Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Guatemala - 2023
Contents:
- Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Guatemala (CIF) - 2022
- Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Guatemala (FOB) - 2022
- Imports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Guatemala
- Exports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Guatemala
Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Guatemala (CIF) - 2022
In 2022, the average import price for fertilizers, mineral or chemical amounted to $874 per ton, with an increase of 133% against the previous year. In general, the import price enjoyed a moderate increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 China ($8,835 per ton), while the price for Lithuania ($360 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+9.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Guatemala (FOB) - 2022
In 2022, the average export price for fertilizers, mineral or chemical amounted to $791 per ton, jumping by 29% against the previous year. Overall, the export price posted strong growth. The most prominent rate of growth was recorded in 2020 when the average export price increased by 340%. As a result, the export price reached the peak level of $2,240 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Belize.
From 2012 to 2022, the rate of growth in terms of prices for the Dominican Republic amounted to +340.1% per year.
Imports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Guatemala
For the fourth year in a row, Guatemala recorded growth in purchases abroad of fertilizers, mineral or chemical, which increased by 84% to 2.3K tons in 2022. Overall, imports saw a significant expansion. 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 skyrocketed to $2.1M in 2022. Over the period under review, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | N/A | 151 | 412 | 628 | 103.9% |
| China | N/A | N/A | N/A | 589 | 0% |
| Costa Rica | N/A | N/A | N/A | 487 | 0% |
| Mexico | N/A | 10.2 | N/A | 349 | 484.9% |
| Germany | 104 | 12.6 | 8.1 | N/A | -72.1% |
| India | 26.0 | 51.7 | 35.5 | N/A | 16.8% |
| El Salvador | 140 | 92.8 | 24.9 | N/A | -57.8% |
| Others | N/A | 5.0 | N/A | N/A | 0% |
| Total | 270 | 323 | 481 | 2,053 | 96.6% |
Top Suppliers of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate to Guatemala in 2022:
- Lithuania (1744.5 tons)
- Costa Rica (343.5 tons)
- Mexico (195.2 tons)
- China (66.7 tons)
Exports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Guatemala
In 2022, after three years of growth, there was significant decline in overseas shipments of fertilizers, mineral or chemical, when their volume decreased by -51.3% to 21 tons. Over the period under review, exports, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 105% against the previous year.
In value terms, exports of fertilizers, mineral or chemical fell markedly to $17K in 2022. Overall, exports, however, showed significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 802% against the previous year. As a result, the exports attained the peak of $71K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belize | N/A | N/A | 26.5 | 16.7 | -37.0% |
| Dominican Republic | 7.9 | 71.1 | N/A | N/A | 800.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 7.9 | 71.1 | 26.5 | 16.7 | 28.3% |
Top Export Markets for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate from Guatemala in 2022:
- Belize (21.1 tons)
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