Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Guatemala - 2023

Contents:

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

Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Guatemala (CIF) - 2022

The average import price for colouring matter; ultramarine and preparations based therea stood at $5,027 per ton in 2022, with an increase of 39% against the previous year. Over the last decade, it increased at an average annual rate of +2.1%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($12,731 per ton), while the price for Colombia ($4,495 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+8.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Guatemala (FOB) - 2022

In 2022, the average export price for colouring matter; ultramarine and preparations based therea amounted to $9,585 per ton, remaining relatively unchanged against the previous year. In general, the export price saw a resilient increase. The most prominent rate of growth was recorded in 2017 an increase of 54%. Over the period under review, the average export prices attained the maximum at $10,556 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Costa Rica ($9,950 per ton), while the average price for exports to Honduras totaled $6,245 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to El Salvador (+19.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Colouring Matter; Ultramarine and Preparations Based Thereon in Guatemala

In 2022, purchases abroad of colouring matter; ultramarine and preparations based therea decreased by -24.7% to 76 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 +2.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 26%. As a result, imports attained the peak of 101 tons, and then reduced sharply in the following year.

In value terms, imports of colouring matter; ultramarine and preparations based therea expanded to $381K in 2022. The total import value increased at an average annual rate of +9.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 22% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in years to come.

Import of Colouring Matter; Ultramarine and Preparations Based Thereon in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Colombia2392472783038.2%
Germany39.912.624.542.01.7%
United StatesN/A5.218.127.0127.9%
Mexico7.931.143.97.6-1.3%
Others6.13.31.01.9-32.2%
Total2933003653819.1%

Top Suppliers of Colouring Matter; Ultramarine and Preparations Based Thereon to Guatemala in 2022:

  1. Colombia (67.3 tons)
  2. United States (4.2 tons)
  3. Germany (3.3 tons)
  4. Mexico (0.7 tons)

Exports of Colouring Matter; Ultramarine and Preparations Based Thereon in Guatemala

After three years of growth, shipments abroad of colouring matter; ultramarine and preparations based therea decreased by -14.7% to 3.8 tons in 2022. In general, exports, however, posted significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 147% against the previous year. As a result, the exports attained the peak of 4.5 tons, and then reduced in the following year.

In value terms, exports of colouring matter; ultramarine and preparations based therea declined to $37K in 2022. Over the period under review, exports, however, saw a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 123%. As a result, the exports reached the peak of $43K, and then contracted in the following year.

Export of Colouring Matter; Ultramarine and Preparations Based Thereon in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Costa Rica15.916.340.034.229.1%
Honduras0.31.12.62.397.2%
OthersN/A1.7N/AN/A0%
Total16.219.142.536.531.1%

Top Export Markets for Colouring Matter; Ultramarine and Preparations Based Thereon from Guatemala in 2022:

  1. Costa Rica (3.4 tons)
  2. Honduras (0.4 tons)

Source: IndexBox Market Intelligence Platform

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