Guatemala - Hydantoin And Its Derivatives - Market Analysis, Forecast, Size, Trends And Insights
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View PricingHydantoin Price in Guatemala - 2023
Contents:
- Hydantoin Price in Guatemala (CIF) - 2022
- Hydantoin Price in Guatemala (FOB) - 2022
- Hydantoin Imports in Guatemala
- Hydantoin Exports in Guatemala
Hydantoin Price in Guatemala (CIF) - 2022
In 2022, the average hydantoin import price amounted to $4,296 per ton, with a decrease of -6% against the previous year. Overall, the import price saw a abrupt descent. The most prominent rate of growth was recorded in 2021 an increase of 38% against the previous year. The import price peaked at $8,165 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($15,847 per ton), while the price for China ($3,465 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-1.6%), while the prices for the other major suppliers experienced a decline.
Hydantoin Price in Guatemala (FOB) - 2022
In 2022, the average hydantoin export price amounted to $3,490 per ton, falling by -10.7% against the previous year. Overall, the export price recorded a pronounced downturn. The most prominent rate of growth was recorded in 2017 an increase of 19%. The export price peaked at $6,365 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Honduras ($6,326 per ton), while the average price for exports to Costa Rica ($2,912 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 Costa Rica (-0.3%), while the prices for the other major destinations experienced a decline.
Hydantoin Imports in Guatemala
In 2022, approx. 42 tons of hydantoin and its derivatives were imported into Guatemala; jumping by 18% on 2021. The total import volume increased at an average annual rate of +12.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 27%. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in years to come.
In value terms, hydantoin imports totaled $181K in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +18.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.9% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 33% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the near future.
| Import of Hydantoin in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 67.5 | 70.5 | 81.7 | 128 | 23.8% |
| United States | 24.2 | 9.8 | 32.7 | 30.8 | 8.4% |
| India | 8.7 | 11.2 | 38.0 | 21.8 | 35.8% |
| Mexico | 7.8 | 29.6 | N/A | N/A | 279.5% |
| Others | 0.9 | 1.9 | 11.3 | N/A | 254.3% |
| Total | 109 | 123 | 164 | 181 | 18.4% |
Top Suppliers of Hydantoin to Guatemala in 2022:
- China (37.1 tons)
- United States (3.7 tons)
- India (1.4 tons)
Hydantoin Exports in Guatemala
For the fourth year in a row, Guatemala recorded growth in shipments abroad of hydantoin and its derivatives, which increased by 61% to 2.8 tons in 2022. In general, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, hydantoin exports surged to $9.7K in 2022. Overall, exports showed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 56% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Hydantoin in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| El Salvador | 2.4 | 1.8 | 1.8 | 5.4 | 31.0% |
| Costa Rica | 0.6 | 1.1 | 1.0 | 2.6 | 63.0% |
| Panama | N/A | 1.1 | 0.6 | 1.2 | 4.4% |
| Honduras | 0.7 | 1.9 | 2.5 | 0.5 | -10.6% |
| Nicaragua | 0.6 | 0.1 | N/A | N/A | -83.3% |
| Dominican Republic | N/A | 0.7 | 0.9 | N/A | 28.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 4.2 | 6.6 | 6.8 | 9.7 | 32.2% |
Top Export Markets for Hydantoin from Guatemala in 2022:
- El Salvador (1515.0 kg)
- Costa Rica (877.0 kg)
- Panama (314.0 kg)
- Honduras (86.0 kg)
This report provides an in-depth analysis of the hydantoin market in Guatemala. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 21103140 - Hydantoin and its derivatives
Country coverage:
- Guatemala
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Guatemala
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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