Market research

Beef, sheep or goat fat market in Guatemala

Release date: Mar 28, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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Earlier Report Observations

From 2018 to 2020, the market volume for beef, sheep, and goat fats in Guatemala contracted from 26 279 t to 14 125 t, primarily due to a steep decline in imports. Domestic production, however, saw gradual growth from 7 529 t to 7 890 t, supported by the implementation of the National Sustainable Low-Emission Bovine Livestock Policy in 2018, which aimed to improve environmentally friendly production. The creation of the National Small Ruminant Health Program (PRONASPER) in 2019 further bolstered animal health standards for sheep and goats, while the continued application of the Animal and Plant Health Law in 2020 helped maintain production stability.

Between 2021 and 2023, market volume fluctuated, reaching 14 766 t in 2021 before dropping to 11 281 t in 2022 and recovering to 12 370 t in 2023. Production trends were positive, with a notable surge of 49% in 2023 to 12 317 t, offsetting near-zero imports that year. This production jump coincided with increased international demand for edible fats and oils, which became Guatemala's second-most important export category, driven by foreign market opportunities.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Guatemala
  1. 5.1.1. Annual dynamics of production in Guatemala in kind, 2018-2023, t
  2. 5.1.2. Annual dynamics of production in Guatemala in value, 2018-2023, $ US
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Imports
1. 6.1. Imports (Direct Data)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, t
    1. 6.1.2.1. Annual dynamics of product's imports to Guatemala in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's imports in kind to Guatemala by countries, 2018-2024, t
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Guatemala in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Guatemala by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's imports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Guatemala, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to Guatemala by countries, 2018-2024, $ US/t
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, t
    1. 6.2.2.1. Annual dynamics of product's imports to Guatemala in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's imports in kind to Guatemala by countries, 2018-2024, t
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Guatemala in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Guatemala by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's imports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Guatemala, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to Guatemala by countries, 2018-2024, $ US/t
7. Exports
1. 7.1. Exports (Direct Data)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, t
    1. 7.1.2.1. Annual dynamics of product's exports from Guatemala in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's exports in kind from Guatemala by countries, 2018-2024, t
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.1.3. Exports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Guatemala in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Guatemala by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's exports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Guatemala, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's exports from Guatemala by countries, 2018-2024, $ US/t
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, t
    1. 7.2.2.1. Annual dynamics of product's exports from Guatemala in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's exports in kind from Guatemala by countries, 2018-2024, t
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.2.3. Exports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Guatemala in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Guatemala by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's exports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Guatemala, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's exports from Guatemala by countries, 2018-2024, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production beef, sheep or goat fat in Guatemala

In kind, 2017-2020, t

Top producers of beef, sheep or goat fat, 2017-2020

Source: SHEV.io

World map of production of beef, sheep or goat fat, 2017-2020

Source: SHEV.io

Guatemala's production of beef, sheep, or goat fat increased for the second consecutive year. In 2020, the country produced 7 890 tons, marking a modest rise of 1.9% compared to the previous year. Over the period from 2017 to 2020, production grew by 2.4%, which translates to an annualized rate of 0.8%. The lowest production level was recorded in 2018 at 7 529 tons, with the largest decline of 2.3% occurring that same year. In contrast, the largest increase of 2.9% was observed in 2019.

Annual dynamics of production in Guatemala in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(2.3%)	2.9%	1.9%	0.8%

Source: SHEV.io

Exports beef, sheep or goat fat from Guatemala

Exports in kind, t

Annual dynamics of product's exports from Guatemala in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	n/a	n/a	-

Source: SHEV.io

From 2017 to 2020, Guatemala's exports of beef, sheep, or goat fat were almost entirely directed to Honduras, which accounted for 100.0% of total exports in volume terms.

Structure of product's exports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Guatemala in kind, 2017-2020

Source: SHEV.io

Exports in value, K $ US

Annual dynamics of product's exports from Guatemala in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	n/a	n/a	-

Source: SHEV.io

Throughout 2017–2020, Honduras dominated the export structure in value terms, consistently representing 100.0% of total export flows.

Structure of product's exports in value by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Guatemala in value, 2017-2020

Source: SHEV.io

Imports beef, sheep or goat fat to Guatemala

Imports in kind, t

Guatemala's imports of foreign beef, sheep, or goat fat declined for the second consecutive year. In 2020, the country imported 6 235 tons, reflecting a significant drop of 34.5% compared to the previous year. Between 2017 and 2020, imports decreased by 64.4%, equating to an annualized rate of 29.2%. The highest import volume was recorded in 2018 at 18 749 tons, with the largest increase of 6.9% occurring that year. The largest decline of 49.2% was observed in 2019.

Annual dynamics of product's imports to Guatemala in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	6.9%	(49.2%)	(34.5%)	(29.2%)

Source: SHEV.io

During 2017–2020, the United States was the primary supplier of beef, sheep, or goat fat to Guatemala, accounting for 81.1% of total imports in volume. The remaining share was distributed among a diverse group of other countries.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Guatemala in kind, 2017-2020

Source: SHEV.io

Imports in value, K $ US

Guatemala's import volumes of beef, sheep, or goat fat in value terms declined for the third consecutive year. In 2020, import value amounted to 6 024 thousand US dollars, showing a contraction of 32.2% year-over-year. From 2017 to 2020, imports decreased by 65%, which corresponds to an annualized rate of 29.5%.

Annual dynamics of product's imports to Guatemala in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(7.9%)	(44.0%)	(32.2%)	(29.5%)

Source: SHEV.io

Over 2017–2020, the United States was the dominant market for Guatemala's imports in value terms, capturing 81.6% of total flows. Other countries collectively accounted for the remaining share.

Structure of product's imports in value by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Guatemala in value, 2017-2020

Source: SHEV.io