Price for Zinc; Powders and Flakes in Guatemala - 2023

Contents:

  1. Price for Zinc; Powders and Flakes in Guatemala (CIF) - 2022
  2. Price for Zinc; Powders and Flakes in Guatemala (FOB) - 2022
  3. Imports of Zinc; Powders and Flakes in Guatemala
  4. Exports of Zinc; Powders and Flakes in Guatemala

Price for Zinc; Powders and Flakes in Guatemala (CIF) - 2022

The average zinc; powders and flakes import price stood at $11,597 per ton in 2022, with an increase of 167% against the previous year. In general, the import price recorded a resilient expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($15,454 per ton), while the price for Mexico ($3,037 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+35.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Zinc; Powders and Flakes in Guatemala (FOB) - 2022

In 2021, the average zinc; powders and flakes export price amounted to $4,077 per ton, which is down by -4% against the previous year. Overall, the export price, however, continues to indicate resilient growth. The most prominent rate of growth was recorded in 2017 when the average export price increased by 118% against the previous year. The export price peaked at $4,528 per ton in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Honduras.

From 2012 to 2021, the rate of growth in terms of prices for Italy amounted to +41.8% per year.

Imports of Zinc; Powders and Flakes in Guatemala

For the fourth year in a row, Guatemala recorded growth in overseas purchases of zinc; powders and flakeses, which increased by 5% to 15 tons in 2022. In general, imports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 403% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, zinc; powders and flakes imports soared to $173K in 2022. Overall, imports recorded a significant increase. The growth pace was the most rapid in 2021 when imports increased by 380%. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Zinc; Powders and Flakes in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)N/AN/AN/A1500%
United States2.611.553.912.167.0%
FranceN/AN/AN/A3.70%
CanadaN/AN/A7.63.6-52.6%
MexicoN/A1.1N/A3.270.6%
Others0.20.1N/A0.314.5%
Total2.812.861.5173295.3%

Top Suppliers of Zinc; Powders and Flakes to Guatemala in 2022:

  1. Taiwan (Chinese) (9.7 tons)
  2. United States (2.5 tons)
  3. Mexico (1.1 tons)
  4. Canada (0.8 tons)
  5. France (0.8 tons)

Exports of Zinc; Powders and Flakes in Guatemala

Zinc; powders and flakes exports from Guatemala totaled 1.1 tons in 2021, growing by 6.9% against the year before. The total export volume increased at an average annual rate of +2.0% from 2019 to 2021; the trend pattern remained consistent, with only minor fluctuations in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, zinc; powders and flakes exports totaled $4.3K in 2021. Over the period under review, exports, however, continue to indicate a perceptible slump.

Export of Zinc; Powders and Flakes in Guatemala (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
Honduras4.64.24.3-3.3%
OthersN/AN/AN/A0%
Total4.64.24.3-3.3%

Top Export Markets for Zinc; Powders and Flakes from Guatemala in 2022:

  1. Honduras (1.1 tons)

Source: IndexBox Market Intelligence Platform

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