Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Guatemala - 2022
Contents:
- Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Guatemala (CIF) - 2022
- Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Guatemala (FOB) - 2022
- Imports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Guatemala
- Exports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Guatemala
Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Guatemala (CIF) - 2022
In 2022, the average import price for vegetable oils; linseed oil and its fractions, crude, not chemically modifieds amounted to $5,365 per ton, picking up by 59% against the previous year. Overall, import price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +7.3% 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 vegetable oils; linseed oil and its fractions, crude, not chemically modifieds increased by +87.0% against 2015 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($5,586 per ton), while the price for Canada amounted to $5,345 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+8.3%).
Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Guatemala (FOB) - 2022
The average export price for vegetable oils; linseed oil and its fractions, crude, not chemically modifieds stood at $864 per ton in 2021, with an increase of 29% against the previous year. Overall, the export price, however, continues to indicate a deep downturn. Over the period under review, the average export prices reached the maximum at $3,087 per ton in 2016; however, from 2017 to 2021, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for El Salvador.
From 2013 to 2021, the rate of growth in terms of prices for El Salvador amounted to +28.8% per year.
Imports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Guatemala
In 2022, approx. 82 tons of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds were imported into Guatemala; standing approx. at the year before. Overall, imports posted significant growth. The growth pace was the most rapid in 2021 when imports increased by 2,231% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, imports of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds soared to $438K in 2022. Over the period under review, imports saw a significant increase. The growth pace was the most rapid in 2021 with an increase of 1,942%. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in years to come.
| Import of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 10.2 | 10.3 | 240 | 400 | 239.7% |
| United States | 19.9 | 2.9 | 31.2 | 37.8 | 23.8% |
| Others | 0.2 | 0.1 | 0.2 | N/A | 0.0% |
| Total | 30.2 | 13.3 | 271 | 438 | 143.9% |
Top Suppliers of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified to Guatemala in 2022:
- Canada (74.9 tons)
- United States (6.8 tons)
Exports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Guatemala
Exports of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds from Guatemala soared to 75 tons in 2021, rising by 194% compared with 2020 figures. In general, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds soared to $65K in 2021. Overall, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | CAGR, 2020-2021 | ||
| El Salvador | 17.1 | 64.8 | 278.9% | ||
| Others | N/A | N/A | 0% | ||
| Total | 17.1 | 64.8 | 278.9% | ||
Top Export Markets for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified from Guatemala in 2022:
- El Salvador (75.0 tons)
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