Price for Chain; Articulated Link, Roller, of Iron or Steel in Colombia - 2022

Contents:

1. Price for Chain; Articulated Link, Roller, of Iron or Steel in Colombia (CIF) - 2022
2. Price for Chain; Articulated Link, Roller, of Iron or Steel in Colombia (FOB) - 2022
3. Imports of Chain; Articulated Link, Roller, of Iron or Steel in Colombia
4. Exports of Chain; Articulated Link, Roller, of Iron or Steel in Colombia

Price for Chain; Articulated Link, Roller, of Iron or Steel in Colombia (CIF) - 2022

In February 2022, the average import price for chain; articulated link, roller, of iron or steel amounted to $5,395 per ton, growing by 22% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in December 2021 when the average import price increased by 25% month-to-month. The import price peaked at $5,531 per ton in May 2021; however, from June 2021 to February 2022, import prices stood at a somewhat 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 the United States ($28,517 per ton), while the price for China ($3,852 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 the United States (+6.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Chain; Articulated Link, Roller, of Iron or Steel in Colombia (FOB) - 2022

The average export price for chain; articulated link, roller, of iron or steel stood at $11,238 per ton in 2022, rising by 28% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The export price peaked at $12,064 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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 the Dominican Republic ($15,122 per ton), while the average price for exports to Panama ($6,109 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 Angola (+23.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Chain; Articulated Link, Roller, of Iron or Steel in Colombia

In 2022, imports of chain; articulated link, roller, of iron or steel into Colombia surged to 6.4K tons, growing by 39% on 2021 figures. Overall, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 78% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of chain; articulated link, roller, of iron or steel soared to $28M in 2022. In general, imports showed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 85% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

Top Suppliers of Chain; Articulated Link, Roller, of Iron or Steel to Colombia in 2022:

1. China (5.3K tons)
2. India (0.6K tons)
3. Italy (0.1K tons)
4. United States (0.1K tons)
5. Japan (0.1K tons)

Exports of Chain; Articulated Link, Roller, of Iron or Steel in Colombia

In 2022, the amount of chain; articulated link, roller, of iron or steel exported from Colombia dropped rapidly to 126 tons, with a decrease of -41.7% on the year before. Overall, exports continue to indicate a abrupt slump. The pace of growth was the most pronounced in 2021 with an increase of 177% against the previous year. As a result, the exports reached the peak of 216 tons, and then contracted remarkably in the following year.

In value terms, exports of chain; articulated link, roller, of iron or steel declined dramatically to $1.4M in 2022. In general, exports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 190%. As a result, the exports attained the peak of $1.9M, and then declined remarkably in the following year.

Top Export Markets for Chain; Articulated Link, Roller, of Iron or Steel from Colombia in 2022:

1. Mexico (45.9 tons)
2. Ecuador (33.7 tons)
3. United States (22.8 tons)
4. Peru (9.1 tons)
5. Dominican Republic (7.5 tons)
6. Venezuela (2.2 tons)
7. Chile (2.0 tons)

Source: IndexBox Market Intelligence Platform