Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Venezuela - 2022
Contents:
- Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Venezuela (CIF) - 2022
- Imports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Venezuela
Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Venezuela (CIF) - 2022
In 2022, the average import price for steel, stainless; semi-finished products, other than of rectangular cross-sectia amounted to $28,981 per ton, approximately mirroring the previous year. In general, the import price saw resilient growth. The pace of growth appeared the most rapid in 2018 when the average import price increased by 68% against the previous year. The import price peaked at $31,975 per ton in 2019; however, from 2020 to 2022, import prices stood 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 the United States ($38,247 per ton), while the price for Brazil ($8,211 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Panama (+67.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Venezuela
In 2022, overseas purchases of steel, stainless; semi-finished products, other than of rectangular cross-sectia decreased by -17.2% to 154 kg, falling for the second consecutive year after two years of growth. Over the period under review, imports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2020 with an increase of 2.1% against the previous year. As a result, imports reached the peak of 241 kg. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of steel, stainless; semi-finished products, other than of rectangular cross-sectia plummeted to $4.5K in 2022. Overall, imports recorded a abrupt descent.
| Import of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 6.9 | 5.8 | 4.9 | 3.3 | -21.8% |
| Colombia | 0.4 | 0.3 | 0.1 | 1.1 | 40.1% |
| Brazil | 0.2 | 0.3 | 0.3 | 0.2 | 0.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 7.5 | 6.3 | 5.3 | 4.5 | -15.7% |
Top Suppliers of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section to Venezuela in 2022:
- United States (85.0 kg)
- Colombia (50.0 kg)
- Brazil (19.0 kg)
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