Earlier Report Observations
The market for non-rendered pig fat in Guatemala expanded significantly from 2 468 t in 2018 to 3 675 t in 2023, representing a 49% increase over the six-year period. This growth was primarily driven by a surge in imports, which rose from 165 t to 1 039 t, while domestic production saw a more modest rise from 2 304 t to 2 636 t. The most notable market expansions occurred in 2021, when volume jumped by 17.6% to 3 201 t, and again in 2023, with an 11.7% increase to 3 675 t.
Import volumes were the key variable, peaking at 1 050 t in 2021 before a temporary dip in 2022 and a subsequent recovery. Domestic production stabilized after 2021 and then grew in 2022 and 2023, contributing to the overall market expansion. The consistent upward trend in total market volume highlights growing consumption, supported by increased international supply.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2018-2023
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2023
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Guatemala
- 5.1.1. Annual dynamics of production in Guatemala in kind, 2018-2023, t
- 5.1.2. Annual dynamics of production in Guatemala in value, 2018-2023, $ US
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5.2. Global production by Country, 2018-2023
- 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
- 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
- 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
- 5.2.4. Structure of production by countries in kind, 2018-2023
- 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
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5.1. Production in Guatemala
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6. Imports
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6.1. Imports (Direct Data)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, t
- 6.1.2.1. Annual dynamics of product's imports to Guatemala in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's imports in kind to Guatemala by countries, 2018-2024, t
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.1.3. Imports in value, K $ US
- 6.1.3.1. Annual dynamics of product's imports to Guatemala in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's imports in value to Guatemala by countries, 2018-2024, K $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
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6.1.4. Average price of product's imports, $ US/kg
- 6.1.4.1. Annual dynamics of average price of product's imports to Guatemala, 2018-2024, $ US/kg
- 6.1.4.2. Dynamics of average price of product's imports to Guatemala by countries, 2018-2024, $ US/kg
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, t
- 6.2.2.1. Annual dynamics of product's imports to Guatemala in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's imports in kind to Guatemala by countries, 2018-2024, t
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.2.3. Imports in value, K $ US
- 6.2.3.1. Annual dynamics of product's imports to Guatemala in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's imports in value to Guatemala by countries, 2018-2024, K $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
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6.2.4. Average price of product's imports, $ US/kg
- 6.2.4.1. Annual dynamics of average price of product's imports to Guatemala, 2018-2024, $ US/kg
- 6.2.4.2. Dynamics of average price of product's imports to Guatemala by countries, 2018-2024, $ US/kg
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6.1. Imports (Direct Data)
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7. Exports
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7.1. Exports (Direct Data)
- 7.1.1. Exports - Total information
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7.1.2. Exports in kind, t
- 7.1.2.1. Annual dynamics of product's exports from Guatemala in kind, 2018-2024, t
- 7.1.2.2. Dynamics of product's exports in kind from Guatemala by countries, 2018-2024, t
- 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.1.3. Exports in value, K $ US
- 7.1.3.1. Annual dynamics of product's exports from Guatemala in value, 2018-2024, K $ US
- 7.1.3.2. Dynamics of product's exports in value from Guatemala by countries, 2018-2024, K $ US
- 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
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7.1.4. Average price of product's exports, $ US/kg
- 7.1.4.1. Annual dynamics of average price of product's exports from Guatemala, 2018-2024, $ US/kg
- 7.1.4.2. Dynamics of average price of product's exports from Guatemala by countries, 2018-2024, $ US/kg
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7.2. Exports (Mirror Data)
- 7.2.1. Exports - Total information
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7.2.2. Exports in kind, t
- 7.2.2.1. Annual dynamics of product's exports from Guatemala in kind, 2018-2024, t
- 7.2.2.2. Dynamics of product's exports in kind from Guatemala by countries, 2018-2024, t
- 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.2.3. Exports in value, K $ US
- 7.2.3.1. Annual dynamics of product's exports from Guatemala in value, 2018-2024, K $ US
- 7.2.3.2. Dynamics of product's exports in value from Guatemala by countries, 2018-2024, K $ US
- 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
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7.2.4. Average price of product's exports, $ US/kg
- 7.2.4.1. Annual dynamics of average price of product's exports from Guatemala, 2018-2024, $ US/kg
- 7.2.4.2. Dynamics of average price of product's exports from Guatemala by countries, 2018-2024, $ US/kg
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7.1. Exports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, K $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2024
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production non-rendered pig fat free of lean meat in Guatemala
In kind, 2017-2020, t
Top producers of non-rendered pig fat free of lean meat, 2017-2020
World map of production of non-rendered pig fat free of lean meat, 2017-2020
In Guatemala, production of non-rendered pig fat free of lean meat reached 2,168 tons in 2020, marking a slight increase of 0.7% compared to 2019. Over the 2017-2020 period, overall production declined by 3.4%, with an average annual growth rate of -1.2%. The lowest production level was recorded in 2019 at 2,152 tons, while the highest was in 2018 at 2,304 tons. The most significant production decrease occurred in 2019 with a 6.6% drop, while the largest increase was in 2018 with a 2.6% rise.
