Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Guatemala - 2023
Contents:
- Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Guatemala (CIF) - 2022
- Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Guatemala (FOB) - 2022
- Imports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Guatemala
- Exports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Guatemala
Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Guatemala (CIF) - 2022
In 2022, the average import price for iron or steel; non-threaded cotters and cotter-pinses amounted to $8,710 per ton, growing by 23% against the previous year. In general, the import price, however, recorded a perceptible curtailment. Over the period under review, average import prices attained the peak figure at $11,374 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($21,152 per ton), while the price for Peru ($2,721 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Guatemala (FOB) - 2022
The average export price for iron or steel; non-threaded cotters and cotter-pinses stood at $15,854 per ton in 2022, increasing by 160% against the previous year. In general, the export price continues to indicate a buoyant increase. 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 the United States ($57,694 per ton), while the average price for exports to Honduras ($6,158 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 the United States (+35.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Guatemala
In 2022, after three years of growth, there was significant decline in supplies from abroad of iron or steel; non-threaded cotters and cotter-pinses, when their volume decreased by -28.3% to 101 tons. Over the period under review, total imports indicated a mild increase from 2019 to 2022: its volume increased at an average annual rate of +1.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +4.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 40% against the previous year. As a result, imports reached the peak of 141 tons, and then contracted remarkably in the following year.
In value terms, imports of iron or steel; non-threaded cotters and cotter-pinses shrank to $879K in 2022. The total import value increased at an average annual rate of +5.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 33%. As a result, imports reached the peak of $996K, and then reduced in the following year.
| Import of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 121 | 160 | 317 | 302 | 35.6% |
| United States | 283 | 358 | 283 | 156 | -18.0% |
| Spain | 63.1 | 55.6 | 56.1 | 77.9 | 7.3% |
| Colombia | 16.8 | 16.5 | 62.9 | 46.5 | 40.4% |
| Brazil | 18.3 | 16.9 | 31.4 | 39.1 | 28.8% |
| Peru | N/A | 0.2 | 13.0 | 29.6 | 1116.6% |
| India | 67.1 | 4.7 | 40.1 | 23.4 | -29.6% |
| Mexico | 40.6 | 27.8 | 32.3 | 17.4 | -24.6% |
| Panama | 92.2 | 37.9 | 49.4 | N/A | -26.8% |
| Others | 52.1 | 73.7 | 110 | 186 | 52.8% |
| Total | 755 | 752 | 996 | 879 | 5.2% |
Top Suppliers of Iron or Steel; Non-Threaded Cotters and Cotter-Pins to Guatemala in 2022:
- China (54.1 tons)
- Peru (10.9 tons)
- Spain (9.0 tons)
- United States (7.4 tons)
- Colombia (4.1 tons)
- India (2.8 tons)
- Brazil (2.6 tons)
- Mexico (2.2 tons)
Exports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Guatemala
Exports of iron or steel; non-threaded cotters and cotter-pinses from Guatemala expanded rapidly to 1.3 tons in 2022, growing by 13% against 2021. Overall, exports enjoyed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 430%. As a result, the exports reached the peak of 3.6 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of iron or steel; non-threaded cotters and cotter-pinses soared to $21K in 2022. Over the period under review, exports showed significant growth. The growth pace was the most rapid in 2020 when exports increased by 522%. As a result, the exports reached the peak of $32K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 0.7 | 24.0 | 0.4 | 11.3 | 152.7% |
| El Salvador | 0.6 | 1.3 | 3.7 | 6.0 | 115.4% |
| Honduras | 3.2 | 4.2 | 1.8 | 3.3 | 1.0% |
| Nicaragua | N/A | 0.7 | 0.9 | N/A | 28.6% |
| Bahamas | N/A | 0.7 | N/A | N/A | 0% |
| Others | 0.6 | 0.9 | 0.2 | N/A | -42.3% |
| Total | 5.1 | 31.8 | 7.0 | 20.5 | 59.0% |
Top Export Markets for Iron or Steel; Non-Threaded Cotters and Cotter-Pins from Guatemala in 2022:
- El Salvador (569.0 kg)
- Honduras (530.0 kg)
- United States (196.0 kg)
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