Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Guatemala - 2023

Contents:

  1. Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Guatemala (CIF) - 2022
  2. Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Guatemala (FOB) - 2022
  3. Imports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Guatemala
  4. Exports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Guatemala

Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Guatemala (CIF) - 2022

The average import price for acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses stood at $1,760 per ton in 2022, picking up by 48% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average import price increased by 319%. As a result, import price attained the peak level of $6,815 per ton. From 2014 to 2022, the average 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 Germany ($21,840 per ton), while the price for China amounted to $1,341 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+6.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Guatemala (FOB) - 2022

In 2022, the average export price for acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses amounted to $1,975 per ton, rising by 6.2% against the previous year. In general, export price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses increased by +65.8% against 2020 indices. The pace of growth was the most pronounced in 2014 when the average export price increased by 73%. The export price peaked at $2,286 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was El Salvador ($2,468 per ton), while the average price for exports to Honduras totaled $1,941 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to El Salvador (+3.6%), while the prices for the other major destinations experienced a decline.

Imports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Guatemala

In 2022, after three years of growth, there was significant decline in overseas purchases of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses, when their volume decreased by -21.1% to 28 tons. In general, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 77%. As a result, imports attained the peak of 35 tons, and then shrank rapidly in the following year.

In value terms, imports of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses soared to $49K in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 42%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in years to come.

Import of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China13.227.132.036.340.1%
Germany20.11.97.112.1-15.6%
Others14.20.22.50.2-75.9%
Total47.529.241.648.70.8%

Top Suppliers of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters to Guatemala in 2022:

  1. China (27.1 tons)
  2. Germany (0.6 tons)

Exports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Guatemala

In 2022, the amount of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses exported from Guatemala skyrocketed to 8.1 tons, rising by 185% on 2021 figures. Overall, exports saw a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 551% against the previous year. As a result, the exports attained the peak of 11 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses skyrocketed to $16K in 2022. In general, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 279%. The exports peaked in 2022 and are likely to continue growth in the near future.

Export of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Honduras2.19.84.514.891.7%
El Salvador1.11.90.61.22.9%
NicaraguaN/A1.00.1N/A-90.0%
Others0.20.20.20.1-20.6%
Total3.412.95.316.167.9%

Top Export Markets for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters from Guatemala in 2022:

  1. Honduras (7.6 tons)
  2. El Salvador (0.5 tons)

Source: IndexBox Market Intelligence Platform

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