Report Update May 1, 2024

Guatemala - Aluminium and Titanium - Market Analysis, Forecast, Size, Trends and Insights

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Guatemala: Aluminium And Titanium Market 2024

Aluminium And Titanium Market Size in Guatemala

The Guatemalan aluminium and titanium market expanded modestly to $X in 2022, rising by X% against the previous year. In general, consumption recorded a prominent increase. Aluminium and titanium consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Aluminium And Titanium Production in Guatemala

In value terms, aluminium and titanium production surged to $X in 2022 estimated in export price. In general, production continues to indicate a significant increase. The pace of growth was the most pronounced in 2020 when the production volume increased by X,724,900% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Aluminium And Titanium Exports

Exports from Guatemala

In 2022, overseas shipments of aluminium and titanium decreased by X% to X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports posted a significant increase. The most prominent rate of growth was recorded in 2019 when exports increased by X%. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, aluminium and titanium exports totaled $X in 2022. Overall, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2019 when exports increased by X%. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in years to come.

Exports by Country

Honduras (X tons) was the main destination for aluminium and titanium exports from Guatemala, with a X% share of total exports. Moreover, aluminium and titanium exports to Honduras exceeded the volume sent to the second major destination, El Salvador (X kg), more than tenfold.

From 2013 to 2022, the average annual rate of growth in terms of volume to Honduras amounted to X%.

From 2013 to 2022, the average annual growth rate of value to El Salvador amounted to X%.

Export Prices by Country

The average aluminium and titanium export price stood at $X per ton in 2022, flattening at the previous year. Overall, the export price recorded a dramatic curtailment. The pace of growth appeared the most rapid in 2019 when the average export price decreased by X%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

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 El Salvador ($X per ton), while the average price for exports to Honduras stood at $X per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to El Salvador (X%).

Aluminium And Titanium Imports

Imports into Guatemala

In 2022, imports of aluminium and titanium into Guatemala reduced to X tons, which is down by X% on 2021. Over the period under review, imports, however, recorded strong growth. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Over the period under review, imports reached the peak figure at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, aluminium and titanium imports skyrocketed to $X in 2022. Overall, imports, however, continue to indicate a strong increase. The pace of growth appeared the most rapid in 2014 with an increase of X%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.

Imports by Country

In 2022, Mexico (X tons) was the main supplier of aluminium and titanium to Guatemala, with a X% share of total imports. It was followed by Italy (X tons), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Mexico stood at X%.

In value terms, Mexico ($X) constituted the largest supplier of aluminium and titanium to Guatemala, comprising X% of total imports. The second position in the ranking was held by Italy ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Mexico amounted to X%.

Import Prices by Country

The average aluminium and titanium import price stood at $X per ton in 2022, rising by X% against the previous year. Over the period under review, import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, aluminium and titanium import price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by X%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Mexico amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for aluminium and titanium in the world?

The country with the largest volume of aluminium and titanium consumption was China, accounting for 52% of total volume. Moreover, aluminium and titanium consumption in China exceeded the figures recorded by the second-largest consumer, Mozambique, sevenfold. The third position in this ranking was taken by the United States, with a 6.3% share.

What are the largest producers of aluminium and titanium in the world?

China constituted the country with the largest volume of aluminium and titanium production, accounting for 44% of total volume. Moreover, aluminium and titanium production in China exceeded the figures recorded by the second-largest producer, Mozambique, twofold. Russia ranked third in terms of total production with a 4.3% share.

What are the leading suppliers of aluminium and titanium to Guatemala?

In value terms, Mexico constituted the largest supplier of aluminium and titanium to Guatemala, comprising 92% of total imports. The second position in the ranking was taken by Italy, with a 4.6% share of total imports.

What is the average export price for aluminium and titanium in Guatemala?

The average aluminium and titanium export price stood at $1,841 per ton in 2022, flattening at the previous year.

What is the average import price for aluminium and titanium in Guatemala?

The average aluminium and titanium import price stood at $3,303 per ton in 2022, increasing by 36% against the previous year.

This report provides an in-depth analysis of the aluminium and titanium market in Guatemala. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Country coverage:

Guatemala

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Guatemala
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023