Price for Fertilizers; Mineral or Chemical, Phosphatic in Guatemala - 2023
Contents:
- Price for Fertilizers; Mineral or Chemical, Phosphatic in Guatemala (CIF) - 2022
- Price for Fertilizers; Mineral or Chemical, Phosphatic in Guatemala (FOB) - 2022
- Imports of Fertilizers; Mineral or Chemical, Phosphatic in Guatemala
- Exports of Fertilizers; Mineral or Chemical, Phosphatic in Guatemala
Price for Fertilizers; Mineral or Chemical, Phosphatic in Guatemala (CIF) - 2022
In 2022, the average import price for fertilizers; mineral or chemical, phosphatics amounted to $1,478 per ton, increasing by 162% against the previous year. In general, the import price showed a remarkable increase. As a result, import price attained 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 Panama ($4,123 per ton), while the price for Spain ($1,165 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+13.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fertilizers; Mineral or Chemical, Phosphatic in Guatemala (FOB) - 2022
The average export price for fertilizers; mineral or chemical, phosphatics stood at $693 per ton in 2022, growing by 66% against the previous year. Overall, the export price enjoyed resilient growth. The pace of growth appeared the most rapid in 2021 when the average export price increased by 71%. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see steady growth in the immediate term.
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 Honduras ($1,295 per ton), while the average price for exports to Ecuador ($276 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 Costa Rica (+17.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fertilizers; Mineral or Chemical, Phosphatic in Guatemala
In 2022, approx. 324 tons of fertilizers; mineral or chemical, phosphatics were imported into Guatemala; falling by -83% against the year before. Overall, imports showed a precipitous slump. The pace of growth appeared the most rapid in 2021 with an increase of 154% against the previous year. As a result, imports attained the peak of 1.9K tons, and then declined dramatically in the following year.
In value terms, fertilizers; mineral or chemical, phosphatic imports reduced dramatically to $479K in 2022. Over the period under review, imports showed a abrupt contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 114%. As a result, imports reached the peak of $1.1M, and then fell rapidly in the following year.
| Import of Fertilizers; Mineral or Chemical, Phosphatic in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 31.0 | 76.1 | 85.1 | 336 | 121.3% |
| United States | 44.0 | 54.6 | 38.2 | 89.0 | 26.5% |
| Panama | 189 | 197 | 230 | 53.9 | -34.2% |
| Russia | 140 | N/A | 89.2 | N/A | -20.2% |
| Belgium | 79.3 | N/A | N/A | N/A | 0% |
| Colombia | 149 | N/A | N/A | N/A | 0% |
| China | 37.5 | 68.9 | 548 | N/A | 282.3% |
| Egypt | N/A | 107 | 81.1 | N/A | -24.2% |
| Others | 0.1 | N/A | 5.6 | N/A | 648.3% |
| Total | 671 | 504 | 1,078 | 479 | -10.6% |
Top Suppliers of Fertilizers; Mineral or Chemical, Phosphatic to Guatemala in 2022:
- Spain (288.7 tons)
- United States (22.5 tons)
- Panama (13.1 tons)
Exports of Fertilizers; Mineral or Chemical, Phosphatic in Guatemala
For the third consecutive year, Guatemala recorded decline in shipments abroad of fertilizers; mineral or chemical, phosphatics, which decreased by -1.5% to 2.1K tons in 2022. In general, exports saw a precipitous slump.
In value terms, fertilizers; mineral or chemical, phosphatic exports skyrocketed to $1.4M in 2022. Overall, exports, however, continue to indicate a strong increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Fertilizers; Mineral or Chemical, Phosphatic in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Costa Rica | 191 | 269 | 501 | 924 | 69.1% |
| Ecuador | 61.3 | 35.3 | 104 | 242 | 58.0% |
| Honduras | 35.1 | 56.3 | 75.8 | 109 | 45.9% |
| Nicaragua | N/A | N/A | 23.8 | 35.4 | 48.7% |
| Paraguay | 534 | N/A | N/A | N/A | 0% |
| Panama | 231 | 305 | 115 | N/A | -29.4% |
| Others | 27.6 | 26.2 | 51.4 | 116 | 61.4% |
| Total | 1,080 | 691 | 871 | 1,425 | 9.7% |
Top Export Markets for Fertilizers; Mineral or Chemical, Phosphatic from Guatemala in 2022:
- Costa Rica (998.3 tons)
- Ecuador (875.1 tons)
- Honduras (84.2 tons)
- Nicaragua (44.9 tons)
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This report provides an in-depth analysis of the phosphatic fertilizer market in Guatemala.
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This report provides an in-depth analysis of the global phosphatic fertilizer market.
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This report provides an in-depth analysis of the phosphatic fertilizer market in Guatemala.
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This report provides an in-depth analysis of the global phosphatic fertilizer market.
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Explore the top 10 countries by import value of phosphatic fertilizer in 2023. Learn about the key players in the global agricultural industry and their reliance on imported fertilizer.
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Explore the top 10 countries by import value of phosphatic fertilizer in 2023. Learn about the key players in the global agricultural industry and their reliance on imported fertilizer.
