Report Update Apr 1, 2024

Guatemala - Lithium Carbonate - Market Analysis, Forecast, Size, Trends and Insights

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Guatemala: Market for Lithium Oxide, Hydroxide and Carbonate 2024

Market Size for Lithium Oxide, Hydroxide and Carbonate in Guatemala

After two years of growth, the Guatemalan market for lithium oxide, hydroxide and carbonates decreased by X% to $X in 2022. In general, consumption showed a noticeable contraction. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Production of Lithium Oxide, Hydroxide and Carbonate in Guatemala

In value terms, lithium oxide, hydroxide and carbonate production amounted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2018 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

Exports of Lithium Oxide, Hydroxide and Carbonate

Exports from Guatemala

In 2022, approx. X kg of lithium oxide, hydroxide and carbonates were exported from Guatemala; with an increase of X% compared with the year before. Over the period under review, exports showed a remarkable increase. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. As a result, the exports attained the peak of X kg. From 2016 to 2022, the growth of the exports remained at a lower figure.

In value terms, lithium oxide, hydroxide and carbonate exports surged to $X in 2022. Overall, exports saw buoyant growth. The most prominent rate of growth was recorded in 2019 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

The Dominican Republic (X kg) was the main destination for lithium oxide, hydroxide and carbonate exports from Guatemala, with a approx. X% share of total exports.

From 2014 to 2022, the average annual rate of growth in terms of volume to the Dominican Republic stood at X%.

In value terms, the Dominican Republic ($X) also remains the key foreign market for lithium oxide, hydroxide and carbonates exports from Guatemala.

From 2014 to 2022, the average annual rate of growth in terms of value to the Dominican Republic stood at X%.

Export Prices by Country

The average export price for lithium oxide, hydroxide and carbonates stood at $X per ton in 2022, dropping by X% against the previous year. Overall, the export price saw a deep downturn. The pace of growth was the most pronounced in 2021 when the average export price increased by X%. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, 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 the Dominican Republic.

From 2014 to 2022, the rate of growth in terms of prices for the Dominican Republic amounted to X% per year.

Imports of Lithium Oxide, Hydroxide and Carbonate

Imports into Guatemala

In 2022, overseas purchases of lithium oxide, hydroxide and carbonates decreased by X% to X kg for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports, however, posted a strong expansion. The pace of growth appeared the most rapid in 2014 with an increase of X%. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, lithium oxide, hydroxide and carbonate imports declined dramatically to $X in 2022. In general, imports, however, enjoyed a prominent expansion. The pace of growth was the most pronounced in 2020 when imports increased by X% against the previous year. Imports peaked at $X in 2021, and then contracted notably in the following year.

Imports by Country

In 2022, China (X kg) constituted the largest lithium oxide, hydroxide and carbonate supplier to Guatemala, accounting for a X% share of total imports. Moreover, lithium oxide, hydroxide and carbonate imports from China exceeded the figures recorded by the second-largest supplier, the United States (X kg), threefold.

From 2012 to 2022, the average annual growth rate of volume from China totaled X%.

In value terms, China ($X) constituted the largest supplier of lithium oxide, hydroxide and carbonates to Guatemala, comprising X% of total imports. The second position in the ranking was taken by the United States ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China totaled X%.

Import Prices by Country

The average import price for lithium oxide, hydroxide and carbonates stood at $X per ton in 2022, dropping by X% against the previous year. Over the period under review, the import price, however, showed a strong expansion. The pace of growth appeared the most rapid in 2018 an increase of X%. The import price peaked at $X per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for China stood at $X per ton.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for lithium carbonate in the world?

China constituted the country with the largest volume of lithium carbonate consumption, comprising approx. 73% of total volume. Moreover, lithium carbonate consumption in China exceeded the figures recorded by the second-largest consumer, South Korea, sevenfold. Japan ranked third in terms of total consumption with a 7% share.

What are the largest producers of lithium carbonate in the world?

Chile remains the largest lithium carbonate producing country worldwide, accounting for 90% of total volume. Moreover, lithium carbonate production in Chile exceeded the figures recorded by the second-largest producer, China, more than tenfold.

What are the leading suppliers of lithium carbonate to Guatemala?

In value terms, China constituted the largest supplier of lithium carbonates to Guatemala, comprising 73% of total imports. The second position in the ranking was taken by the United States, with a 27% share of total imports.

What are the leading importers of lithium carbonate from Guatemala?

In value terms, the Dominican Republic remains the key foreign market for lithium carbonates exports from Guatemala.

What is the average export price for lithium carbonate in Guatemala?

The average lithium carbonate export price stood at $20,359 per ton in 2022, declining by -5.4% against the previous year.

What is the average import price for lithium carbonate in Guatemala?

In 2022, the average lithium carbonate import price amounted to $49,048 per ton, which is down by -3.1% against the previous year.

This report provides an in-depth analysis of the market for lithium oxide, hydroxide and carbonate 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:

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
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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
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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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023