Market research

Coconuts market in Guatemala

Release date: Mar 27, 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

Coconut cultivation in Guatemala is primarily located in the Pacific and Caribbean coastal regions, where the crop adapts well to sandy and saline soils. Production serves both local consumption and export of derived products like oil, coconut water, and fiber, establishing a stable base for the market.

From 2018 to 2023, the domestic market volume for coconuts experienced notable shifts. After starting at 17 471 t in 2018, it contracted to 14 807 t in 2019 and further to 13 649 t in 2020. The decline slowed in 2021, with the market stabilizing around 13 370 t. A strong rebound occurred in 2022, pushing the market volume up to 18 035 t, but it fell again to 13 695 t in 2023.

These movements resulted from varying levels of production and export activity. Production remained at 18 000 t in 2018 and 2019, dropped to 14 400 t for 2020 and 2021, returned to 18 000 t in 2022, and dipped slightly to 17 735 t in 2023. Concurrently, export volumes fluctuated sharply, influencing the amount of product available for domestic consumption.

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 coconuts in Guatemala

In kind, 2017-2020, t

Top producers of coconuts, 2017-2020

Source: SHEV.io

World map of production of coconuts, 2017-2020

Source: SHEV.io

In 2019, Guatemala's coconut production reached its highest point, but in 2020 it fell sharply to 14,400 tons, representing a 20.0% decrease from the previous year. Over the 2017-2020 period, production declined by 25%, with an average annual decrease of 9.1%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(6.3%)	-	(20.0%)	(9.1%)

Source: SHEV.io

Exports coconuts from Guatemala

Exports in kind, t

Export volumes showed significant volatility during this period. In 2018, exports hit their lowest point at 813 tons, then surged dramatically in 2019 to reach a peak of 3,533 tons - a 334.8% increase. By 2020, exports had fallen sharply to 1,107 tons, marking a 68.7% decrease from 2019 levels. Overall, exports varied by 4.3-fold between their lowest and highest points.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(44.2%)	334.8%	(68.7%)	(8.7%)

Source: SHEV.io

From 2017 through 2020, El Salvador consistently served as Guatemala's primary export market for coconuts, accounting for 98.7% of total physical exports throughout this period.

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

After two consecutive years of growth, Guatemala's coconut exports in value terms declined in 2020 to $77.9 thousand, representing a 50.4% decrease from the previous year. The peak value was recorded in 2019 at $157.0 thousand, following a 52.5% increase in 2018. Over the entire 2017-2020 period, export values increased by 12.9%, with an average annual growth rate of 4.1%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	52.5%	49.3%	(50.4%)	4.1%

Source: SHEV.io

Between 2017 and 2020, El Salvador and the Netherlands together accounted for 80.8% of Guatemala's total coconut export value, with the remaining share distributed among various other destinations.

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 coconuts to Guatemala

Imports in kind, t

Guatemala's coconut imports continued to grow for the third consecutive year, reaching 356 tons in 2020 - a moderate 4.8% increase from 2019. Over the 2017-2020 period, imports increased by 79%, equivalent to an average annual growth rate of 21.4%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	42.4%	19.9%	4.8%	21.4%

Source: SHEV.io

From 2017 to 2020, the Philippines dominated Guatemala's coconut imports in physical terms, consistently supplying 93.9% of total import volumes.

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

In 2020, Guatemala's coconut imports in value terms reached $831.1 thousand, representing a 20.8% increase from the previous year. The most significant growth occurred in 2018 with a 41.3% increase, while 2019 saw a 9.5% decline. Over the 2017-2020 period, import values increased by 54.4%, with an average annual growth rate of 15.6%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	41.3%	(9.5%)	20.8%	15.6%

Source: SHEV.io

During the 2017-2020 period, the Philippines was Guatemala's primary source of coconut imports in value terms, accounting for 89.4% of total import value, while the remaining share came from a diverse group of other countries.

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