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In MY 2023/24, Guatemala ranked as the world’s second most efficient sugarcane producer and fourth in overall sugar production efficiency. For MY 2025/26, production is forecast to remain steady, with planted and harvested areas unchanged from the previous two years, and growth expected in MY 2026/27.
Rice production in Guatemala is slowly declining due to limited access to improved seed varieties and an insufficient domestic supply of locally developed seeds.
According to the Bank of Guatemala (BANGUAT), the food processing industry in Guatemala for year 2015, will grow 3.5 percent and will contribute 0.67 percent to the total GDP.