Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Colombia - 2022
Contents:
- Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Colombia (CIF) - 2022
- Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Colombia (FOB) - 2022
- Imports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Colombia
- Exports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Colombia
Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Colombia (CIF) - 2022
The average import price for steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia stood at $8,445 per ton in 2022, increasing by 2.7% against the previous year. Over the last decade, it increased at an average annual rate of +2.9%. The most prominent rate of growth was recorded in 2018 an increase of 21%. As a result, import price attained the peak level of $9,293 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.
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 Japan ($33,090 per ton), while the price for Panama ($3,404 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+34.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Colombia (FOB) - 2022
In 2022, the average export price for steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia amounted to $23,098 per ton, growing by 270% against the previous year. Over the period under review, the export price saw a perceptible increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Uruguay ($30,738 per ton), while the average price for exports to the Dominican Republic ($865 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 Bolivia (+64.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Colombia
In 2022, the amount of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia imported into Colombia fell significantly to 309 tons, dropping by -17.7% compared with 2021. Over the period under review, imports recorded a perceptible setback. The most prominent rate of growth was recorded in 2021 with an increase of 256% against the previous year. As a result, imports attained the peak of 375 tons, and then reduced sharply in the following year.
In value terms, imports of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia contracted remarkably to $2.6M in 2022. Overall, imports saw a mild slump. The pace of growth appeared the most rapid in 2021 with an increase of 325% against the previous year. As a result, imports attained the peak of $3.1M, and then fell remarkably in the following year.
| Import of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 903 | 343 | 1,068 | 1,060 | 5.5% |
| United States | 824 | 166 | 595 | 989 | 6.3% |
| Germany | 89.3 | 11.9 | 262 | 61.9 | -11.5% |
| Japan | 69.9 | 18.9 | 775 | 38.8 | -17.8% |
| Panama | N/A | N/A | N/A | 20.1 | 0% |
| Austria | 393 | 10.6 | 27.2 | 3.8 | -78.7% |
| Spain | 23.9 | 26.6 | 90.5 | 1.4 | -61.2% |
| Others | 409 | 150 | 268 | 433 | 1.9% |
| Total | 2,711 | 726 | 3,086 | 2,607 | -1.3% |
Top Suppliers of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section to Colombia in 2022:
- China (203.9 tons)
- United States (77.4 tons)
- Panama (5.9 tons)
- Germany (2.4 tons)
- Japan (1.2 tons)
- Austria (0.1 tons)
- Spain (0.1 tons)
Exports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Colombia
In 2022, exports of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia from Colombia soared to 1.4 tons, jumping by 95% compared with 2021. Over the period under review, exports, however, continue to indicate a sharp descent. The pace of growth was the most pronounced in 2021 with an increase of 11,467%.
In value terms, exports of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia surged to $31K in 2022. In general, exports, however, saw a pronounced descent. The most prominent rate of growth was recorded in 2021 when exports increased by 25,406%.
| Export of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uruguay | N/A | N/A | N/A | 28.5 | 0% |
| Australia | N/A | N/A | N/A | 1.3 | 0% |
| Costa Rica | 13.6 | N/A | 2.5 | 0.4 | -69.1% |
| Ecuador | 7.4 | N/A | 1.1 | 0.4 | -62.2% |
| Brazil | N/A | N/A | N/A | 0.3 | 0% |
| Dominican Republic | N/A | N/A | N/A | 0.1 | 0% |
| Bolivia | 11.9 | N/A | N/A | N/A | 0% |
| United States | 1.1 | N/A | N/A | N/A | 0% |
| Others | 1.0 | N/A | 0.8 | 0.3 | -33.1% |
| Total | 35.0 | N/A | 4.3 | 31.2 | -3.8% |
Top Export Markets for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section from Colombia in 2022:
- Uruguay (926.0 kg)
- Dominican Republic (111.0 kg)
- Australia (104.0 kg)
- Brazil (91.0 kg)
- Costa Rica (55.0 kg)
- Ecuador (34.0 kg)
- United States (1.0 kg)
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