Guavas Prices December 2023
Product
|
Category |
Region |
Price |
Guavas |
Agriculture |
USA |
1117 USD/MT |
Guavas |
Agriculture |
China |
2873 USD/MT |
Guavas |
Agriculture |
Germany |
2665 USD/MT |
In 2023, the price of guavas in the United States reached 1117 USD/MT by December. Similarly, in China, the guavas prices hit 2873 USD/MT in December 2023. Germany also saw guavas prices reaching 2665 USD/MT during December 2023.
Guavas Price Trend, Market Analysis, and News
IMARC's latest publication, “Guavas Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” presents a detailed examination of the guavas market, providing insights into both global and regional trends that are shaping prices. This report delves into the spot price of guavas at major ports and analyzes the composition of prices, including FOB and CIF terms. It also presents a detailed guavas price trend analysis by region, covering North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The factors affecting guavas pricing, such as the dynamics of supply and demand, geopolitical influences, and sector-specific developments, are thoroughly explored. This comprehensive report helps stakeholders stay informed with the latest market news, regulatory updates, and technological progress, facilitating informed strategic decision-making and forecasting.
Guavas Market Analysis
The global guavas market size reached 11.4 million tons in 2023. By 2032, IMARC Group expects the market to reach 17.08 million tons, at a projected CAGR of 4.60% during 2023-2032.
- The growing awareness of the health benefits and nutritional value of guava are major factors that are driving the expansion of this market. Guavas are rich in vitamin C, dietary fiber, and a range of antioxidants that combat oxidative stress. Oxidative stress is a causative factor for the onset of diabetes, obesity, and diabetes-induced microvascular diseases, including diabetic retinopathy, end-stage renal disease, atherosclerosis, and cardiovascular disease (CVD). 29.7 million people of all ages, accounting for 8.9% of the U.S. population, have been diagnosed with diabetes. The fruit's high potassium content helps regulate blood pressure, while its low glycemic index makes it suitable for people with diabetes.
- The heightened concern about synthetic chemicals and pesticides that are used in producing fruits has made many consumers adopt organically grown produce. The organic foods industry is expanding at an impressive pace of 10.97% each year and is expected to reach $528.9 billion by 2032. Organic guavas that are cultivated with minimal chemical inputs fit well into this category. Moreover, better access to products in supermarkets and online stores, coupled with an increased focus on certifications and regulations that assure consumers of the quality and authenticity of organic food items, has bolstered the expansion of this market.
- The expanding functional foods and beverages (F&B) sector is a major driver for the guava market. The market for functional foods is expected to reach US$ 368.9 billion by 2032, with a staggering 5.7% growth rate. The fruit's high antioxidant content and rich nutrient profile make it an ideal candidate for functional food products that are aimed at improving health and wellness. It is also used in health drinks, fortified juices, and smoothies that are designed to offer health benefits such as enhanced immunity and digestive health. The innovation in this sector, driven by consumer demand for healthier food and beverage options, is significantly boosting the guava market.
- The increasing economic development and disposable incomes are encouraging more people to spend on premium and healthy food products. Guavas have been profiting from this trend as the demand for both fresh and processed guava products rise. For example, India's per capita disposable income rose by 8% in FY24 and 13.3% in FY23. Furthermore, in Europe, real household income per capita climbed by 2.6% in 2021. Customers have been able to experiment with different meals and adopt healthier eating habits due to their increased discretionary income. This shift in consumer behavior towards prioritizing quality and health is a significant factor driving the market growth.
Guavas News
The report covers the latest developments, updates, and trends impacting the price of guavas, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, technological innovations, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the guavas price trend.
Latest developments in the guavas industry:
- January 2024: The Allahabadi guava, a GI-tagged variety, is gaining popularity globally, with orders received from England and Dubai for 10 quintals each. Farmers can now earn Rs 120/kg by directly selling to exporters, bypassing middlemen. To meet the rising demand, the Department of Horticulture will provide training to farmers on quality maintenance and cultivation practices. This opportunity enables farmers to earn higher prices and expand their market reach.
- January 2024: Two new guava hybrids, Pusa Aarushi and Pusa Pratiksha, developed by ICAR-IARI, were released for commercial cultivation in NCT Delhi and NC Region. Pusa Aarushi and Pusa Pratiksha are both suitable for cultivation in North and Central India.
Product Description
Guava refers to a tropical fruit that is known for its sweet flavor and numerous health benefits. It is available in several types, including common, apple, and strawberry guava. It exhibits numerous properties, such as a high vitamin C content, dietary fiber, and antioxidants. It is also rich in essential nutrients such as potassium, vitamin A, and folic acid. Guava is mostly eaten fresh and used in smoothies, juices, jams, jellies, candies, sauces, dried snacks, and in baking recipes.
