Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Guatemala - 2023

Contents:

1. Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Guatemala (CIF) - 2023
2. Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Guatemala (FOB) - 2022
3. Imports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Guatemala
4. Exports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Guatemala

Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Guatemala (CIF) - 2023

The average import price for aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s stood at $3,368 per ton in October 2023, reducing by -1.7% against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in January 2023 when the average import price increased by 4.8% m-o-m. The import price peaked at $3,666 per ton in April 2023; however, from May 2023 to October 2023, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In October 2023, the country with the highest price was South Korea ($3,683 per ton), while the price for China stood at $3,334 per ton.

From December 2022 to October 2023, the most notable rate of growth in terms of prices was attained by China (-0.2%).

Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Guatemala (FOB) - 2022

The average export price for aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s stood at $5,651 per ton in 2022, jumping by 33% against the previous year. Over the period under review, export price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was El Salvador ($7,246 per ton), while the average price for exports to Honduras ($5,097 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 Costa Rica (+19.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Guatemala

In 2022, the amount of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s imported into Guatemala soared to 38K tons, growing by 15% against the year before. The total import volume increased at an average annual rate of +1.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 19%. Imports peaked in 2022 and are likely to continue growth in the near future.

In value terms, imports of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s surged to $171M in 2022. In general, imports posted a strong increase. The pace of growth appeared the most rapid in 2021 when imports increased by 67% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Top Suppliers of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) to Guatemala in 2022:

1. China (37.5K tons)
2. South Korea (0.9K tons)

Exports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Guatemala

Exports of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s from Guatemala skyrocketed to 160 tons in 2022, with an increase of 28% on 2021 figures. In general, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 135%. The exports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, exports of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s soared to $902K in 2022. Over the period under review, exports saw a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 110%. Over the period under review, the exports of attained the maximum in 2022 and are likely to see steady growth in years to come.

Top Export Markets for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) from Guatemala in 2022:

1. Honduras (112.0 tons)
2. El Salvador (40.7 tons)
3. Costa Rica (7.0 tons)

Source: IndexBox Market Intelligence Platform