Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Guatemala - 2023
Contents:
- Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Guatemala (CIF) - 2022
- Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Guatemala (FOB) - 2022
- Imports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Guatemala
- Exports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Guatemala
Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Guatemala (CIF) - 2022
The average import price for fertilizers, mineral or chemical; containing nitrates and phosphateses stood at $723 per ton in 2022, picking up by 7% against the previous year. Overall, the import price recorded a perceptible increase. The growth pace was the most rapid in 2021 an increase of 65% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($1,582 per ton), while the price for Russia ($719 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (+27.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Guatemala (FOB) - 2022
In 2022, the average export price for fertilizers, mineral or chemical; containing nitrates and phosphateses amounted to $546 per ton, picking up by 8.1% against the previous year. In general, the export price continues to indicate a slight increase. The pace of growth appeared the most rapid in 2017 an increase of 45%. The export price peaked at $1,001 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for El Salvador.
From 2012 to 2022, the rate of growth in terms of prices for El Salvador amounted to +1.3% per year.
Imports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Guatemala
In 2022, supplies from abroad of fertilizers, mineral or chemical; containing nitrates and phosphateses was finally on the rise to reach 42K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of fertilizers, mineral or chemical; containing nitrates and phosphateses skyrocketed to $30M in 2022. Over the period under review, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Guatemala (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 6.5 | N/A | N/A | 22.5 | 51.3% |
| Norway | N/A | N/A | N/A | 7.2 | 0% |
| Estonia | N/A | 5.8 | N/A | N/A | 0% |
| Others | 0.1 | 0.2 | 0.1 | 0.3 | 44.2% |
| Total | 6.6 | 6.0 | 0.1 | 30.1 | 65.8% |
Top Suppliers of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates to Guatemala in 2022:
- Russia (31.3K tons)
- Norway (10.0K tons)
Exports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Guatemala
Exports of fertilizers, mineral or chemical; containing nitrates and phosphateses from Guatemala soared to 34 tons in 2022, picking up by 56% on 2021. Over the period under review, exports, however, saw a abrupt shrinkage.
In value terms, exports of fertilizers, mineral or chemical; containing nitrates and phosphateses soared to $18K in 2022. Overall, exports, however, recorded a precipitous descent.
| Export of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| El Salvador | 12.6 | 26.2 | 3.3 | 18.5 | 13.7% |
| Nicaragua | 10.5 | 9.9 | N/A | N/A | -5.7% |
| Mexico | 26.3 | N/A | N/A | N/A | 0% |
| Honduras | N/A | 24.0 | 7.7 | N/A | -67.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 49.4 | 60.0 | 11.0 | 18.5 | -27.9% |
Top Export Markets for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates from Guatemala in 2022:
- El Salvador (33.9 tons)
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