Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Venezuela - 2022

Contents:

1. Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Venezuela (CIF) - 2022
2. Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Venezuela (FOB) - 2022
3. Imports of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Venezuela
4. Exports of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Venezuela

Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Venezuela (CIF) - 2022

In 2022, the average import price for alloy steel flat-rolled products, of a width 600mm or mores amounted to $1,432 per ton, picking up by 17% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average import price increased by 62%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

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 France ($17,587 per ton), while the price for South Korea ($517 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+15.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Venezuela (FOB) - 2022

In 2022, the average export price for alloy steel flat-rolled products, of a width 600mm or mores amounted to $601 per ton, which is down by -9.4% against the previous year. Over the period under review, the export price saw a perceptible decline. The most prominent rate of growth was recorded in 2013 an increase of 178% against the previous year. As a result, the export price attained the peak level of $2,283 per ton. From 2014 to 2022, the average export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($623 per ton), while the average price for exports to Colombia amounted to $577 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (-9.0%).

Imports of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Venezuela

In 2022, the amount of alloy steel flat-rolled products, of a width 600mm or mores imported into Venezuela soared to 11K tons, increasing by 57% compared with the year before. In general, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of alloy steel flat-rolled products, of a width 600mm or mores surged to $16M in 2022. Overall, imports showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 88% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the near future.

Top Suppliers of Alloy Steel Flat-Rolled Products, of A Width 600mm or More to Venezuela in 2022:

1. South Korea (8.4K tons)
2. China (1.0K tons)
3. Colombia (0.9K tons)
4. Brazil (0.3K tons)
5. United States (0.2K tons)

Exports of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Venezuela

In 2022, after three years of growth, there was significant decline in shipments abroad of alloy steel flat-rolled products, of a width 600mm or mores, when their volume decreased by -28.5% to 386 tons. In general, exports showed a abrupt descent. The pace of growth appeared the most rapid in 2021 when exports increased by 2.6% against the previous year. As a result, the exports reached the peak of 540 tons, and then dropped dramatically in the following year.

In value terms, exports of alloy steel flat-rolled products, of a width 600mm or mores reduced markedly to $232K in 2022. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 35%. As a result, the exports attained the peak of $358K, and then fell markedly in the following year.

Top Export Markets for Alloy Steel Flat-Rolled Products, of A Width 600mm or More from Venezuela in 2022:

1. Italy (199.3 tons)
2. Colombia (186.8 tons)

Source: IndexBox Market Intelligence Platform