Guatemala - Oxygen - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Guatemala - Oxygen - Market Analysis, Forecast, Size, Trends And Insights

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Oxygen Price in Guatemala - 2023

Contents:

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

Oxygen Price in Guatemala (FOB) - 2022

In 2022, the average oxygen export price amounted to $0.4 per cubic meter, increasing by 13% against the previous year. Over the last decade, it increased at an average annual rate of +2.8%. The pace of growth appeared the most rapid in 2014 an increase of 16%. As a result, the export price reached the peak level of $0.4 per cubic meter. From 2015 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 Nicaragua ($0.6 per cubic meter), while the average price for exports to Honduras ($0.3 per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Dominican Republic (+10.0%), while the prices for the other major destinations experienced more modest paces of growth.

Oxygen Price in Guatemala (CIF) - 2022

In 2022, the average oxygen import price amounted to $0.5 per cubic meter, almost unchanged from the previous year. In general, the import price, however, continues to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2016 an increase of 87%. As a result, import price reached the peak level of $0.8 per cubic meter. From 2017 to 2022, the average import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Mexico ($0.5 per cubic meter), while the price for El Salvador ($0.3 per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Oxygen Exports in Guatemala

In 2022, overseas shipments of oxygen decreased by -59.4% to 8.5M cubic meters for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, enjoyed a noticeable expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 74% against the previous year. The exports peaked at 21M cubic meters in 2021, and then shrank significantly in the following year.

In value terms, oxygen exports fell notably to $3.6M in 2022. Over the period under review, exports, however, posted a strong increase. The most prominent rate of growth was recorded in 2020 when exports increased by 66%. Over the period under review, the exports hit record highs at $7.9M in 2021, and then declined dramatically in the following year.

Export of Oxygen in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Nicaragua1,2422,0673,0071,91815.6%
Honduras1,0091,7753,464991-0.6%
Costa Rica248297215215-4.6%
Dominican Republic4.317.2196197257.8%
Belize13218322218511.9%
Panama38870645571.0-43.2%
Others43.244.430644.81.2%
Total3,0675,0887,8653,6215.7%

Top Export Markets for Oxygen from Guatemala in 2022:

  1. Honduras (3.8M cubic meters)
  2. Nicaragua (3.1M cubic meters)
  3. Dominican Republic (0.6M cubic meters)
  4. Costa Rica (0.4M cubic meters)
  5. Belize (0.4M cubic meters)
  6. Panama (0.2M cubic meters)

Oxygen Imports in Guatemala

In 2022, after three years of growth, there was significant decline in supplies from abroad of oxygen, when their volume decreased by -88.7% to 450K cubic meters. In general, imports, however, showed strong growth. The most prominent rate of growth was recorded in 2021 with an increase of 377%. As a result, imports reached the peak of 4M cubic meters, and then fell remarkably in the following year.

In value terms, oxygen imports fell notably to $207K in 2022. Over the period under review, imports, however, posted a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 407% against the previous year. As a result, imports reached the peak of $1.8M, and then declined markedly in the following year.

Import of Oxygen in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico46.71901,61519360.5%
Colombia33.221.55.77.2-39.9%
El Salvador19.590.813.50.4-72.6%
Others6.658.01946.5-0.5%
Total1063601,82820725.0%

Top Suppliers of Oxygen to Guatemala in 2022:

  1. Mexico (426.2K cubic meters)
  2. Colombia (18.5K cubic meters)
  3. El Salvador (1.2K cubic meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the oxygen 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 20111170 - Oxygen

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Free Data: Oxygen - Guatemala