Market research

Palm-kernel oilcake market in Guatemala

Release date: Mar 29, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Earlier Report Observations

Guatemala's palm-kernel oilcake market volume grew from 65.8 thousand tons in 2018 to 78.0 thousand tons in 2020, supported by the country's role as a major global palm oil exporter. Production remained stable around 93–101 thousand tons, driven by leading producers REPSA and Grupo HAME. During this period, palm cultivation expansion raised environmental concerns, and by 2020, 64% of cultivated area had sustainability certifications, shaping export market access.

Market volume dipped to 71.3 thousand tons in 2021 before surging to 102.7 thousand tons in 2022, when production peaked at 143.7 thousand tons. This increase coincided with heightened focus on sustainability certifications, despite questions about audit effectiveness. In 2023, both market volume and production declined to 85.3 thousand tons and 121.6 thousand tons respectively, marking a volatile period for the sector.

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, K 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, K 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, K 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 palm-kernel oilcake in Guatemala

In kind, 2017-2020, K t

From 2017 to 2020, Guatemala ranked as the world's sixth-largest producer of palm-kernel oilcake.

Top producers of palm-kernel oilcake, 2017-2020

Source: SHEV.io

World map of production of palm-kernel oilcake, 2017-2020

Source: SHEV.io

After two years of growth, palm-kernel oilcake production in Guatemala declined. In 2020, the country produced 93.3 thousand tonnes, marking a 7.6% year-on-year drop. Over the 2017-2020 period, production increased by 17.1%, with a compound annual growth rate of 5.4%. The highest production level was recorded in 2019 at 101.0 thousand tonnes, while the largest annual increase occurred in 2018 at 16.8%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	16.8%	8.5%	(7.6%)	5.4%

Source: SHEV.io

Exports palm-kernel oilcake from Guatemala

Exports in kind, t

The market showed an unstable trend throughout the period. Export volumes reached their lowest point in 2017 and peaked in 2019, with a 3.3-fold difference between these years. In 2020, Guatemala exported 31 000 tonnes of palm-kernel oilcake, down 28.3% year-on-year. The maximum export volume was recorded in 2019 at 43 257 tonnes, and the largest annual increase occurred in 2018 at 154.5%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	154.5%	29.7%	(28.3%)	33.2%

Source: SHEV.io

From 2017 to 2020, Honduras and El Salvador consistently accounted for 93.7% of Guatemala's total palm-kernel oilcake exports by volume, indicating a highly concentrated market with numerous smaller partners making up the remainder.

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

The market exhibited an unstable trend throughout the timeframe. Export values dropped to their minimum in 2017 and climbed to their maximum in 2019, representing a 2.7-fold increase. In 2020, Guatemala's palm-kernel oilcake exports amounted to 1 539 thousand US dollars, marking a 12.1% decrease compared to 2019. The highest value was recorded in 2019 at 1 751 thousand US dollars, with the largest annual increase also occurring in 2019 at 73.3%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	58.5%	73.3%	(12.1%)	34.1%

Source: SHEV.io

During 2017-2020, the geographical distribution of exports in value terms was characterized by the strong dominance of El Salvador, which accounted for 78.4% of total flows, while other trading partners held relatively minor shares.

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 palm-kernel oilcake to Guatemala

Imports in kind, t

Palm-kernel oilcake imports into Guatemala increased for the third consecutive year. In 2020, Guatemala imported 15 717 tonnes, up 63.7% compared to 2019. Between 2017 and 2020, imports grew by 2 262%, equating to an annualized rate of 186.9%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	806.8%	59.2%	63.7%	186.9%

Source: SHEV.io

Throughout 2017-2020, Guatemala's palm-kernel oilcake imports by volume were highly concentrated, with Honduras and Costa Rica jointly accounting for 100.0% of total flows.

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 palm-kernel oilcake imports increased in value for the third consecutive year. In 2020, the country imported 1 203 thousand US dollars worth of palm-kernel oilcake, representing a 67.7% increase compared to 2019. Between 2017 and 2020, import values grew by 2 146.8%, equating to an annualized rate of 182.2%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	851.8%	40.8%	67.7%	182.2%

Source: SHEV.io

From 2017 to 2020, the geographical pattern of imports in value terms was primarily determined by Honduras and Costa Rica, which together accounted for 100.0% of total flows.

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