Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Colombia - 2022

Contents:

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

Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Colombia (CIF) - 2022

In 2022, the average import price for alloy steel flat-rolled products, of a width of less than 600mms amounted to $2,900 per ton, jumping by 47% against the previous year. In general, the import price, however, showed a slight descent. The import price peaked at $3,338 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($3,626 per ton), while the price for Brazil ($1,337 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Free Zones (+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 of Less than 600mm in Colombia (FOB) - 2022

The average export price for alloy steel flat-rolled products, of a width of less than 600mms stood at $1,153 per ton in 2022, surging by 15% against the previous year. Over the period under review, the export price continues to indicate notable growth. The pace of growth was the most pronounced in 2017 an increase of 758% against the previous year. As a result, the export price attained the peak level of $9,834 per ton. From 2018 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Ecuador ($8,153 per ton), while the average price for exports to China ($872 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 (+15.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Colombia

In 2022, approx. 6.2K tons of alloy steel flat-rolled products, of a width of less than 600mms were imported into Colombia; growing by 22% compared with 2021 figures. The total import volume increased at an average annual rate of +12.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 23%. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in the near future.

In value terms, imports of alloy steel flat-rolled products, of a width of less than 600mms surged to $18M in 2022. Overall, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm to Colombia in 2022:

1. China (3189.0 tons)
2. France (759.0 tons)
3. Germany (729.6 tons)
4. India (400.0 tons)
5. South Korea (345.8 tons)
6. Brazil (228.6 tons)
7. Japan (184.9 tons)
8. United Arab Emirates (100.5 tons)

Exports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Colombia

In 2022, overseas shipments of alloy steel flat-rolled products, of a width of less than 600mms decreased by -5.7% to 617 tons, falling for the second year in a row after two years of growth. Overall, exports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 194%. As a result, the exports attained the peak of 691 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of alloy steel flat-rolled products, of a width of less than 600mms expanded sharply to $712K in 2022. Over the period under review, exports, however, continue to indicate significant growth. The growth pace was the most rapid in 2020 when exports increased by 171% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.

Top Export Markets for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm from Colombia in 2022:

1. China (591.9 tons)
2. Ecuador (16.0 tons)

Source: IndexBox Market Intelligence Platform