Guatemala: Market for Butanal (Butyraldehyde, Normal Isomer) And Acyclic Aldehydes, Without Other Oxygen Function 2024

Market Size for Butanal (Butyraldehyde, Normal Isomer) And Acyclic Aldehydes, Without Other Oxygen Function in Guatemala

The Guatemalan market for butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function soared to $X in 2022, rising by 164% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption posted a strong increase. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Exports of Butanal (Butyraldehyde, Normal Isomer) And Acyclic Aldehydes, Without Other Oxygen Function

Exports from Guatemala

In 2022, approx. X tons of butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function were exported from Guatemala; picking up by 8% on 2021 figures. Over the period under review, exports saw a remarkable increase. The growth pace was the most rapid in 2020 with an increase of 355% against the previous year. As a result, the exports attained the peak of X tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, butanal butanal and acyclic aldehydes exports totaled $X in 2022. Overall, exports enjoyed a buoyant increase. The pace of growth was the most pronounced in 2020 when exports increased by 273%. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

The Dominican Republic (X tons), Honduras (X tons) and Costa Rica (X kg) were the main destinations of butanal butanal and acyclic aldehydes exports from Guatemala, together comprising 100% of total exports.

From 2012 to 2022, the biggest increases were recorded for Honduras (with a CAGR of +24.1%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for butanal butanal and acyclic aldehydes exported from Guatemala were the Dominican Republic ($X), Honduras ($X) and Costa Rica ($X), with a combined 99% share of total exports.

In terms of the main countries of destination, Honduras, with a CAGR of +34.6%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average export price for butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function stood at $X per ton in 2022, rising by 6.1% against the previous year. Overall, export price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, butanal butanal and acyclic aldehydes export price decreased by -20.6% against 2019 indices. The pace of growth appeared the most rapid in 2019 when the average export price increased by 58%. As a result, the export price attained the peak level of $X per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Nicaragua ($X per ton) and Costa Rica ($X per ton), while the average price for exports to the Dominican Republic ($X per ton) and Honduras ($X 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 Honduras (+8.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Butanal (Butyraldehyde, Normal Isomer) And Acyclic Aldehydes, Without Other Oxygen Function

Imports into Guatemala

Butanal butanal and acyclic aldehydes imports into Guatemala soared to X tons in 2022, picking up by 133% compared with the previous year. Over the period under review, imports saw resilient growth. The pace of growth appeared the most rapid in 2014 when imports increased by 293% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, butanal butanal and acyclic aldehydes imports skyrocketed to $X in 2022. Overall, imports enjoyed a measured increase. The most prominent rate of growth was recorded in 2014 with an increase of 264% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Germany (X tons), China (X tons) and Mexico (X tons) were the main suppliers of butanal butanal and acyclic aldehydes imports to Guatemala, together accounting for 90% of total imports. India, the United States, France and Belgium lagged somewhat behind, together accounting for a further 7.6%.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of +144.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), China ($X) and Mexico ($X) constituted the largest butanal butanal and acyclic aldehydes suppliers to Guatemala, with a combined 85% share of total imports. India, the United States, France and Belgium lagged somewhat behind, together comprising a further 11%.

In terms of the main suppliers, India, with a CAGR of +159.5%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function stood at $X per ton in 2022, reducing by -12.3% against the previous year. In general, the import price continues to indicate a noticeable decrease. The pace of growth appeared the most rapid in 2021 when the average import price increased by 39%. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 India ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+6.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform