Phenols; Phenol-Alcohols Price in Guatemala - 2023

Contents:

  1. Phenols; Phenol-Alcohols Price in Guatemala (CIF) - 2022
  2. Phenols; Phenol-Alcohols Price in Guatemala (FOB) - 2022
  3. Phenols; Phenol-Alcohols Imports in Guatemala
  4. Phenols; Phenol-Alcohols Exports in Guatemala

Phenols; Phenol-Alcohols Price in Guatemala (CIF) - 2022

In 2022, the average phenols; phenol-alcohols import price amounted to $4,195 per ton, picking up by 50% against the previous year. Over the period under review, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, phenols; phenol-alcohols import price increased by +68.9% against 2019 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Lithuania ($6,249 per ton), while the price for Russia ($2,390 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Honduras (+21.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Phenols; Phenol-Alcohols Price in Guatemala (FOB) - 2022

In 2022, the average phenols; phenol-alcohols export price amounted to $3,311 per ton, waning by -26.4% against the previous year. In general, export price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, phenols; phenol-alcohols export price increased by +23.8% against 2019 indices. The pace of growth was the most pronounced in 2015 when the average export price increased by 51%. As a result, the export price attained the peak level of $4,749 per ton. From 2016 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Costa Rica ($9,269 per ton), while the average price for exports to the United States ($2,739 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 (+8.3%), while the prices for the other major destinations experienced more modest paces of growth.

Phenols; Phenol-Alcohols Imports in Guatemala

In 2022, the amount of phenols; phenol-alcoholses imported into Guatemala reached 738 tons, surging by 6.4% compared with the previous year. In general, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +12.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +43.7% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 30% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, phenols; phenol-alcohols imports skyrocketed to $3.1M in 2022. Over the period under review, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Phenols; Phenol-Alcohols in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
LithuaniaN/AN/A0.1836835900.0%
United States5244454216406.9%
Mexico46142848361510.1%
China76.610416.131059.4%
Taiwan (Chinese)N/AN/AN/A2480%
RussiaN/A23.7169137140.4%
Brazil53.1N/A6.696.922.2%
BelgiumN/AN/A70.673.54.1%
Germany49.813326.220.5-25.6%
Spain11.52312392.2-42.4%
Latvia28.923.3314N/A229.6%
Others69.411718911518.3%
Total1,2751,5041,9343,09434.4%

Top Suppliers of Phenols; Phenol-Alcohols to Guatemala in 2022:

  1. United States (191.5 tons)
  2. Lithuania (133.8 tons)
  3. Mexico (102.1 tons)
  4. China (94.7 tons)
  5. Taiwan (Chinese) (92.7 tons)
  6. Russia (57.5 tons)
  7. Belgium (20.6 tons)
  8. Brazil (19.0 tons)
  9. Germany (2.3 tons)
  10. Spain (0.6 tons)

Phenols; Phenol-Alcohols Exports in Guatemala

In 2022, overseas shipments of phenols; phenol-alcoholses increased by 298% to 45 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports continue to indicate buoyant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, phenols; phenol-alcohols exports surged to $150K in 2022. Over the period under review, exports showed prominent growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Phenols; Phenol-Alcohols in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/AN/AN/A95.80%
Honduras7.519.316.425.550.4%
MexicoN/AN/AN/A16.60%
El Salvador54.944.022.19.9-43.5%
Nicaragua26.90.51.70.7-70.4%
Others5.713.511.01.6-34.5%
Total95.177.351.215016.4%

Top Export Markets for Phenols; Phenol-Alcohols from Guatemala in 2022:

  1. United States (35.0 tons)
  2. Honduras (5.2 tons)
  3. El Salvador (2.5 tons)
  4. Mexico (2.0 tons)
  5. Nicaragua (0.2 tons)

Source: IndexBox Market Intelligence Platform

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