Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Colombia - 2022
Contents:
- Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Colombia (CIF) - 2022
- Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Colombia (FOB) - 2022
- Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Colombia
- Exports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Colombia
Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Colombia (CIF) - 2022
In February 2022, the average import price for iron or non-alloy steel wire, plated or coated with non-zinc base metalses amounted to $4,554 per ton, rising by 25% against the previous month. Overall, the import price enjoyed a temperate expansion. The pace of growth appeared the most rapid in May 2021 an increase of 338% month-to-month. The import price peaked at $7,241 per ton in June 2021; however, from July 2021 to February 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($7,961 per ton), while the price for China stood at $2,039 per ton.
From February 2021 to February 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Colombia (FOB) - 2022
In 2022, the average export price for iron or non-alloy steel wire, plated or coated with non-zinc base metalses amounted to $3,300 per ton, picking up by 28% against the previous year. Overall, export price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for iron or non-alloy steel wire, plated or coated with non-zinc base metalses increased by +74.7% against 2013 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Mexico ($3,393 per ton), while the average price for exports to the United States totaled $3,323 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+6.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Colombia
Imports of iron or non-alloy steel wire, plated or coated with non-zinc base metalses into Colombia reduced to 483 tons in 2022, which is down by -10.1% compared with 2021. Over the period under review, imports, however, showed buoyant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 78% against the previous year. As a result, imports attained the peak of 537 tons, and then fell in the following year.
In value terms, imports of iron or non-alloy steel wire, plated or coated with non-zinc base metalses dropped slightly to $2.2M in 2022. In general, imports, however, saw a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 133%. As a result, imports reached the peak of $2.3M, and then reduced slightly in the following year.
| Import of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 745 | 826 | 1,120 | 1,370 | 22.5% |
| Mexico | N/A | N/A | 782 | 443 | -43.4% |
| China | 198 | 144 | 360 | 411 | 27.6% |
| Poland | N/A | N/A | N/A | 16.2 | 0% |
| Czech Republic | 26.8 | 25.8 | 56.5 | 9.6 | -29.0% |
| Others | 10.0 | N/A | 0.8 | N/A | -71.7% |
| Total | 980 | 996 | 2,320 | 2,250 | 31.9% |
Top Suppliers of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals to Colombia in 2022:
- China (210.8 tons)
- United States (179.0 tons)
- Mexico (80.2 tons)
- Poland (9.0 tons)
- Czech Republic (4.0 tons)
Exports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Colombia
In 2022, overseas shipments of iron or non-alloy steel wire, plated or coated with non-zinc base metalses were finally on the rise to reach 195 tons after two years of decline. Over the period under review, exports, however, continue to indicate a abrupt slump.
In value terms, exports of iron or non-alloy steel wire, plated or coated with non-zinc base metalses skyrocketed to $644K in 2022. Overall, exports, however, saw a abrupt descent.
| Export of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 160 | 260 | 151 | 488 | 45.0% |
| Mexico | 682 | 423 | 33.2 | 155 | -39.0% |
| Others | N/A | 1.9 | N/A | 0.6 | -43.8% |
| Total | 842 | 685 | 184 | 644 | -8.5% |
Top Export Markets for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals from Colombia in 2022:
- United States (147.0 tons)
- Mexico (45.6 tons)
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