Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Guatemala - 2024

Contents:

  1. Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Guatemala (FOB) - 2022
  2. Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Guatemala (CIF) - 2022
  3. Exports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Guatemala
  4. Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Guatemala

Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Guatemala (FOB) - 2022

In 2022, the average export price for iron or non-alloy steel wire, plated or coated with non-zinc base metalses amounted to $1,426 per ton, increasing by 8.1% against the previous year. Over the period under review, the export price posted mild growth. The most prominent rate of growth was recorded in 2018 when the average export price increased by 655% against the previous year. Over the period under review, the average export prices reached the peak figure at $6,343 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Costa Rica ($1,484 per ton) and Honduras ($1,448 per ton), while the average price for exports to El Salvador ($1,407 per ton) and Nicaragua ($1,412 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Costa Rica (+24.7%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Guatemala (CIF) - 2022

In 2022, the average import price for iron or non-alloy steel wire, plated or coated with non-zinc base metalses amounted to $6,918 per ton, picking up by 143% against the previous year. Over the period under review, the import price saw a prominent expansion. The pace of growth was the most pronounced in 2015 an increase of 182%. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($10,162 per ton), while the price for Mexico ($3,831 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+18.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Guatemala

Exports of iron or non-alloy steel wire, plated or coated with non-zinc base metalses from Guatemala skyrocketed to 2.4K tons in 2022, jumping by 56% compared with 2021 figures. Over the period under review, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 40,624% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of iron or non-alloy steel wire, plated or coated with non-zinc base metalses surged to $3.5M in 2022. In general, exports showed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 6,540%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
El Salvador1.64281,0891,971972.0%
Honduras8.8212645841357.2%
Costa RicaN/AN/A51.9404678.4%
Nicaragua0.11122752541264.4%
Others0.9N/AN/AN/A0%
Total11.37522,0613,471574.7%

Top Export Markets for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals from Guatemala in 2022:

  1. El Salvador (1401.2 tons)
  2. Honduras (580.9 tons)
  3. Costa Rica (272.2 tons)
  4. Nicaragua (180.1 tons)

Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Guatemala

After three years of growth, overseas purchases of iron or non-alloy steel wire, plated or coated with non-zinc base metalses decreased by -60.8% to 59 tons in 2022. In general, imports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 442% against the previous year. As a result, imports attained the peak of 150 tons, and then shrank rapidly in the following year.

In value terms, imports of iron or non-alloy steel wire, plated or coated with non-zinc base metalses contracted modestly to $407K in 2022. Over the period under review, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 338% against the previous year. As a result, imports reached the peak of $428K, and then declined slightly in the following year.

Import of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China26.477.2381252112.1%
BrazilN/AN/A37.7138266.0%
Mexico27.47.00.116.6-15.4%
El Salvador3.28.20.2N/A-75.0%
Others3.15.28.60.2-59.9%
Total60.197.742840789.2%

Top Suppliers of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals to Guatemala in 2022:

  1. China (40.9 tons)
  2. Brazil (13.6 tons)
  3. Mexico (4.3 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Iron or non-alloy steel; wire, plated or coated with base metals (other than zinc) - Guatemala