Price for Albumins; Albuminates and Other Albumin Derivatives in Guatemala - 2023

Contents:

1. Price for Albumins; Albuminates and Other Albumin Derivatives in Guatemala (CIF) - 2022
2. Price for Albumins; Albuminates and Other Albumin Derivatives in Guatemala (FOB) - 2022
3. Imports of Albumins; Albuminates and Other Albumin Derivatives in Guatemala
4. Exports of Albumins; Albuminates and Other Albumin Derivatives in Guatemala

Price for Albumins; Albuminates and Other Albumin Derivatives in Guatemala (CIF) - 2022

In 2022, the average import price for albumins; albuminates and other albumin derivativeses amounted to $11,899 per ton, increasing by 73% against the previous year. Overall, the import price, however, showed a pronounced curtailment. Over the period under review, average import prices attained the peak figure at $15,493 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 ($17,923 per ton), while the price for Belgium ($4,494 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+8.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Albumins; Albuminates and Other Albumin Derivatives in Guatemala (FOB) - 2022

In 2022, the average export price for albumins; albuminates and other albumin derivativeses amounted to $5,187 per ton, falling by -4.8% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. Over the period under review, the average export prices attained the maximum at $11,158 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Costa Rica ($19,781 per ton), while the average price for exports to Nicaragua ($1,842 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Costa Rica (+25.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Albumins; Albuminates and Other Albumin Derivatives in Guatemala

After three years of growth, supplies from abroad of albumins; albuminates and other albumin derivativeses decreased by -3.8% to 174 tons in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +12.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +41.4% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 41% against the previous year. As a result, imports attained the peak of 181 tons, and then fell slightly in the following year.

In value terms, imports of albumins; albuminates and other albumin derivativeses surged to $2.1M in 2022. Overall, imports, however, continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Albumins; Albuminates and Other Albumin Derivatives to Guatemala in 2022:

1. Mexico (51.9 tons)
2. Denmark (45.0 tons)
3. United States (33.8 tons)
4. Belgium (32.0 tons)
5. Netherlands (10.6 tons)

Exports of Albumins; Albuminates and Other Albumin Derivatives in Guatemala

In 2022, approx. 135 tons of albumins; albuminates and other albumin derivativeses were exported from Guatemala; picking up by 1,302% against the year before. Overall, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of albumins; albuminates and other albumin derivativeses surged to $700K in 2022. In general, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Albumins; Albuminates and Other Albumin Derivatives from Guatemala in 2022:

1. El Salvador (129.9 tons)
2. Nicaragua (2.7 tons)
3. Costa Rica (2.3 tons)
4. Honduras (0.1 tons)

Source: IndexBox Market Intelligence Platform