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Guatemala - Propan-1-Ol (Propyl Alcohol) And Propan-2-Ol (Isopropyl Alcohol) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Propyl and Isopropyl Alcohol in Guatemala - 2023
Contents:
- Price for Propyl and Isopropyl Alcohol in Guatemala (CIF) - 2023
- Price for Propyl and Isopropyl Alcohol in Guatemala (FOB) - 2022
- Imports of Propyl and Isopropyl Alcohol in Guatemala
- Exports of Propyl and Isopropyl Alcohol in Guatemala
Price for Propyl and Isopropyl Alcohol in Guatemala (CIF) - 2023
In June 2023, the average propyl and isopropyl alcohol import price amounted to $1,323 per ton, remaining relatively unchanged against the previous month. Over the period under review, the import price recorded a mild descent. The pace of growth was the most pronounced in February 2023 an increase of 9.3% m-o-m. Over the period under review, average import prices attained the peak figure at $1,659 per ton in June 2022; however, from July 2022 to June 2023, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In June 2023, the country with the highest price was the United States ($1,419 per ton), while the price for China ($1,199 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by South Korea (0.0%), while the prices for the other major suppliers experienced a decline.
Price for Propyl and Isopropyl Alcohol in Guatemala (FOB) - 2022
In 2022, the average propyl and isopropyl alcohol export price amounted to $1,840 per ton, jumping by 16% against the previous year. Overall, export price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, propyl and isopropyl alcohol export price increased by +51.9% against 2020 indices. The growth pace was the most rapid in 2017 when the average export price increased by 32%. The export price peaked in 2022 and is likely to see steady growth in years to come.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Nicaragua ($2,182 per ton) and Belize ($1,946 per ton), while the average price for exports to Honduras ($1,806 per ton) and El Salvador ($1,814 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nicaragua (+4.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Propyl and Isopropyl Alcohol in Guatemala
For the fourth year in a row, Guatemala recorded growth in supplies from abroad of propan-1-ol (propyl alcohol) and propan-2-ol (isopropyl alcohol), which increased by 3.8% to 5.4K tons in 2022. The total import volume increased at an average annual rate of +10.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 23% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.
In value terms, propyl and isopropyl alcohol imports expanded notably to $8.9M in 2022. Over the period under review, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 44% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
Import of Propyl and Isopropyl Alcohol in Guatemala (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 3.3 | 3.8 | 6.1 | 7.7 | 32.6% |
Mexico | 0.4 | 0.3 | 0.9 | 0.6 | 14.5% |
China | 0.6 | 1.3 | 0.3 | 0.4 | -12.6% |
Brazil | N/A | 0.2 | N/A | 0.1 | -29.3% |
Others | 0.2 | 0.2 | 1.0 | 0.1 | -20.6% |
Total | 4.5 | 5.8 | 8.4 | 8.9 | 25.5% |
Top Suppliers of Propyl and Isopropyl Alcohol to Guatemala in 2022:
- United States (4.7K tons)
- Mexico (0.3K tons)
- China (0.2K tons)
- Brazil (0.1K tons)
Exports of Propyl and Isopropyl Alcohol in Guatemala
In 2022, overseas shipments of propan-1-ol (propyl alcohol) and propan-2-ol (isopropyl alcohol) decreased by -1% to 1.7K tons for the first time since 2018, thus ending a three-year rising trend. In general, total exports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +20.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +73.4% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 42% against the previous year. As a result, the exports attained the peak of 1.7K tons, and then contracted in the following year.
In value terms, propyl and isopropyl alcohol exports surged to $3.1M in 2022. Overall, exports, however, showed significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 85% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
Export of Propyl and Isopropyl Alcohol in Guatemala (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
El Salvador | 1,048 | 1,132 | 2,228 | 2,518 | 33.9% |
Honduras | 7.2 | 21.0 | 18.5 | 194 | 199.8% |
Belize | 5.6 | 36.2 | 103 | 155 | 202.5% |
Costa Rica | 34.5 | 54.2 | 17.9 | 137 | 58.4% |
Nicaragua | 92.8 | 157 | 316 | 116 | 7.7% |
Others | 10.8 | 65.9 | 33.0 | 11.7 | 2.7% |
Total | 1,199 | 1,466 | 2,717 | 3,132 | 37.7% |
Top Export Markets for Propyl and Isopropyl Alcohol from Guatemala in 2022:
- El Salvador (1388.2 tons)
- Honduras (107.4 tons)
- Belize (79.7 tons)
- Costa Rica (73.0 tons)
- Nicaragua (53.2 tons)
This report provides an in-depth analysis of the market for propyl and isopropyl alcohol in Guatemala. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20142220 - Propan-1-ol (propyl alcohol) and propan-2-ol (isopropyl alcohol)
Country coverage:
- Guatemala
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Guatemala
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the market for propyl and isopropyl alcohol in Guatemala.
This report provides an in-depth analysis of the market for halogenated, sulphonated, nitrated or nitrosated derivatives of acyclic alcohols in Guatemala.
This report provides an in-depth analysis of the market for diols and polyhydric alcohols in Guatemala.
This report provides an in-depth analysis of the market for lauryl alcohol, cetyl alcohol, stearyl alcohol and other saturated monohydric alcohols in Guatemala.
This report provides an in-depth analysis of the butanol market in Guatemala.
This report provides an in-depth analysis of the methanol market in Guatemala.
This report provides an in-depth analysis of the unsaturated monohydric alcohols market in Guatemala.
This report provides an in-depth analysis of the propylene glycol market in Guatemala.
This report provides an in-depth analysis of the octyl alcohol market in Guatemala.
This report provides an in-depth analysis of the ethylene glycol market in Guatemala.
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