Price for Iodides and Iodide Oxides in Guatemala - 2023

Contents:

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

Price for Iodides and Iodide Oxides in Guatemala (CIF) - 2022

In 2022, the average iodides and iodide oxides import price amounted to $31,662 per ton, rising by 14% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.6%. The pace of growth was the most pronounced in 2015 an increase of 22% against the previous year. The import price peaked in 2022 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 South Korea ($170,813 per ton), while the price for Finland ($12,346 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+74.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Iodides and Iodide Oxides in Guatemala (FOB) - 2022

The average iodides and iodide oxides export price stood at $24,307 per ton in 2022, waning by -8.6% against the previous year. In general, the export price, however, showed a buoyant increase. The growth pace was the most rapid in 2013 an increase of 107%. The export price peaked at $26,580 per ton in 2021, and then reduced in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Nicaragua ($68,370 per ton), while the average price for exports to the Dominican Republic ($10,567 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 (+28.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iodides and Iodide Oxides in Guatemala

In 2022, approx. 9.5 tons of iodides and iodide oxideses were imported into Guatemala; picking up by 61% on the previous year's figure. Overall, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +13.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, iodides and iodide oxides imports soared to $301K in 2022. In general, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Iodides and Iodide Oxides to Guatemala in 2022:

1. Germany (4.5 tons)
2. India (2.6 tons)
3. Chile (1.1 tons)
4. China (0.6 tons)
5. Finland (0.3 tons)
6. South Korea (0.3 tons)
7. Mexico (0.1 tons)

Exports of Iodides and Iodide Oxides in Guatemala

In 2022, overseas shipments of iodides and iodide oxideses increased by 1.2% to 3.7 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, showed a abrupt decrease.

In value terms, iodides and iodide oxides exports shrank to $89K in 2022. Overall, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 when exports increased by 13%. As a result, the exports attained the peak of $103K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Top Export Markets for Iodides and Iodide Oxides from Guatemala in 2022:

1. El Salvador (1869.0 kg)
2. Dominican Republic (931.0 kg)
3. Honduras (836.0 kg)
4. Nicaragua (27.0 kg)
5. Panama (11.0 kg)

Source: IndexBox Market Intelligence Platform