Feldspar market in Guatemala

Earlier Report Observations

The feldspar market in Guatemala experienced notable volume changes between 2018 and 2022, with domestic consumption rising from 8 716 t to 14 342 t. This expansion was interrupted by a contraction in 2020, when the market size fell to 8 489 t, before robust growth resumed, driven by a significant increase in domestic production to 40 000 t in 2022.

In 2024, the market environment was shaped by the implementation of Decreto 31-2024, which established a simplified tax regime for the primary productive and agricultural sector, including incentives for small producers. Concurrently, sustained demand from the construction industry for industrial minerals continued to influence the market for feldspar.

Production feldspar in Guatemala

In kind, 2017-2020, t

Top producers of feldspar, 2017-2020

World map of production of feldspar, 2017-2020

Guatemala's feldspar production declined for the second consecutive year. In 2020, the country produced 25 578 tons of feldspar, marking an 11.1% decrease compared to the previous year. Over the 2017-2020 period, production fell by 11.8%, with a compound annual growth rate (CAGR) of -4.1%. Production peaked in 2018 at 30 257 tons, which also saw the largest annual increase of 4.3%.

Annual dynamics of production in Guatemala in kind, 2017-2020, t

In value, 2017-2020, K $ US

Feldspar production in Guatemala increased for the second consecutive year. In 2020, output was valued at 1 964 thousand US dollars, reflecting an 8.0% gain over the previous year. From 2017 to 2020, production value rose by 12.7%, with a CAGR of 4.1%. The lowest value was recorded in 2018 at 1 657 thousand US dollars, which experienced the largest decline of 4.9%. The largest increase occurred in 2019, with a 9.8% rise.

Annual dynamics of production in Guatemala in value, 2017-2020, K $ US

Exports feldspar from Guatemala

Exports in kind, t

Guatemala's feldspar export volume declined for the second consecutive year. In 2020, exports totaled 17 114 tons, showing an 8.6% decrease compared to 2019. Over the 2017-2020 period, exports fell by 10.6%, with a CAGR of -3.7%. The highest volume was recorded in 2018 at 21 548 tons, which also saw the largest annual increase of 12.6%. The largest decline occurred in 2019, with a 13.1% drop.

Annual dynamics of product's exports from Guatemala in kind, 2017-2020, t

From 2017 to 2020, Peru, Costa Rica, and Ecuador were the key destinations for Guatemala's feldspar exports in volume terms. Peru accounted for 28.2% of exports, Costa Rica for 24.8%, and Ecuador for 18.0%. Together, these three countries represented 71.1% of total export flows.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Guatemala in kind, 2017-2020

Exports in value, K $ US

Guatemala's feldspar export value increased for the third consecutive year. In 2020, exports were valued at 1 314 thousand US dollars, indicating an 11.0% rise year-over-year. Over the 2017-2020 period, export value grew by 14.3%, with a CAGR of 4.6%.

Annual dynamics of product's exports from Guatemala in value, 2017-2020, K $ US

From 2017 to 2020, Nicaragua, Mexico, and Costa Rica consistently led as the top destinations for Guatemala's feldspar exports in value terms. Nicaragua accounted for 34.1% of exports, Mexico for 26.5%, and Costa Rica for 16.1%. Collectively, these three countries represented 76.7% of total export flows.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Guatemala in value, 2017-2020

Imports feldspar to Guatemala

Imports in kind, t

Guatemala's feldspar import volume showed significant fluctuations during the period. In 2019, imports hit their lowest point at nearly zero tons, before surging to approximately 25 tons in 2020. This represents an extraordinary increase of 58,107.0% from 2019 to 2020. The largest decline occurred in 2019, with a 99.4% drop. Overall, import volumes varied dramatically, with a 582-fold difference between the low in 2019 and the high in 2020.

Annual dynamics of product's imports to Guatemala in kind, 2017-2020, t

From 2017 to 2020, Colombia dominated Guatemala's feldspar imports in volume terms, accounting for 95.2% of total import flows.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Guatemala in kind, 2017-2020

Imports in value, K $ US

Guatemala's feldspar import value exhibited an unstable trend over the period. In 2019, imports reached their minimum at nearly zero thousand US dollars, before climbing to 8 thousand US dollars in 2020. This represents a massive increase of 24,575.0% from 2019 to 2020. The largest decline occurred in 2019, with a 98.1% drop. Import values showed extreme volatility, with a 247-fold gap between the low in 2019 and the peak in 2020.

Annual dynamics of product's imports to Guatemala in value, 2017-2020, K $ US

From 2017 to 2020, Colombia and Austria were the main suppliers of feldspar to Guatemala in value terms, together accounting for 85.5% of total imports. The remaining imports were fragmented across other countries.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Guatemala in value, 2017-2020