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Colombia - Welded And Cold-Formed Sections Of Steel - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Welded and Cold-Formed Steel Sections in Colombia - 2022
Contents:
- Price for Welded and Cold-Formed Steel Sections in Colombia (CIF) - 2022
- Price for Welded and Cold-Formed Steel Sections in Colombia (FOB) - 2022
- Imports of Welded and Cold-Formed Steel Sections in Colombia
- Exports of Welded and Cold-Formed Steel Sections in Colombia
Price for Welded and Cold-Formed Steel Sections in Colombia (CIF) - 2022
The average import price for welded and cold-formed sections of steel stood at $2,870 per ton in 2022, growing by 134% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. Over the period under review, average import prices reached the maximum at $3,600 per ton in 2014; however, from 2015 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 the UK ($19,576 per ton), while the price for China ($1,184 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Welded and Cold-Formed Steel Sections in Colombia (FOB) - 2022
The average export price for welded and cold-formed sections of steel stood at $3,836 per ton in 2022, which is down by -4% against the previous year. Overall, the export price, however, showed a prominent increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by 79% against the previous year. Over the period under review, the average export prices reached the maximum at $3,997 per ton in 2021, and then reduced modestly in the following year.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($12,980 per ton), while the average price for exports to Venezuela ($2,766 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 the United States (+25.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Welded and Cold-Formed Steel Sections in Colombia
In 2022, imports of welded and cold-formed sections of steel into Colombia declined rapidly to 131 tons, waning by -47.4% against the previous year's figure. Over the period under review, imports showed a dramatic decline. The smallest decline of -8.4% was in 2021.
In value terms, welded and cold-formed steel sections imports soared to $376K in 2022. In general, imports saw a deep reduction.
Import of Welded and Cold-Formed Steel Sections in Colombia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 0.5 | 0.1 | N/A | 140 | 554.2% |
China | 499 | 407 | 287 | 123 | -37.3% |
United Kingdom | 72.4 | 8.5 | 0.9 | 55.6 | -8.4% |
Others | 100 | 31.0 | 17.5 | 58.1 | -16.6% |
Total | 672 | 447 | 305 | 376 | -17.6% |
Top Suppliers of Welded and Cold-Formed Steel Sections to Colombia in 2022:
- China (103.6 tons)
- France (17.3 tons)
- United Kingdom (2.8 tons)
Exports of Welded and Cold-Formed Steel Sections in Colombia
In 2022, welded and cold-formed steel sections exports from Colombia shrank remarkably to 10 tons, waning by -40.7% against the previous year. Overall, exports showed a precipitous contraction. The growth pace was the most rapid in 2021 with an increase of 320% against the previous year.
In value terms, welded and cold-formed steel sections exports fell remarkably to $39K in 2022. Over the period under review, exports faced a significant curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 624%.
Export of Welded and Cold-Formed Steel Sections in Colombia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Venezuela | 77.0 | 5.7 | 41.6 | 25.1 | -31.2% |
United States | 26.8 | 3.2 | 21.9 | 12.1 | -23.3% |
Panama | 1.0 | 0.1 | 4.2 | 1.4 | 11.9% |
Barbados | 26.2 | N/A | N/A | N/A | 0% |
Belgium | 60.7 | N/A | N/A | N/A | 0% |
Others | 6.8 | 0.5 | 0.9 | 0.5 | -58.1% |
Total | 198 | 9.5 | 68.6 | 39.0 | -41.8% |
Top Export Markets for Welded and Cold-Formed Steel Sections from Colombia in 2022:
- Venezuela (9.1 tons)
- United States (0.9 tons)
- Panama (0.2 tons)
This report provides an in-depth analysis of the market for welded and cold-formed steel sections in Colombia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 24107420 - Welded and cold-formed sections (of steel)
- Prodcom 2410T260 - Welded sections
Country coverage:
- Colombia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Colombia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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