Price for Sugars; Fructose, Chemically Pure, in Solid Form in Guatemala - 2024

Contents:

  1. Price for Sugars; Fructose, Chemically Pure, in Solid Form in Guatemala (CIF) - 2022
  2. Price for Sugars; Fructose, Chemically Pure, in Solid Form in Guatemala (FOB) - 2022
  3. Imports of Sugars; Fructose, Chemically Pure, in Solid Form in Guatemala
  4. Exports of Sugars; Fructose, Chemically Pure, in Solid Form in Guatemala

Price for Sugars; Fructose, Chemically Pure, in Solid Form in Guatemala (CIF) - 2022

The average import price for sugars; fructose, chemically pure, in solid form stood at $1,551 per ton in 2022, jumping by 88% against the previous year. Overall, the import price posted a buoyant expansion. The pace of growth appeared the most rapid in 2020 when the average import price increased by 113%. The import price peaked in 2022 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 the United States ($2,109 per ton), while the price for Turkey ($1,208 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+26.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Sugars; Fructose, Chemically Pure, in Solid Form in Guatemala (FOB) - 2022

The average export price for sugars; fructose, chemically pure, in solid form stood at $960 per ton in 2022, picking up by 3.7% against the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of 31% against the previous year. As a result, the export price reached the peak level of $1,064 per ton. From 2017 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Dominican Republic ($3,869 per ton), while the average price for exports to Honduras stood at $849 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Dominican Republic (+1.9%), while the prices for the other major destinations experienced a decline.

Imports of Sugars; Fructose, Chemically Pure, in Solid Form in Guatemala

In 2022, imports of sugars; fructose, chemically pure, in solid form into Guatemala fell to 49 tons, shrinking by -12.9% against the previous year. Over the period under review, imports faced a precipitous decrease. The most prominent rate of growth was recorded in 2021 with an increase of 156% against the previous year.

In value terms, imports of sugars; fructose, chemically pure, in solid form skyrocketed to $63K in 2022. Overall, imports continue to indicate a slight curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 87% against the previous year.

Import of Sugars; Fructose, Chemically Pure, in Solid Form in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey46.60.118.040.4-4.6%
China19.020.810.017.7-2.3%
United States0.53.71.94.3104.9%
MexicoN/AN/A16.1N/A0%
Others0.6N/A0.10.60.0%
Total66.824.746.263.0-1.9%

Top Suppliers of Sugars; Fructose, Chemically Pure, in Solid Form to Guatemala in 2022:

  1. Turkey (33.5 tons)
  2. China (13.2 tons)
  3. United States (2.0 tons)

Exports of Sugars; Fructose, Chemically Pure, in Solid Form in Guatemala

In 2022, shipments abroad of sugars; fructose, chemically pure, in solid form increased by 62% to 20 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, showed a dramatic slump.

In value terms, exports of sugars; fructose, chemically pure, in solid form soared to $19K in 2022. In general, exports, however, recorded a deep setback.

Export of Sugars; Fructose, Chemically Pure, in Solid Form in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Honduras30.611.18.616.2-19.1%
Dominican RepublicN/A0.32.62.7200.0%
Others0.20.10.10.1-20.6%
Total30.811.511.419.0-14.9%

Top Export Markets for Sugars; Fructose, Chemically Pure, in Solid Form from Guatemala in 2022:

  1. Honduras (19.1 tons)
  2. Dominican Republic (0.7 tons)

Source: IndexBox Market Intelligence Platform

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