Alkali Metals; Sodium Price in Guatemala - 2023

Contents:

  1. Alkali Metals; Sodium Price in Guatemala (FOB) - 2022
  2. Alkali Metals; Sodium Price in Guatemala (CIF) - 2022
  3. Alkali Metals; Sodium Exports in Guatemala
  4. Alkali Metals; Sodium Imports in Guatemala

Alkali Metals; Sodium Price in Guatemala (FOB) - 2022

In 2022, the average alkali metals; sodium export price amounted to $6,929 per ton, reducing by -13.1% against the previous year. Over the period under review, the export price, however, posted resilient growth. The pace of growth was the most pronounced in 2014 when the average export price increased by 57%. Over the period under review, the average export prices reached the peak figure at $8,778 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the Dominican Republic.

From 2012 to 2022, the rate of growth in terms of prices for the Dominican Republic amounted to +37.1% per year.

Alkali Metals; Sodium Price in Guatemala (CIF) - 2022

The average alkali metals; sodium import price stood at $9,745 per ton in 2022, reducing by -3.7% against the previous year. In general, the import price saw a abrupt slump. The growth pace was the most rapid in 2019 an increase of 87%. Over the period under review, average import prices hit record highs at $25,489 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($16,877 per ton), while the price for Mexico stood at $8,902 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-0.5%), while the prices for the other major suppliers experienced a decline.

Alkali Metals; Sodium Exports in Guatemala

In 2022, approx. 28 kg of alkali metals; sodia were exported from Guatemala; which is down by -28.2% compared with the year before. In general, exports showed a precipitous slump. The smallest decline of -13.3% was in 2021.

In value terms, alkali metals; sodium exports declined rapidly to $194 in 2022. Overall, exports faced a dramatic downturn. The smallest decline of -21% was in 2020.

Export of Alkali Metals; Sodium in Guatemala (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Dominican RepublicN/AN/AN/A1940%
Costa Rica490389307N/A-20.8%
Honduras10.06.04.0N/A-36.8%
OthersN/AN/AN/AN/A0%
Total500395311194-27.1%

Top Export Markets for Alkali Metals; Sodium from Guatemala in 2022:

  1. Dominican Republic (28.0 kg)

Alkali Metals; Sodium Imports in Guatemala

In 2022, approx. 962 kg of alkali metals; sodia were imported into Guatemala; reducing by -38.6% on the year before. In general, imports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 801% against the previous year. As a result, imports attained the peak of 1.6 tons, and then contracted rapidly in the following year.

In value terms, alkali metals; sodium imports reduced sharply to $9.4K in 2022. Overall, imports, however, showed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 451%. As a result, imports reached the peak of $16K, and then dropped remarkably in the following year.

Import of Alkali Metals; Sodium in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico2.62.113.07.743.6%
United States0.20.82.91.7104.1%
Others2.0N/AN/AN/A0%
Total4.72.915.99.426.0%

Top Suppliers of Alkali Metals; Sodium to Guatemala in 2022:

  1. Mexico (861.0 kg)
  2. United States (100.0 kg)

Source: IndexBox Market Intelligence Platform

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