It boosts immunity, improves heart health, aids digestion, helps manage diabetes, supports weight loss, promotes skin health, enhances vision, reduces the risk of cancer, alleviates menstrual pain, and combats stress. Moreover, it is lauded for its high nutrient density, low-calorie content, natural sweetness, availability, affordability, ease of cultivation, and long shelf life.
Regional Coverage
The report provides a detailed analysis of the market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of FOB and CIF prices, as well as the key factors influencing the guavas price trend.
Global Guavas Price
The report offers a holistic view of the global guavas pricing trends in the form of guavas price charts, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level. This comprehensive analysis not only highlights current price levels but also provides insights into historical price of guavas, enabling stakeholders to understand past fluctuations and their underlying causes. The report also delves into price forecast models, projecting future price movements based on a variety of indicators such as expected changes in supply chain dynamics, anticipated policy shifts, and emerging market trends. By examining these factors, the report equips industry participants with the necessary tools to make informed strategic decisions, manage risks, and capitalize on market opportunities. Furthermore, it includes a detailed guavas demand analysis, breaking down regional variations and identifying key drivers specific to each geographic market, thus offering a nuanced understanding of the global pricing landscape.
Europe Guavas Price
European guavas prices are examined, highlighting the market-specific influences in the region, such as stringent environmental regulations, the competitive landscape, and import-export imbalances that significantly affect pricing structures.
Detailed price information for guavas can also be provided for an extensive list of European countries.
Region |
Countries Covered |
Europe |
Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal, and Greece, among other European countries. |
North America Guavas Price
The analysis of guavas prices in North America delves into the regional industry dynamics, encompassing the impact of local production and the trade flows between North America and other significant global markets.
Specific guavas historical data within the United States and Canada can also be provided.
Region |
Countries Covered |
North America |
United States and Canada |
Middle East and Africa Guavas Price
The report explores the guavas pricing trends in the Middle East and Africa, considering factors like the availability of natural resources, and geopolitical tensions that uniquely influence market prices.
Region-wise data and information on specific countries within these regions can also be provided.
Region |
Countries Covered |
Middle East & Africa |
Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco, among other Middle Eastern and African countries. |
Asia Pacific Guavas Price
The guavas pricing trends in the Asia Pacific are examined, reflecting the role of the region as a major global producer and consumer of agricultural products, with price dynamics heavily influenced by supply chain efficiencies, regional demand surges, and policy shifts in major economies.
This guavas price analysis can be expanded to include a comprehensive list of countries within the region.
Region |
Countries Covered |
Asia Pacific |
China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand, among other Asian countries. |
Latin America Guavas Price
The analysis of guavas prices in Latin America provides a detailed overview, reflecting the unique market dynamics in the region influenced by economic policies, agricultural output, and trade frameworks.
This comprehensive review can be extended to include specific countries within Latin America.
Region |
Countries Covered |
Latin America |
Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru, among other Latin American countries. |
Report Coverage
Key Attributes |
Details |
Product Name |
Guavas |
Report Features |
Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, Guavas Price Analysis, and Segment-Wise Assessment. |
Currency/Units |
US$ (Data can also be provided in local currency) or Metric Tons |
Region/Countries Covered |
The current coverage includes analysis at the global and regional levels only.
Based on your requirements, we can also customize the report and provide specific information for the following countries:
Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand*
Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece*
North America: United States and Canada
Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru*
Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco*
*The list of countries presented is not exhaustive. Information on additional countries can be provided if required by the client. |
Information Covered for Key Suppliers |
- Company Overview
- Business Description
- Recent Trends and Developments
|
Customization Scope |
The report can be customized as per the requirements of the customer |
Report Price and Purchase Option |
Plan A: Monthly Updates - Annual Subscription
- Scope
- Historical Data for the Current Month
- Forecast for Next Month
- Total Deliverables Per Year: 12 (One Per Month)
- Includes: One PDF and Excel datasheet per month, Post Purchase Analyst Support throughout the year
Plan B: Quarterly Updates - Annual Subscription
- Scope
- Historical Data for the Current Quarter
- Forecast for Next Quarter
- Total Deliverables Per Year: 4 (One Per Quarter)
- Includes: One PDF and Excel datasheet per Quarter, Post Purchase Analyst Support throughout the year
Plan C: Biannually Updates - Annual Subscription
- Scope
- Historical Data for the Current Half
- Forecast for the Next Half
- Total Deliverables Per Year: 2 (One Per 6 Months)
- Includes: One PDF and Excel datasheet per Half, Post Purchase Analyst Support throughout the year
|
Post-Sale Analyst Support |
360-degree analyst support after report delivery |
Delivery Format |
PDF and Excel through email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Benefits for Stakeholders:
- IMARC’s report presents a detailed analysis of guavas pricing, covering global and regional trends, spot prices at key ports, and a breakdown of FOB and CIF prices.
- The study examines factors affecting guavas price trend, including input costs, supply-demand shifts, and geopolitical impacts, offering insights for informed decision-making.
- The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
- IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The guavas price charts ensure our clients remain at the forefront of the industry.