Carbonates; Potassium Carbonate Price in Guatemala - 2023

Contents:

  1. Carbonates; Potassium Carbonate Price in Guatemala (CIF) - 2022
  2. Carbonates; Potassium Carbonate Price in Guatemala (FOB) - 2022
  3. Carbonates; Potassium Carbonate Imports in Guatemala
  4. Carbonates; Potassium Carbonate Exports in Guatemala

Carbonates; Potassium Carbonate Price in Guatemala (CIF) - 2022

In 2022, the average carbonates; potassium carbonate import price amounted to $1,762 per ton, reducing by -11.1% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 67%. Over the period under review, average import prices attained the maximum at $2,681 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mexico ($3,111 per ton), while the price for China amounted to $1,536 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+31.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Carbonates; Potassium Carbonate Price in Guatemala (FOB) - 2022

In 2022, the average carbonates; potassium carbonate export price amounted to $1,754 per ton, growing by 5.8% against the previous year. Overall, the export price, however, continues to indicate a mild setback. The pace of growth appeared the most rapid in 2015 when the average export price increased by 62% against the previous year. As a result, the export price reached the peak level of $2,878 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Honduras ($10,000 per ton), while the average price for exports to Costa Rica totaled $1,706 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Costa Rica (+15.8%).

Carbonates; Potassium Carbonate Imports in Guatemala

Carbonates; potassium carbonate imports into Guatemala rose markedly to 23 tons in 2022, surging by 11% compared with the previous year's figure. Over the period under review, imports posted a resilient expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 1,188% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, carbonates; potassium carbonate imports contracted modestly to $40K in 2022. In general, imports recorded measured growth. The most prominent rate of growth was recorded in 2021 when imports increased by 852%. As a result, imports reached the peak of $40K, and then reduced modestly in the following year.

Import of Carbonates; Potassium Carbonate in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China7.00.98.831.064.2%
Mexico0.2N/A1.07.3231.7%
South Korea1.70.21.1N/A-19.6%
Costa Rica2.20.32.1N/A-2.3%
Panama6.90.99.0N/A14.2%
Taiwan (Chinese)9.31.312.6N/A16.4%
Netherlands2.10.32.2N/A2.4%
Others7.20.43.71.5-40.7%
Total36.64.240.439.72.7%

Top Suppliers of Carbonates; Potassium Carbonate to Guatemala in 2022:

  1. China (20.2 tons)
  2. Mexico (2.3 tons)

Carbonates; Potassium Carbonate Exports in Guatemala

In 2022, overseas shipments of carbonates; potassium carbonates decreased by -15.1% to 382 kg, falling for the second consecutive year after two years of growth. In general, exports showed a deep downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 14%. As a result, the exports reached the peak of 713 kg. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, carbonates; potassium carbonate exports dropped to $670 in 2022. Over the period under review, exports saw a abrupt shrinkage. The growth pace was the most rapid in 2020 with an increase of 14% against the previous year. As a result, the exports attained the peak of $1.1K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Carbonates; Potassium Carbonate in Guatemala (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Costa Rica51.0834695645133.0%
El Salvador83.029.011.010.0-50.6%
NicaraguaN/A16225.0N/A-84.6%
Panama600N/AN/AN/A0%
Others21758.015.015.0-59.0%
Total9511,083746670-11.0%

Top Export Markets for Carbonates; Potassium Carbonate from Guatemala in 2022:

  1. Costa Rica (378.0 kg)
  2. El Salvador (2.0 kg)

Source: IndexBox Market Intelligence Platform

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