Price for Wire of Other Alloy Steel in Ecuador - 2022
Contents:
- Price for Wire of Other Alloy Steel in Ecuador (CIF) - 2022
- Price for Wire of Other Alloy Steel in Ecuador (FOB) - 2022
- Imports of Wire of Other Alloy Steel in Ecuador
- Exports of Wire of Other Alloy Steel in Ecuador
Price for Wire of Other Alloy Steel in Ecuador (CIF) - 2022
In 2022, the average import price for wire of other alloy steels amounted to $1,814 per ton, surging by 42% against the previous year. Overall, import price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, wire of other alloy steel import price increased by +101.7% against 2020 indices. The growth pace was the most rapid in 2021 an increase of 43% against the previous year. The import price peaked in 2022 and is expected to retain 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 ($3,831 per ton), while the price for China stood at $1,745 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+39.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wire of Other Alloy Steel in Ecuador (FOB) - 2022
Ecuador has no trade partners to describe.
Imports of Wire of Other Alloy Steel in Ecuador
In 2022, approx. 1.8K tons of wire of other alloy steels were imported into Ecuador; increasing by 16% against the previous year's figure. In general, imports enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of 80% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.
In value terms, wire of other alloy steel imports soared to $3.3M in 2022. Over the period under review, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 157%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Wire of Other Alloy Steel in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 930 | 468 | 1,569 | 2,995 | 47.7% |
| United States | 36.6 | 17.1 | 51.4 | 125 | 50.6% |
| Brazil | 39.4 | 61.9 | 59.9 | N/A | 23.3% |
| Others | 101 | 233 | 323 | 177 | 20.6% |
| Total | 1,107 | 780 | 2,004 | 3,297 | 43.9% |
Top Suppliers of Wire of Other Alloy Steel to Ecuador in 2022:
- China (1716.5 tons)
- United States (32.7 tons)
Exports of Wire of Other Alloy Steel in Ecuador
After three years of growth, overseas shipments of wire of other alloy steels decreased by -99.9% to 180 kg in 2022. Overall, exports saw a sharp decline. The most prominent rate of growth was recorded in 2020 when exports increased by 105%.
In value terms, wire of other alloy steel exports plummeted to $410 in 2022. Over the period under review, exports continue to indicate a sharp contraction. The most prominent rate of growth was recorded in 2021 with an increase of 106% against the previous year. As a result, the exports reached the peak of $190K, and then reduced markedly in the following year.
| Export of Wire of Other Alloy Steel in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Costa Rica | 30.3 | 60.5 | 33.6 | N/A | 5.3% |
| Venezuela | 14.7 | 32.0 | 155 | N/A | 224.7% |
| Others | 0.1 | 0.1 | 1.9 | 0.4 | 58.7% |
| Total | 45.0 | 92.6 | 190 | 0.4 | -79.3% |
Top Export Markets for Wire of Other Alloy Steel from Ecuador in 2022:
359
This report provides an in-depth analysis of the market for iron and steel wire in Ecuador.
334
This report provides an in-depth analysis of the market for iron and steel wire in Ecuador.
1995
This report provides an in-depth analysis of the global market for iron and steel wire.
609
This report provides an in-depth analysis of the global market for iron and steel wire.
873
In value terms, wire of other alloy steel imports stood at $X in 2016. Overall, it indicated a temperate increase from 2007 to 2016: the total imports value increased at an average annual rate of +...
1538
In value terms, barbed wire of iron and steel imports amounted to $X in 2016. In general, barbed wire of iron and steel imports continue to indicate a mild slump. Over the period under review, glob...
1073
In value terms, wires, rods, tubes, plates, electrodes of base metal imports totaled $X in 2016. In general, wires, rods, tubes, plates, electrodes of base metal imports continue to indicate a mild...
1269
In value terms, wire of other alloy steel exports stood at $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern indicated some...
700
In value terms, barbed wire of iron and steel exports totaled $X in 2016. In general, barbed wire of iron and steel exports continue to indicate a relatively flat trend pattern. Over the period und...
965
In value terms, wires, rods, tubes, plates, electrodes of base metal exports amounted to $X in 2016. Overall, wires, rods, tubes, plates, electrodes of base metal exports continue to indicate a sli...
3578
Global iron and steel wire imports stood at X tons in 2016, approximately equating the previous year figure. Overall, iron and steel wire imports continue to indicate a relatively flat trend patte...
786
Global iron and steel wire imports stood at X tons in 2016, approximately equating the previous year figure. Overall, iron and steel wire imports continue to indicate a relatively flat trend patte...
308
Discover the top import markets for iron and steel wire and key statistics on their import values. Learn about the global demand for this essential material.
270
Explore the top countries importing iron and steel wire in 2023 and the factors driving their demand. Get insights into the global market for these essential materials.
