Price for Aluminium; Alloys, Hollow Profiles in Guatemala - 2023

Contents:

  1. Price for Aluminium; Alloys, Hollow Profiles in Guatemala (CIF) - 2023
  2. Price for Aluminium; Alloys, Hollow Profiles in Guatemala (FOB) - 2022
  3. Imports of Aluminium; Alloys, Hollow Profiles in Guatemala
  4. Exports of Aluminium; Alloys, Hollow Profiles in Guatemala

Price for Aluminium; Alloys, Hollow Profiles in Guatemala (CIF) - 2023

The average aluminium; alloys, hollow profiles import price stood at $6,938 per ton in October 2023, jumping by 28% against the previous month. In general, the import price, however, showed a mild shrinkage. The pace of growth appeared the most rapid in March 2023 when the average import price increased by 40% month-to-month. The import price peaked at $8,432 per ton in October 2022; however, from November 2022 to October 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was El Salvador ($23,342 per ton), while the price for China ($3,484 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by El Salvador (+7.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Aluminium; Alloys, Hollow Profiles in Guatemala (FOB) - 2022

The average aluminium; alloys, hollow profiles export price stood at $6,375 per ton in 2022, reducing by -57% against the previous year. Over the period under review, the export price, however, recorded a prominent expansion. The most prominent rate of growth was recorded in 2021 when the average export price increased by 166%. As a result, the export price attained the peak level of $14,831 per ton, and then reduced markedly in the following year.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Costa Rica ($6,751 per ton), while the average price for exports to El Salvador stood at $6,149 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to El Salvador (+7.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Aluminium; Alloys, Hollow Profiles in Guatemala

Aluminium; alloys, hollow profiles imports into Guatemala skyrocketed to 743 tons in 2022, growing by 28% against the previous year's figure. Overall, imports posted a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 32% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, aluminium; alloys, hollow profiles imports skyrocketed to $4.2M in 2022. In general, imports saw significant growth. The pace of growth was the most pronounced in 2021 with an increase of 57%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.

Import of Aluminium; Alloys, Hollow Profiles in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1924801,1422,006118.6%
El Salvador1,7231,3361,6911,8682.7%
Mexico11513672.91529.7%
Spain74.313835885.54.8%
Others25.920.852.366.336.8%
Total2,1302,1113,3164,17825.2%

Top Suppliers of Aluminium; Alloys, Hollow Profiles to Guatemala in 2022:

  1. China (495.9 tons)
  2. El Salvador (210.3 tons)
  3. Mexico (22.1 tons)
  4. Spain (5.8 tons)

Exports of Aluminium; Alloys, Hollow Profiles in Guatemala

In 2022, approx. 7.3 tons of aluminium; alloys, hollow profileses were exported from Guatemala; with an increase of 377% on the year before. Overall, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, aluminium; alloys, hollow profiles exports skyrocketed to $47K in 2022. In general, exports continue to indicate significant growth. The pace of growth was the most pronounced in 2021 with an increase of 725%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

Export of Aluminium; Alloys, Hollow Profiles in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
El SalvadorN/A0.315.528.1867.8%
Costa Rica0.3N/AN/A18.5295.1%
PanamaN/AN/A7.0N/A0%
Mexico2.72.5N/AN/A-7.4%
Honduras1.5N/A0.2N/A-63.5%
Others0.2N/AN/AN/A0%
Total4.62.822.846.6116.4%

Top Export Markets for Aluminium; Alloys, Hollow Profiles from Guatemala in 2022:

  1. El Salvador (4.6 tons)
  2. Costa Rica (2.7 tons)

Source: IndexBox Market Intelligence Platform

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