Guatemala: Market for Chromium, Manganese, Lead and Copper Oxides and Hydroxides 2024

Market Size for Chromium, Manganese, Lead and Copper Oxides and Hydroxides in Guatemala

The Guatemalan market for chromium, manganese, lead and copper oxides and hydroxides was estimated at $X in 2022, rising by X% 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). Over the period under review, consumption, however, showed a deep contraction. Consumption of peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Exports of Chromium, Manganese, Lead and Copper Oxides and Hydroxides

Exports from Guatemala

In 2022, approx. X tons of chromium, manganese, lead and copper oxides and hydroxides were exported from Guatemala; shrinking by X% against the previous year's figure. In general, exports recorded a noticeable curtailment. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the exports of attained the maximum at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of chromium, manganese, lead and copper oxides and hydroxides declined markedly to $X in 2022. Overall, exports saw a noticeable curtailment. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, the exports of reached the maximum at $X in 2021, and then fell remarkably in the following year.

Exports by Country

Costa Rica (X tons), El Salvador (X tons) and the Dominican Republic (X tons) were the main destinations of exports of chromium, manganese, lead and copper oxides and hydroxides from Guatemala.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Costa Rica (with a CAGR of X%), while the other leaders experienced mixed trend patterns.

In value terms, El Salvador ($X), Costa Rica ($X) and the Dominican Republic ($X) constituted the largest markets for chromium, manganese, lead and copper oxide and hydroxide exported from Guatemala worldwide.

Costa Rica, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average export price for chromium, manganese, lead and copper oxides and hydroxides stood at $X per ton in 2022, picking up by X% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price increased by X%. The export price peaked at $X per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was El Salvador ($X per ton), while the average price for exports to the Dominican Republic ($X per ton) was amongst the lowest.

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

Imports of Chromium, Manganese, Lead and Copper Oxides and Hydroxides

Imports into Guatemala

In 2022, the amount of chromium, manganese, lead and copper oxides and hydroxides imported into Guatemala amounted to X tons, surging by X% on 2021. In general, imports, however, continue to indicate a abrupt setback. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, imports of attained the peak figure at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, imports of chromium, manganese, lead and copper oxides and hydroxides dropped slightly to $X in 2022. Over the period under review, imports, however, recorded a deep contraction. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports of hit record highs at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Mexico (X tons) constituted the largest chromium, manganese, lead and copper oxide and hydroxide supplier to Guatemala, accounting for a X% share of total imports. Moreover, imports of chromium, manganese, lead and copper oxides and hydroxides from Mexico exceeded the figures recorded by the second-largest supplier, China (X tons), tenfold. The United States (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Mexico stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and the United States (X% per year).

In value terms, Mexico ($X) constituted the largest supplier of chromium, manganese, lead and copper oxides and hydroxides to Guatemala, comprising X% of total imports. The second position in the ranking was taken by the United States ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Mexico totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Germany (X% per year).

Import Prices by Country

In 2022, the average import price for chromium, manganese, lead and copper oxides and hydroxides amounted to $X per ton, shrinking by X% against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by X%. As a result, import price reached the peak level of $X per ton, and then shrank in the following year.

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 the United States ($X per ton), while the price for Mexico ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform