Price for Cyanides, Cyanide Oxides and Complex Cyanides in Guatemala - 2023

Contents:

  1. Price for Cyanides, Cyanide Oxides and Complex Cyanides in Guatemala (CIF) - 2022
  2. Price for Cyanides, Cyanide Oxides and Complex Cyanides in Guatemala (FOB) - 2022
  3. Imports of Cyanides, Cyanide Oxides and Complex Cyanides in Guatemala
  4. Exports of Cyanides, Cyanide Oxides and Complex Cyanides in Guatemala

Price for Cyanides, Cyanide Oxides and Complex Cyanides in Guatemala (CIF) - 2022

In 2022, the average import price for cyanides, cyanide oxides and complex cyanideses amounted to $2,990 per ton, rising by 26% against the previous year. Over the last decade, it increased at an average annual rate of +4.7%. The growth pace was the most rapid in 2018 when the average import price increased by 31% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($10,624 per ton), while the price for the United States ($2,733 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+16.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cyanides, Cyanide Oxides and Complex Cyanides in Guatemala (FOB) - 2022

In 2022, the average export price for cyanides, cyanide oxides and complex cyanideses amounted to $12,250 per ton, dropping by -16.5% against the previous year. Over the period under review, the export price, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2019 when the average export price increased by 779%. Over the period under review, the average export prices hit record highs at $14,664 per ton in 2021, and then fell rapidly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was El Salvador ($52,500 per ton), while the average price for exports to Honduras amounted to $11,798 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Honduras (+39.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Cyanides, Cyanide Oxides and Complex Cyanides in Guatemala

In 2022, approx. 176 tons of cyanides, cyanide oxides and complex cyanideses were imported into Guatemala; picking up by 34% compared with the year before. Overall, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +16.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.4% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 34% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, imports of cyanides, cyanide oxides and complex cyanideses soared to $526K in 2022. In general, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Cyanides, Cyanide Oxides and Complex Cyanides in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech RepublicN/AN/A103365254.4%
United States23.58.613.812273.2%
BrazilN/A10.0N/A34.986.8%
China1043.313.03.3-68.3%
Germany1403121790.5-84.7%
Others0.12.22.20.344.2%
Total26733631152625.4%

Top Suppliers of Cyanides, Cyanide Oxides and Complex Cyanides to Guatemala in 2022:

  1. Czech Republic (127.5 tons)
  2. United States (44.6 tons)
  3. Brazil (3.3 tons)
  4. China (0.3 tons)
  5. Germany (0.2 tons)

Exports of Cyanides, Cyanide Oxides and Complex Cyanides in Guatemala

Exports of cyanides, cyanide oxides and complex cyanideses from Guatemala contracted significantly to 540 kg in 2022, waning by -64.2% compared with 2021. Overall, exports faced a dramatic shrinkage. The growth pace was the most rapid in 2021 with an increase of 135% against the previous year.

In value terms, exports of cyanides, cyanide oxides and complex cyanideses shrank notably to $6.6K in 2022. Over the period under review, exports showed a dramatic shrinkage. The growth pace was the most rapid in 2021 with an increase of 384%.

Export of Cyanides, Cyanide Oxides and Complex Cyanides in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
HondurasN/A4.421.46.319.7%
NicaraguaN/AN/A0.1N/A0%
Mexico78.0N/AN/AN/A0%
Others0.80.10.70.3-27.9%
Total78.84.622.16.6-56.2%

Top Export Markets for Cyanides, Cyanide Oxides and Complex Cyanides from Guatemala in 2022:

  1. Honduras (534.0 kg)

Source: IndexBox Market Intelligence Platform

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