Price for Chlorates; Other than Sodium in Guatemala - 2023

Price for Chlorates; Other than Sodium in Guatemala (CIF) - 2022

The average chlorates; other than sodium import price stood at $1,742 per ton in 2022, increasing by 51% against the previous year. Over the period under review, import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, chlorates; other than sodium import price increased by +103.0% against 2016 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Sweden ($1,774 per ton), while the price for China totaled $1,735 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Chlorates; Other than Sodium in Guatemala (FOB) - 2022

In 2022, the average chlorates; other than sodium export price amounted to $1,053 per ton, leveling off at the previous year. Overall, the export price continues to indicate a noticeable downturn. The pace of growth appeared the most rapid in 2021 when the average export price increased by 1.2% against the previous year. Over the period under review, the average export prices hit record highs at $7,062 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was El Salvador ($1,563 per ton), while the average price for exports to Honduras totaled $1,042 per ton.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Honduras (-2.8%), while the prices for the other major destinations experienced a decline.

Imports of Chlorates; Other than Sodium in Guatemala

In 2022, the amount of chlorates; other than sodia imported into Guatemala surged to 1.1K tons, increasing by 27% against 2021 figures. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +9.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +64.9% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 30% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, chlorates; other than sodium imports skyrocketed to $1.9M in 2022. In general, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Chlorates; Other than Sodium in Guatemala (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	224	287	547	1,522	89.4%
Sweden	191	164	184	344	21.7%
Hong Kong SAR	197	19.7	41.7	N/A	-54.0%
Others	180	154	201	N/A	5.7%
Total	792	625	974	1,866	33.1%

Top Suppliers of Chlorates; Other than Sodium to Guatemala in 2022:

China (877.3 tons)
Sweden (193.7 tons)

Exports of Chlorates; Other than Sodium in Guatemala

In 2022, approx. 5.4 tons of chlorates; other than sodia were exported from Guatemala; jumping by 139% against the previous year's figure. Overall, exports, however, faced a dramatic decrease.

In value terms, chlorates; other than sodium exports skyrocketed to $5.7K in 2022. Over the period under review, exports, however, continue to indicate a dramatic slump.