Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Guatemala - 2023

Contents:

1. Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Guatemala (CIF) - 2023
2. Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Guatemala (FOB) - 2022
3. Imports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Guatemala
4. Exports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Guatemala

Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Guatemala (CIF) - 2023

The average import price for alloy steel flat-rolled products, of a width of less than 600mms stood at $1,840 per ton in June 2023, growing by 14% against the previous month. Over the period from December 2022 to June 2023, it increased at an average monthly rate of +2.8%. The pace of growth was the most pronounced in February 2023 when the average import price increased by 37% against the previous month. As a result, import price attained the peak level of $2,225 per ton. From March 2023 to June 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was South Korea ($2,456 per ton), while the price for China ($1,200 per ton) was amongst the lowest.

From December 2022 to June 2023, the most notable rate of growth in terms of prices was attained by China (+2.0%), while the prices for the other major suppliers experienced a decline.

Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Guatemala (FOB) - 2022

The average export price for alloy steel flat-rolled products, of a width of less than 600mms stood at $4,435 per ton in 2022, with an increase of 171% against the previous year. Overall, the export price saw a prominent expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was El Salvador ($4,786 per ton), while the average price for exports to Costa Rica ($1,275 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Costa Rica (+23.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Guatemala

For the fourth consecutive year, Guatemala recorded growth in overseas purchases of alloy steel flat-rolled products, of a width of less than 600mms, which increased by 46% to 9.7K tons in 2022. Overall, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of alloy steel flat-rolled products, of a width of less than 600mms surged to $15M in 2022. In general, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm to Guatemala in 2022:

1. China (7.2K tons)
2. South Korea (2.2K tons)

Exports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Guatemala

In 2022, the amount of alloy steel flat-rolled products, of a width of less than 600mms exported from Guatemala surged to 158 tons, picking up by 39% on the previous year's figure. Overall, exports posted significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 31,425% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, exports of alloy steel flat-rolled products, of a width of less than 600mms soared to $700K in 2022. In general, exports continue to indicate significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 28,826%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

Top Export Markets for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm from Guatemala in 2022:

1. El Salvador (140.4 tons)
2. Costa Rica (12.9 tons)
3. Belgium (4.6 tons)

Source: IndexBox Market Intelligence Platform