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Guatemala - Rare Gases (Excluding Argon) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGuatemala: Rare Gases Market 2024
Rare Gases Market Size in Guatemala
In 2023, the Guatemalan rare gases market increased by X% to $X for the first time since 2020, thus ending a two-year declining trend. Over the period under review, consumption, however, saw a abrupt downturn. Rare gases consumption peaked at $X in 2012; however, from 2013 to 2023, consumption failed to regain momentum.
Rare Gases Production in Guatemala
In value terms, rare gases production reduced slightly to $X in 2023 estimated in export price. In general, production faced a abrupt decrease. The growth pace was the most rapid in 2020 when the production volume increased by X% against the previous year. Rare gases production peaked at $X in 2012; however, from 2013 to 2023, production remained at a lower figure.
Rare Gases Exports
Exports from Guatemala
In 2023, the amount of rare gases (excluding argon) exported from Guatemala declined markedly to X cubic meters, waning by X% compared with the previous year. Overall, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2017 with an increase of X%. The exports peaked at X cubic meters in 2022, and then dropped notably in the following year.
In value terms, rare gases exports contracted rapidly to $X in 2023. Over the period under review, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2017 when exports increased by X%. The exports peaked at $X in 2022, and then reduced sharply in the following year.
Exports by Country
Costa Rica (X cubic meters) was the main destination for rare gases exports from Guatemala, with a X% share of total exports. Moreover, rare gases exports to Costa Rica exceeded the volume sent to the second major destination, Nicaragua (X cubic meters), sixfold. The third position in this ranking was held by the Dominican Republic (X cubic meters), with a X% share.
From 2012 to 2023, the average annual rate of growth in terms of volume to Costa Rica stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Nicaragua (X% per year) and the Dominican Republic (X% per year).
In value terms, Costa Rica ($X) emerged as the key foreign market for rare gases (excluding argon) exports from Guatemala, comprising X% of total exports. The second position in the ranking was taken by the Dominican Republic ($X), with a X% share of total exports. It was followed by Nicaragua, with a X% share.
From 2012 to 2023, the average annual growth rate of value to Costa Rica amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Dominican Republic (X% per year) and Nicaragua (X% per year).
Export Prices by Country
In 2023, the average rare gases export price amounted to $X per cubic meter, with an increase of X% against the previous year. In general, the export price, however, saw a deep downturn. The pace of growth appeared the most rapid in 2017 an increase of X%. The export price peaked at $X per cubic meter in 2013; however, from 2014 to 2023, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belize ($X per cubic meter), while the average price for exports to Nicaragua ($X per cubic meter) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Costa Rica (X%), while the prices for the other major destinations experienced more modest paces of growth.
Rare Gases Imports
Imports into Guatemala
In 2023, approx. X cubic meters of rare gases (excluding argon) were imported into Guatemala; falling by X% compared with the previous year. In general, imports, however, recorded modest growth. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of X cubic meters. From 2022 to 2023, the growth of imports remained at a somewhat lower figure.
In value terms, rare gases imports amounted to $X in 2023. Overall, imports, however, posted a buoyant increase. The most prominent rate of growth was recorded in 2019 with an increase of X%. As a result, imports reached the peak of $X. From 2020 to 2023, the growth of imports remained at a somewhat lower figure.
Imports by Country
In 2023, the United States (X cubic meters) constituted the largest rare gases supplier to Guatemala, with a X% share of total imports. Moreover, rare gases imports from the United States exceeded the figures recorded by the second-largest supplier, Mexico (X cubic meters), sevenfold. China (X cubic meters) ranked third in terms of total imports with a X% share.
From 2012 to 2023, the average annual rate of growth in terms of volume from the United States stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (X% per year) and China (X.0% per year).
In value terms, the United States ($X) constituted the largest supplier of rare gases (excluding argon) to Guatemala, comprising X% of total imports. The second position in the ranking was held by Mexico ($X), with a X% share of total imports. It was followed by China, with a X% share.
From 2012 to 2023, the average annual growth rate of value from the United States amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (X% per year) and China (X.9% per year).
Import Prices by Country
The average rare gases import price stood at $X per cubic meter in 2023, with an increase of X% against the previous year. Over the period under review, the import price posted prominent growth. The growth pace was the most rapid in 2022 an increase of X%. Over the period under review, average import prices reached the peak figure in 2023 and is expected to retain growth in the near future.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was the United States ($X per cubic meter), while the price for El Salvador ($X per thousand cubic meters) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Mexico (X%), while the prices for the other major suppliers experienced a decline.
Source: IndexBox Platform
This report provides an in-depth analysis of the rare gases market 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 20111130 - Rare gases (excluding argon)
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
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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
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