Guatemala - Ammonium Nitrate - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAmmonium Nitrate Price in Guatemala - 2023
Contents:
- Ammonium Nitrate Price in Guatemala (CIF) - 2023
- Ammonium Nitrate Price in Guatemala (FOB) - 2022
- Ammonium Nitrate Imports in Guatemala
- Ammonium Nitrate Exports in Guatemala
Ammonium Nitrate Price in Guatemala (CIF) - 2023
The average ammonium nitrate import price stood at $243 per ton in June 2023, which is down by -13.8% against the previous month. In general, the import price showed a deep contraction. The most prominent rate of growth was recorded in November 2022 when the average import price increased by 177% month-to-month. The import price peaked at $1,453 per ton in December 2022; however, from January 2023 to June 2023, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Russia.
From June 2022 to June 2023, the rate of growth in terms of prices for Chile amounted to -3.3% per month.
Ammonium Nitrate Price in Guatemala (FOB) - 2022
The average ammonium nitrate export price stood at $446 per ton in 2022, growing by 4.1% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 21%. The export price peaked in 2022 and is likely to continue growth in the near future.
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 Belize amounted to +1.2% per year.
Ammonium Nitrate Imports in Guatemala
In 2022, supplies from abroad of ammonium nitrate decreased by -24.5% to 82K tons, falling for the second consecutive year after two years of growth. Overall, imports continue to indicate a perceptible contraction. The growth pace was the most rapid in 2020 with an increase of 35% against the previous year. As a result, imports reached the peak of 118K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, ammonium nitrate imports skyrocketed to $48M in 2022. In general, imports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 68% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.
| Import of Ammonium Nitrate in Guatemala (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 2.3 | 7.0 | 29.8 | 46.8 | 173.0% |
| Chile | 0.3 | 0.3 | 0.7 | 1.5 | 71.0% |
| Latvia | 4.6 | 1.3 | N/A | N/A | -71.7% |
| United States | 2.7 | N/A | N/A | N/A | 0% |
| Estonia | 10.6 | 13.7 | 9.5 | N/A | -5.3% |
| Others | 0.6 | 1.9 | 0.6 | N/A | 0.0% |
| Total | 21.1 | 24.2 | 40.6 | 48.3 | 31.8% |
Top Suppliers of Ammonium Nitrate to Guatemala in 2022:
- Russia (79.0K tons)
- Chile (2.8K tons)
Ammonium Nitrate Exports in Guatemala
In 2022, approx. 1.2K tons of ammonium nitrate were exported from Guatemala; jumping by 59% compared with the year before. Overall, exports showed prominent growth. The most prominent rate of growth was recorded in 2021 when exports increased by 109% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.
In value terms, ammonium nitrate exports surged to $545K in 2022. In general, exports posted a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 154% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the near future.
| Export of Ammonium Nitrate in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belize | 141 | 124 | 280 | 545 | 56.9% |
| El Salvador | 113 | 6.2 | 50.9 | N/A | -32.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 254 | 130 | 330 | 545 | 29.0% |
Top Export Markets for Ammonium Nitrate from Guatemala in 2022:
- Belize (1.2K tons)
This report provides an in-depth analysis of the ammonium nitrate market in Guatemala. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 4003 - Ammonium nitrate (AN)
Country coverage:
- Guatemala
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Guatemala
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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