Guatemalan Cardamom Exports Increase by 177.6%

Up to and including May 14, a record of $172.3 million for sales of the grain was registered with respect to the $62.1 million sold during the same period in 2008.

Monday, May 25, 2009

According to data from the Bank of Guatemala, almost all cardamom is exported to the countries of Saudi Arabia, UAE, Jordan, Kuwait, India, Pakistan, Syria, Israel and Singapore.

Ovidio Fernandez, president of the Association of Guatemalan Cardamom Dealers (CARDEGUA) told Elperiodico.com.gt: "Most producers are indigenous peasants who have small plots of one or two acres which they work with their family and then they sell the cardamom to an intermediary, who carries out the drying process and subsequently resells it to exporters."



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Guatemalan Cardamom and Ramadan

August 2012

The current harvest will not be in time to take advantage of peak consumption which occurs during Ramadan, which this year has been moved forward in the calendar.

An article in Elperiodico.com.gt reports that "Guatemala is the largest exporter of cardamom in the world and supplier to Middle Eastern countries, but this year it will not be able to take advantage of Ramadan, as India, the largest producer, has started its harvest last month. "

Guatemala: Increased Cardamom Production

March 2015

After a difficult year because of the impact of the Thrips pest and declining international prices, at the end of 2014 $240 million were generated in export earnings.

With the annual increase of 10% in production, Guatemala maintains its global market lead in cardamom sales.

Guatemala: 46% Increase in Cardamom Exports

May 2011

In the first three months of 2011 foreign sales reached 8.1 million kg, 46% more than in the same period in 2010.

For the same period, according to the Banco de Guatemala, foreign exchange earnings from exports reported an increase of 85.8% compared to 2010.

An article in Siglo21.com.gt reports, "The exporters said that the rise is due to the situation in the Middle East, where despite problems, there will be greater demand in the short term due to increased consumption of this product.

Guatemalan cardamom exports increase by 46.1%

October 2008

According to Banguat, currency earnings by this item for the first six months of the year were $110 million, or 46.1% more than for the same period in 2007.

Cardamom makes up 2.3% of the country's total exports, which in July were $4.7 billion.
Rodolfo Rivera from Expocard, a cardomom exporting company, commented that Guatemala currently leads in the global production of the aromatic seed, despite the ups and downs in prices.

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Asociación Guatemalteca de Exportadores -AGEXPORT-

The Guatemalan Exporters Association is a private non-profit entity, established in 1982; that represents, promotes and develops non traditional exports of Guatemalan companies.
Operates in Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Guatemala
Phone: (502) 2422-3400

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