Price for Cellulose Nitrates (Including Collodions); in Primary Forms in Guatemala - 2023

Contents:

  1. Price for Cellulose Nitrates (Including Collodions); in Primary Forms in Guatemala (CIF) - 2022
  2. Price for Cellulose Nitrates (Including Collodions); in Primary Forms in Guatemala (FOB) - 2022
  3. Imports of Cellulose Nitrates (Including Collodions); in Primary Forms in Guatemala
  4. Exports of Cellulose Nitrates (Including Collodions); in Primary Forms in Guatemala

Price for Cellulose Nitrates (Including Collodions); in Primary Forms in Guatemala (CIF) - 2022

The average import price for cellulose nitrates (including collodions); in primary formses stood at $4,177 per ton in 2022, with an increase of 34% against the previous year. Over the period under review, the import price, however, continues to indicate a pronounced decrease. Over the period under review, average import prices reached the peak figure at $5,246 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Mexico ($4,877 per ton), while the price for Brazil ($4,027 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+20.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Cellulose Nitrates (Including Collodions); in Primary Forms in Guatemala (FOB) - 2022

In 2022, the average export price for cellulose nitrates (including collodions); in primary formses amounted to $160,625 per ton, increasing by 4,303% against the previous year. In general, the export price recorded significant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for Panama amounted to +107.9% per year.

Imports of Cellulose Nitrates (Including Collodions); in Primary Forms in Guatemala

For the fourth year in a row, Guatemala recorded growth in purchases abroad of cellulose nitrates (including collodions); in primary formses, which increased by 5.9% to 463 tons in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +15.3% 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 +53.1% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 40% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, imports of cellulose nitrates (including collodions); in primary formses skyrocketed to $1.9M in 2022. In general, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Cellulose Nitrates (Including Collodions); in Primary Forms in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil7899839671,48323.4%
China10921031422827.9%
Mexico1.8N/A0.4168353.6%
Others61.859.883.656.9-2.7%
Total9611,2521,3651,93626.3%

Top Suppliers of Cellulose Nitrates (Including Collodions); in Primary Forms to Guatemala in 2022:

  1. Brazil (368.2 tons)
  2. China (54.2 tons)
  3. Mexico (34.5 tons)

Exports of Cellulose Nitrates (Including Collodions); in Primary Forms in Guatemala

For the third consecutive year, Guatemala recorded decline in shipments abroad of cellulose nitrates (including collodions); in primary formses, which decreased by 99.9% to 8 kg in 2022. Overall, exports continue to indicate a dramatic contraction. The smallest decline of -6.8% was in 2021.

In value terms, exports of cellulose nitrates (including collodions); in primary formses contracted remarkably to $1.3K in 2022. Over the period under review, exports saw a dramatic downturn. The smallest decline of -14.6% was in 2021.

Export of Cellulose Nitrates (Including Collodions); in Primary Forms in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
PanamaN/A0.8N/A1.327.5%
Costa Rica8.94.4N/AN/A-50.6%
Honduras85.967.962.3N/A-14.8%
OthersN/AN/AN/AN/A0%
Total94.873.062.31.3-76.1%

Top Export Markets for Cellulose Nitrates (Including Collodions); in Primary Forms from Guatemala in 2022:

  1. Panama (8.0 kg)

Source: IndexBox Market Intelligence Platform

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