Guatemala: Market for Camphor; Aromatic Ketones Without Other Oxygen Function; Ketone-Alcohols; Ketone-Aldehydes; Ketone-Phenols And Ketones With Other Oxygen Function 2024

Market Size for Camphor; Aromatic Ketones Without Other Oxygen Function; Ketone-Alcohols; Ketone-Aldehydes; Ketone-Phenols And Ketones With Other Oxygen Function in Guatemala

The Guatemalan market for camphor; aromatic ketones without other oxygen function; ketone-alcohols; ketone-aldehydes; ketone-phenols and ketones with other oxygen function expanded modestly to $X in 2023, rising by X% against the previous year. In general, consumption recorded strong growth. Consumption of peaked at $X in 2021; however, from 2022 to 2023, consumption remained at a lower figure.

Production of Camphor; Aromatic Ketones Without Other Oxygen Function; Ketone-Alcohols; Ketone-Aldehydes; Ketone-Phenols And Ketones With Other Oxygen Function in Guatemala

In value terms, production of camphor; aromatic ketones without other oxygen function; ketone-alcohols; ketone-aldehydes; ketone-phenols and ketones with other oxygen function rose markedly to $X in 2023 estimated in export price. Over the period under review, production recorded a prominent expansion. The growth pace was the most rapid in 2015 when the production volume increased by X% against the previous year. Over the period under review, production of reached the maximum level at $X in 2021; however, from 2022 to 2023, production remained at a lower figure.

Exports of Camphor; Aromatic Ketones Without Other Oxygen Function; Ketone-Alcohols; Ketone-Aldehydes; Ketone-Phenols And Ketones With Other Oxygen Function

Exports from Guatemala

For the fourth consecutive year, Guatemala recorded growth in shipments abroad of camphor; aromatic ketones without other oxygen function; ketone-alcohols; ketone-aldehydes; ketone-phenols and ketones with other oxygen function, which increased by X% to X tons in 2023. In general, exports, however, recorded a perceptible contraction. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2023, the growth of the exports of remained at a lower figure.

In value terms, exports of camphor; aromatic ketones without other oxygen function; ketone-alcohols; ketone-aldehydes; ketone-phenols and ketones with other oxygen function soared to $X in 2023. Overall, exports recorded a prominent expansion. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2023, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

El Salvador (X tons) was the main destination for exports of camphor; aromatic ketones without other oxygen function; ketone-alcohols; ketone-aldehydes; ketone-phenols and ketones with other oxygen function from Guatemala, with a X% share of total exports. Moreover, exports of camphor; aromatic ketones without other oxygen function; ketone-alcohols; ketone-aldehydes; ketone-phenols and ketones with other oxygen function to El Salvador exceeded the volume sent to the second major destination, Costa Rica (X tons), threefold. Panama (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume to El Salvador amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Costa Rica (X% per year) and Panama (X% per year).

In value terms, El Salvador ($X), Costa Rica ($X) and Honduras ($X) were the largest markets for camphor; aromatic ketones without other oxygen function; ketone-alcohols; ketone-aldehydes; ketone-phenols and ketones with other oxygen function exported from Guatemala worldwide, with a combined X% share of total exports. The Dominican Republic and Panama lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, the Dominican Republic, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the average export price for camphor; aromatic ketones without other oxygen function; ketone-alcohols; ketone-aldehydes; ketone-phenols and ketones with other oxygen function amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the export price recorded a buoyant increase. The pace of growth was the most pronounced in 2015 when the average export price increased by X%. The export price peaked at $X per ton in 2021; however, from 2022 to 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2023, amid the top suppliers, the country with the highest price was the Dominican Republic ($X per ton), while the average price for exports to Panama ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Costa Rica (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Camphor; Aromatic Ketones Without Other Oxygen Function; Ketone-Alcohols; Ketone-Aldehydes; Ketone-Phenols And Ketones With Other Oxygen Function

Imports into Guatemala

Imports of camphor; aromatic ketones without other oxygen function; ketone-alcohols; ketone-aldehydes; ketone-phenols and ketones with other oxygen function into Guatemala reduced notably to X tons in 2023, which is down by X% against 2022 figures. In general, imports, however, saw a buoyant expansion. The growth pace was the most rapid in 2022 when imports increased by X%. As a result, imports reached the peak of X tons, and then reduced sharply in the following year.

In value terms, imports of camphor; aromatic ketones without other oxygen function; ketone-alcohols; ketone-aldehydes; ketone-phenols and ketones with other oxygen function fell remarkably to $X in 2023. Overall, imports, however, continue to indicate prominent growth. The growth pace was the most rapid in 2022 when imports increased by X%. As a result, imports attained the peak of $X, and then shrank remarkably in the following year.

Imports by Country

In 2023, China (X tons) constituted the largest supplier of camphor; aromatic ketones without other oxygen function; ketone-alcohols; ketone-aldehydes; ketone-phenols and ketones with other oxygen function to Guatemala, with a X% share of total imports. Moreover, imports of camphor; aromatic ketones without other oxygen function; ketone-alcohols; ketone-aldehydes; ketone-phenols and ketones with other oxygen function from China exceeded the figures recorded by the second-largest supplier, Brazil (X tons), sevenfold. The third position in this ranking was taken by India (X tons), with a X% share.

From 2012 to 2023, the average annual growth rate of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (X% per year) and India (X% per year).

In value terms, China ($X) constituted the largest supplier of camphor; aromatic ketones without other oxygen function; ketone-alcohols; ketone-aldehydes; ketone-phenols and ketones with other oxygen function to Guatemala, comprising X% of total imports. The second position in the ranking was taken by India ($X), with a X% share of total imports. It was followed by Brazil, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and Brazil (X% per year).

Import Prices by Country

In 2023, the average import price for camphor; aromatic ketones without other oxygen function; ketone-alcohols; ketone-aldehydes; ketone-phenols and ketones with other oxygen function amounted to $X per ton, which is down by X% against the previous year. In general, the import price, however, showed a perceptible increase. The pace of growth was the most pronounced in 2013 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2023, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per ton), while the price for Brazil ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Costa Rica (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform