| Product Code: ETC4876618 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Guatemala`s cobalt nitrate import shipments in 2024 were dominated by top exporters such as China, Germany, Portugal, Switzerland, and the UK. Despite a significant negative CAGR from 2020 to 2024, there was a remarkable growth rate of 118.48% from 2023 to 2024. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, suggesting potential challenges for market competition and pricing dynamics in the industry. This data reflects the evolving landscape of cobalt nitrate imports in Guatemala, influenced by global trade dynamics and market trends.

In the Latin America region, the Cobalt Nitrate market in Guatemala is projected to expand at a stable growth rate of 0.07% by 2027. The largest economy is Brazil, followed by Mexico, Argentina, Colombia and Chile.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Guatemala Cobalt Nitrate Market Overview |
3.1 Guatemala Country Macro Economic Indicators |
3.2 Guatemala Cobalt Nitrate Market Revenues & Volume, 2021 & 2031F |
3.3 Guatemala Cobalt Nitrate Market - Industry Life Cycle |
3.4 Guatemala Cobalt Nitrate Market - Porter's Five Forces |
3.5 Guatemala Cobalt Nitrate Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Guatemala Cobalt Nitrate Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Guatemala Cobalt Nitrate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for cobalt nitrate in the battery manufacturing industry due to growth in electric vehicles market |
4.2.2 Technological advancements leading to the development of new applications for cobalt nitrate |
4.2.3 Growing awareness about the benefits of using cobalt nitrate in agriculture for improving crop yield |
4.3 Market Restraints |
4.3.1 Fluctuating prices of cobalt in the global market impacting the cost of cobalt nitrate |
4.3.2 Environmental concerns related to cobalt mining and processing |
4.3.3 Competition from alternative materials in certain industrial applications |
5 Guatemala Cobalt Nitrate Market Trends |
6 Guatemala Cobalt Nitrate Market Segmentations |
6.1 Guatemala Cobalt Nitrate Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Guatemala Cobalt Nitrate Market Revenues & Volume, By Solid, 2021-2031F |
6.1.3 Guatemala Cobalt Nitrate Market Revenues & Volume, By Solution, 2021-2031F |
6.2 Guatemala Cobalt Nitrate Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Guatemala Cobalt Nitrate Market Revenues & Volume, By High-purity cobalt, 2021-2031F |
6.2.3 Guatemala Cobalt Nitrate Market Revenues & Volume, By Feed additives, 2021-2031F |
6.2.4 Guatemala Cobalt Nitrate Market Revenues & Volume, By Catalysts, 2021-2031F |
6.2.5 Guatemala Cobalt Nitrate Market Revenues & Volume, By Dyes & Pigments, 2021-2031F |
6.2.6 Guatemala Cobalt Nitrate Market Revenues & Volume, By Others, 2021-2031F |
7 Guatemala Cobalt Nitrate Market Import-Export Trade Statistics |
7.1 Guatemala Cobalt Nitrate Market Export to Major Countries |
7.2 Guatemala Cobalt Nitrate Market Imports from Major Countries |
8 Guatemala Cobalt Nitrate Market Key Performance Indicators |
8.1 Number of patents filed for new cobalt nitrate applications |
8.2 Percentage of agricultural companies adopting cobalt nitrate-based products |
8.3 Amount of investment in research and development for cobalt nitrate alternatives |
9 Guatemala Cobalt Nitrate Market - Opportunity Assessment |
9.1 Guatemala Cobalt Nitrate Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Guatemala Cobalt Nitrate Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Guatemala Cobalt Nitrate Market - Competitive Landscape |
10.1 Guatemala Cobalt Nitrate Market Revenue Share, By Companies, 2024 |
10.2 Guatemala Cobalt Nitrate Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |