Price for Steel, Stainless; Angles, Shapes and Sections in Guatemala - 2024
Contents:
- Price for Steel, Stainless; Angles, Shapes and Sections in Guatemala (CIF) - 2022
- Price for Steel, Stainless; Angles, Shapes and Sections in Guatemala (FOB) - 2022
- Imports of Steel, Stainless; Angles, Shapes and Sections in Guatemala
- Exports of Steel, Stainless; Angles, Shapes and Sections in Guatemala
Price for Steel, Stainless; Angles, Shapes and Sections in Guatemala (CIF) - 2022
In 2022, the average import price for steel, stainless amounted to $4,196 per ton, picking up by 32% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of 33%. The import price peaked in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($8,760 per ton), while the price for China ($3,064 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+4.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Steel, Stainless; Angles, Shapes and Sections in Guatemala (FOB) - 2022
The average export price for steel, stainless stood at $3,863 per ton in 2022, dropping by -52.2% against the previous year. In general, the export price, however, continues to indicate significant growth. The growth pace was the most rapid in 2013 an increase of 768%. Over the period under review, the average export prices hit record highs at $8,082 per ton in 2021, and then fell significantly in the following year.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Honduras ($4,127 per ton), while the average price for exports to Nicaragua stood at $3,698 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nicaragua (+10.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Steel, Stainless; Angles, Shapes and Sections in Guatemala
In 2022, approx. 160 tons of steel, stainless were imported into Guatemala; waning by -25.7% against the year before. Over the period under review, imports, however, enjoyed resilient growth. The pace of growth was the most pronounced in 2021 with an increase of 99%. As a result, imports reached the peak of 216 tons, and then declined significantly in the following year.
In value terms, imports of steel, stainless reduced to $673K in 2022. Overall, imports, however, recorded significant growth. The growth pace was the most rapid in 2021 with an increase of 158% against the previous year. As a result, imports attained the peak of $695K, and then dropped in the following year.
| Import of Steel, Stainless; Angles, Shapes and Sections in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 239 | 231 | 520 | 527 | 30.2% |
| China | 14.3 | N/A | 73.3 | 78.4 | 76.3% |
| United States | 6.2 | 27.4 | 53.5 | 41.1 | 87.9% |
| Canada | 72.4 | N/A | N/A | N/A | 0% |
| Others | 22.2 | 10.8 | 48.9 | 26.5 | 6.1% |
| Total | 354 | 269 | 695 | 673 | 23.9% |
Top Suppliers of Steel, Stainless; Angles, Shapes and Sections to Guatemala in 2022:
- India (126.6 tons)
- China (25.6 tons)
- United States (4.7 tons)
Exports of Steel, Stainless; Angles, Shapes and Sections in Guatemala
In 2022, shipments abroad of steel, stainless decreased by -56.3% to 2.7 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports saw a abrupt descent. The pace of growth was the most pronounced in 2020 when exports increased by 46% against the previous year. As a result, the exports attained the peak of 7 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of steel, stainless shrank sharply to $11K in 2022. Overall, exports faced a sharp slump. The pace of growth appeared the most rapid in 2021 when exports increased by 6.2% against the previous year. As a result, the exports attained the peak of $24K, and then declined remarkably in the following year.
| Export of Steel, Stainless; Angles, Shapes and Sections in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Nicaragua | 8.2 | 12.9 | 15.0 | 6.2 | -8.9% |
| Honduras | 11.5 | 7.5 | 2.3 | 4.3 | -28.0% |
| El Salvador | N/A | 0.5 | 6.7 | N/A | 1240.0% |
| Others | 2.0 | 1.8 | N/A | N/A | -10.0% |
| Total | 21.6 | 22.7 | 24.1 | 10.6 | -21.1% |
Top Export Markets for Steel, Stainless; Angles, Shapes and Sections from Guatemala in 2022:
- Nicaragua (1.7 tons)
- Honduras (1.1 tons)
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