Price for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Colombia - 2024

Contents:

1. Price for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Colombia (CIF) - 2022
2. Price for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Colombia (FOB) - 2022
3. Imports of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Colombia
4. Exports of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Colombia

Price for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Colombia (CIF) - 2022

The average import price for stainless steel, flat-rolled, width less than 600mm, cold-rolleds stood at $3,565 per ton in 2022, picking up by 23% against the previous year. Over the period under review, import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for stainless steel, flat-rolled, width less than 600mm, cold-rolleds increased by +68.1% against 2016 indices. The pace of growth was the most pronounced in 2021 when the average import price increased by 25% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($33,225 per ton), while the price for Estonia ($2,198 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+36.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Colombia (FOB) - 2022

In 2022, the average export price for stainless steel, flat-rolled, width less than 600mm, cold-rolleds amounted to $7,775 per ton, with an increase of 4.3% against the previous year. In general, the export price showed a measured increase. The pace of growth was the most pronounced in 2017 when the average export price increased by 80%. The export price peaked at $10,871 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Guatemala ($10,415 per ton), while the average price for exports to Panama ($2,127 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 Guatemala (+8.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Colombia

In 2022, the amount of stainless steel, flat-rolled, width less than 600mm, cold-rolleds imported into Colombia expanded to 1.6K tons, with an increase of 4.9% against the year before. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +9.6% 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 +67.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 59%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of stainless steel, flat-rolled, width less than 600mm, cold-rolleds skyrocketed to $5.6M in 2022. In general, imports saw a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 100%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Top Suppliers of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled to Colombia in 2022:

1. China (624.1 tons)
2. Turkey (497.9 tons)
3. Mexico (344.2 tons)
4. Brazil (38.5 tons)
5. Estonia (26.1 tons)
6. Taiwan (Chinese) (25.4 tons)

Exports of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Colombia

In 2022, approx. 6.9 tons of stainless steel, flat-rolled, width less than 600mm, cold-rolleds were exported from Colombia; picking up by 53% against 2021 figures. Over the period under review, exports posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 133%. As a result, the exports reached the peak of 9.3 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of stainless steel, flat-rolled, width less than 600mm, cold-rolleds surged to $54K in 2022. Overall, exports enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2020 with an increase of 70% against the previous year. As a result, the exports attained the peak of $74K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Top Export Markets for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled from Colombia in 2022:

1. Guatemala (2521.0 kg)
2. Ecuador (1861.0 kg)
3. Chile (1474.0 kg)
4. Venezuela (705.0 kg)
5. United States (187.0 kg)
6. Honduras (123.0 kg)

Source: IndexBox Market Intelligence Platform