Market research

Non-vegetable waxes 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

The Guatemalan market for non-vegetable waxes, including beeswax and spermaceti, experienced noticeable fluctuations in volume between 2018 and 2023. Starting at 74.8 metric tons in 2018, consumption dipped to 72.4 metric tons the following year before recovering to 74.0 metric tons in 2020.

A significant expansion occurred in 2021, with the market volume rising to 80.7 metric tons. This was followed by a contraction to 75.8 metric tons in 2022 and a further slight decline to 74.2 metric tons in 2023. Guatemala's trade in these waxes involves imports from suppliers such as the United States, Germany, Brazil, China, and Mali, while exports primarily go to the United States, Japan, Germany, India, and Costa Rica.

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, kg
  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, kg
  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, kg
  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, kg
    1. 6.1.2.1. Annual dynamics of product's imports to Guatemala in kind, 2018-2024, kg
    2. 6.1.2.2. Dynamics of product's imports in kind to Guatemala by countries, 2018-2024, kg
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Guatemala in value, 2018-2024, $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Guatemala by countries, 2018-2024, $ 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, kg
    1. 6.2.2.1. Annual dynamics of product's imports to Guatemala in kind, 2018-2024, kg
    2. 6.2.2.2. Dynamics of product's imports in kind to Guatemala by countries, 2018-2024, kg
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Guatemala in value, 2018-2024, $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Guatemala by countries, 2018-2024, $ 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, kg
    1. 7.1.2.1. Annual dynamics of product's exports from Guatemala in kind, 2018-2024, kg
    2. 7.1.2.2. Dynamics of product's exports in kind from Guatemala by countries, 2018-2024, kg
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.1.3. Exports in value, $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Guatemala in value, 2018-2024, $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Guatemala by countries, 2018-2024, $ 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, kg
    1. 7.2.2.1. Annual dynamics of product's exports from Guatemala in kind, 2018-2024, kg
    2. 7.2.2.2. Dynamics of product's exports in kind from Guatemala by countries, 2018-2024, kg
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.2.3. Exports in value, $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Guatemala in value, 2018-2024, $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Guatemala by countries, 2018-2024, $ 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, kg
  2. 8.1.2. In value, $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, kg
  2. 8.2.2. In value, $ 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 non-vegetable waxes in Guatemala

In kind, 2017-2020, kg

Top producers of non-vegetable waxes, 2017-2020

Source: SHEV.io

World map of production of non-vegetable waxes, 2017-2020

Source: SHEV.io

Guatemala's production of non-vegetable waxes increased for the second consecutive year. In 2020, the country produced 71 150 kg, showing minimal change from the previous year. The lowest production level was recorded in 2018 at 70 990 kg. That year also saw the largest decline of 0.2%, while 2019 experienced the biggest increase of 0.1%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(0.2%)	0.1%	0.1%	0.0%

Source: SHEV.io

Exports non-vegetable waxes from Guatemala

Exports in kind, kg

The market showed an unstable trend throughout the period. Export levels fluctuated significantly, with a 2.7-fold difference between the peak in 2019 and the low in 2018. In 2020, Guatemala exported 3 613 kg of non-vegetable waxes, representing a sharp decline of 56.8% from the previous year. The minimum export volume was 3 137 kg in 2018, while the maximum reached 8 368 kg in 2019. That year also saw the largest increase of 166.8%.

Annual dynamics of product's exports from Guatemala in kind, 2017-2020, kg

Parameter		2018	2019	2020	CAGR
1	Change from last year	(54.2%)	166.8%	(56.8%)	(19.2%)

Source: SHEV.io

From 2017 to 2020, Costa Rica and El Salvador remained the leading markets for Guatemala's non-vegetable wax exports in volume terms, together accounting for 84.9% of total flows. Other trading partners played a supplementary role during 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, $ US

The market demonstrated volatility over the observed timeframe. Export values varied by 2.3-fold between the high in 2019 and the low in 2018. In 2020, Guatemala exported non-vegetable waxes worth 14 035 US dollars, which was 43.3% lower than in 2019. The minimum value was recorded in 2018 at 10 954 US dollars, while the maximum reached 24 754 US dollars in 2019. That year saw the largest increase of 126.0%, while 2018 experienced the biggest decline of 52.8%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(52.8%)	126.0%	(43.3%)	(15.4%)

Source: SHEV.io

Throughout the 2017-2020 period, Costa Rica and El Salvador accounted for 87.3% of Guatemala's total non-vegetable wax exports in value terms. The remaining share was distributed among other destinations, each with smaller individual contributions.

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 non-vegetable waxes to Guatemala

Imports in kind, kg

In 2020, Guatemala imported 6 497 kg of non-vegetable waxes, marking a significant decrease of 32.7% compared to the previous year. Between 2017 and 2020, imports fell by 49.2%, equivalent to an annualized decline of 20.2%. The largest decrease occurred in 2018 at 45.7%, while 2019 saw the biggest increase of 38.9%.

Annual dynamics of product's imports to Guatemala in kind, 2017-2020, kg

Parameter		2018	2019	2020	CAGR
1	Change from last year	(45.7%)	38.9%	(32.7%)	(20.2%)

Source: SHEV.io

From 2017 to 2020, Germany accounted for 82.8% of Guatemala's total non-vegetable wax imports in volume terms. The remaining share was spread across a diverse range of smaller trading partners.

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, $ US

In 2020, Guatemala imported non-vegetable waxes worth 44 985 US dollars, representing a decline of 27.7% from 2019. Between 2017 and 2020, imports decreased by 47.5%, which translates to an annualized reduction of 19.3%. The largest decline was recorded in 2018 at 46.6%, while 2019 experienced the biggest increase of 36.1%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(46.6%)	36.1%	(27.7%)	(19.3%)

Source: SHEV.io

Throughout the 2017-2020 period, Germany remained the primary source for Guatemala's non-vegetable wax imports in value terms, capturing 84.1% of total flows. The remaining share was distributed across various smaller markets.

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