Price for Steel Alloy Wire of Silico-Manganese Steel in Guatemala - 2024
Contents:
- Price for Steel Alloy Wire of Silico-Manganese Steel in Guatemala (CIF) - 2022
- Price for Steel Alloy Wire of Silico-Manganese Steel in Guatemala (FOB) - 2022
- Imports of Steel Alloy Wire of Silico-Manganese Steel in Guatemala
- Exports of Steel Alloy Wire of Silico-Manganese Steel in Guatemala
Price for Steel Alloy Wire of Silico-Manganese Steel in Guatemala (CIF) - 2022
In 2022, the average import price for steel alloy wire of silico-manganese steels amounted to $1,866 per ton, rising by 21% against the previous year. Overall, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +2.5% 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 steel alloy wire of silico-manganese steels increased by +55.3% against 2019 indices. The pace of growth was the most pronounced in 2021 when the average import price increased by 22%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($3,057 per ton), while the price for the United States ($1,697 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Steel Alloy Wire of Silico-Manganese Steel in Guatemala (FOB) - 2022
In 2022, the average export price for steel alloy wire of silico-manganese steels amounted to $3,719 per ton, jumping by 36% against the previous year. Over the period under review, the export price posted prominent growth. The growth pace was the most rapid in 2021 when the average export price increased by 65% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was El Salvador ($9,366 per ton), while the average price for exports to Belize ($2,476 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 El Salvador (+18.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Steel Alloy Wire of Silico-Manganese Steel in Guatemala
Imports of steel alloy wire of silico-manganese steels into Guatemala dropped rapidly to 234 tons in 2022, shrinking by -26.9% compared with the year before. Over the period under review, imports, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 115%. As a result, imports reached the peak of 320 tons, and then fell notably in the following year.
In value terms, imports of steel alloy wire of silico-manganese steels declined to $436K in 2022. Overall, imports, however, enjoyed significant growth. The growth pace was the most rapid in 2021 with an increase of 162%. As a result, imports reached the peak of $493K, and then shrank in the following year.
| Import of Steel Alloy Wire of Silico-Manganese Steel in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 148 | 121 | 269 | 230 | 15.8% |
| India | N/A | N/A | 170 | 119 | -30.0% |
| Vietnam | 44.1 | 44.7 | 28.7 | 37.3 | -5.4% |
| South Korea | N/A | 11.8 | 9.7 | 27.1 | 51.5% |
| Mexico | N/A | 6.4 | 6.4 | 11.9 | 36.4% |
| United States | 1.1 | 0.6 | N/A | 10.8 | 114.1% |
| Others | 11.0 | 3.3 | 9.7 | N/A | -6.1% |
| Total | 205 | 188 | 493 | 436 | 28.6% |
Top Suppliers of Steel Alloy Wire of Silico-Manganese Steel to Guatemala in 2022:
- China (133.5 tons)
- India (62.7 tons)
- Vietnam (18.3 tons)
- South Korea (8.9 tons)
- United States (6.4 tons)
- Mexico (4.2 tons)
Exports of Steel Alloy Wire of Silico-Manganese Steel in Guatemala
In 2022, approx. 91 tons of steel alloy wire of silico-manganese steels were exported from Guatemala; with a decrease of -21.7% compared with the year before. Overall, exports, however, enjoyed a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of 182% against the previous year. As a result, the exports attained the peak of 116 tons, and then dropped rapidly in the following year.
In value terms, exports of steel alloy wire of silico-manganese steels expanded sharply to $339K in 2022. In general, exports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 366% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.
| Export of Steel Alloy Wire of Silico-Manganese Steel in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| El Salvador | 14.3 | 22.9 | 179 | 135 | 111.3% |
| Honduras | 36.7 | 19.4 | 49.5 | 57.4 | 16.1% |
| Panama | 22.7 | 6.0 | 35.2 | 54.3 | 33.7% |
| Costa Rica | 9.8 | 5.8 | 31.1 | 50.3 | 72.5% |
| Belize | 19.5 | 13.5 | 22.7 | 42.1 | 29.2% |
| Others | N/A | 0.7 | N/A | N/A | 0% |
| Total | 103 | 68.2 | 318 | 339 | 48.7% |
Top Export Markets for Steel Alloy Wire of Silico-Manganese Steel from Guatemala in 2022:
- Honduras (22.0 tons)
- Panama (19.1 tons)
- Costa Rica (18.6 tons)
- Belize (17.0 tons)
- El Salvador (14.4 tons)
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