Dithionites and Sulphoxylates Price in Guatemala - 2023

Contents:

  1. Dithionites and Sulphoxylates Price in Guatemala (CIF) - 2022
  2. Dithionites and Sulphoxylates Price in Guatemala (FOB) - 2022
  3. Dithionites and Sulphoxylates Imports in Guatemala
  4. Dithionites and Sulphoxylates Exports in Guatemala

Dithionites and Sulphoxylates Price in Guatemala (CIF) - 2022

The average dithionites and sulphoxylates import price stood at $1,785 per ton in 2022, rising by 20% against the previous year. Over the period under review, import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, dithionites and sulphoxylates import price increased by +76.6% against 2020 indices. The pace of growth was the most pronounced in 2021 an increase of 47%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for El Salvador amounted to +3.0% per year.

Dithionites and Sulphoxylates Price in Guatemala (FOB) - 2022

In 2022, the average dithionites and sulphoxylates export price amounted to $2,445 per ton, picking up by 14% against the previous year. Over the period under review, the export price continues to indicate a pronounced expansion. The most prominent rate of growth was recorded in 2017 an increase of 222%. As a result, the export price attained the peak level of $7,295 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Dominican Republic ($9,212 per ton), while the average price for exports to Honduras ($527 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 El Salvador (+3.2%), while the prices for the other major destinations experienced a decline.

Dithionites and Sulphoxylates Imports in Guatemala

After three years of growth, supplies from abroad of dithionites and sulphoxylateses decreased by -21.4% to 1.4K tons in 2022. The total import volume increased at an average annual rate of +4.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 32%. As a result, imports reached the peak of 1.8K tons, and then fell markedly in the following year.

In value terms, dithionites and sulphoxylates imports shrank to $2.5M in 2022. In general, imports, however, continue to indicate prominent growth. The most prominent rate of growth was recorded in 2021 when imports increased by 94%. As a result, imports attained the peak of $2.7M, and then shrank in the following year.

Import of Dithionites and Sulphoxylates in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,0848161,9112,41630.6%
United States130N/A0.111.7-55.2%
South Korea40.6312362N/A198.6%
Others21724037773.2-30.4%
Total1,4721,3672,6502,50119.3%

Top Suppliers of Dithionites and Sulphoxylates to Guatemala in 2022:

  1. China (1368.4 tons)
  2. United States (6.4 tons)

Dithionites and Sulphoxylates Exports in Guatemala

In 2022, overseas shipments of dithionites and sulphoxylateses decreased by -83.6% to 4.9 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports recorded a abrupt curtailment. The pace of growth was the most pronounced in 2021 when exports increased by 195% against the previous year. As a result, the exports attained the peak of 30 tons, and then dropped dramatically in the following year.

In value terms, dithionites and sulphoxylates exports contracted sharply to $12K in 2022. Over the period under review, exports faced a significant contraction. The growth pace was the most rapid in 2020 when exports increased by 73%.

Export of Dithionites and Sulphoxylates in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
El Salvador4.99.557.210.428.5%
Dominican Republic0.9N/AN/A1.621.1%
Honduras7.1N/A0.10.1-75.9%
SpainN/AN/A3.4N/A0%
Nicaragua0.61.20.6N/A0.0%
ColombiaN/A3.33.5N/A6.1%
Cuba10.226.9N/AN/A163.7%
OthersN/AN/AN/AN/A0%
Total23.640.964.812.1-20.0%

Top Export Markets for Dithionites and Sulphoxylates from Guatemala in 2022:

  1. El Salvador (4.7 tons)
  2. Dominican Republic (0.2 tons)
  3. Honduras (0.1 tons)

Source: IndexBox Market Intelligence Platform

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