Colombia - Angles, Shapes And Sections (Of Iron Or Non-Alloy Steel) - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingIron Angle Price in Colombia - 2022
Contents:
- Iron Angle Price in Colombia (CIF) - 2022
- Iron Angle Price in Colombia (FOB) - 2022
- Iron Angle Imports in Colombia
- Iron Angle Exports in Colombia
Iron Angle Price in Colombia (CIF) - 2022
The average iron angle import price stood at $938 per ton in February 2022, with a decrease of -3.9% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.5%. The growth pace was the most rapid in September 2021 when the average import price increased by 15% m-o-m. Over the period under review, average import prices attained the maximum at $1,047 per ton in October 2021; however, from November 2021 to February 2022, import prices remained at a 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 Luxembourg ($1,210 per ton), while the price for China ($215 per ton) was amongst the lowest.
From February 2021 to February 2022, the most notable rate of growth in terms of prices was attained by Luxembourg (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Iron Angle Price in Colombia (FOB) - 2022
In 2022, the average iron angle export price amounted to $905 per ton, which is down by -2.4% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of 22%. As a result, the export price reached the peak level of $1,162 per ton. From 2015 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ecuador ($1,483 per ton), while the average price for exports to Cuba ($439 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 Panama (+9.1%), while the prices for the other major destinations experienced mixed trend patterns.
Iron Angle Imports in Colombia
Iron angle imports into Colombia dropped to 131K tons in 2022, falling by -8.5% on the year before. In general, imports saw a pronounced decrease. The pace of growth appeared the most rapid in 2021 with an increase of 21% against the previous year.
In value terms, iron angle imports contracted significantly to $95M in 2022. Overall, imports saw a mild decrease. The growth pace was the most rapid in 2021 when imports increased by 69% against the previous year. As a result, imports reached the peak of $119M, and then fell remarkably in the following year.
| Import of Iron Angle in Colombia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 25.0 | 15.8 | 37.2 | 29.0 | 5.1% |
| Spain | 33.0 | 22.0 | 34.0 | 25.9 | -7.8% |
| South Korea | 13.1 | 9.2 | 9.2 | 7.5 | -17.0% |
| Brazil | 12.5 | 7.0 | 5.7 | 5.0 | -26.3% |
| China | 4.1 | 3.5 | 2.0 | 3.7 | -3.4% |
| Germany | 4.0 | 4.4 | 3.6 | 2.9 | -10.2% |
| Mexico | 1.5 | 2.3 | 2.7 | 2.0 | 10.1% |
| United Arab Emirates | 1.7 | 1.5 | 0.9 | 1.1 | -13.5% |
| Others | 5.0 | 4.8 | 23.7 | 17.8 | 52.7% |
| Total | 99.9 | 70.6 | 119 | 94.8 | -1.7% |
Top Suppliers of Iron Angle to Colombia in 2022:
- Turkey (40.2K tons)
- Spain (29.9K tons)
- South Korea (12.7K tons)
- Brazil (7.1K tons)
- China (7.1K tons)
- Germany (6.9K tons)
- Mexico (3.4K tons)
- United Arab Emirates (2.0K tons)
Iron Angle Exports in Colombia
After three years of growth, overseas shipments of angles, shapes and sections (of iron or non-alloy steel) decreased by -13.6% to 517 tons in 2022. In general, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +16.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +58.5% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 42% against the previous year. As a result, the exports attained the peak of 598 tons, and then declined in the following year.
In value terms, iron angle exports contracted markedly to $468K in 2022. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +16.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +59.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 46%. As a result, the exports attained the peak of $555K, and then reduced rapidly in the following year.
| Export of Iron Angle in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Venezuela | 141 | 230 | 122 | 290 | 27.2% |
| Panama | 58.6 | 80.0 | 55.4 | 109 | 23.0% |
| Ecuador | 32.2 | 32.2 | 24.3 | 51.3 | 16.8% |
| Cuba | 3.0 | 8.3 | 7.0 | 11.1 | 54.7% |
| Free Zones | 8.8 | 7.3 | 6.4 | 6.8 | -8.2% |
| Peru | N/A | N/A | 340 | N/A | 0% |
| Others | 48.8 | 23.1 | 0.1 | N/A | -95.5% |
| Total | 293 | 381 | 555 | 468 | 16.9% |
Top Export Markets for Iron Angle from Colombia in 2022:
- Venezuela (372.9 tons)
- Panama (74.3 tons)
- Ecuador (34.6 tons)
- Cuba (25.3 tons)
- Free Zones (9.7 tons)
This report provides an in-depth analysis of the iron angle market 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 24107110 - U-sections of a web height of .80 mm or more (of non-alloy steel)
- Prodcom 24107120 - I-sections of a web height of .80 mm or more (of non-alloy steel)
- Prodcom 24107130 - H-sections of a web height of .80 mm or more (of non-alloy steel)
- Prodcom 24107140 - Other open sections, not further worked than hot-rolled, hotdrawn or extruded, of non-alloy steel
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.
-
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
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
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
-
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
-
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
-
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
-
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
-
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
417
This report provides an in-depth analysis of the iron angle market in Colombia.
446
This report provides an in-depth analysis of the non-alloy steel h-sections market in Colombia.
291
This report provides an in-depth analysis of the heavy sections market in Colombia.
314
This report provides an in-depth analysis of the non-alloy steel i-sections market in Colombia.
442
This report provides an in-depth analysis of the non-alloy steel u-section market in Colombia.
1072
This report provides an in-depth analysis of the global iron angle market.
964
This report provides an in-depth analysis of the global non-alloy steel h-sections market.
488
Global Heavy Sections Market Report 2018. This report provides an in-depth analysis of the global heavy sections market.
558
This report provides an in-depth analysis of the global non-alloy steel i-sections market.
509
This report provides an in-depth analysis of the global non-alloy steel u-section market.
192
Discover the top import markets for iron angle and their key statistics. Learn about the demand, import values, and growth potential in these countries. Explore the opportunities for exporters in the global iron angle market.
968
In 2016, the amount of iron angle imported worldwide totaled X tons, remaining stable against the previous year level. In general, iron angle imports continue to indicate a mild drop. The pace of ...
1371
In 2016, the amount of iron angle imported worldwide totaled X tons, remaining stable against the previous year level. In general, iron angle imports continue to indicate a mild drop. The pace of ...
1765
Despite some negative dynamics in exports, Spain was able to hold on as the leader in the global iron angles, shapes and sections trade. In 2014, Spain exported X million tons of iron angles, shapes and sections totaling X billion USD, which was
528
The global non-alloy steel h-sections market revenue amounted to $17.9B in 2018, rising by 11% against the previous...
192
Discover the top import markets for iron angle and their key statistics. Learn about the demand, import values, and growth potential in these countries. Explore the opportunities for exporters in the global iron angle market.
968
In 2016, the amount of iron angle imported worldwide totaled X tons, remaining stable against the previous year level. In general, iron angle imports continue to indicate a mild drop. The pace of ...
1371
In 2016, the amount of iron angle imported worldwide totaled X tons, remaining stable against the previous year level. In general, iron angle imports continue to indicate a mild drop. The pace of ...
1765
Despite some negative dynamics in exports, Spain was able to hold on as the leader in the global iron angles, shapes and sections trade. In 2014, Spain exported X million tons of iron angles, shapes and sections totaling X billion USD, which was
528
The global non-alloy steel h-sections market revenue amounted to $17.9B in 2018, rising by 11% against the previous...
