in the ranking was taken by Honduras ($X), with a X% share of total exports. It was followed by Nicaragua, with an X% share.

From 2012 to 2023, the average annual growth rate of value to El Salvador totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Honduras (X% per year) and Nicaragua (X% per year).

Export Prices by Country

The average lettuce and chicory export price stood at $X per ton in 2023, rising by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2019 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2020 to 2023, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Honduras ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (X%), while the prices for the other major destinations experienced more modest paces of growth.

Lettuce And Chicory Imports

Imports into Guatemala

In 2023, purchases abroad of lettuce and chicory decreased by X% to X tons for the first time since 2020, thus ending a two-year rising trend. In general, imports faced a dramatic setback. The pace of growth was the most pronounced in 2017 when imports increased by X%. Over the period under review, imports attained the peak figure at X tons in 2022, and then declined significantly in the following year.

In value terms, lettuce and chicory imports contracted notably to $X in 2023. Over the period under review, imports recorded a dramatic decline. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. Imports peaked at $X in 2022, and then fell markedly in the following year.

Imports by Country

In 2023, Honduras (X tons) was the main lettuce and chicory supplier to Guatemala, with a approx. X% share of total imports.

From 2012 to 2023, the average annual growth rate of volume from Honduras amounted to X%.

In value terms, Honduras ($X) constituted the largest supplier of lettuce and chicory to Guatemala.

From 2012 to 2023, the average annual rate of growth in terms of value from Honduras amounted to X%.

Import Prices by Country

The average lettuce and chicory import price stood at $X per ton in 2023, declining by X% against the previous year. Overall, the import price faced a abrupt descent. The pace of growth appeared the most rapid in 2013 an increase of X%. The import price peaked at $X per ton in 2014; however, from 2015 to 2023, import prices remained at a lower figure.

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

From 2012 to 2023, the rate of growth in terms of prices for Nicaragua amounted to X% per year.

Source: IndexBox Platform