Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Guatemala - 2023

Contents:

1. Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Guatemala (CIF) - 2022
2. Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Guatemala (FOB) - 2022
3. Imports of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Guatemala
4. Exports of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Guatemala

Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Guatemala (CIF) - 2022

The average import price for alcohols; aromatic and derivatives, other than benzyl alcohol stood at $9,169 per ton in 2022, increasing by 11% against the previous year. Overall, import price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +6.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 when the average import price increased by 51% against the previous year. Over the period under review, average import prices attained the maximum at $12,279 per ton in 2015; however, from 2016 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 Spain ($11,336 per ton), while the price for India ($5,740 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Panama (+49.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Guatemala (FOB) - 2022

In 2022, the average export price for alcohols; aromatic and derivatives, other than benzyl alcohol amounted to $3,407 per ton, with a decrease of -25.1% against the previous year. In general, the export price showed a deep slump. The pace of growth appeared the most rapid in 2017 when the average export price increased by 83% against the previous year. Over the period under review, the average export prices attained the maximum at $20,297 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Cuba.

From 2012 to 2022, the rate of growth in terms of prices for Honduras amounted to +0.2% per year.

Imports of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Guatemala

In 2022, approx. 67 tons of alcohols; aromatic and derivatives, other than benzyl alcohol were imported into Guatemala; jumping by 18% on the year before. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +22.6% 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 +84.2% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 56%. Over the period under review, imports of attained the maximum in 2022 and are likely to continue growth in years to come.

In value terms, imports of alcohols; aromatic and derivatives, other than benzyl alcohol soared to $617K in 2022. In general, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +21.3% 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 +78.3% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 39%. Imports peaked in 2022 and are expected to retain growth in the near future.

Top Suppliers of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol to Guatemala in 2022:

1. Mexico (33.3 tons)
2. China (15.5 tons)
3. India (11.7 tons)
4. United States (2.8 tons)
5. France (2.3 tons)
6. Spain (0.2 tons)

Exports of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Guatemala

After three years of growth, overseas shipments of alcohols; aromatic and derivatives, other than benzyl alcohol decreased by -27.9% to 302 kg in 2022. Overall, exports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 155% against the previous year. As a result, the exports attained the peak of 419 kg, and then fell remarkably in the following year.

In value terms, exports of alcohols; aromatic and derivatives, other than benzyl alcohol fell sharply to $1K in 2022. Over the period under review, exports showed a abrupt downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 21% against the previous year. As a result, the exports reached the peak of $1.9K, and then contracted dramatically in the following year.

Top Export Markets for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol from Guatemala in 2022:

1. Cuba (302.0 kg)

Source: IndexBox Market Intelligence Platform