Guatemala: Market for Hypochlorites, Commercial Calcium Hypochlorite, Chlorites And Hypobromites 2024

Market Size for Hypochlorites, Commercial Calcium Hypochlorite, Chlorites And Hypobromites in Guatemala

The Guatemalan hypochlorites, chlorites and hypobromites market soared to $X in 2022, jumping by 18% against the previous year. The market value increased at an average annual rate of +1.9% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the maximum level in 2022 and is expected to retain growth in the immediate term.

Production of Hypochlorites, Commercial Calcium Hypochlorite, Chlorites And Hypobromites in Guatemala

In value terms, hypochlorites, chlorites and hypobromites production totaled $X in 2022 estimated in export price. Overall, production posted resilient growth. The pace of growth was the most pronounced in 2020 with an increase of 22% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Exports of Hypochlorites, Commercial Calcium Hypochlorite, Chlorites And Hypobromites

Exports from Guatemala

In 2022, shipments abroad of hypochlorites, commercial calcium hypochlorite, chlorites and hypobromites decreased by -3.7% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, recorded significant growth. The pace of growth was the most pronounced in 2014 when exports increased by 400% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, hypochlorites, chlorites and hypobromites exports reduced slightly to $X in 2022. In general, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2014 when exports increased by 310% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

Honduras (X tons) was the main destination for hypochlorites, chlorites and hypobromites exports from Guatemala, with a 85% share of total exports. Moreover, hypochlorites, chlorites and hypobromites exports to Honduras exceeded the volume sent to the second major destination, Nicaragua (X tons), eightfold.

From 2012 to 2022, the average annual growth rate of volume to Honduras totaled +41.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Nicaragua (+20.9% per year) and El Salvador (+30.2% per year).

In value terms, Honduras ($X) remains the key foreign market for hypochlorites, commercial calcium hypochlorite, chlorites and hypobromites exports from Guatemala, comprising 87% of total exports. The second position in the ranking was held by Nicaragua ($X), with an 8% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Honduras totaled +43.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Nicaragua (+21.1% per year) and El Salvador (+18.3% per year).

Export Prices by Country

The average hypochlorites, chlorites and hypobromites export price stood at $X per ton in 2022, therefore, remained relatively stable against the previous year. Over the last decade, it increased at an average annual rate of +1.6%. The pace of growth appeared the most rapid in 2013 when the average export price increased by 18% against the previous year. The export price peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Honduras ($X per ton), while the average price for exports to Nicaragua ($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 (+1.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Hypochlorites, Commercial Calcium Hypochlorite, Chlorites And Hypobromites

Imports into Guatemala

Hypochlorites, chlorites and hypobromites imports into Guatemala skyrocketed to X tons in 2022, jumping by 174% on the previous year's figure. In general, imports saw a tangible expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, hypochlorites, chlorites and hypobromites imports surged to $X in 2022. Overall, imports, however, showed a mild decrease. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of hypochlorites, chlorites and hypobromites to Guatemala, with a 56% share of total imports. Moreover, hypochlorites, chlorites and hypobromites imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), twofold. The third position in this ranking was held by Mexico (X tons), with a 9.4% share.

From 2012 to 2022, the average annual growth rate of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: India (+43.9% per year) and Mexico (+24.8% per year).

In value terms, China ($X) constituted the largest supplier of hypochlorites, commercial calcium hypochlorite, chlorites and hypobromites to Guatemala, comprising 54% of total imports. The second position in the ranking was taken by India ($X), with a 20% share of total imports. It was followed by the United States, with a 14% share.

From 2012 to 2022, the average annual growth rate of value from China stood at -3.7%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+38.9% per year) and the United States (+0.2% per year).

Import Prices by Country

In 2022, the average hypochlorites, chlorites and hypobromites import price amounted to $X per ton, remaining stable against the previous year. In general, the import price, however, recorded a pronounced decrease. The pace of growth was the most pronounced in 2021 when the average import price increased by 42%. Over the period under review, average import prices attained the maximum at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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 El Salvador (+11.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform