Guatemala: Retail Foods
Link to report:
In 2022, supermarkets, hypermarkets, and independent food stores continued adding locations, but retail volume sales fell versus 2021. This decrease was mainly due to the rising cost of raw materials, shipping costs, labor, and energy impacting consumer good prices. Import values of U.S. consumer-oriented products have continued to grow and in 2022, the value reached a record of $708.4 million. This report provides information to U.S. exporters on how to enter the Guatemalan market, best products prospects, competition, and a profile of businesses within the retail food sector.