Annual dynamics of production in Guatemala in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 2.6% | (6.6%) | 0.7% | (1.2%) |
Exports non-rendered pig fat free of lean meat from Guatemala
Exports in kind, t
The export market showed considerable volatility throughout the period. Exports reached their lowest point in 2020 and peaked in 2018, with a 7.2-fold difference between these years. In 2020, Guatemala's cross-border shipments of non-rendered pig fat free of lean meat amounted to 0.1 tons, representing a substantial increase of 369.1% compared to the previous year.
Annual dynamics of product's exports from Guatemala in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 369.1% | n/a | n/a | (13.2%) |
Between 2017 and 2020, Guatemala's exports of non-rendered pig fat free of lean meat were almost exclusively directed to Nicaragua, which accounted for 100.0% of total export flows.
Structure of product's exports in kind by countries, 2017-2020
World map of product's exports from Guatemala in kind, 2017-2020
Exports in value, K $ US
The market experienced noticeable fluctuations during this period. The lowest export value was recorded in 2017, while the highest was in 2018, showing a 17-fold difference between these years. In 2020, Guatemala's exports of non-rendered pig fat free of lean meat reached 2,000 US dollars, representing a significant increase of 1,623.7% compared to the previous year.
Annual dynamics of product's exports from Guatemala in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 1 623.7% | n/a | n/a | 28.7% |
From 2017 to 2020, Guatemala's export value structure showed strong dependence on Nicaragua, which absorbed 100.0% of total export value.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Guatemala in value, 2017-2020
Imports non-rendered pig fat free of lean meat to Guatemala
Imports in kind, t
Import volumes showed considerable volatility during these years. The lowest import level was recorded in 2018, while the highest was in 2020, with a 3.4-fold difference between these years. In 2020, Guatemala's imports of non-rendered pig fat free of lean meat reached 553.8 tons, indicating a modest increase of 3.8% compared to the previous year. The minimum value of 165.3 tons was recorded in 2018. The most significant decline occurred in 2018 with a 13.5% decrease, while the largest increase was in 2019 with a 222.8% rise.
Annual dynamics of product's imports to Guatemala in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (13.5%) | 222.8% | 3.8% | 42.6% |
During the 2017-2020 period, Guatemala's imports of non-rendered pig fat free of lean meat were primarily sourced from the United States, which accounted for 99.8% of total import volumes.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Guatemala in kind, 2017-2020
Imports in value, K $ US
The import market exhibited an unstable trend throughout the timeframe. The lowest value was recorded in 2017, while the highest was in 2019, showing a 2.4-fold difference between these years. In 2020, Guatemala's imports of non-rendered pig fat free of lean meat reached 1,151,000 US dollars, representing a notable decline of 17.0% compared to the previous year. The maximum value of 1,387,000 US dollars was recorded in 2019. The most significant increase occurred in 2019 with a 132.8% rise.
Annual dynamics of product's imports to Guatemala in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 3.3% | 132.8% | (17.0%) | 25.9% |
Throughout the 2017-2020 period, Guatemala's import value structure was dominated by the United States, which consistently accounted for 99.7% of total import flows.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Guatemala in value, 2017-2020
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