Price for Steel, Alloy; Semi-Finished Products in Colombia - 2022
Contents:
- Price for Steel, Alloy; Semi-Finished Products in Colombia (CIF) - 2022
- Price for Steel, Alloy; Semi-Finished Products in Colombia (FOB) - 2022
- Imports of Steel, Alloy; Semi-Finished Products in Colombia
- Exports of Steel, Alloy; Semi-Finished Products in Colombia
Price for Steel, Alloy; Semi-Finished Products in Colombia (CIF) - 2022
The average steel, alloy; semi-finished products import price stood at $7,218 per ton in 2022, dropping by -32.3% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average import price increased by 56% against the previous year. Over the period under review, average import prices reached the peak figure at $10,666 per ton in 2021, and then contracted remarkably in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Austria ($42,986 per ton), while the price for Mexico ($1,427 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+5.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Steel, Alloy; Semi-Finished Products in Colombia (FOB) - 2022
In 2022, the average steel, alloy; semi-finished products export price amounted to $8,470 per ton, growing by 21% against the previous year. Over the period under review, the export price, however, showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2016 when the average export price increased by 28%. The export price peaked at $14,273 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Israel.
From 2012 to 2022, the rate of growth in terms of prices for Israel amounted to -5.1% per year.
Imports of Steel, Alloy; Semi-Finished Products in Colombia
In 2022, the amount of steel, alloy; semi-finished productses imported into Colombia declined to 26 tons, falling by -3.8% against the year before. Over the period under review, imports, however, recorded significant growth. The pace of growth was the most pronounced in 2021 with an increase of 155%. As a result, imports reached the peak of 27 tons, and then fell modestly in the following year.
In value terms, steel, alloy; semi-finished products imports dropped dramatically to $187K in 2022. Overall, imports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 231%. As a result, imports attained the peak of $287K, and then dropped significantly in the following year.
| Import of Steel, Alloy; Semi-Finished Products in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 14.6 | 15.3 | 150 | 120 | 101.8% |
| Austria | 3.2 | 3.6 | 21.2 | 17.0 | 74.5% |
| United States | 10.8 | 8.4 | 63.1 | 14.3 | 9.8% |
| Mexico | 8.1 | 3.9 | 12.9 | 8.6 | 2.0% |
| Italy | 4.3 | 1.3 | 0.7 | 4.1 | -1.6% |
| Brazil | 8.0 | 1.4 | 4.4 | 2.8 | -29.5% |
| China | 3.7 | 0.5 | 2.9 | 2.8 | -8.9% |
| Turkey | 48.6 | 52.0 | N/A | N/A | 7.0% |
| Canada | N/A | N/A | 5.9 | N/A | 0% |
| Others | 0.7 | 0.3 | 25.8 | 17.1 | 190.2% |
| Total | 102 | 86.7 | 287 | 187 | 22.4% |
Top Suppliers of Steel, Alloy; Semi-Finished Products to Colombia in 2022:
- Sweden (15.5 tons)
- Mexico (6.1 tons)
- China (1.3 tons)
- Brazil (0.7 tons)
- United States (0.6 tons)
- Italy (0.4 tons)
- Austria (0.4 tons)
Exports of Steel, Alloy; Semi-Finished Products in Colombia
In 2022, shipments abroad of steel, alloy; semi-finished productses was finally on the rise to reach 2.3 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, faced a precipitous decline.
In value terms, steel, alloy; semi-finished products exports surged to $19K in 2022. Over the period under review, exports, however, recorded a sharp contraction.
| Export of Steel, Alloy; Semi-Finished Products in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Israel | 40.6 | 32.0 | 6.1 | 19.1 | -22.2% |
| Ecuador | N/A | N/A | 0.2 | N/A | 0% |
| Chile | 17.0 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 57.6 | 32.0 | 6.3 | 19.1 | -30.8% |
Top Export Markets for Steel, Alloy; Semi-Finished Products from Colombia in 2022:
- Israel (2.3 tons)
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