Price for Steel, Alloy; Angles, Shapes and Sections in Guatemala - 2024
Contents:
- Price for Steel, Alloy; Angles, Shapes and Sections in Guatemala (CIF) - 2022
- Price for Steel, Alloy; Angles, Shapes and Sections in Guatemala (FOB) - 2022
- Imports of Steel, Alloy; Angles, Shapes and Sections in Guatemala
- Exports of Steel, Alloy; Angles, Shapes and Sections in Guatemala
Price for Steel, Alloy; Angles, Shapes and Sections in Guatemala (CIF) - 2022
The average import price for steel, alloy; angles, shapes and sectionses stood at $979 per ton in 2022, with an increase of 18% against the previous year. Over the period under review, the import price, however, recorded a abrupt slump. The most prominent rate of growth was recorded in 2016 when the average import price increased by 106%. The import price peaked at $3,277 per ton in 2018; however, from 2019 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 ($25,094 per ton), while the price for Turkey ($924 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+22.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Steel, Alloy; Angles, Shapes and Sections in Guatemala (FOB) - 2022
In 2022, the average export price for steel, alloy; angles, shapes and sectionses amounted to $2,408 per ton, shrinking by -35.7% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average export price increased by 72% against the previous year. The export price peaked at $4,500 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Belize ($3,377 per ton), while the average price for exports to Panama ($2,222 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 Nicaragua (-5.8%), while the prices for the other major destinations experienced a decline.
Imports of Steel, Alloy; Angles, Shapes and Sections in Guatemala
For the fourth consecutive year, Guatemala recorded growth in overseas purchases of steel, alloy; angles, shapes and sectionses, which increased by 182% to 5.7K tons in 2022. Overall, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 1,401%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the near future.
In value terms, imports of steel, alloy; angles, shapes and sectionses skyrocketed to $5.9M in 2022. Over the period under review, imports posted a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 309%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Steel, Alloy; Angles, Shapes and Sections in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | N/A | 481 | 1,350 | 4,875 | 218.4% |
| Mexico | 76.8 | 60.0 | 40.5 | 735 | 112.3% |
| China | 24.8 | 196 | 207 | 216 | 105.7% |
| Others | 95.2 | 67.0 | 70.2 | 31.7 | -30.7% |
| Total | 197 | 805 | 1,668 | 5,857 | 209.8% |
Top Suppliers of Steel, Alloy; Angles, Shapes and Sections to Guatemala in 2022:
- Turkey (5.3K tons)
- Mexico (0.2K tons)
- China (0.2K tons)
Exports of Steel, Alloy; Angles, Shapes and Sections in Guatemala
Exports of steel, alloy; angles, shapes and sectionses from Guatemala soared to 71 tons in 2022, picking up by 3,447% against the previous year. In general, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of steel, alloy; angles, shapes and sectionses skyrocketed to $169K in 2022. Overall, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Steel, Alloy; Angles, Shapes and Sections in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Nicaragua | N/A | N/A | N/A | 150 | 0% |
| Belize | N/A | N/A | N/A | 15.2 | 0% |
| Panama | N/A | N/A | 2.6 | 3.2 | 23.1% |
| Others | 0.3 | N/A | 4.9 | N/A | 304.1% |
| Total | 0.3 | N/A | 7.5 | 169 | 725.9% |
Top Export Markets for Steel, Alloy; Angles, Shapes and Sections from Guatemala in 2022:
- Nicaragua (65.1 tons)
- Belize (4.5 tons)
- Panama (1.5 tons)
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