Slaked Lime Price in Guatemala - 2023

Slaked Lime Price in Guatemala (FOB) - 2022

In 2022, the average slaked lime export price amounted to $162 per ton, rising by 3.3% against the previous year. Over the period under review, export price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, slaked lime export price increased by +50.3% against 2018 indices. The most prominent rate of growth was recorded in 2020 when the average export price increased by 27%. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to continue growth in years to come.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Costa Rica ($190 per ton) and Nicaragua ($188 per ton), while the average price for exports to El Salvador ($139 per ton) and Belize ($139 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nicaragua (+12.5%), while the prices for the other major destinations experienced more modest paces of growth.

Slaked Lime Price in Guatemala (CIF) - 2022

In 2022, the average slaked lime import price amounted to $418 per ton, increasing by 6.4% against the previous year. Over the period under review, the import price, however, continues to indicate a dramatic contraction. The import price peaked at $8,571 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

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

From 2015 to 2022, the rate of growth in terms of prices for Mexico amounted to -14.6% per year.

Slaked Lime Exports in Guatemala

In 2022, approx. 41K tons of slaked lime were exported from Guatemala; surging by 4.1% compared with the previous year's figure. The total export volume increased at an average annual rate of +10.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 19% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, slaked lime exports expanded markedly to $6.6M in 2022. In general, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +20.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +76.7% against 2019 indices. The pace of growth was the most pronounced in 2020 when exports increased by 36% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in the near future.

Export of Slaked Lime in Guatemala (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
El Salvador	1,781	2,130	2,466	2,839	16.8%
Nicaragua	925	1,542	1,923	1,816	25.2%
Costa Rica	851	1,041	1,329	1,276	14.5%
Ecuador	24.4	46.3	88.7	311	133.6%
Belize	88.8	208	234	217	34.7%
Trinidad and Tobago	54.1	50.6	47.7	N/A	-6.1%
Others	34.3	77.8	93.0	183	74.7%
Total	3,759	5,096	6,182	6,643	20.9%

Top Export Markets for Slaked Lime from Guatemala in 2022:

El Salvador (20.5K tons)
Nicaragua (9.6K tons)
Costa Rica (6.7K tons)
Ecuador (2.0K tons)
Belize (1.6K tons)

Slaked Lime Imports in Guatemala

In 2022, approx. 82 tons of slaked lime were imported into Guatemala; declining by -55.4% against the year before. In general, imports recorded a sharp decline.

In value terms, slaked lime imports declined notably to $34K in 2022. Over the period under review, imports continue to indicate a dramatic slump.