Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Guatemala - 2024

Contents:

1. Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Guatemala (CIF) - 2022
2. Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Guatemala (FOB) - 2022
3. Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Guatemala
4. Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Guatemala

Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Guatemala (CIF) - 2022

In 2022, the average import price for acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses amounted to $3,845 per ton, growing by 46% against the previous year. Over the period under review, the import price, however, recorded a pronounced setback. The most prominent rate of growth was recorded in 2015 an increase of 106%. Over the period under review, average import prices hit record highs at $5,172 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 the United States ($8,336 per ton), while the price for Belgium ($2,769 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Guatemala (FOB) - 2022

In 2022, the average export price for acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses amounted to $5,774 per ton, picking up by 86% against the previous year. In general, the export price showed resilient growth. As a result, the export price attained 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 the Dominican Republic ($52,470 per ton), while the average price for exports to El Salvador ($4,666 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 the Dominican Republic (+75.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Guatemala

In 2022, supplies from abroad of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses decreased by -12.6% to 199 tons for the first time since 2018, thus ending a three-year rising trend. Overall, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +18.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +66.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 38% against the previous year. As a result, imports reached the peak of 227 tons, and then declined in the following year.

In value terms, imports of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses surged to $764K in 2022. In general, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 63% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters to Guatemala in 2022:

1. China (77.6 tons)
2. Belgium (74.9 tons)
3. Spain (26.6 tons)
4. United States (8.5 tons)
5. Mexico (6.0 tons)

Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Guatemala

In 2022, shipments abroad of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses decreased by -36.9% to 12 tons, falling for the second year in a row after two years of growth. In general, exports saw a deep slump. The most prominent rate of growth was recorded in 2020 with an increase of 93%. As a result, the exports reached the peak of 27 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses soared to $69K in 2022. Overall, exports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2020 when exports increased by 108% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.

Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters from Guatemala in 2022:

1. El Salvador (10.5 tons)
2. Honduras (1.2 tons)
3. Dominican Republic (0.2 tons)

Source: IndexBox Market Intelligence Platform