In the first 11 months of 2016, the country sold $186 million worth of cardamom abroad, 11% less than was sold in the same period in 2015. 

However, for the months in question in 2016 and 2017, the export value went 71%, explained by an increase in the price of the fruit which rose from $6.42 per kilo in 2016, to $10.34 per kilo in 2017.

See "Monitoring of crops in Central America"

Jorge Mario del Cid, president of the Cardamom Committee of the Guatemalan Association of Exporters (Agexport), told Elperiodico.com.gt that " ... by 2018, growth similar to that of 2017 is expected, in which the volume of the product fell, but exports grew because of the international price."

Source: elperiodico.com.gt

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More on this topic

Guatemalan Cardamom with Good Figures

November 2019

In the first nine months of 2019, cardamom exports grew 52% over the same period in 2018, a rise explained by global product shortages and high demand in the Middle East market.

Figures from the Bank of Guatemala state that between January and September 2018, and the same period in 2019, foreign sales of cardamom increased by $132 million, from $253 million to $385 million.

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Exports of Guatemalan cardamom producers improved during the last harvest, as a decline in global supply resulted in a 34% increase in the selling price.

According to figures from the Bank of Guatemala, the average price per quintal of cardamom sold abroad from the country reported a rise between February 2018 and the same month of 2019, going from $489.93 to $654.80, which is explained.

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February 2018

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.

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.

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