Price for Hydrogen, Rare Gases and Other Non-Metals in Guatemala - 2023

Contents:

1. Price for Hydrogen, Rare Gases and Other Non-Metals in Guatemala (FOB) - 2023
2. Price for Hydrogen, Rare Gases and Other Non-Metals in Guatemala (CIF) - 2022
3. Exports of Hydrogen, Rare Gases and Other Non-Metals in Guatemala
4. Imports of Hydrogen, Rare Gases and Other Non-Metals in Guatemala

Price for Hydrogen, Rare Gases and Other Non-Metals in Guatemala (FOB) - 2023

The average export price for hydrogen, rare gases and other non-metalses stood at $463 per thousand cubic meters in December 2023, growing by 10% against the previous month. Over the period under review, export price indicated perceptible growth from December 2022 to December 2023: its price increased at an average monthly rate of +3.7% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2023 figures, export price for hydrogen, rare gases and other non-metalses increased by +35.9% against October 2023 indices. The pace of growth was the most pronounced in July 2023 when the average export price increased by 83% m-o-m. As a result, the export price reached the peak level of $0.5 per cubic meter. From August 2023 to December 2023, the the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major overseas markets. In December 2023, the highest price was recorded for prices to the Dominican Republic ($382 per thousand cubic meters) and Costa Rica ($355 per thousand cubic meters), while the average price for exports to Nicaragua ($298 per thousand cubic meters) and Belize ($344 per thousand cubic meters) were amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Panama (+6.1%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Hydrogen, Rare Gases and Other Non-Metals in Guatemala (CIF) - 2022

In 2022, the average import price for hydrogen, rare gases and other non-metalses amounted to $1.8 per cubic meter, increasing by 47% against the previous year. Overall, the import price, however, showed a abrupt downturn. The import price peaked at $3.9 per cubic meter in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Canada ($9.1 per cubic meter), while the price for Mexico ($0.7 per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Trinidad and Tobago (+15.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Hydrogen, Rare Gases and Other Non-Metals in Guatemala

In 2022, after three years of growth, there was significant decline in shipments abroad of hydrogen, rare gases and other non-metalses, when their volume decreased by -47.1% to 17M cubic meters. Overall, exports, however, recorded measured growth. The pace of growth appeared the most rapid in 2020 with an increase of 55%. Over the period under review, the exports of reached the peak figure at 33M cubic meters in 2021, and then fell significantly in the following year.

In value terms, exports of hydrogen, rare gases and other non-metalses dropped notably to $6.6M in 2022. Over the period under review, exports, however, recorded a remarkable increase. The pace of growth was the most pronounced in 2020 when exports increased by 48% against the previous year. Over the period under review, the exports of attained the maximum at $10M in 2021, and then declined markedly in the following year.

Top Export Markets for Hydrogen, Rare Gases and Other Non-Metals from Guatemala in 2022:

1. Honduras (6.4M cubic meters)
2. Nicaragua (5.0M cubic meters)
3. Costa Rica (2.2M cubic meters)
4. Dominican Republic (1.1M cubic meters)
5. Panama (1.0M cubic meters)
6. Peru (0.6M cubic meters)
7. Belize (0.6M cubic meters)
8. Mexico (0.1M cubic meters)

Imports of Hydrogen, Rare Gases and Other Non-Metals in Guatemala

In 2022, supplies from abroad of hydrogen, rare gases and other non-metalses decreased by -51.8% to 1.9M cubic meters for the first time since 2018, thus ending a three-year rising trend. In general, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 91%. As a result, imports attained the peak of 3.8M cubic meters, and then declined sharply in the following year.

In value terms, imports of hydrogen, rare gases and other non-metalses dropped sharply to $3.3M in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +6.4% 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 +20.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 60%. As a result, imports reached the peak of $4.7M, and then reduced markedly in the following year.

Top Suppliers of Hydrogen, Rare Gases and Other Non-Metals to Guatemala in 2022:

1. Mexico (1229.0K cubic meters)
2. United States (420.7K cubic meters)
3. Canada (94.5K cubic meters)
4. Costa Rica (39.6K cubic meters)
5. Colombia (23.5K cubic meters)
6. El Salvador (0.6K cubic meters)

Source: IndexBox Market Intelligence Platform