Phosphates; of Potassium Price in Guatemala - 2023
Contents:
- Phosphates; of Potassium Price in Guatemala (CIF) - 2022
- Phosphates; of Potassium Price in Guatemala (FOB) - 2022
- Phosphates; of Potassium Imports in Guatemala
- Phosphates; of Potassium Exports in Guatemala
Phosphates; of Potassium Price in Guatemala (CIF) - 2022
In 2022, the average phosphates; of potassium import price amounted to $1,972 per ton, with a decrease of -18.7% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of 265% against the previous year. As a result, import price attained the peak level of $6,758 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($15,000 per ton), while the price for Israel ($976 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+14.4%), while the prices for the other major suppliers experienced a decline.
Phosphates; of Potassium Price in Guatemala (FOB) - 2022
The average phosphates; of potassium export price stood at $55,194 per ton in 2022, rising by 199% against the previous year. Overall, the export price posted a significant expansion. The most prominent rate of growth was recorded in 2021 when the average export price increased by 324% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in years to come.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Honduras ($98,957 per ton), while the average price for exports to El Salvador totaled $50,247 per ton.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Panama (+158.6%), while the prices for the other major destinations experienced more modest paces of growth.
Phosphates; of Potassium Imports in Guatemala
In 2022, the amount of phosphates; of potassia imported into Guatemala skyrocketed to 134 tons, jumping by 185% compared with 2021 figures. Overall, imports recorded a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 312% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, phosphates; of potassium imports soared to $264K in 2022. In general, imports continue to indicate a significant expansion. The growth pace was the most rapid in 2020 with an increase of 265%. Imports peaked in 2022 and are likely to see gradual growth in the near future.
| Import of Phosphates; of Potassium in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 16.9 | 18.7 | N/A | 159 | 111.1% |
| Israel | N/A | 59.3 | 31.8 | 64.7 | 4.5% |
| Mexico | 3.1 | 57.4 | 56.9 | 1.8 | -16.6% |
| Others | 21.8 | 17.1 | 25.1 | 38.0 | 20.3% |
| Total | 41.9 | 153 | 114 | 264 | 84.7% |
Top Suppliers of Phosphates; of Potassium to Guatemala in 2022:
- Israel (66.3 tons)
- China (65.2 tons)
- Mexico (0.5 tons)
Phosphates; of Potassium Exports in Guatemala
In 2022, shipments abroad of phosphates; of potassia decreased by -68.6% to 248 kg, falling for the second year in a row after two years of growth. Over the period under review, exports saw a significant decrease. The most prominent rate of growth was recorded in 2020 with an increase of 34% against the previous year. As a result, the exports reached the peak of 5.2 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, phosphates; of potassium exports dropped to $14K in 2022. Overall, exports continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2020 with an increase of 10% against the previous year. As a result, the exports reached the peak of $22K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Phosphates; of Potassium in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| El Salvador | 11.2 | 20.9 | 9.1 | 11.2 | 0.0% |
| Honduras | 1.9 | 1.0 | 2.4 | 2.3 | 6.6% |
| Nicaragua | 4.2 | 0.1 | N/A | 0.2 | -63.8% |
| Dominican Republic | 0.8 | N/A | 0.9 | N/A | 6.1% |
| Panama | 0.7 | 0.4 | 0.8 | N/A | 6.9% |
| Belize | N/A | N/A | 0.4 | N/A | 0% |
| Others | 1.6 | 0.1 | 0.9 | N/A | -25.0% |
| Total | 20.4 | 22.5 | 14.6 | 13.7 | -12.4% |
Top Export Markets for Phosphates; of Potassium from Guatemala in 2022:
- El Salvador (223.0 kg)
- Honduras (23.0 kg)
- Nicaragua (2.0 kg)
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In value terms, phosphinates imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeable fluctuat...
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In value terms, phosphinates exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated some noti...
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In value terms, phosphinates imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeable fluctuat...
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In value terms, phosphinates exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated some noti...
