Guatemala: Graphite Non-Electrical Articles Market 2023

Graphite Non-Electrical Articles Market Size in Guatemala

In 2022, the Guatemalan graphite non-electrical articles market decreased by -96.8% to $X for the first time since 2019, thus ending a two-year rising trend. In general, consumption recorded a abrupt decrease. Over the period under review, the market attained the peak level at $X in 2021, and then contracted markedly in the following year.

Graphite Non-Electrical Articles Exports

Exports from Guatemala

In 2022, graphite non-electrical articles exports from Guatemala reduced sharply to X kg, with a decrease of -40.4% against the previous year's figure. Over the period under review, exports saw a perceptible shrinkage. The growth pace was the most rapid in 2019 when exports increased by 1,667%. Over the period under review, the exports hit record highs at X tons in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, graphite non-electrical articles exports fell sharply to $X in 2022. Overall, exports showed a pronounced shrinkage. The growth pace was the most rapid in 2021 with an increase of 1,301% against the previous year. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

El Salvador (X kg) was the main destination for graphite non-electrical articles exports from Guatemala, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to El Salvador amounted to -2.4%.

In value terms, El Salvador ($X) also remains the key foreign market for non-electrical articles of graphite or other carbon exports from Guatemala.

From 2012 to 2022, the average annual growth rate of value to El Salvador totaled -4.1%.

Export Prices by Country

In 2022, the average graphite non-electrical articles export price amounted to $X per ton, falling by -10.1% against the previous year. Overall, the export price saw a slight slump. The pace of growth was the most pronounced in 2017 an increase of 610% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for El Salvador.

From 2012 to 2022, the rate of growth in terms of prices for Mexico amounted to +13.0% per year.

Graphite Non-Electrical Articles Imports

Imports into Guatemala

In 2022, imports of non-electrical articles of graphite or other carbon into Guatemala contracted notably to X kg, waning by -96.5% compared with 2021 figures. Overall, imports continue to indicate a deep contraction. The pace of growth was the most pronounced in 2013 with an increase of 202%. Imports peaked at X tons in 2021, and then dropped dramatically in the following year.

In value terms, graphite non-electrical articles imports declined notably to $X in 2022. Over the period under review, imports continue to indicate a abrupt downturn. The pace of growth was the most pronounced in 2013 with an increase of 55%. Imports peaked at $X in 2021, and then declined remarkably in the following year.

Imports by Country

The United States (X kg), Taiwan (Chinese) (X kg) and Mexico (X kg) were the main suppliers of graphite non-electrical articles imports to Guatemala, with a combined 74% share of total imports. Colombia, Germany, Italy and Malaysia lagged somewhat behind, together accounting for a further 23%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of +24.6%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Mexico ($X), the United States ($X) and Colombia ($X) were the largest graphite non-electrical articles suppliers to Guatemala, with a combined 84% share of total imports. Taiwan (Chinese), Italy, Germany and Malaysia lagged somewhat behind, together comprising a further 11%.

Italy, with a CAGR of +9.9%, recorded 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 a decline.

Import Prices by Country

In 2022, the average graphite non-electrical articles import price amounted to $X per ton, rising by 102% against the previous year. Overall, the import price, however, continues to indicate a noticeable decline. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Mexico ($X per ton), while the price for Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+19.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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