Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Ecuador - 2022
Contents:
- Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Ecuador (CIF) - 2022
- Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Ecuador (FOB) - 2022
- Imports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Ecuador
- Exports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Ecuador
Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Ecuador (CIF) - 2022
The average import price for steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia stood at $5,340 per ton in 2022, dropping by -18.9% against the previous year. Over the period under review, the import price, however, recorded a notable expansion. The pace of growth was the most pronounced in 2016 an increase of 86%. The import price peaked at $11,433 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
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 ($18,578 per ton), while the price for Taiwan (Chinese) ($1,807 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 (+27.8%), 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 Ecuador (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 $9,269 per ton, picking up by 42% against the previous year. In general, the export price, however, continues to indicate a drastic downturn. The pace of growth appeared the most rapid in 2018 when the average export price increased by 151%. Over the period under review, the average export prices attained the maximum at $24,844 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Peru.
From 2012 to 2022, the rate of growth in terms of prices for Colombia amounted to +4.2% per year.
Imports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Ecuador
In 2022, overseas purchases of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia were finally on the rise to reach 56 tons after two years of decline. Overall, imports, however, recorded a pronounced downturn.
In value terms, imports of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia surged to $301K in 2022. Over the period under review, imports, however, continue to indicate a sharp contraction.
| Import of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 59.7 | 5.7 | 1.4 | 96.0 | 17.2% |
| United States | 35.1 | 73.1 | 70.2 | 91.4 | 37.6% |
| Sweden | 29.4 | 25.3 | 12.6 | 63.6 | 29.3% |
| Taiwan (Chinese) | 0.2 | N/A | 0.9 | 10.9 | 279.1% |
| United Kingdom | 267 | N/A | 0.7 | 0.2 | -90.9% |
| Ireland | 134 | N/A | N/A | N/A | 0% |
| Brazil | 21.4 | N/A | 2.5 | N/A | -65.8% |
| Others | 103 | 108 | 25.0 | 39.1 | -27.6% |
| Total | 650 | 212 | 113 | 301 | -22.6% |
Top Suppliers of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section to Ecuador in 2022:
- China (25.1 tons)
- Sweden (14.0 tons)
- United States (9.9 tons)
- Taiwan (Chinese) (6.0 tons)
Exports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Ecuador
In 2022, overseas shipments of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia increased by 455% to 1.4 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, continue to indicate a sharp slump.
In value terms, exports of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia surged to $13K in 2022. Over the period under review, exports, however, continue to indicate a deep setback.
| Export of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Peru | N/A | N/A | N/A | 4.8 | 0% |
| Colombia | N/A | 4.0 | N/A | N/A | 0% |
| Brazil | 2.5 | 1.0 | N/A | N/A | -60.0% |
| Others | 13.3 | 0.7 | 1.6 | 8.2 | -14.9% |
| Total | 15.8 | 5.7 | 1.6 | 12.9 | -6.5% |
Top Export Markets for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section from Ecuador in 2022:
- Peru (1151.0 kg)
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