Price for Tube or Pipe Flanges of Stainless Steel in Guatemala - 2024
Contents:
- Price for Tube or Pipe Flanges of Stainless Steel in Guatemala (CIF) - 2022
- Price for Tube or Pipe Flanges of Stainless Steel in Guatemala (FOB) - 2022
- Imports of Tube or Pipe Flanges of Stainless Steel in Guatemala
- Exports of Tube or Pipe Flanges of Stainless Steel in Guatemala
Price for Tube or Pipe Flanges of Stainless Steel in Guatemala (CIF) - 2022
In 2022, the average import price for tube or pipe flanges of stainless steels amounted to $7,188 per ton, leveling off at the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average import price increased by 30%. Over the period under review, average import prices reached the peak figure at $9,948 per ton in 2016; however, from 2017 to 2022, import prices remained at a 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 Italy ($49,958 per ton), while the price for China ($4,276 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+11.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tube or Pipe Flanges of Stainless Steel in Guatemala (FOB) - 2022
In 2022, the average export price for tube or pipe flanges of stainless steels amounted to $4,493 per ton, rising by 8.6% against the previous year. In general, the export price, however, continues to indicate a abrupt downturn. The growth pace was the most rapid in 2019 when the average export price increased by 43% against the previous year. The export price peaked at $7,487 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Honduras ($9,273 per ton), while the average price for exports to El Salvador ($3,224 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 Honduras (+2.9%), while the prices for the other major destinations experienced a decline.
Imports of Tube or Pipe Flanges of Stainless Steel in Guatemala
In 2022, approx. 82 tons of tube or pipe flanges of stainless steels were imported into Guatemala; growing by 20% on the previous year. In general, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +16.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +71.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 43% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of tube or pipe flanges of stainless steels soared to $588K in 2022. Over the period under review, imports saw significant growth. The pace of growth was the most pronounced in 2021 with an increase of 46% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in years to come.
Import of Tube or Pipe Flanges of Stainless Steel in Guatemala (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 97.2 | 71.8 | 184 | 296 | 44.9% |
United States | 55.3 | 90.9 | 116 | 125 | 31.2% |
Italy | 19.9 | 34.0 | 25.6 | 79.0 | 58.3% |
Mexico | 11.0 | 12.9 | 47.1 | 20.2 | 22.5% |
India | N/A | N/A | 4.3 | 19.7 | 358.1% |
Germany | 8.9 | 38.1 | 5.9 | 6.7 | -9.0% |
South Korea | 19.6 | 2.0 | 2.6 | 6.3 | -31.5% |
Costa Rica | 23.3 | 55.2 | 11.3 | N/A | -30.4% |
Panama | 12.1 | 0.1 | 16.0 | N/A | 15.0% |
Others | 31.7 | 28.1 | 72.0 | 35.1 | 3.5% |
Total | 279 | 333 | 485 | 588 | 28.2% |
Top Suppliers of Tube or Pipe Flanges of Stainless Steel to Guatemala in 2022:
- China (69.1 tons)
- United States (5.3 tons)
- India (2.1 tons)
- Italy (1.6 tons)
- Mexico (1.5 tons)
- Germany (0.4 tons)
- South Korea (0.4 tons)
Exports of Tube or Pipe Flanges of Stainless Steel in Guatemala
Exports of tube or pipe flanges of stainless steels from Guatemala shrank to 4.6 tons in 2022, reducing by -5.3% compared with 2021 figures. The total export volume increased at an average annual rate of +3.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 33% against the previous year. As a result, the exports attained the peak of 4.9 tons, and then contracted in the following year.
In value terms, exports of tube or pipe flanges of stainless steels rose slightly to $21K in 2022. Overall, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +5.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +50.8% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 47% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to see gradual growth in the near future.
Export of Tube or Pipe Flanges of Stainless Steel in Guatemala (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Costa Rica | 4.7 | N/A | 0.6 | 7.9 | 18.9% |
El Salvador | 6.1 | 4.6 | 10.2 | 6.8 | 3.7% |
Nicaragua | 1.0 | 7.6 | 2.3 | 6.0 | 81.7% |
Honduras | 6.0 | 0.2 | 5.8 | 0.1 | -74.5% |
United States | N/A | 1.4 | N/A | N/A | 0% |
Others | N/A | N/A | 1.4 | N/A | 0% |
Total | 17.8 | 13.8 | 20.3 | 20.9 | 5.5% |
Top Export Markets for Tube or Pipe Flanges of Stainless Steel from Guatemala in 2022:
- El Salvador (2.1 tons)
- Costa Rica (1.6 tons)
- Nicaragua (0.9 tons)
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