Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Guatemala - 2023

Contents:

  1. Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Guatemala (CIF) - 2022
  2. Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Guatemala (FOB) - 2022
  3. Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Guatemala
  4. Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Guatemala

Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Guatemala (CIF) - 2022

The average import price for acids; saturated acyclic monocarboxylic acids; vinyl acetates stood at $2,010 per ton in 2022, growing by 7.4% against the previous year. Overall, the import price showed a strong increase. The growth pace was the most rapid in 2021 an increase of 86%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.

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 Russia ($2,966 per ton), while the price for Spain ($1,392 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+152.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Guatemala (FOB) - 2022

In 2022, the average export price for acids; saturated acyclic monocarboxylic acids; vinyl acetates amounted to $3,250 per ton, surging by 97% against the previous year. Over the period under review, the export price posted resilient growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for Costa Rica amounted to +4.6% per year.

Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Guatemala

In 2022, imports of acids; saturated acyclic monocarboxylic acids; vinyl acetates into Guatemala reduced dramatically to 3K tons, falling by -27.2% against 2021. Overall, imports saw a abrupt decrease. The growth pace was the most rapid in 2021 with an increase of 15%. As a result, imports attained the peak of 4.2K tons, and then fell significantly in the following year.

In value terms, imports of acids; saturated acyclic monocarboxylic acids; vinyl acetates shrank markedly to $6.1M in 2022. In general, imports, however, continue to indicate a buoyant expansion. The growth pace was the most rapid in 2021 when imports increased by 115% against the previous year. As a result, imports attained the peak of $7.8M, and then fell significantly in the following year.

Import of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Guatemala (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States3.52.95.34.58.7%
ChinaN/AN/AN/A0.70%
RussiaN/AN/AN/A0.40%
Spain0.20.10.20.426.0%
South KoreaN/A0.51.9N/A280.0%
Others0.20.20.40.1-20.6%
Total3.83.67.86.117.1%

Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate to Guatemala in 2022:

  1. United States (2307.6 tons)
  2. Spain (302.0 tons)
  3. China (263.4 tons)
  4. Russia (131.2 tons)

Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Guatemala

For the third year in a row, Guatemala recorded decline in overseas shipments of acids; saturated acyclic monocarboxylic acids; vinyl acetates, which decreased by -98.6% to 20 kg in 2022. Over the period under review, exports saw a sharp contraction. The smallest decline of -88.1% was in 2021.

In value terms, exports of acids; saturated acyclic monocarboxylic acids; vinyl acetates shrank notably to $65 in 2022. Overall, exports saw a sharp decrease. The smallest decline of -83.3% was in 2020.

Export of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
HondurasN/AN/AN/A0.10%
Costa Rica84.014.02.3N/A-83.5%
Others0.1N/AN/AN/A0%
Total84.014.02.30.1-89.4%

Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate from Guatemala in 2022:

  1. Honduras (20.0 kg)

Source: IndexBox Market Intelligence Platform

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