Colombia - Hot-Rolled Wire Rod In Coil Of Stainless Steel - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Hot-Rolled Wire Stainless Steel Rod in Colombia - 2022
Contents:
- Price for Hot-Rolled Wire Stainless Steel Rod in Colombia (CIF) - 2022
- Price for Hot-Rolled Wire Stainless Steel Rod in Colombia (FOB) - 2022
- Imports of Hot-Rolled Wire Stainless Steel Rod in Colombia
- Exports of Hot-Rolled Wire Stainless Steel Rod in Colombia
Price for Hot-Rolled Wire Stainless Steel Rod in Colombia (CIF) - 2022
The average import price for hot-rolled wire rod in coil of stainless steel stood at $3,650 per ton in 2022, shrinking by -15% against the previous year. Overall, the import price showed a perceptible downturn. The pace of growth was the most pronounced in 2015 an increase of 200%. As a result, import price attained the peak level of $6,354 per ton. From 2016 to 2022, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($4,458 per ton), while the price for China stood at $2,297 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+2.2%), while the prices for the other major suppliers experienced a decline.
Price for Hot-Rolled Wire Stainless Steel Rod in Colombia (FOB) - 2022
The average export price for hot-rolled wire rod in coil of stainless steel stood at $7,631 per ton in 2022, growing by 5.7% against the previous year. Over the period under review, the export price saw significant growth. The most prominent rate of growth was recorded in 2016 when the average export price increased by 131% against the previous year. Over the period under review, the average export prices attained the maximum at $7,921 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Costa Rica.
From 2013 to 2022, the rate of growth in terms of prices for Cuba amounted to 0.0% per year.
Imports of Hot-Rolled Wire Stainless Steel Rod in Colombia
In 2022, the amount of hot-rolled wire rod in coil of stainless steel imported into Colombia dropped markedly to 18 tons, falling by -30.7% compared with the previous year. In general, imports showed a dramatic decline. The pace of growth was the most pronounced in 2021 with an increase of 159%.
In value terms, hot-rolled wire stainless steel rod imports shrank sharply to $66K in 2022. Over the period under review, imports faced a abrupt decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 462% against the previous year. As a result, imports reached the peak of $112K, and then contracted markedly in the following year.
Import of Hot-Rolled Wire Stainless Steel Rod in Colombia (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 32.1 | 1.8 | 16.5 | 45.9 | 12.7% |
India | 8.2 | 0.9 | 0.6 | 2.2 | -35.5% |
Mexico | 54.3 | 16.8 | 93.0 | N/A | 30.9% |
Canada | 6.3 | N/A | N/A | N/A | 0% |
Others | 1.8 | 0.4 | 1.7 | 17.7 | 114.2% |
Total | 103 | 19.9 | 112 | 65.8 | -13.9% |
Top Suppliers of Hot-Rolled Wire Stainless Steel Rod to Colombia in 2022:
- China (20.0 tons)
- India (0.5 tons)
Exports of Hot-Rolled Wire Stainless Steel Rod in Colombia
After two years of decline, overseas shipments of hot-rolled wire rod in coil of stainless steel increased by 20% to 65 kg in 2022. Over the period under review, exports, however, faced a significant curtailment.
In value terms, hot-rolled wire stainless steel rod exports surged to $496 in 2022. In general, exports, however, faced a abrupt descent.
Export of Hot-Rolled Wire Stainless Steel Rod in Colombia (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Costa Rica | N/A | N/A | N/A | 496 | 0% |
Chile | 814 | N/A | N/A | N/A | 0% |
Jamaica | N/A | N/A | 390 | N/A | 0% |
Others | N/A | 602 | N/A | N/A | 0% |
Total | 814 | 602 | 390 | 496 | -15.2% |
Top Export Markets for Hot-Rolled Wire Stainless Steel Rod from Colombia in 2022:
- Costa Rica (65.0 kg)
This report provides an in-depth analysis of the market for hot-rolled wire stainless steel rod in Colombia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 24106300 - Hot-rolled wire rod in coil, of stainless steel
Country coverage:
- Colombia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Colombia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the market for hot-rolled wire stainless steel rod in Colombia.
This report provides an in-depth analysis of the market for hot-rolled steel bar and rod in Colombia.
This report provides an in-depth analysis of the hot-rolled wire rod market in Colombia.
This report provides an in-depth analysis of the global market for hot-rolled wire stainless steel rod.
This report provides an in-depth analysis of the global market for hot-rolled steel bar and rod.
Global Hot-Rolled Wire Rod Market Report 2018. This report provides an in-depth analysis of the global hot-rolled wire rod market.
This report provides an in-depth analysis of the market for hot-rolled wire stainless steel rod in Colombia.
This report provides an in-depth analysis of the global market for hot-rolled wire stainless steel rod.
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