Price for Ammonia; Anhydrous or in Aqueous Solution in Guatemala - 2023

Contents:

  1. Price for Ammonia; Anhydrous or in Aqueous Solution in Guatemala (CIF) - 2023
  2. Price for Ammonia; Anhydrous or in Aqueous Solution in Guatemala (FOB) - 2022
  3. Imports of Ammonia; Anhydrous or in Aqueous Solution in Guatemala
  4. Exports of Ammonia; Anhydrous or in Aqueous Solution in Guatemala

Price for Ammonia; Anhydrous or in Aqueous Solution in Guatemala (CIF) - 2023

In June 2023, the average import price for ammonia; anhydrous or in aqueous solutia amounted to $808 per ton, standing approximately at the previous month. Overall, the import price, however, recorded a abrupt downturn. The import price peaked at $1,530 per ton in December 2022; however, from January 2023 to June 2023, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Mexico.

From December 2022 to June 2023, the rate of growth in terms of prices for Mexico amounted to -10.1% per month.

Price for Ammonia; Anhydrous or in Aqueous Solution in Guatemala (FOB) - 2022

In 2022, the average export price for ammonia; anhydrous or in aqueous solutia amounted to $1,818 per ton, growing by 49% against the previous year. In general, the export price enjoyed a buoyant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Honduras ($17,667 per ton), while the average price for exports to El Salvador ($827 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 Honduras (+31.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Ammonia; Anhydrous or in Aqueous Solution in Guatemala

In 2022, the amount of ammonia; anhydrous or in aqueous solutia imported into Guatemala soared to 6.1K tons, rising by 48% compared with 2021 figures. Overall, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of ammonia; anhydrous or in aqueous solutia skyrocketed to $9.1M in 2022. Over the period under review, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Ammonia; Anhydrous or in Aqueous Solution in Guatemala (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico1.71.93.29.174.9%
OthersN/AN/AN/AN/A0%
Total1.71.93.29.174.9%

Top Suppliers of Ammonia; Anhydrous or in Aqueous Solution to Guatemala in 2022:

  1. Mexico (6.1K tons)

Exports of Ammonia; Anhydrous or in Aqueous Solution in Guatemala

In 2022, overseas shipments of ammonia; anhydrous or in aqueous solutia decreased by -20.4% to 712 tons, falling for the second year in a row after two years of growth. In general, exports showed a noticeable decrease. The growth pace was the most rapid in 2020 with an increase of 14% against the previous year. As a result, the exports attained the peak of 900 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of ammonia; anhydrous or in aqueous solutia skyrocketed to $1.3M in 2022. The total export value increased at an average annual rate of +13.6% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Ammonia; Anhydrous or in Aqueous Solution in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Costa Rica6976718259049.1%
Dominican Republic13.710.919.2136114.9%
Nicaragua65.811316612523.8%
Panama53.828.428.176.912.6%
El Salvador14.934.523.831.828.7%
Ecuador21.663.521.0N/A-1.4%
Others17.527.88.722.38.4%
Total8849491,0911,29513.6%

Top Export Markets for Ammonia; Anhydrous or in Aqueous Solution from Guatemala in 2022:

  1. Costa Rica (474.6 tons)
  2. Dominican Republic (89.3 tons)
  3. Nicaragua (68.0 tons)
  4. El Salvador (38.5 tons)
  5. Panama (34.0 tons)

Source: IndexBox Market Intelligence Platform

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