Guatemala: Hydrogen Chloride Market 2024

Hydrogen Chloride Market Size in Guatemala

The Guatemalan hydrogen chloride market expanded to $X in 2022, picking up by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the maximum level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Hydrogen Chloride Production in Guatemala

In value terms, hydrogen chloride production rose slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Hydrogen Chloride Exports

Exports from Guatemala

After two years of growth, overseas shipments of hydrogen chloride (hydrochloric acid) decreased by X% to X tons in 2022. Over the period under review, exports faced a deep reduction. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, hydrogen chloride exports contracted remarkably to $X in 2022. Overall, exports continue to indicate a abrupt decrease. The growth pace was the most rapid in 2016 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

El Salvador (X tons) was the main destination for hydrogen chloride exports from Guatemala, accounting for a X% share of total exports. Moreover, hydrogen chloride exports to El Salvador exceeded the volume sent to the second major destination, Nicaragua (X tons), sevenfold. The third position in this ranking was held by Panama (X kg), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to El Salvador amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Nicaragua (X% per year) and Panama (X% per year).

In value terms, El Salvador ($X) emerged as the key foreign market for hydrogen chloride (hydrochloric acid) exports from Guatemala, comprising X% of total exports. The second position in the ranking was taken by Panama ($X), with a X% share of total exports. It was followed by Nicaragua, with a X% share.

From 2012 to 2022, the average annual growth rate of value to El Salvador stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Panama (X% per year) and Nicaragua (X% per year).

Export Prices by Country

In 2022, the average hydrogen chloride export price amounted to $X per ton, surging by X% against the previous year. Overall, the export price posted resilient growth. The growth pace was the most rapid in 2018 an increase of X% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the immediate term.

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 Panama ($X per ton), while the average price for exports to Nicaragua ($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 Panama (X%), while the prices for the other major destinations experienced more modest paces of growth.

Hydrogen Chloride Imports

Imports into Guatemala

In 2022, overseas purchases of hydrogen chloride (hydrochloric acid) decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, imports continue to indicate a mild decrease. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of imports failed to regain momentum.

In value terms, hydrogen chloride imports skyrocketed to $X in 2022. In general, imports, however, recorded a slight increase. The growth pace was the most rapid in 2021 when imports increased by X%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Imports by Country

Colombia (X tons), Peru (X tons) and the Netherlands (X tons) were the main suppliers of hydrogen chloride imports to Guatemala, together comprising X% of total imports. Mexico and Austria lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Austria (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Colombia ($X), Peru ($X) and the Netherlands ($X) were the largest hydrogen chloride suppliers to Guatemala, with a combined X% share of total imports. Austria and Mexico lagged somewhat behind, together accounting for a further X%.

Austria, with a CAGR of X.1%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average hydrogen chloride import price stood at $X per ton in 2022, jumping by X% against the previous year. Over the period under review, the import price showed measured growth. The pace of growth was the most pronounced in 2021 when the average import price increased by X%. Over the period under review, average import prices attained the maximum in 2022 and is likely to continue growth in the immediate term.

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

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

Source: IndexBox Platform

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