Good Figures for Cardamom

In 2017, cardamom exports from Guatemala totaled $367 million, and the 60% increase compared to the previous year was mainly due to an increase in the international price.

Wednesday, February 21, 2018

The increase in export value was mainly due to an increase registered in the price of cardamom on the international market over the past year, as it increased from $6.42 per kilo in 2016 to $10.27 per kilo in 2017, which represents growth of 60%, which coincides with the increase in the amount sold abroad.

See "Monitoring of crops in Central America"

Jorge Mario del Cid, president of the Cardamomo Committee at the Guatemalan Association of Exporters, told that " ... the 2016-2017 harvest ended on September 30 with 29,700 tons sold, which meant a 30% increase compared to the revenues generated between 2015 and 2016. "

The representative of the union added that "... 'Guatemala provides more than 60% of the volume of cardamom sold in the world. This production is generated by 350 thousand families. ' " 

See statistics from Banco de Guatemala (in Spanish).

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