Guatemala: Glycerol Market 2025

Glycerol Market Size in Guatemala

In 2022, the Guatemalan glycerol market increased by X% to $X, rising for the second consecutive year after two years of decline. Over the period under review, consumption saw a prominent expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Glycerol Production in Guatemala

In value terms, glycerol production reduced to $X in 2022 estimated in export price. Over the period under review, production, however, posted resilient growth. The pace of growth was the most pronounced in 2014 with an increase of X%. Glycerol production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Glycerol Exports

Exports from Guatemala

In 2022, exports of glycerol from Guatemala skyrocketed to X tons, with an increase of X% on the previous year's figure. Overall, exports showed significant growth. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, the exports reached the maximum at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, glycerol exports soared to $X in 2022. In general, exports posted a significant expansion. The most prominent rate of growth was recorded in 2013 with an increase of X%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Exports by Country

Mexico (X tons), Honduras (X tons) and Nicaragua (X tons) were the main destinations of glycerol exports from Guatemala, together comprising X% of total exports. The Dominican Republic and Costa Rica lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for the Dominican Republic (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for glycerol exported from Guatemala were Honduras ($X), Mexico ($X) and Nicaragua ($X), together comprising X% of total exports. The Dominican Republic and Costa Rica lagged somewhat behind, together accounting for a further X%.

The Dominican Republic, with a CAGR of X%, saw 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 more modest paces of growth.

Export Prices by Country

The average glycerol export price stood at $X per ton in 2022, growing by X% against the previous year. Overall, the export price enjoyed a strong increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Dominican Republic ($X per ton), while the average price for exports to Costa Rica ($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 Honduras (X%), while the prices for the other major destinations experienced more modest paces of growth.

Glycerol Imports

Imports into Guatemala

In 2022, purchases abroad of glycerol was finally on the rise to reach X tons after two years of decline. Over the period under review, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, glycerol imports soared to $X in 2022. Overall, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Germany (X tons), Brazil (X tons) and the Netherlands (X tons) were the main suppliers of glycerol imports to Guatemala, with a combined X% share of total imports.

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

In value terms, Germany ($X), Brazil ($X) and Argentina ($X) appeared to be the largest glycerol suppliers to Guatemala, with a combined X% share of total imports. The Netherlands, the United States, Mexico, Peru and Colombia lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Peru, with a CAGR of X%, saw 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 glycerol import price stood at $X per ton in 2022, picking up by X% against the previous year. Over the period under review, import price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, glycerol import price increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see gradual growth in years to come.

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

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

Source: IndexBox Platform