Price for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Venezuela - 2022
Contents:
- Price for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Venezuela (CIF) - 2022
- Imports of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Venezuela
Price for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Venezuela (CIF) - 2022
The average import price for stainless steel, flat-rolled, width less than 600mm, cold-rolleds stood at $3,195 per ton in 2022, declining by -3.6% against the previous year. Overall, import price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.7% 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 +3.5% against 2020 indices. The growth pace was the most rapid in 2018 when the average import price increased by 54%. Over the period under review, average import prices reached the maximum at $5,119 per ton in 2016; however, from 2017 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 Brazil ($13,748 per ton), while the price for Spain ($463 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+21.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Venezuela
In 2022, the amount of stainless steel, flat-rolled, width less than 600mm, cold-rolleds imported into Venezuela totaled 37 tons, picking up by 5.1% against the year before. The total import volume increased at an average annual rate of +5.4% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 23%. As a result, imports attained the peak of 38 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of stainless steel, flat-rolled, width less than 600mm, cold-rolleds stood at $117K in 2022. The total import value increased at an average annual rate of +1.4% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 5.6% against the previous year. As a result, imports reached the peak of $119K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.8 | 57.7 | 22.0 | 46.5 | 195.6% |
| Germany | 64.4 | 37.2 | 63.8 | 42.2 | -13.1% |
| United States | 8.7 | 3.8 | 4.3 | 4.7 | -18.6% |
| Taiwan (Chinese) | 2.9 | 2.2 | 6.0 | 4.2 | 13.1% |
| Spain | 9.9 | 4.7 | 6.7 | 3.7 | -28.0% |
| Colombia | 4.0 | 3.7 | 0.2 | 2.3 | -16.8% |
| Others | 20.6 | 9.3 | 12.5 | 13.6 | -12.9% |
| Total | 112 | 119 | 116 | 117 | 1.5% |
Top Suppliers of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled to Venezuela in 2022:
- China (18.0 tons)
- Germany (8.2 tons)
- Spain (8.0 tons)
- Taiwan (Chinese) (1.0 tons)
- United States (1.0 tons)
- Colombia (0.2 tons)
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