Sulphites; of Sodium Price in Guatemala - 2023

Contents:

1. Sulphites; of Sodium Price in Guatemala (CIF) - 2022
2. Sulphites; of Sodium Price in Guatemala (FOB) - 2022
3. Sulphites; of Sodium Imports in Guatemala
4. Sulphites; of Sodium Exports in Guatemala

Sulphites; of Sodium Price in Guatemala (CIF) - 2022

In 2022, the average sulphites; of sodium import price amounted to $778 per ton, with an increase of 12% against the previous year. Over the period under review, import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sulphites; of sodium import price increased by +15.5% against 2018 indices. The most prominent rate of growth was recorded in 2017 an increase of 48%. The import price peaked in 2022 and is likely to see steady growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($1,589 per ton), while the price for Germany ($591 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+15.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Sulphites; of Sodium Price in Guatemala (FOB) - 2022

In 2022, the average sulphites; of sodium export price amounted to $1,283 per ton, declining by -35.7% against the previous year. In general, export price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sulphites; of sodium export price increased by +31.2% against 2018 indices. The growth pace was the most rapid in 2021 when the average export price increased by 81%. As a result, the export price attained the peak level of $1,994 per ton, and then declined rapidly in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was El Salvador ($7,459 per ton), while the average price for exports to Honduras ($889 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 (+16.1%), while the prices for the other major destinations experienced more modest paces of growth.

Sulphites; of Sodium Imports in Guatemala

In 2022, imports of sulphites; of sodia into Guatemala surged to 974 tons, jumping by 33% on 2021. The total import volume increased at an average annual rate of +8.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, sulphites; of sodium imports skyrocketed to $758K in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +18.7% 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 +67.1% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Sulphites; of Sodium to Guatemala in 2022:

1. Germany (580.5 tons)
2. China (164.3 tons)
3. Turkey (143.3 tons)
4. Mexico (28.0 tons)
5. Netherlands (25.0 tons)
6. Italy (25.0 tons)
7. United States (5.0 tons)

Sulphites; of Sodium Exports in Guatemala

In 2022, shipments abroad of sulphites; of sodia increased by 247% to 48 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, sulphites; of sodium exports soared to $62K in 2022. Over the period under review, exports showed buoyant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Sulphites; of Sodium from Guatemala in 2022:

1. Honduras (41.5 tons)
2. Belize (2.3 tons)
3. El Salvador (2.1 tons)
4. Nicaragua (1.9 tons)
5. Costa Rica (0.2 tons)

Source: IndexBox Market Intelligence Platform