Guatemala: Anti-Oxidising Preparations Market 2024

Anti-Oxidising Preparations Market Size in Guatemala

The Guatemalan anti-oxidising preparations market stood at less than $X in 2022, stabilizing at the previous year. In general, consumption, however, saw a tangible increase. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Anti-Oxidising Preparations Production in Guatemala

In value terms, anti-oxidising preparations production amounted to less than $X in 2022 estimated in export price. Over the period under review, production recorded a abrupt curtailment. The pace of growth was the most pronounced in 2016 when the production volume decreased by X%. Anti-oxidising preparations production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Anti-Oxidising Preparations Exports

Exports from Guatemala

In 2016, after three years of decline, there was significant growth in overseas shipments of anti-oxidising preparations and other compounds stabilisers for rubber or plastics, when their volume increased by X% to X tons. Over the period under review, exports, however, recorded a abrupt decrease. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2016, the exports stood at a somewhat lower figure.

In value terms, anti-oxidising preparations exports reduced modestly to $X in 2016. In general, exports, however, continue to indicate a abrupt downturn. The exports peaked at $X in 2012; however, from 2013 to 2016, the exports remained at a lower figure.

Exports by Country

Mexico (X tons), Honduras (X tons) and El Salvador (X tons) were the main destinations of anti-oxidising preparations exports from Guatemala, with a combined X% share of total exports. Costa Rica, Nicaragua, Panama and the United States lagged somewhat behind, together comprising a further X%.

From 2012 to 2016, the biggest increases were recorded for the United States (with a CAGR of X.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Honduras ($X), Mexico ($X) and El Salvador ($X) were the largest markets for anti-oxidising preparations exported from Guatemala worldwide, together comprising X% of total exports. Costa Rica, Nicaragua, the United States and Panama lagged somewhat behind, together accounting for a further X%.

The United States, with a CAGR of X.0%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2016, the average anti-oxidising preparations export price amounted to $X per ton, with a decrease of X% against the previous year. In general, export price indicated a resilient increase from 2012 to 2016: its price increased at an average annual rate of X% over the last four years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 an increase of X% against the previous year. The export price peaked at $X per ton in 2015, and then fell markedly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Costa Rica ($X per ton), while the average price for exports to Panama ($X per ton) was amongst the lowest.

From 2012 to 2016, the most notable rate of growth in terms of prices was recorded for supplies to the United States (X%), while the prices for the other major destinations experienced more modest paces of growth.

Anti-Oxidising Preparations Imports

Imports into Guatemala

In 2016, supplies from abroad of anti-oxidising preparations and other compounds stabilisers for rubber or plastics increased by X% to X tons, rising for the second year in a row after two years of decline. The total import volume increased at an average annual rate of X% over the period from 2012 to 2016; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2015 when imports increased by X%. Imports peaked in 2016 and are expected to retain growth in the near future.

In value terms, anti-oxidising preparations imports amounted to $X in 2016. The total import value increased at an average annual rate of X% over the period from 2012 to 2016; however, the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2015 when imports increased by X%. Imports peaked in 2016 and are expected to retain growth in years to come.

Imports by Country

In 2016, the United States (X tons) constituted the largest anti-oxidising preparations supplier to Guatemala, with a X% share of total imports. Moreover, anti-oxidising preparations imports from the United States exceeded the figures recorded by the second-largest supplier, Mexico (X tons), threefold. The third position in this ranking was taken by Colombia (X tons), with a X% share.

From 2012 to 2016, the average annual rate of growth in terms of volume from the United States totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (X% per year) and Colombia (X% per year).

In value terms, the United States ($X) constituted the largest supplier of anti-oxidising preparations and other compounds stabilisers for rubber or plastics to Guatemala, comprising X% of total imports. The second position in the ranking was held by Mexico ($X), with a X% share of total imports. It was followed by Colombia, with a X% share.

From 2012 to 2016, the average annual growth rate of value from the United States stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (X% per year) and Colombia (X% per year).

Import Prices by Country

The average anti-oxidising preparations import price stood at $X per ton in 2016, falling by X% against the previous year. Over the period under review, the import price showed a slight slump. The most prominent rate of growth was recorded in 2014 when the average import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2015 to 2016, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2016, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for South Korea ($X per ton) was amongst the lowest.

From 2012 to 2016, the most notable rate of growth in terms of prices was attained by Colombia (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform