Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Guatemala - 2024
Contents:
- Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Guatemala (CIF) - 2022
- Imports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Guatemala
Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Guatemala (CIF) - 2022
In 2022, the average import price for steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses amounted to $1,159 per ton, picking up by 14% against the previous year. Over the period under review, the import price, however, recorded a mild shrinkage. The pace of growth appeared the most rapid in 2018 when the average import price increased by 30%. Over the period under review, average import prices hit record highs at $1,355 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($1,162 per ton), while the price for Mexico totaled $959 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+15.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Guatemala
In 2022, supplies from abroad of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses decreased by -11.4% to 194 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 109% against the previous year.
In value terms, imports of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses stood at $225K in 2022. Overall, imports, however, recorded significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 112%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.
| Import of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 64.8 | 93.9 | 2.0 | 209 | 47.7% |
| Mexico | 0.1 | 0.4 | 0.1 | 13.1 | 407.9% |
| Russia | N/A | N/A | 110 | N/A | 0% |
| Turkey | N/A | N/A | 111 | N/A | 0% |
| Brazil | N/A | 42.2 | N/A | N/A | 0% |
| Others | N/A | 0.8 | 0.1 | 2.7 | 83.7% |
| Total | 64.9 | 137 | 224 | 225 | 51.3% |
Top Suppliers of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils to Guatemala in 2022:
- China (180.1 tons)
- Mexico (13.7 tons)
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