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

Contents:

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

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

The average import price for alloy steel flat-rolled products, of a width of less than 600mms stood at $4,037 per ton in 2022, with an increase of 23% against the previous year. In general, import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for alloy steel flat-rolled products, of a width of less than 600mms increased by +55.4% against 2016 indices. The growth pace was the most rapid in 2021 an increase of 44%. The import price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($7,314 per ton), while the price for the Netherlands ($428 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+22.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

Imports of alloy steel flat-rolled products, of a width of less than 600mms into Venezuela skyrocketed to 64 tons in 2022, with an increase of 23% compared with the previous year. Over the period under review, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 148%.

In value terms, imports of alloy steel flat-rolled products, of a width of less than 600mms soared to $258K in 2022. In general, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 257%. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom56.922.878.112128.6%
France5.32.324.241.298.1%
Austria2.60.74.99.252.4%
Spain7.62.46.47.80.9%
United States22.74.18.46.6-33.8%
China3.51.23.23.93.7%
Mexico2.10.72.02.78.7%
Others36.813.643.865.721.3%
Total13847.817125823.2%

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

  1. United Kingdom (29.7 tons)
  2. France (15.1 tons)
  3. China (3.8 tons)
  4. Spain (3.5 tons)
  5. United States (2.7 tons)
  6. Austria (2.1 tons)
  7. Mexico (1.5 tons)

Source: IndexBox Market Intelligence Platform

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