Natural Sand Price in Guatemala - 2023

Contents:

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

Natural Sand Price in Guatemala (CIF) - 2022

In 2022, the average natural sand import price amounted to $370 per ton, picking up by 62% against the previous year. Over the period under review, the import price, however, showed a perceptible curtailment. Over the period under review, average import prices attained the peak figure at $552 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -2.9% per year.

Natural Sand Price in Guatemala (FOB) - 2022

The average natural sand export price stood at $313 per ton in 2022, rising by 291% against the previous year. Over the period under review, the export price continues to indicate a resilient increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Honduras ($581 per ton), while the average price for exports to El Salvador amounted to $202 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to El Salvador (+5.5%), while the prices for the other major destinations experienced a decline.

Natural Sand Imports in Guatemala

In 2022, imports of natural sands into Guatemala fell remarkably to 685 tons, with a decrease of -81.8% on the previous year's figure. Overall, imports faced a dramatic decrease. The pace of growth appeared the most rapid in 2021 with an increase of 48%. As a result, imports reached the peak of 3.8K tons, and then contracted rapidly in the following year.

In value terms, natural sand imports contracted notably to $253K in 2022. In general, imports continue to indicate a precipitous decrease. The growth pace was the most rapid in 2021 with an increase of 46%. As a result, imports attained the peak of $857K, and then fell notably in the following year.

Import of Natural Sand in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States273286427253-2.5%
Mexico399272357N/A-5.4%
Others66.331.372.5N/A4.6%
Total738589857253-30.0%

Top Suppliers of Natural Sand to Guatemala in 2022:

  1. United States (684.6 tons)

Natural Sand Exports in Guatemala

In 2022, overseas shipments of natural sands decreased by -46.1% to 26 tons, falling for the second year in a row after two years of growth. Over the period under review, exports faced a precipitous setback. The most prominent rate of growth was recorded in 2020 with an increase of 59%. As a result, the exports attained the peak of 174 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, natural sand exports surged to $8.3K in 2022. Overall, exports, however, continue to indicate temperate growth. The most prominent rate of growth was recorded in 2020 with an increase of 291%. As a result, the exports attained the peak of $29K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Natural Sand in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
El Salvador0.45.02.14.2119.0%
Honduras0.26.80.73.2152.0%
United States6.9N/AN/AN/A0%
Costa RicaN/A17.4N/AN/A0%
OthersN/A0.11.11.0216.2%
Total7.529.33.98.33.4%

Top Export Markets for Natural Sand from Guatemala in 2022:

  1. El Salvador (20.7 tons)
  2. Honduras (5.4 tons)

Source: IndexBox Market Intelligence Platform

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