Price for Bromides; of Sodium or of Potassium in Guatemala - 2023

Contents:

  1. Price for Bromides; of Sodium or of Potassium in Guatemala (CIF) - 2022
  2. Price for Bromides; of Sodium or of Potassium in Guatemala (FOB) - 2022
  3. Imports of Bromides; of Sodium or of Potassium in Guatemala
  4. Exports of Bromides; of Sodium or of Potassium in Guatemala

Price for Bromides; of Sodium or of Potassium in Guatemala (CIF) - 2022

In 2022, the average import price for bromides; of sodium or of potassia amounted to $10,695 per ton, surging by 47% against the previous year. In general, the import price posted a notable increase. Over the period under review, average import prices reached the peak figure at $11,921 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mexico ($10,728 per ton), while the price for Germany ($3,418 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+2.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Bromides; of Sodium or of Potassium in Guatemala (FOB) - 2022

The average export price for bromides; of sodium or of potassia stood at $5,297 per ton in 2022, falling by -7.9% against the previous year. Over the period under review, the export price recorded a pronounced slump. The pace of growth appeared the most rapid in 2017 an increase of 40% against the previous year. As a result, the export price attained the peak level of $8,200 per ton. From 2018 to 2022, the average export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Costa Rica amounted to +1.8% per year.

Imports of Bromides; of Sodium or of Potassium in Guatemala

In 2022, imports of bromides; of sodium or of potassia into Guatemala declined rapidly to 835 kg, shrinking by -96.3% against the previous year. Over the period under review, imports faced a precipitous slump. The pace of growth appeared the most rapid in 2021 when imports increased by 211%.

In value terms, imports of bromides; of sodium or of potassia dropped significantly to $8.9K in 2022. In general, imports faced a precipitous contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 309%. As a result, imports attained the peak of $163K, and then fell sharply in the following year.

Import of Bromides; of Sodium or of Potassium in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico2.40.53.57.344.9%
United States55.222.61160.6-77.8%
Germany0.30.42.40.2-12.6%
Argentina14.711.917.9N/A10.3%
Costa Rica31.0N/AN/AN/A0%
PanamaN/AN/A18.3N/A0%
El Salvador11.94.15.2N/A-33.9%
Others0.20.30.30.751.8%
Total11639.81638.9-57.5%

Top Suppliers of Bromides; of Sodium or of Potassium to Guatemala in 2022:

  1. Mexico (685.0 kg)
  2. United States (78.0 kg)
  3. Germany (67.0 kg)

Exports of Bromides; of Sodium or of Potassium in Guatemala

In 2022, shipments abroad of bromides; of sodium or of potassia decreased by -42.9% to 64 kg, falling for the second consecutive year after two years of growth. Over the period under review, exports recorded a deep slump. The pace of growth appeared the most rapid in 2020 with an increase of 51% against the previous year. As a result, the exports reached the peak of 125 kg. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of bromides; of sodium or of potassia reduced remarkably to $339 in 2022. Overall, exports saw a abrupt shrinkage. The pace of growth was the most pronounced in 2020 with an increase of 66% against the previous year. As a result, the exports attained the peak of $948. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Bromides; of Sodium or of Potassium in Guatemala (USD)
COUNTRY2019202020212022CAGR,
2019-2022
El Salvador58.068744033980.1%
Costa Rica437261204N/A-31.7%
Nicaragua75.0N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total570948644339-15.9%

Top Export Markets for Bromides; of Sodium or of Potassium from Guatemala in 2022:

  1. El Salvador (64.0 kg)

Source: IndexBox Market Intelligence Platform

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