Cerium Compounds Price in Guatemala - 2023

Contents:

  1. Cerium Compounds Price in Guatemala (CIF) - 2022
  2. Cerium Compounds Price in Guatemala (FOB) - 2022
  3. Cerium Compounds Imports in Guatemala
  4. Cerium Compounds Exports in Guatemala

Cerium Compounds Price in Guatemala (CIF) - 2022

In 2022, the average cerium compounds import price amounted to $8,860 per ton, reducing by -85.7% against the previous year. Over the period under review, the import price faced a abrupt contraction. The growth pace was the most rapid in 2021 when the average import price increased by 1,782%. As a result, import price attained the peak level of $62,000 per ton, and then reduced dramatically in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mexico ($13,118 per ton), while the price for China ($3,020 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (-2.3%), while the prices for the other major suppliers experienced a decline.

Cerium Compounds Price in Guatemala (FOB) - 2022

The average cerium compounds export price stood at $69,333 per ton in 2022, surging by 61% against the previous year. In general, the export price enjoyed a prominent increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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 ($190,000 per ton), while the average price for exports to El Salvador amounted to $45,200 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to El Salvador (+0.8%).

Cerium Compounds Imports in Guatemala

In 2022, approx. 966 kg of cerium compoundses were imported into Guatemala; growing by 48,200% on the previous year. In general, imports posted significant growth.

In value terms, cerium compounds imports skyrocketed to $8.6K in 2022. Over the period under review, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Cerium Compounds in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico3.83.1N/A5.915.8%
United States0.30.3N/A1.881.7%
ChinaN/AN/AN/A0.60%
Costa RicaN/A0.3N/AN/A0%
Others0.5N/A0.10.3-15.7%
Total4.63.70.18.623.2%

Top Suppliers of Cerium Compounds to Guatemala in 2022:

  1. Mexico (450.0 kg)
  2. United States (313.0 kg)
  3. China (200.0 kg)

Cerium Compounds Exports in Guatemala

In 2022, approx. 6 kg of cerium compoundses were exported from Guatemala; reducing by -80.6% on the year before. In general, exports recorded a sharp curtailment. The pace of growth was the most pronounced in 2021 when exports increased by 417%.

In value terms, cerium compounds exports dropped sharply to $416 in 2022. Overall, exports saw a sharp contraction. The pace of growth was the most pronounced in 2021 with an increase of 489% against the previous year.

Export of Cerium Compounds in Guatemala (USD)
COUNTRY2019202020212022CAGR,
2019-2022
El Salvador2,8182271,336226-56.9%
HondurasN/AN/AN/A1900%
Nicaragua180N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total2,9982271,336416-48.2%

Top Export Markets for Cerium Compounds from Guatemala in 2022:

  1. El Salvador (5.0 kg)
  2. Honduras (1.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Cerium compounds - Guatemala