Sulphides; of Sodium Price in Guatemala - 2023

Contents:

  1. Sulphides; of Sodium Price in Guatemala (CIF) - 2022
  2. Sulphides; of Sodium Price in Guatemala (FOB) - 2022
  3. Sulphides; of Sodium Imports in Guatemala
  4. Sulphides; of Sodium Exports in Guatemala

Sulphides; of Sodium Price in Guatemala (CIF) - 2022

In 2022, the average sulphides; of sodium import price amounted to $1,144 per ton, jumping by 42% against the previous year. Over the period under review, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +6.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sulphides; of sodium import price increased by +43.9% against 2018 indices. The pace of growth was the most pronounced in 2018 an increase of 43% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Mexico ($1,254 per ton), while the price for China stood at $1,120 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.9%).

Sulphides; of Sodium Price in Guatemala (FOB) - 2022

In 2022, the average sulphides; of sodium export price amounted to $1,992 per ton, with an increase of 72% against the previous year. In general, export price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +6.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Honduras ($2,414 per ton) and Costa Rica ($2,214 per ton), while the average price for exports to El Salvador ($1,660 per ton) and Nicaragua ($1,848 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 El Salvador (+11.3%), while the prices for the other major destinations experienced more modest paces of growth.

Sulphides; of Sodium Imports in Guatemala

For the fourth consecutive year, Guatemala recorded growth in supplies from abroad of sulphides; of sodia, which increased by 11% to 372 tons in 2022. Overall, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 45%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, sulphides; of sodium imports surged to $425K in 2022. In general, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Sulphides; of Sodium in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China90.957.425235457.3%
Mexico33.712217.270.127.7%
Others1.60.90.11.5-2.1%
Total12618026942550.0%

Top Suppliers of Sulphides; of Sodium to Guatemala in 2022:

  1. China (316.0 tons)
  2. Mexico (55.9 tons)

Sulphides; of Sodium Exports in Guatemala

In 2022, the amount of sulphides; of sodia exported from Guatemala surged to 36 tons, with an increase of 99% against the year before. Overall, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 230%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, sulphides; of sodium exports soared to $72K in 2022. In general, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Sulphides; of Sodium in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Nicaragua2.0N/A14.530.0146.6%
Costa RicaN/A2.0N/A22.9238.4%
Honduras10.24.55.89.6-2.0%
El SalvadorN/AN/AN/A8.90%
Others0.40.20.80.57.7%
Total12.66.821.171.978.7%

Top Export Markets for Sulphides; of Sodium from Guatemala in 2022:

  1. Nicaragua (16.2 tons)
  2. Costa Rica (10.4 tons)
  3. El Salvador (5.4 tons)
  4. Honduras (4.0 tons)

Source: IndexBox Market Intelligence Platform

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