Sulphates; of Aluminium Price in Guatemala - 2023

Contents:

1. Sulphates; of Aluminium Price in Guatemala (CIF) - 2022
2. Sulphates; of Aluminium Price in Guatemala (FOB) - 2022
3. Sulphates; of Aluminium Imports in Guatemala
4. Sulphates; of Aluminium Exports in Guatemala

Sulphates; of Aluminium Price in Guatemala (CIF) - 2022

In 2022, the average sulphates; of aluminium import price amounted to $505 per ton, surging by 31% against the previous year. In general, import price indicated a perceptible increase 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, sulphates; of aluminium import price increased by +73.9% against 2017 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Mexico ($503 per ton), while the price for China totaled $318 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+5.3%).

Sulphates; of Aluminium Price in Guatemala (FOB) - 2022

In 2022, the average sulphates; of aluminium export price amounted to $740 per ton, increasing by 48% against the previous year. Over the period under review, the export price posted buoyant growth. The most prominent rate of growth was recorded in 2020 when the average export price increased by 268%. As a result, the export price reached the peak level of $1,815 per ton. From 2021 to 2022, the average export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was El Salvador ($742 per ton), while the average price for exports to Nicaragua ($631 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 Honduras (+10.7%), while the prices for the other major destinations experienced more modest paces of growth.

Sulphates; of Aluminium Imports in Guatemala

For the fourth year in a row, Guatemala recorded growth in supplies from abroad of sulphates; of aluminia, which increased by 3.2% to 6.1K tons in 2022. The total import volume increased at an average annual rate of +4.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 6.4%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, sulphates; of aluminium imports skyrocketed to $3.1M in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +17.6% 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 +62.7% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Sulphates; of Aluminium to Guatemala in 2022:

1. China (undefinedK tons)
2. Mexico (6.0K tons)
3. Turkey (0.1K tons)

Sulphates; of Aluminium Exports in Guatemala

In 2022, the amount of sulphates; of aluminia exported from Guatemala declined to 42 tons, shrinking by -8.2% against 2021 figures. Over the period under review, exports, however, continue to indicate a noticeable expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 707% against the previous year. As a result, the exports attained the peak of 46 tons, and then dropped in the following year.

In value terms, sulphates; of aluminium exports skyrocketed to $31K in 2022. In general, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 122%. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in years to come.

Top Export Markets for Sulphates; of Aluminium from Guatemala in 2022:

1. Honduras (undefined tons)
2. El Salvador (41.2 tons)
3. Nicaragua (1.0 tons)

Source: IndexBox Market Intelligence Platform