Dolomite Price in Guatemala - 2023
Contents:
Dolomite Price in Guatemala (FOB) - 2022
In 2022, the average dolomite export price amounted to $151 per ton, jumping by 15% against the previous year. Overall, the export price posted a buoyant increase. The growth pace was the most rapid in 2020 when the average export price increased by 52% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Costa Rica ($157 per ton), while the average price for exports to Belize ($60 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 (+18.4%), while the prices for the other major destinations experienced more modest paces of growth.
Dolomite Exports in Guatemala
In 2022, overseas shipments of dolomite were finally on the rise to reach 50K tons for the first time since 2019, thus ending a two-year declining trend. In general, exports showed a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, dolomite exports soared to $7.6M in 2022. Overall, exports recorded significant growth. The growth pace was the most rapid in 2020 when exports increased by 43%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.
| Export of Dolomite in Guatemala (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Costa Rica | 2.9 | 4.4 | 4.5 | 5.7 | 25.3% |
| Nicaragua | 0.1 | 0.3 | 0.4 | 1.4 | 141.0% |
| El Salvador | 0.3 | 0.1 | 0.1 | 0.2 | -12.6% |
| Ecuador | 0.1 | 0.1 | 0.3 | 0.2 | 26.0% |
| Mexico | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Others | 0.1 | 0.2 | 0.2 | N/A | 41.4% |
| Total | 3.6 | 5.2 | 5.5 | 7.6 | 28.3% |
Top Export Markets for Dolomite from Guatemala in 2022:
- Costa Rica (36.3K tons)
- Nicaragua (9.3K tons)
- El Salvador (2.5K tons)
- Ecuador (1.3K tons)
- Mexico (0.6K tons)
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