Price for Zinc; Bars, Rods, Profiles and Wire in Guatemala - 2023

Contents:

1. Price for Zinc; Bars, Rods, Profiles and Wire in Guatemala (CIF) - 2022
2. Price for Zinc; Bars, Rods, Profiles and Wire in Guatemala (FOB) - 2022
3. Imports of Zinc; Bars, Rods, Profiles and Wire in Guatemala
4. Exports of Zinc; Bars, Rods, Profiles and Wire in Guatemala

Price for Zinc; Bars, Rods, Profiles and Wire in Guatemala (CIF) - 2022

In 2022, the average import price for zinc; bars, rods, profiles and wires amounted to $4,771 per ton, picking up by 16% against the previous year. Over the period under review, the import price recorded a resilient expansion. The pace of growth was the most pronounced in 2014 when the average import price increased by 73%. Over the period under review, average import prices reached the peak figure at $5,675 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United States ($5,467 per ton) and China ($5,466 per ton), while the price for India ($4,004 per ton) and Mexico ($4,878 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Honduras (+17.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Zinc; Bars, Rods, Profiles and Wire in Guatemala (FOB) - 2022

In 2022, the average export price for zinc; bars, rods, profiles and wires amounted to $1,814 per ton, reducing by -16.2% against the previous year. Overall, the export price, however, recorded a slight increase. The most prominent rate of growth was recorded in 2014 when the average export price increased by 663%. As a result, the export price reached the peak level of $9,443 per ton. From 2015 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Nicaragua ($2,691 per ton), while the average price for exports to El Salvador amounted to $1,067 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Honduras (+35.2%), while the prices for the other major destinations experienced a decline.

Imports of Zinc; Bars, Rods, Profiles and Wire in Guatemala

In 2022, supplies from abroad of zinc; bars, rods, profiles and wires decreased by -62% to 32 tons, falling for the second year in a row after two years of growth. In general, imports showed a abrupt setback. The pace of growth was the most pronounced in 2020 when imports increased by 124%. As a result, imports attained the peak of 85 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of zinc; bars, rods, profiles and wires fell dramatically to $151K in 2022. Over the period under review, imports saw a deep slump. The growth pace was the most rapid in 2020 with an increase of 65%.

Top Suppliers of Zinc; Bars, Rods, Profiles and Wire to Guatemala in 2022:

1. India (12.4 tons)
2. United States (9.7 tons)
3. Germany (8.3 tons)
4. Mexico (0.9 tons)

Exports of Zinc; Bars, Rods, Profiles and Wire in Guatemala

In 2022, approx. 1.6 tons of zinc; bars, rods, profiles and wires were exported from Guatemala; picking up by 278% on 2021 figures. In general, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of zinc; bars, rods, profiles and wires soared to $3K in 2022. Overall, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Zinc; Bars, Rods, Profiles and Wire from Guatemala in 2022:

1. El Salvador (880.0 kg)
2. Nicaragua (750.0 kg)

Source: IndexBox Market Intelligence Platform