Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Guatemala - 2024

Contents:

  1. Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Guatemala (CIF) - 2022
  2. Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Guatemala (FOB) - 2022
  3. Imports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Guatemala
  4. Exports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Guatemala

Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Guatemala (CIF) - 2022

In 2022, the average import price for colouring matter; pigments and preparations based on chromium compoundses amounted to $4,389 per ton, declining by -14% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by 18%. Over the period under review, average import prices reached the peak figure at $5,116 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat 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 the United States ($13,428 per ton), while the price for the Dominican Republic ($1,314 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+9.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Guatemala (FOB) - 2022

In 2022, the average export price for colouring matter; pigments and preparations based on chromium compoundses amounted to $5,396 per ton, dropping by -7.6% against the previous year. Over the period under review, the export price saw a drastic downturn. The most prominent rate of growth was recorded in 2021 when the average export price increased by 54% against the previous year. Over the period under review, the average export prices reached the maximum at $12,718 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Costa Rica ($5,613 per ton), while the average price for exports to Honduras ($5,258 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 Honduras (+1.0%), while the prices for the other major destinations experienced a decline.

Imports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Guatemala

In 2022, supplies from abroad of colouring matter; pigments and preparations based on chromium compoundses decreased by -6.7% to 195 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +16.3% 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 +57.1% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 34%.

In value terms, imports of colouring matter; pigments and preparations based on chromium compoundses dropped remarkably to $857K in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +16.8% 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 +59.5% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 48%. As a result, imports reached the peak of $1.1M, and then contracted markedly in the following year.

Import of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Colombia78.923238225948.6%
Mexico259247316256-0.4%
India66.475.211313426.4%
United States95.71471591207.8%
CanadaN/AN/A31.641.732.0%
Dominican Republic32.217.3N/A34.22.0%
PanamaN/AN/A56.4N/A0%
Others5.40.18.211.528.7%
Total5377201,06785716.9%

Top Suppliers of Colouring Matter; Pigments and Preparations Based On Chromium Compounds to Guatemala in 2022:

  1. India (52.2 tons)
  2. Colombia (50.7 tons)
  3. Mexico (46.1 tons)
  4. Dominican Republic (26.0 tons)
  5. United States (8.9 tons)
  6. Canada (8.3 tons)

Exports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Guatemala

In 2022, after two years of decline, there was significant growth in shipments abroad of colouring matter; pigments and preparations based on chromium compoundses, when their volume increased by 9.8% to 14 tons. In general, exports, however, faced a sharp descent.

In value terms, exports of colouring matter; pigments and preparations based on chromium compoundses amounted to $75K in 2022. Overall, exports, however, saw a abrupt decrease.

Export of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Honduras13.518.221.137.039.9%
El Salvador38.541.246.633.7-4.3%
Costa RicaN/AN/A6.14.3-29.5%
Nicaragua51.531.2N/AN/A-39.4%
OthersN/A6.2N/AN/A0%
Total10397.073.874.9-10.1%

Top Export Markets for Colouring Matter; Pigments and Preparations Based On Chromium Compounds from Guatemala in 2022:

  1. Honduras (7.0 tons)
  2. El Salvador (6.1 tons)
  3. Costa Rica (0.8 tons)

Source: IndexBox Market Intelligence Platform

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