Liquefied Butanes Price in Guatemala - 2023

Contents:

1. Liquefied Butanes Price in Guatemala (CIF) - 2023
2. Liquefied Butanes Price in Guatemala (FOB) - 2022
3. Liquefied Butanes Imports in Guatemala
4. Liquefied Butanes Exports in Guatemala

Liquefied Butanes Price in Guatemala (CIF) - 2023

The average liquefied butanes import price stood at $1,015 per ton in October 2023, picking up by 27% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.2%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of origin: the country with the highest price was South Korea ($2,117 per ton), while the price for the United States amounted to $920 per ton.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by South Korea (+11.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Liquefied Butanes Price in Guatemala (FOB) - 2022

In 2022, the average liquefied butanes export price amounted to $1,440 per ton, almost unchanged from the previous year. Over the period under review, the export price saw a resilient increase. The most prominent rate of growth was recorded in 2021 an increase of 474% against the previous year. The export price peaked in 2022 and is likely to see steady growth in years to come.

As there is only one major export destination, the average price level is determined by prices for Belize.

From 2012 to 2022, the rate of growth in terms of prices for Belize amounted to +17.4% per year.

Liquefied Butanes Imports in Guatemala

In 2022, the amount of liquefied butaneses imported into Guatemala skyrocketed to 1.4K tons, growing by 24% on the previous year's figure. Overall, imports, however, recorded a abrupt contraction. The pace of growth was the most pronounced in 2021 with an increase of 93% against the previous year.

In value terms, liquefied butanes imports surged to $1.5M in 2022. In general, imports recorded a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 144% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in the near future.

Top Suppliers of Liquefied Butanes to Guatemala in 2022:

1. Norway (765.5 tons)
2. Nicaragua (167.9 tons)
3. Honduras (122.3 tons)
4. United States (94.0 tons)
5. South Korea (59.9 tons)
6. Estonia (54.0 tons)
7. El Salvador (30.4 tons)

Liquefied Butanes Exports in Guatemala

In 2022, the amount of liquefied butaneses exported from Guatemala declined rapidly to 4.4 tons, with a decrease of -36.1% compared with 2021. Overall, exports continue to indicate a dramatic shrinkage.

In value terms, liquefied butanes exports fell significantly to $6.3K in 2022. In general, exports showed a dramatic decline.

Top Export Markets for Liquefied Butanes from Guatemala in 2022:

1. Belize (4.3 tons)

Source: IndexBox Market Intelligence Platform