Price for Carbides, Whether or Not Chemically Defined in Guatemala - 2023

Contents:

  1. Price for Carbides, Whether or Not Chemically Defined in Guatemala (CIF) - 2022
  2. Price for Carbides, Whether or Not Chemically Defined in Guatemala (FOB) - 2022
  3. Imports of Carbides, Whether or Not Chemically Defined in Guatemala
  4. Exports of Carbides, Whether or Not Chemically Defined in Guatemala

Price for Carbides, Whether or Not Chemically Defined in Guatemala (CIF) - 2022

The average import price for carbides, whether or not chemically defineds stood at $1,307 per ton in 2022, increasing by 35% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.0%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 China ($1,890 per ton), while the price for Mexico ($1,165 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+37.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Carbides, Whether or Not Chemically Defined in Guatemala (FOB) - 2022

In 2022, the average export price for carbides, whether or not chemically defineds amounted to $1,545 per ton, jumping by 40% against the previous year. Overall, the export price, however, showed a pronounced reduction. The growth pace was the most rapid in 2016 an increase of 1,280%. As a result, the export price reached the peak level of $30,125 per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Panama ($1,548 per ton), while the average price for exports to Honduras ($1,543 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 (+22.0%), while the prices for the other major destinations experienced a decline.

Imports of Carbides, Whether or Not Chemically Defined in Guatemala

In 2022, supplies from abroad of carbides, whether or not chemically defineds decreased by -0.3% to 1.9K tons, falling for the second year in a row after two years of growth. Overall, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 15% against the previous year. As a result, imports attained the peak of 2.2K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of carbides, whether or not chemically defineds surged to $2.5M in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +14.5% 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 +50.2% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Carbides, Whether or Not Chemically Defined in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico8391,0249681,54022.4%
Brazil24725059448825.5%
China501556258432-4.8%
Others51.33.48.51.4-69.9%
Total1,6391,8331,8292,46214.5%

Top Suppliers of Carbides, Whether or Not Chemically Defined to Guatemala in 2022:

  1. Mexico (1322.2 tons)
  2. Brazil (332.0 tons)
  3. China (228.3 tons)

Exports of Carbides, Whether or Not Chemically Defined in Guatemala

In 2022, exports of carbides, whether or not chemically defineds from Guatemala fell markedly to 54 tons, dropping by -29% against the previous year. Overall, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 1,162%. As a result, the exports attained the peak of 76 tons, and then fell dramatically in the following year.

In value terms, exports of carbides, whether or not chemically defineds contracted slightly to $83K in 2022. In general, exports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 1,082%. As a result, the exports attained the peak of $84K, leveling off in the following year.

Export of Carbides, Whether or Not Chemically Defined in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Honduras8.67.116.746.875.9%
Panama17.0N/A24.732.123.6%
NicaraguaN/AN/AN/A4.20%
MexicoN/AN/A41.9N/A0%
OthersN/AN/A0.3N/A0%
Total25.67.183.783.048.0%

Top Export Markets for Carbides, Whether or Not Chemically Defined from Guatemala in 2022:

  1. Honduras (30.3 tons)
  2. Panama (20.7 tons)
  3. Nicaragua (2.7 tons)

Source: IndexBox Market Intelligence Platform

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