Price for Poly(Lactic Acid); in Primary Forms in Guatemala - 2023

Contents:

  1. Price for Poly(Lactic Acid); in Primary Forms in Guatemala (CIF) - 2022
  2. Price for Poly(Lactic Acid); in Primary Forms in Guatemala (FOB) - 2022
  3. Imports of Poly(Lactic Acid); in Primary Forms in Guatemala
  4. Exports of Poly(Lactic Acid); in Primary Forms in Guatemala

Price for Poly(Lactic Acid); in Primary Forms in Guatemala (CIF) - 2022

In 2022, the average import price for poly(lactic acid); in primary formses amounted to $4,864 per ton, approximately equating the previous year. In general, the import price, however, showed a perceptible contraction. The most prominent rate of growth was recorded in 2019 when the average import price increased by 110%. As a result, import price reached the peak level of $6,403 per ton. From 2020 to 2022, the average import prices failed to regain momentum.

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 Italy ($7,990 per ton), while the price for Thailand totaled $4,658 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+16.8%), while the prices for the other major suppliers experienced a decline.

Price for Poly(Lactic Acid); in Primary Forms in Guatemala (FOB) - 2022

In 2020, the average export price for poly(lactic acid); in primary formses amounted to $9,696 per ton, with a decrease of -2.3% against the previous year. Overall, the export price, however, saw a significant expansion. The pace of growth appeared the most rapid in 2019 when the average export price increased by 56%. As a result, the export price attained the peak level of $9,920 per ton, and then contracted slightly in the following year.

As there is only one major export destination, the average price level is determined by prices for Costa Rica.

From 2014 to 2020, the rate of growth in terms of prices for Costa Rica amounted to +27.5% per year.

Imports of Poly(Lactic Acid); in Primary Forms in Guatemala

In 2022, imports of poly(lactic acid); in primary formses into Guatemala surged to 14 tons, increasing by 922% compared with the previous year's figure. Overall, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, poly(lactic acid); in primary forms imports skyrocketed to $66K in 2022. Over the period under review, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Poly(Lactic Acid); in Primary Forms in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ThailandN/A2.81.859.6361.4%
Italy0.92.11.16.694.3%
United States1.02.01.4N/A18.3%
Costa RicaN/A1.5N/AN/A0%
Others1.93.32.20.1-62.5%
Total3.811.76.466.3159.4%

Top Suppliers of Poly(Lactic Acid); in Primary Forms to Guatemala in 2022:

  1. Thailand (12.8 tons)
  2. Italy (0.8 tons)

Exports of Poly(Lactic Acid); in Primary Forms in Guatemala

In 2020, approx. 1.4 tons of poly(lactic acid); in primary formses were exported from Guatemala; with a decrease of -31.2% against the previous year's figure. In general, exports saw a precipitous contraction.

In value terms, poly(lactic acid); in primary forms exports fell notably to $13K in 2020. Over the period under review, exports recorded a dramatic setback.

Export of Poly(Lactic Acid); in Primary Forms in Guatemala (Thousand USD)
COUNTRY20192020CAGR,
2019-2020
Costa RicaN/A13.40%
Malaysia19.8N/A0%
OthersN/AN/A0%
Total19.813.4-32.3%

Top Export Markets for Poly(Lactic Acid); in Primary Forms from Guatemala in 2022:

  1. Costa Rica (1.4 tons)

Source: IndexBox Market Intelligence Platform

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