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Guatemala - Rosin And Resin Acids And Derivatives - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Rosin and Resin Acid and Derivative in Guatemala - 2024
Contents:
- Price for Rosin and Resin Acid and Derivative in Guatemala (CIF) - 2022
- Price for Rosin and Resin Acid and Derivative in Guatemala (FOB) - 2022
- Imports of Rosin and Resin Acid and Derivative in Guatemala
- Exports of Rosin and Resin Acid and Derivative in Guatemala
Price for Rosin and Resin Acid and Derivative in Guatemala (CIF) - 2022
The average import price for rosin and resin acids and derivatives stood at $2,225 per ton in 2022, increasing by 22% against the previous year. Over the period under review, import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for rosin and resin acids and derivatives increased by +51.8% against 2020 indices. The growth pace was the most rapid in 2013 an increase of 46% against the previous year. Over the period under review, average import prices hit record highs at $3,032 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($4,061 per ton), while the price for China ($1,889 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Honduras (+1.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Rosin and Resin Acid and Derivative in Guatemala (FOB) - 2022
The average export price for rosin and resin acids and derivatives stood at $4,605 per ton in 2022, growing by 33% against the previous year. Overall, export price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for rosin and resin acids and derivatives increased by +59.0% against 2019 indices. The pace of growth appeared the most rapid in 2014 an increase of 47% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Mexico ($6,143 per ton), while the average price for exports to Honduras ($4,051 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 (+6.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Rosin and Resin Acid and Derivative in Guatemala
For the fourth consecutive year, Guatemala recorded growth in overseas purchases of rosin and resin acids and derivatives, which increased by 19% to 825 tons in 2022. In general, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +25.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +98.4% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 64%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of rosin and resin acids and derivatives soared to $1.8M in 2022. Overall, imports recorded a significant increase. The growth pace was the most rapid in 2020 with an increase of 55% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in the near future.
Import of Rosin and Resin Acid and Derivative in Guatemala (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Honduras | 383 | 255 | 617 | 902 | 33.0% |
China | 93.1 | 63.4 | 0.1 | 458 | 70.1% |
Brazil | 91.7 | 103 | 187 | 231 | 36.1% |
United States | 22.3 | 47.4 | 194 | 149 | 88.3% |
Mexico | 29.9 | 502 | 246 | 77.9 | 37.6% |
Others | 24.0 | 27.5 | 16.5 | 17.4 | -10.2% |
Total | 644 | 999 | 1,261 | 1,835 | 41.8% |
Top Suppliers of Rosin and Resin Acid and Derivative to Guatemala in 2022:
- Honduras (430.5 tons)
- China (242.7 tons)
- Brazil (86.9 tons)
- United States (36.6 tons)
- Mexico (23.6 tons)
Exports of Rosin and Resin Acid and Derivative in Guatemala
In 2022, approx. 9.7 tons of rosin and resin acids and derivatives were exported from Guatemala; reducing by -36.3% on the previous year's figure. In general, exports showed a abrupt curtailment. The growth pace was the most rapid in 2021 with an increase of 1.7% against the previous year.
In value terms, exports of rosin and resin acids and derivatives fell rapidly to $44K in 2022. Overall, exports saw a slight decline. The pace of growth was the most pronounced in 2021 when exports increased by 17%. As a result, the exports reached the peak of $53K, and then reduced dramatically in the following year.
Export of Rosin and Resin Acid and Derivative in Guatemala (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Honduras | 25.4 | 20.2 | 31.9 | 19.4 | -8.6% |
Mexico | 5.9 | 11.7 | 11.7 | 12.9 | 29.8% |
Costa Rica | 7.3 | 5.4 | 8.9 | 12.1 | 18.3% |
Nicaragua | 3.2 | 0.7 | N/A | N/A | -78.1% |
El Salvador | 2.4 | 6.9 | N/A | N/A | 187.5% |
Others | 1.9 | N/A | N/A | N/A | 0% |
Total | 46.1 | 44.9 | 52.6 | 44.4 | -1.2% |
Top Export Markets for Rosin and Resin Acid and Derivative from Guatemala in 2022:
- Honduras (4.8 tons)
- Costa Rica (2.8 tons)
- Mexico (2.1 tons)
This report provides an in-depth analysis of the market for rosin and resin acids 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 20147150 - Rosin and resin acids, and derivatives, rosin spirit and oils, r un gums
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 rosin and resin acids in Guatemala.
This report provides an in-depth analysis of the global market for rosin and resin acids.
This report provides an in-depth analysis of the market for rosin and resin acids in Guatemala.
This report provides an in-depth analysis of the global market for rosin and resin acids.
In value terms, rosin and resin acids and derivatives thereof imports amounted to $X in 2016. In general, rosin and resin acids and derivatives thereof imports continue to indicate a relatively fla...
In value terms, rosin and resin acids and derivatives thereof exports totaled $X in 2016. Overall, it indicated a slight growth from 2007 to 2016: the total exports value decreased at an average an...
In value terms, rosin and resin acids and derivatives thereof imports amounted to $X in 2016. In general, rosin and resin acids and derivatives thereof imports continue to indicate a relatively fla...
In value terms, rosin and resin acids and derivatives thereof exports totaled $X in 2016. Overall, it indicated a slight growth from 2007 to 2016: the total exports value decreased at an average an...