Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Colombia - 2022
Contents:
- Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Colombia (CIF) - 2022
- Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Colombia (FOB) - 2022
- Imports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Colombia
- Exports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Colombia
Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Colombia (CIF) - 2022
In 2022, the average import price for steel, stainless; semi-finished products, other than of rectangular cross-sectia amounted to $2,964 per ton, with a decrease of -52.9% against the previous year. Over the period under review, the import price continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2019 an increase of 44%. As a result, import price attained the peak level of $9,811 per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Sweden ($3,079 per ton), while the price for the United States stood at $2,878 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Panama (+17.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Colombia (FOB) - 2022
In 2022, the average export price for steel, stainless; semi-finished products, other than of rectangular cross-sectia amounted to $15,406 per ton, with an increase of 38% against the previous year. Overall, export price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for steel, stainless; semi-finished products, other than of rectangular cross-sectia increased by +58.7% against 2019 indices. The pace of growth was the most pronounced in 2014 an increase of 52% against the previous year. The export price peaked at $20,000 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Ecuador ($27,000 per ton), while the average price for exports to the United States ($10,500 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 the Dominican Republic (+8.2%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Colombia
For the fourth year in a row, Colombia recorded growth in supplies from abroad of steel, stainless; semi-finished products, other than of rectangular cross-sectia, which increased by 213% to 51 tons in 2022. Overall, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of steel, stainless; semi-finished products, other than of rectangular cross-sectia soared to $152K in 2022. Over the period under review, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Colombia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 7.8 | 25.4 | 30.1 | 144 | 164.3% |
Sweden | 1.3 | 2.6 | 3.9 | 3.1 | 33.6% |
Panama | 12.3 | 25.9 | 30.0 | N/A | 56.2% |
Netherlands | 33.7 | 21.7 | 29.2 | N/A | -6.9% |
Others | 2.1 | 3.3 | 10.0 | 4.8 | 31.7% |
Total | 57.2 | 78.8 | 103 | 152 | 38.5% |
Top Suppliers of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section to Colombia in 2022:
- United States (50.1 tons)
- Sweden (1.0 tons)
Exports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Colombia
In 2022, exports of steel, stainless; semi-finished products, other than of rectangular cross-sectia from Colombia soared to 106 kg, rising by 56% compared with the previous year's figure. In general, exports recorded a modest increase. The most prominent rate of growth was recorded in 2020 with an increase of 101%. As a result, the exports reached the peak of 207 kg. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of steel, stainless; semi-finished products, other than of rectangular cross-sectia surged to $1.6K in 2022. Over the period under review, exports recorded a strong expansion. The pace of growth appeared the most rapid in 2020 with an increase of 150%. As a result, the exports reached the peak of $2.5K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
Export of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Colombia (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Panama | 581 | 1,429 | 406 | 799 | 11.2% |
Dominican Republic | 327 | 967 | 330 | 774 | 33.3% |
United States | 18.0 | 38.0 | 8.0 | 21.0 | 5.3% |
Aruba | N/A | N/A | 5.0 | N/A | 0% |
Others | 74.0 | 68.0 | 12.0 | 39.0 | -19.2% |
Total | 1,000 | 2,502 | 761 | 1,633 | 17.8% |
Top Export Markets for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section from Colombia in 2022:
- Panama (60.0 kg)
- Dominican Republic (42.0 kg)
- United States (2.0 kg)
This report provides an in-depth analysis of the market for stainless steel in ingots or other primary forms in Colombia.
This report provides an in-depth analysis of the market for raw steel and steel semi-finished products in Colombia.
This report provides an in-depth analysis of the global market for stainless steel in ingots or other primary forms.
This report provides an in-depth analysis of the global market for raw steel and steel semi-finished products.
This report provides an in-depth analysis of the market for stainless steel in ingots or other primary forms in Colombia.
This report provides an in-depth analysis of the global market for stainless steel in ingots or other primary forms.
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