Price for Chromium Oxides and Hydroxides in Guatemala - 2023

Contents:

1. Price for Chromium Oxides and Hydroxides in Guatemala (CIF) - 2022
2. Price for Chromium Oxides and Hydroxides in Guatemala (FOB) - 2022
3. Imports of Chromium Oxides and Hydroxides in Guatemala
4. Exports of Chromium Oxides and Hydroxides in Guatemala

Price for Chromium Oxides and Hydroxides in Guatemala (CIF) - 2022

The average chromium oxides and hydroxides import price stood at $5,844 per ton in 2022, with an increase of 33% against the previous year. Overall, the import price recorded a measured increase. The pace of growth appeared the most rapid in 2015 when the average import price increased by 99% against the previous year. As a result, import price attained the peak level of $12,787 per ton. From 2016 to 2022, the average import prices remained at a somewhat lower figure.

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 the United States ($17,757 per ton), while the price for Colombia ($4,311 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Chromium Oxides and Hydroxides in Guatemala (FOB) - 2022

In 2022, the average chromium oxides and hydroxides export price amounted to $5,020 per ton, with a decrease of -12.9% against the previous year. Overall, the export price, however, saw a notable increase. The pace of growth was the most pronounced in 2019 an increase of 20%. Over the period under review, the average export prices hit record highs at $5,762 per ton in 2021, and then declined in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Costa Rica ($6,370 per ton), while the average price for exports to the Dominican Republic ($2,625 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 El Salvador (+5.0%), while the prices for the other major destinations experienced a decline.

Imports of Chromium Oxides and Hydroxides in Guatemala

In 2022, approx. 30 tons of chromium oxides and hydroxideses were imported into Guatemala; shrinking by -64.2% against the previous year's figure. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 1,002%. As a result, imports reached the peak of 84 tons, and then dropped rapidly in the following year.

In value terms, chromium oxides and hydroxides imports fell remarkably to $176K in 2022. In general, imports, however, saw a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 1,449%. As a result, imports reached the peak of $368K, and then contracted significantly in the following year.

Top Suppliers of Chromium Oxides and Hydroxides to Guatemala in 2022:

1. Germany (25.3 tons)
2. Colombia (3.6 tons)
3. United States (0.6 tons)
4. Mexico (0.6 tons)

Exports of Chromium Oxides and Hydroxides in Guatemala

In 2022, the amount of chromium oxides and hydroxideses exported from Guatemala declined significantly to 21 tons, which is down by -29.1% on the year before. In general, exports continue to indicate a abrupt decrease. The growth pace was the most rapid in 2021 when exports increased by 26% against the previous year. As a result, the exports reached the peak of 29 tons, and then reduced rapidly in the following year.

In value terms, chromium oxides and hydroxides exports fell remarkably to $104K in 2022. Over the period under review, exports recorded a abrupt decline. The growth pace was the most rapid in 2021 with an increase of 51% against the previous year. As a result, the exports reached the peak of $169K, and then fell rapidly in the following year.

Top Export Markets for Chromium Oxides and Hydroxides from Guatemala in 2022:

1. El Salvador (10.0 tons)
2. Dominican Republic (5.8 tons)
3. Costa Rica (5.0 tons)

Source: IndexBox Market Intelligence Platform