Price for Steel, Stainless; Angles, Shapes and Sections in Venezuela - 2022
Contents:
- Price for Steel, Stainless; Angles, Shapes and Sections in Venezuela (CIF) - 2022
- Imports of Steel, Stainless; Angles, Shapes and Sections in Venezuela
Price for Steel, Stainless; Angles, Shapes and Sections in Venezuela (CIF) - 2022
In 2022, the average import price for steel, stainless amounted to $3,506 per ton, rising by 4.7% against the previous year. Overall, the import price showed perceptible growth. The most prominent rate of growth was recorded in 2014 an increase of 95% against the previous year. The import price peaked at $6,724 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($4,078 per ton), while the price for the Netherlands ($1,563 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+0.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Steel, Stainless; Angles, Shapes and Sections in Venezuela
Imports of steel, stainless into Venezuela fell sharply to 77 tons in 2022, declining by -18.5% compared with the year before. In general, imports, however, saw a significant increase. The growth pace was the most rapid in 2021 with an increase of 581% against the previous year. As a result, imports reached the peak of 95 tons, and then reduced dramatically in the following year.
In value terms, imports of steel, stainless declined to $271K in 2022. Overall, imports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 511%. As a result, imports attained the peak of $317K, and then reduced in the following year.
Import of Steel, Stainless; Angles, Shapes and Sections in Venezuela (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 14.6 | 3.1 | 94.4 | 107 | 94.2% |
Spain | 21.0 | 14.1 | 68.5 | 36.3 | 20.0% |
United States | 14.2 | 9.4 | 42.7 | 34.8 | 34.8% |
Italy | 16.1 | 9.4 | 37.8 | 27.2 | 19.1% |
Netherlands | 1.1 | 0.7 | 3.4 | 2.9 | 38.1% |
India | 1.4 | 0.8 | 3.0 | 2.1 | 14.5% |
Others | 17.4 | 14.4 | 67.4 | 60.2 | 51.2% |
Total | 85.7 | 51.9 | 317 | 271 | 46.8% |
Top Suppliers of Steel, Stainless; Angles, Shapes and Sections to Venezuela in 2022:
- China (36.2 tons)
- Spain (15.5 tons)
- Italy (12.8 tons)
- United States (8.5 tons)
- Netherlands (1.8 tons)
- India (0.9 tons)
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