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

Contents:

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

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

In 2022, the average import price for tubes, pipes and hollow profiles, of cast iron amounted to $2,598 per ton, approximately equating the previous year. Overall, the import price, however, saw perceptible growth. The most prominent rate of growth was recorded in 2015 an increase of 182% against the previous year. The import price peaked at $6,414 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($13,667 per ton), while the price for Italy ($493 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+53.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for tubes, pipes and hollow profiles, of cast iron stood at $1,020 per ton in 2022, picking up by 5.9% against the previous year. In general, the export price, however, continues to indicate a abrupt slump. The pace of growth appeared the most rapid in 2015 an increase of 65%. The export price peaked at $2,687 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 Aruba ($1,496 per ton), while the average price for exports to Colombia stood at $44 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Aruba (-16.4%).

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

In 2022, after two years of decline, there was significant growth in supplies from abroad of tubes, pipes and hollow profiles, of cast iron, when their volume increased by 239% to 34 tons. Overall, imports, however, showed a dramatic curtailment.

In value terms, imports of tubes, pipes and hollow profiles, of cast iron surged to $89K in 2022. In general, imports, however, showed a precipitous decline.

Import of Tubes, Pipes and Hollow Profiles, of Cast Iron in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain71.080.29.727.0-27.6%
Panama53.749.56.821.3-26.5%
China32.170.51.514.2-23.8%
Netherlands19.120.42.36.2-31.3%
Italy5.06.00.82.3-22.8%
Others30.938.65.417.8-16.8%
Total21226526.588.9-25.2%

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

  1. Netherlands (11.1 tons)
  2. Panama (10.1 tons)
  3. Italy (4.7 tons)
  4. China (4.2 tons)
  5. Spain (2.9 tons)

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

For the third year in a row, Venezuela recorded decline in shipments abroad of tubes, pipes and hollow profiles, of cast iron, which decreased by -13.2% to 2.6 tons in 2022. Overall, exports saw a abrupt slump. The smallest decline of -11.9% was in 2020.

In value terms, exports of tubes, pipes and hollow profiles, of cast iron declined to $2.7K in 2022. Over the period under review, exports continue to indicate a deep downturn.

Export of Tubes, Pipes and Hollow Profiles, of Cast Iron in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Aruba3.23.02.92.7-5.5%
Colombia0.10.10.1N/A0.0%
OthersN/AN/AN/AN/A0%
Total3.33.12.92.7-6.5%

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

  1. Aruba (1.8 tons)
  2. Colombia (0.8 tons)

Source: IndexBox Market Intelligence Platform

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