Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Colombia - 2022

Contents:

1. Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Colombia (CIF) - 2022
2. Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Colombia (FOB) - 2022
3. Imports of Tubing; Flexible, with or Without Fittings, of Base Metal in Colombia
4. Exports of Tubing; Flexible, with or Without Fittings, of Base Metal in Colombia

Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Colombia (CIF) - 2022

The average import price for tubing; flexible, with or without fittings, of base metals stood at $9,607 per ton in 2022, increasing by 14% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average import price increased by 51%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($15,971 per ton), while the price for Taiwan (Chinese) ($3,828 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Colombia (FOB) - 2022

The average export price for tubing; flexible, with or without fittings, of base metals stood at $3,791 per ton in 2022, with an increase of 9.6% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 26%. Over the period under review, the average export prices reached the maximum at $4,104 per ton in 2012; however, from 2013 to 2022, the export prices remained at a 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 Saint Lucia ($5,798 per ton), while the average price for exports to Ecuador ($2,957 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 Saint Lucia (+31.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tubing; Flexible, with or Without Fittings, of Base Metal in Colombia

In 2022, after two years of decline, there was significant growth in supplies from abroad of tubing; flexible, with or without fittings, of base metals, when their volume increased by 15% to 1.4K tons. Over the period under review, imports, however, faced a deep slump.

In value terms, imports of tubing; flexible, with or without fittings, of base metals skyrocketed to $13M in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +6.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.3% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Tubing; Flexible, with or Without Fittings, of Base Metal to Colombia in 2022:

1. Mexico (570.1 tons)
2. China (530.4 tons)
3. United States (184.1 tons)
4. India (60.9 tons)
5. Taiwan (Chinese) (22.2 tons)

Exports of Tubing; Flexible, with or Without Fittings, of Base Metal in Colombia

Exports of tubing; flexible, with or without fittings, of base metals from Colombia rose remarkably to 329 tons in 2022, with an increase of 11% on 2021. The total export volume increased at an average annual rate of +5.0% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 15% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of tubing; flexible, with or without fittings, of base metals surged to $1.2M in 2022. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +10.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +74.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 44%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Top Export Markets for Tubing; Flexible, with or Without Fittings, of Base Metal from Colombia in 2022:

1. Ecuador (89.6 tons)
2. Peru (80.7 tons)
3. Panama (49.7 tons)
4. Chile (38.2 tons)
5. Costa Rica (35.6 tons)
6. El Salvador (22.2 tons)
7. Saint Lucia (9.7 tons)

Source: IndexBox Market Intelligence Platform