Guatemala - Acrylic Acid And Its Salts And Other Monocarboxylic Acid - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMonocarboxylic Acid Price in Guatemala - 2023
Contents:
- Monocarboxylic Acid Price in Guatemala (CIF) - 2022
- Monocarboxylic Acid Price in Guatemala (FOB) - 2022
- Monocarboxylic Acid Imports in Guatemala
- Monocarboxylic Acid Exports in Guatemala
Monocarboxylic Acid Price in Guatemala (CIF) - 2022
The average monocarboxylic acid import price stood at $5,480 per ton in 2022, picking up by 24% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 42% against the previous year. As a result, import price reached the peak level of $5,702 per ton. From 2019 to 2022, the average import prices remained at a lower figure.
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 India ($9,260 per ton), while the price for Brazil ($2,470 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+12.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Monocarboxylic Acid Price in Guatemala (FOB) - 2022
The average monocarboxylic acid export price stood at $4,872 per ton in 2022, increasing by 27% against the previous year. Overall, export price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, monocarboxylic acid export price increased by +56.2% against 2020 indices. The growth pace was the most rapid in 2014 an increase of 44%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in the immediate term.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the Dominican Republic ($8,050 per ton), while the average price for exports to Panama ($2,769 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Dominican Republic (+6.1%), while the prices for the other major destinations experienced more modest paces of growth.
Monocarboxylic Acid Imports in Guatemala
In 2022, purchases abroad of acrylic acid and its salts and other monocarboxylic acid decreased by -3.3% to 844 tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +10.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 30%. As a result, imports attained the peak of 873 tons, and then dropped modestly in the following year.
In value terms, monocarboxylic acid imports surged to $4.6M in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +17.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 27%. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in the immediate term.
Import of Monocarboxylic Acid in Guatemala (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 1,526 | 1,578 | 2,540 | 3,199 | 28.0% |
India | 478 | 484 | 404 | 577 | 6.5% |
Germany | 74.8 | 272 | 75.2 | 329 | 63.8% |
Brazil | 83.0 | N/A | 112 | 127 | 15.2% |
United States | 124 | 143 | 147 | 124 | 0.0% |
Netherlands | 100 | 132 | 185 | 96.0 | -1.4% |
Spain | 54.3 | 21.6 | 85.3 | 52.5 | -1.1% |
Costa Rica | 261 | 294 | 159 | 2.0 | -80.3% |
Others | 156 | 116 | 157 | 121 | -8.1% |
Total | 2,858 | 3,040 | 3,864 | 4,628 | 17.4% |
Top Suppliers of Monocarboxylic Acid to Guatemala in 2022:
- China (597.5 tons)
- India (62.3 tons)
- Brazil (51.6 tons)
- Germany (40.9 tons)
- Netherlands (27.7 tons)
- United States (26.2 tons)
- Spain (21.2 tons)
- Costa Rica (0.2 tons)
Monocarboxylic Acid Exports in Guatemala
For the third consecutive year, Guatemala recorded decline in overseas shipments of acrylic acid and its salts and other monocarboxylic acid, which decreased by -18.2% to 156 tons in 2022. Over the period under review, exports continue to indicate a abrupt descent. The smallest decline of -13.9% was in 2020.
In value terms, monocarboxylic acid exports amounted to $762K in 2022. In general, exports showed a abrupt downturn.
Export of Monocarboxylic Acid in Guatemala (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
El Salvador | 253 | 237 | 201 | 222 | -4.3% |
Honduras | 204 | 234 | 278 | 202 | -0.3% |
Dominican Republic | 177 | 84.0 | 58.8 | 123 | -11.4% |
Nicaragua | 107 | 62.5 | 56.6 | 84.7 | -7.5% |
Costa Rica | 179 | 133 | 109 | 72.6 | -26.0% |
Panama | 13.5 | 10.2 | 26.5 | 50.0 | 54.7% |
Others | 9.2 | 4.2 | 4.4 | 8.1 | -4.2% |
Total | 942 | 765 | 734 | 762 | -6.8% |
Top Export Markets for Monocarboxylic Acid from Guatemala in 2022:
- El Salvador (45.2 tons)
- Honduras (38.1 tons)
- Costa Rica (19.7 tons)
- Nicaragua (18.6 tons)
- Panama (18.1 tons)
- Dominican Republic (15.3 tons)
This report provides an in-depth analysis of the monocarboxylic acid market in Guatemala. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20143310 - Acrylic acid and its salts and other monocarboxylic acid
Country coverage:
- Guatemala
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Guatemala
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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