Price for Steel, Alloy; Semi-Finished Products in Guatemala - 2023
Contents:
- Price for Steel, Alloy; Semi-Finished Products in Guatemala (CIF) - 2022
- Price for Steel, Alloy; Semi-Finished Products in Guatemala (FOB) - 2022
- Imports of Steel, Alloy; Semi-Finished Products in Guatemala
- Exports of Steel, Alloy; Semi-Finished Products in Guatemala
Price for Steel, Alloy; Semi-Finished Products in Guatemala (CIF) - 2022
In 2022, the average steel, alloy; semi-finished products import price amounted to $2,947 per ton, surging by 18% against the previous year. In general, the import price, however, saw a noticeable reduction. The growth pace was the most rapid in 2019 an increase of 41% against the previous year. The import price peaked at $4,884 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($4,742 per ton), while the price for the United States ($1,479 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+45.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Steel, Alloy; Semi-Finished Products in Guatemala (FOB) - 2022
In 2022, the average steel, alloy; semi-finished products export price amounted to $6,110 per ton, dropping by -11.5% against the previous year. Over the period under review, the export price, however, showed measured growth. The pace of growth was the most pronounced in 2013 when the average export price increased by 1,331% against the previous year. As a result, the export price reached the peak level of $55,187 per ton. From 2014 to 2022, the average export prices remained at a lower figure.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Honduras ($7,151 per ton), while the average price for exports to El Salvador totaled $6,049 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nicaragua (+57.9%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Steel, Alloy; Semi-Finished Products in Guatemala
In 2022, overseas purchases of steel, alloy; semi-finished productses were finally on the rise to reach 170 tons for the first time since 2019, thus ending a two-year declining trend. Overall, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +10.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, steel, alloy; semi-finished products imports surged to $500K in 2022. In general, imports recorded resilient growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Steel, Alloy; Semi-Finished Products in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 7.6 | 70.1 | 138 | 248 | 219.6% |
| Austria | N/A | N/A | 17.8 | 95.1 | 434.3% |
| Sweden | 91.0 | 97.8 | 46.2 | 55.7 | -15.1% |
| China | 23.8 | 61.4 | N/A | 53.9 | 31.3% |
| Germany | 25.8 | N/A | 27.3 | 18.9 | -9.9% |
| France | N/A | N/A | 17.2 | 10.8 | -37.2% |
| Romania | N/A | N/A | 2.1 | 7.5 | 257.1% |
| United States | 21.7 | N/A | 0.4 | 1.5 | -59.0% |
| Belgium | 121 | N/A | N/A | N/A | 0% |
| Others | 7.3 | 36.0 | 6.1 | 8.8 | 6.4% |
| Total | 298 | 265 | 255 | 500 | 18.8% |
Top Suppliers of Steel, Alloy; Semi-Finished Products to Guatemala in 2022:
- Spain (99.0 tons)
- Austria (21.6 tons)
- China (20.4 tons)
- Sweden (11.7 tons)
- Germany (7.1 tons)
- France (2.9 tons)
- Romania (2.7 tons)
- United States (1.0 tons)
Exports of Steel, Alloy; Semi-Finished Products in Guatemala
In 2022, the amount of steel, alloy; semi-finished productses exported from Guatemala soared to 6 tons, increasing by 82% against the previous year. Overall, exports enjoyed a buoyant increase. The growth pace was the most rapid in 2021 when exports increased by 213% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in years to come.
In value terms, steel, alloy; semi-finished products exports skyrocketed to $37K in 2022. In general, exports recorded a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 385% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Steel, Alloy; Semi-Finished Products in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| El Salvador | 3.8 | N/A | 4.1 | 34.3 | 108.2% |
| Honduras | 2.1 | 0.2 | 15.7 | 2.4 | 4.6% |
| Nicaragua | 4.6 | 4.5 | 3.0 | N/A | -19.2% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 10.5 | 4.7 | 22.8 | 36.7 | 51.8% |
Top Export Markets for Steel, Alloy; Semi-Finished Products from Guatemala in 2022:
- El Salvador (5.7 tons)
- Honduras (0.3 tons)
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