Price for Sodium Sulphates; Disodium Sulphate in Guatemala - 2023

Contents:

  1. Price for Sodium Sulphates; Disodium Sulphate in Guatemala (CIF) - 2022
  2. Price for Sodium Sulphates; Disodium Sulphate in Guatemala (FOB) - 2022
  3. Imports of Sodium Sulphates; Disodium Sulphate in Guatemala
  4. Exports of Sodium Sulphates; Disodium Sulphate in Guatemala

Price for Sodium Sulphates; Disodium Sulphate in Guatemala (CIF) - 2022

The average sodium sulphates; disodium sulphate import price stood at $210 per ton in 2022, jumping by 18% against the previous year. Overall, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sodium sulphates; disodium sulphate import price increased by +68.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 42% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual 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 Spain ($454 per ton), while the price for the United States ($127 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+24.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Sodium Sulphates; Disodium Sulphate in Guatemala (FOB) - 2022

The average sodium sulphates; disodium sulphate export price stood at $320 per ton in 2022, surging by 35% against the previous year. In general, the export price continues to indicate prominent growth. The growth pace was the most rapid in 2019 an increase of 147% against the previous year. As a result, the export price attained the peak level of $409 per ton. From 2020 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Honduras ($1,667 per ton), while the average price for exports to El Salvador ($317 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 (+22.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Sodium Sulphates; Disodium Sulphate in Guatemala

In 2022, purchases abroad of sodium sulphates; disodium sulphates decreased by -1.4% to 127K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +14.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.4% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 29%. As a result, imports attained the peak of 128K tons, and then reduced in the following year.

In value terms, sodium sulphates; disodium sulphate imports skyrocketed to $27M in 2022. Overall, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 84% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the immediate term.

Import of Sodium Sulphates; Disodium Sulphate in Guatemala (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China7.77.815.124.747.5%
Spain0.70.41.11.734.4%
Hong Kong SARN/A0.41.8N/A350.0%
United States3.23.32.8N/A-6.5%
Others0.20.42.00.20.0%
Total11.912.422.826.630.8%

Top Suppliers of Sodium Sulphates; Disodium Sulphate to Guatemala in 2022:

  1. United States (undefinedK tons)
  2. China (122.1K tons)
  3. Spain (3.8K tons)

Exports of Sodium Sulphates; Disodium Sulphate in Guatemala

In 2022, shipments abroad of sodium sulphates; disodium sulphates decreased by -59.6% to 582 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 308%.

In value terms, sodium sulphates; disodium sulphate exports shrank rapidly to $186K in 2022. In general, exports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 182% against the previous year. As a result, the exports attained the peak of $341K, and then fell dramatically in the following year.

Export of Sodium Sulphates; Disodium Sulphate in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
El Salvador0.395.7246165719.3%
Nicaragua3.813.724.719.973.7%
Panama62.10.2N/A1.8-69.3%
Costa Rica0.6N/A66.0N/A948.8%
OthersN/A11.35.0N/A-55.8%
Total66.812134118640.7%

Top Export Markets for Sodium Sulphates; Disodium Sulphate from Guatemala in 2022:

  1. El Salvador (519.5 tons)
  2. Nicaragua (59.8 tons)
  3. Panama (2.9 tons)

Source: IndexBox Market Intelligence Platform

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