Price for Aluminium Waste and Scrap in Guatemala - 2024
Contents:
- Price for Aluminium Waste and Scrap in Guatemala (FOB) - 2024
- Price for Aluminium Waste and Scrap in Guatemala (CIF) - 2022
- Exports of Aluminium Waste and Scrap in Guatemala
- Imports of Aluminium Waste and Scrap in Guatemala
Price for Aluminium Waste and Scrap in Guatemala (FOB) - 2024
The average aluminium waste and scrap export price stood at $844 per ton in April 2024, rising by 5.5% against the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2023 an increase of 27% m-o-m. The export price peaked at $1,047 per ton in June 2023; however, from July 2023 to April 2024, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In April 2024, the country with the highest price was China ($1,598 per ton), while the average price for exports to Taiwan (Chinese) ($134 per ton) was amongst the lowest.
From April 2023 to April 2024, the most notable rate of growth in terms of prices was recorded for supplies to India (+8.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Aluminium Waste and Scrap in Guatemala (CIF) - 2022
The average aluminium waste and scrap import price stood at $450 per ton in 2022, surging by 16% against the previous year. In general, the import price enjoyed a resilient increase. The most prominent rate of growth was recorded in 2014 an increase of 236% against the previous year. As a result, import price reached the peak level of $772 per ton. From 2015 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 China ($59,333 per ton), while the price for Belize ($291 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+332.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Aluminium Waste and Scrap in Guatemala
Aluminium waste and scrap exports from Guatemala reduced to 41K tons in 2022, with a decrease of -6% against 2021. Overall, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +7.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +38.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 47%. As a result, the exports reached the peak of 44K tons, and then shrank in the following year.
In value terms, aluminium waste and scrap exports surged to $41M in 2022. In general, exports, however, recorded strong growth. The growth pace was the most rapid in 2021 with an increase of 73%. The exports peaked in 2022 and are likely to see steady growth in years to come.
| Export of Aluminium Waste and Scrap in Guatemala (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 14.4 | 11.3 | 12.9 | 13.5 | -2.1% |
| Thailand | 0.1 | N/A | 5.9 | 11.6 | 387.7% |
| United States | 4.6 | 2.7 | 5.9 | 5.8 | 8.0% |
| South Korea | 2.1 | 2.2 | 4.3 | 5.5 | 37.8% |
| Ecuador | 1.3 | 1.0 | 1.2 | 1.2 | -2.6% |
| India | 1.0 | 0.8 | 1.0 | 0.9 | -3.5% |
| Mexico | 0.7 | 0.3 | N/A | 0.7 | 0.0% |
| China | N/A | N/A | 0.1 | 0.5 | 400.0% |
| Greece | N/A | N/A | 0.4 | N/A | 0% |
| Others | 1.0 | 1.0 | 1.7 | 1.8 | 21.6% |
| Total | 25.1 | 19.3 | 33.4 | 41.4 | 18.2% |
Top Export Markets for Aluminium Waste and Scrap from Guatemala in 2022:
- Brazil (16.7K tons)
- United States (7.4K tons)
- South Korea (5.4K tons)
- Thailand (5.0K tons)
- Mexico (1.3K tons)
- India (1.2K tons)
- China (0.9K tons)
- Ecuador (0.6K tons)
- Greece (0.3K tons)
Imports of Aluminium Waste and Scrap in Guatemala
For the third year in a row, Guatemala recorded decline in purchases abroad of aluminium waste and scraps, which decreased by -30.1% to 27 tons in 2022. Overall, imports saw a dramatic downturn. The smallest decline of -1.3% was in 2021.
In value terms, aluminium waste and scrap imports shrank remarkably to $12K in 2022. Over the period under review, imports faced a abrupt descent. The pace of growth was the most pronounced in 2021 with an increase of 108%.
| Import of Aluminium Waste and Scrap in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belize | 1.7 | 4.6 | 7.9 | 5.4 | 47.0% |
| El Salvador | 5.5 | 0.1 | 0.2 | 3.2 | -16.5% |
| United States | N/A | 2.6 | 6.6 | 3.2 | 10.9% |
| China | 15.1 | N/A | N/A | 0.2 | -76.3% |
| Others | N/A | N/A | 0.3 | 0.2 | -33.3% |
| Total | 22.3 | 7.2 | 15.0 | 12.1 | -18.4% |
Top Suppliers of Aluminium Waste and Scrap to Guatemala in 2022:
- Belize (18.6 tons)
- El Salvador (6.0 tons)
- United States (2.2 tons)
Nothing found. Please try again.
Nothing found. Please try again.
Nothing found. Please try again.
