Guatemala: Dicalcium Phosphate Market 2024

Dicalcium Phosphate Market Size in Guatemala

The Guatemalan dicalcium phosphate market surged to $X in 2022, increasing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption recorded slight growth. Dicalcium phosphate consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Dicalcium Phosphate Exports

Exports from Guatemala

In 2022, overseas shipments of calcium hydrogenorthophosphate (dicalcium phosphate) increased by X% to X tons, rising for the second year in a row after two years of decline. In general, exports continue to indicate a prominent increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, dicalcium phosphate exports skyrocketed to $X in 2022. Over the period under review, exports posted a buoyant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Costa Rica (X tons), El Salvador (X tons) and Honduras (X tons) were the main destinations of dicalcium phosphate exports from Guatemala, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Honduras (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Costa Rica ($X) emerged as the key foreign market for calcium hydrogenorthophosphate (dicalcium phosphate) exports from Guatemala, comprising X% of total exports. The second position in the ranking was held by El Salvador ($X), with a X% share of total exports. It was followed by Honduras, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Costa Rica totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: El Salvador (X% per year) and Honduras (X% per year).

Export Prices by Country

In 2022, the average dicalcium phosphate export price amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the export price, however, saw a pronounced reduction. The export price peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Dominican Republic ($X per ton), while the average price for exports to Honduras ($X 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 the Dominican Republic (X%), while the prices for the other major destinations experienced a decline.

Dicalcium Phosphate Imports

Imports into Guatemala

In 2022, the amount of calcium hydrogenorthophosphate (dicalcium phosphate) imported into Guatemala soared to X tons, increasing by X% on 2021 figures. Overall, imports enjoyed a slight increase. The growth pace was the most rapid in 2014 with an increase of X%. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, dicalcium phosphate imports soared to $X in 2022. In general, imports continue to indicate a pronounced expansion. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2016; however, from 2017 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Mexico (X tons) constituted the largest dicalcium phosphate supplier to Guatemala, with a X% share of total imports. Moreover, dicalcium phosphate imports from Mexico exceeded the figures recorded by the second-largest supplier, Spain (X tons), twofold. The third position in this ranking was held by China (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Mexico totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (X% per year) and China (X% per year).

In value terms, Mexico ($X) constituted the largest supplier of calcium hydrogenorthophosphate (dicalcium phosphate) to Guatemala, comprising X% of total imports. The second position in the ranking was held by Spain ($X), with a X% share of total imports. It was followed by China, with an X% share.

From 2012 to 2022, the average annual growth rate of value from Mexico was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (X% per year) and China (X% per year).

Import Prices by Country

The average dicalcium phosphate import price stood at $X per ton in 2022, growing by X% against the previous year. In general, import price indicated a mild expansion 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, dicalcium phosphate import price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 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 the United States ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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