Salts; Molybdates Price in Guatemala - 2023
Contents:
- Salts; Molybdates Price in Guatemala (CIF) - 2022
- Salts; Molybdates Price in Guatemala (FOB) - 2022
- Salts; Molybdates Imports in Guatemala
- Salts; Molybdates Exports in Guatemala
Salts; Molybdates Price in Guatemala (CIF) - 2022
In 2022, the average salts; molybdates import price amounted to $12,666 per ton, growing by 37% against the previous year. Overall, the import price posted a notable increase. The most prominent rate of growth was recorded in 2017 when the average import price increased by 88%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mexico ($21,995 per ton), while the price for Peru ($2,731 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+52.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Salts; Molybdates Price in Guatemala (FOB) - 2022
The average salts; molybdates export price stood at $4,439 per ton in 2022, standing approx. at the previous year. In general, the export price, however, posted a strong increase. The most prominent rate of growth was recorded in 2017 an increase of 258%. Over the period under review, the average export prices attained the peak figure at $9,420 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Honduras ($4,941 per ton), while the average price for exports to El Salvador stood at $2,324 per ton.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belize (+83.6%), while the prices for the other major destinations experienced more modest paces of growth.
Salts; Molybdates Imports in Guatemala
In 2022, the amount of salts; molybdateses imported into Guatemala soared to 48 tons, jumping by 70% against 2021 figures. In general, imports, however, continue to indicate a dramatic curtailment.
In value terms, salts; molybdates imports soared to $608K in 2022. Over the period under review, imports showed a prominent expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Salts; Molybdates in Guatemala (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Brazil | N/A | N/A | 28.6 | 245 | 756.6% |
Mexico | 73.3 | 23.1 | 43.7 | 237 | 47.9% |
China | 339 | 54.2 | 82.0 | 31.5 | -54.7% |
Canada | N/A | N/A | 6.2 | 30.4 | 390.3% |
Peru | N/A | N/A | N/A | 29.5 | 0% |
United States | 31.5 | 58.8 | 50.9 | 16.8 | -18.9% |
Costa Rica | 7.3 | N/A | 43.7 | N/A | 144.7% |
Others | 4.0 | 7.2 | 5.6 | 17.4 | 63.2% |
Total | 456 | 143 | 261 | 608 | 10.1% |
Top Suppliers of Salts; Molybdates to Guatemala in 2022:
- Brazil (11.8 tons)
- Mexico (10.8 tons)
- Peru (10.8 tons)
- Canada (6.8 tons)
- China (4.8 tons)
- United States (2.4 tons)
Salts; Molybdates Exports in Guatemala
In 2022, shipments abroad of salts; molybdateses decreased by -15.3% to 7.7 tons, falling for the second year in a row after two years of growth. In general, exports recorded a deep downturn. The pace of growth was the most pronounced in 2020 with an increase of 8.2%. As a result, the exports attained the peak of 9.9 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, salts; molybdates exports dropped significantly to $34K in 2022. The total export value increased at an average annual rate of +1.1% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 26%. As a result, the exports attained the peak of $42K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
Export of Salts; Molybdates in Guatemala (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Honduras | 18.3 | 26.9 | 33.3 | 30.5 | 18.6% |
El Salvador | 8.1 | 5.8 | 7.2 | 3.6 | -23.7% |
Costa Rica | 6.4 | 8.5 | N/A | N/A | 32.8% |
Others | 0.3 | 0.7 | N/A | 0.2 | -12.6% |
Total | 33.2 | 41.9 | 40.5 | 34.3 | 1.1% |
Top Export Markets for Salts; Molybdates from Guatemala in 2022:
- Honduras (6.2 tons)
- El Salvador (1.5 tons)
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