Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Guatemala - 2023
Contents:
- Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Guatemala (CIF) - 2023
- Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Guatemala (FOB) - 2022
- Imports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Guatemala
- Exports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Guatemala
Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Guatemala (CIF) - 2023
The average import price for aluminium oxide (including artificial corundum); aluminium hydroxide stood at $8,128 per ton in October 2023, jumping by 281% against the previous month. Overall, the import price continues to indicate buoyant growth. The growth pace was the most rapid in April 2023 an increase of 1,103% m-o-m. As a result, import price attained the peak level of $19,682 per ton. From May 2023 to October 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was the United States ($27,179 per ton), while the price for Spain ($1,756 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Spain (+6.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Guatemala (FOB) - 2022
The average export price for aluminium oxide (including artificial corundum); aluminium hydroxide stood at $8,718 per ton in 2022, increasing by 385% against the previous year. In general, the export price showed a strong increase. The pace of growth was the most pronounced in 2019 an increase of 507%. The export price peaked in 2022 and is expected to retain growth in years to come.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Costa Rica ($12,079 per ton), while the average price for exports to the Dominican Republic ($3,886 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 Mexico (+69.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Guatemala
In 2022, approx. 171 tons of aluminium oxide (including artificial corundum); aluminium hydroxide were imported into Guatemala; surging by 9.3% compared with the previous year's figure. The total import volume increased at an average annual rate of +7.3% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of aluminium oxide (including artificial corundum); aluminium hydroxide expanded rapidly to $676K in 2022. Overall, imports recorded a prominent expansion. The pace of growth appeared the most rapid in 2021 with an increase of 74%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 84.0 | 107 | 210 | 223 | 38.5% |
| United States | 213 | 149 | 266 | 160 | -9.1% |
| India | 48.2 | N/A | 81.0 | 95.6 | 25.6% |
| Spain | 44.1 | 27.6 | 46.0 | 87.8 | 25.8% |
| China | 0.1 | 17.0 | 0.1 | 30.3 | 571.7% |
| Mexico | 23.5 | 20.3 | 10.9 | 18.9 | -7.0% |
| France | 15.5 | 29.6 | N/A | 2.5 | -45.6% |
| Colombia | N/A | 10.7 | N/A | N/A | 0% |
| Others | 0.3 | 0.3 | 15.0 | 57.3 | 475.9% |
| Total | 429 | 361 | 629 | 676 | 16.4% |
Top Suppliers of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide to Guatemala in 2022:
- Spain (75.7 tons)
- India (31.6 tons)
- South Korea (30.9 tons)
- United States (12.6 tons)
- China (8.7 tons)
- Mexico (6.8 tons)
- France (1.0 tons)
Exports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Guatemala
In 2022, shipments abroad of aluminium oxide (including artificial corundum); aluminium hydroxide decreased by -84.2% to 9.9 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 1,216%. As a result, the exports attained the peak of 62 tons, and then dropped remarkably in the following year.
In value terms, exports of aluminium oxide (including artificial corundum); aluminium hydroxide dropped significantly to $86K in 2022. Overall, exports, however, saw significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 408%. As a result, the exports reached the peak of $112K, and then shrank sharply in the following year.
| Export of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Honduras | 5.6 | 8.7 | 26.3 | 31.3 | 77.5% |
| Nicaragua | 15.1 | 10.3 | 30.0 | 26.1 | 20.0% |
| Costa Rica | 6.6 | 1.9 | 3.6 | 15.3 | 32.3% |
| Dominican Republic | 2.0 | 0.8 | 4.7 | 12.1 | 82.2% |
| El Salvador | 0.3 | 0.5 | 0.6 | 1.2 | 58.7% |
| Mexico | N/A | N/A | 47.0 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 29.6 | 22.1 | 112 | 86.1 | 42.7% |
Top Export Markets for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide from Guatemala in 2022:
- Dominican Republic (3.1 tons)
- Honduras (2.7 tons)
- Nicaragua (2.5 tons)
- Costa Rica (1.3 tons)
- El Salvador (0.2 tons)
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