The export volumes of Kaolin and other kaolinic clays from Guatemala have shown fluctuations over the past decade. Starting from 2.8123 million kilograms in 2013, the export volume decreased significantly by 40.1% in 2014. Despite some year-on-year growth points like the 4.51% in 2015 and the 19.68% increase in 2021, the trend has largely been downward, especially post-2013, highlighted by a notable decrease of 17.56% in 2020. As of 2023, the volume of exports stands at 1.5885 million kilograms. The last two years have shown subtle declines with a decrease of 0.66% in 2022 and 0.65% in 2023. The Compound Annual Growth Rate (CAGR) over the past 5 years sits at -0.67%. Looking ahead from 2024 to 2028, the forecast suggests a further slight decrease with a forecasted 5-year CAGR of -0.55%, predicting the volume to reduce to 1.5342 million kilograms by 2028.
Future trends to watch for include potential impacts of global economic conditions, technological advancements in kaolin processing, and shifts in demand from major importers. Monitoring changes in international trade regulations and exploring markets where sustainability and eco-friendly products are in demand could open new avenues for growth in the sector.
