Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Colombia - 2022

Contents:

  1. Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Colombia (CIF) - 2022
  2. Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Colombia (FOB) - 2022
  3. Imports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Colombia
  4. Exports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Colombia

Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Colombia (CIF) - 2022

In February 2022, the average import price for tubes, pipes and hollow profiles, of cast iron amounted to $1,473 per ton, remaining stable against the previous month. Overall, the import price enjoyed a tangible expansion. The pace of growth appeared the most rapid in October 2021 an increase of 922% m-o-m. As a result, import price attained the peak level of $13,042 per ton. From November 2021 to February 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 February 2022, the country with the highest price was China ($3,357 per ton), while the price for Brazil amounted to $1,434 per ton.

From February 2021 to February 2022, the most notable rate of growth in terms of prices was attained by China (+11.6%).

Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Colombia (FOB) - 2022

In 2022, the average export price for tubes, pipes and hollow profiles, of cast iron amounted to $1,497 per ton, growing by 5.8% against the previous year. In general, the export price, however, saw a deep reduction. The pace of growth appeared the most rapid in 2014 an increase of 149%. As a result, the export price attained the peak level of $8,468 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($8,971 per ton), while the average price for exports to the United States ($2,222 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 Mexico (+26.9%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Colombia

In 2022, approx. 6.1K tons of tubes, pipes and hollow profiles, of cast iron were imported into Colombia; increasing by 18% on the previous year's figure. Overall, imports, however, continue to indicate a abrupt decline. The pace of growth was the most pronounced in 2021 when imports increased by 39% against the previous year.

In value terms, imports of tubes, pipes and hollow profiles, of cast iron skyrocketed to $5.7M in 2022. Over the period under review, imports, however, showed a deep slump. The pace of growth was the most pronounced in 2021 with an increase of 43%.

Import of Tubes, Pipes and Hollow Profiles, of Cast Iron in Colombia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil0.11.51.43.9239.1%
China4.41.43.11.7-27.2%
France1.40.1N/AN/A-92.9%
Others1.20.40.20.2-45.0%
Total7.13.34.75.7-7.1%

Top Suppliers of Tubes, Pipes and Hollow Profiles, of Cast Iron to Colombia in 2022:

  1. Brazil (4.1K tons)
  2. China (2.0K tons)

Exports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Colombia

In 2022, approx. 19 tons of tubes, pipes and hollow profiles, of cast iron were exported from Colombia; waning by -64.6% on the year before. Overall, exports, however, showed prominent growth. The growth pace was the most rapid in 2021 when exports increased by 831% against the previous year. As a result, the exports attained the peak of 55 tons, and then reduced sharply in the following year.

In value terms, exports of tubes, pipes and hollow profiles, of cast iron declined significantly to $45K in 2022. In general, exports showed a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 313% against the previous year. As a result, the exports attained the peak of $78K, and then plummeted in the following year.

Export of Tubes, Pipes and Hollow Profiles, of Cast Iron in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States4.82.126.240.6103.7%
El SalvadorN/AN/AN/A3.70%
Nicaragua8.5N/A6.2N/A-14.6%
Dominican Republic11.9N/A10.5N/A-6.1%
PeruN/A16.74.1N/A-75.4%
Panama30.0N/AN/AN/A0%
ChileN/AN/A30.7N/A0%
Others0.1N/AN/A1.0115.4%
Total55.218.877.545.3-6.4%

Top Export Markets for Tubes, Pipes and Hollow Profiles, of Cast Iron from Colombia in 2022:

  1. United States (18.3 tons)
  2. El Salvador (1.0 tons)

Source: IndexBox Market Intelligence Platform

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