| Product Code: ETC5352226 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Guatemala`s cobalt sulfate import market saw a shift in concentration levels from very high in 2023 to high in 2024, indicating a more balanced distribution among top exporting countries. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) over the period 2020-2024 remained strong at 6.16%. Key exporters to Guatemala in 2024 are China, Mexico, Germany, Colombia, and Switzerland, showcasing diverse trade relationships in the cobalt sulfate market.

In the Latin America region, the Cobalt Sulfate market in Guatemala is projected to expand at a high growth rate of 10.08% 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 Sulfate Market Overview |
3.1 Guatemala Country Macro Economic Indicators |
3.2 Guatemala Cobalt Sulfate Market Revenues & Volume, 2021 & 2031F |
3.3 Guatemala Cobalt Sulfate Market - Industry Life Cycle |
3.4 Guatemala Cobalt Sulfate Market - Porter's Five Forces |
3.5 Guatemala Cobalt Sulfate Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Guatemala Cobalt Sulfate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for rechargeable batteries in industries such as electronics, automotive, and energy storage, where cobalt sulfate is a key ingredient. |
4.2.2 Growing awareness and adoption of electric vehicles, which require cobalt sulfate in their battery production. |
4.2.3 Technological advancements leading to the development of new applications for cobalt sulfate, such as in aerospace and healthcare sectors. |
4.3 Market Restraints |
4.3.1 Volatility in cobalt prices due to supply chain disruptions or geopolitical factors impacting the availability of cobalt sulfate. |
4.3.2 Environmental concerns and regulations regarding cobalt mining and processing, affecting the sourcing and production of cobalt sulfate. |
5 Guatemala Cobalt Sulfate Market Trends |
6 Guatemala Cobalt Sulfate Market Segmentations |
6.1 Guatemala Cobalt Sulfate Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Guatemala Cobalt Sulfate Market Revenues & Volume, By Battery, 2021-2031F |
6.1.3 Guatemala Cobalt Sulfate Market Revenues & Volume, By Pigment, 2021-2031F |
6.1.4 Guatemala Cobalt Sulfate Market Revenues & Volume, By Others, 2021-2031F |
7 Guatemala Cobalt Sulfate Market Import-Export Trade Statistics |
7.1 Guatemala Cobalt Sulfate Market Export to Major Countries |
7.2 Guatemala Cobalt Sulfate Market Imports from Major Countries |
8 Guatemala Cobalt Sulfate Market Key Performance Indicators |
8.1 Average selling price of cobalt sulfate in Guatemala. |
8.2 Number of new product launches or applications utilizing cobalt sulfate. |
8.3 Investment in cobalt mining and processing infrastructure in Guatemala. |
8.4 Adoption rate of electric vehicles in Guatemala. |
8.5 Research and development expenditure in the cobalt sulfate industry in Guatemala. |
9 Guatemala Cobalt Sulfate Market - Opportunity Assessment |
9.1 Guatemala Cobalt Sulfate Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Guatemala Cobalt Sulfate Market - Competitive Landscape |
10.1 Guatemala Cobalt Sulfate Market Revenue Share, By Companies, 2024 |
10.2 Guatemala Cobalt Sulfate Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |