Price for Powders of Pig Iron in Colombia - 2022

Contents:

1. Price for Powders of Pig Iron in Colombia (CIF) - 2022
2. Price for Powders of Pig Iron in Colombia (FOB) - 2022
3. Imports of Powders of Pig Iron in Colombia
4. Exports of Powders of Pig Iron in Colombia

Price for Powders of Pig Iron in Colombia (CIF) - 2022

The average powders of pig iron import price stood at $1,394 per ton in 2022, with a decrease of -3% against the previous year. In general, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average import price increased by 7.9%. The import price peaked at $1,507 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 Italy ($1,973 per ton), while the price for Brazil ($841 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+0.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Powders of Pig Iron in Colombia (FOB) - 2022

The average powders of pig iron export price stood at $1,187 per ton in 2022, which is down by -14.1% against the previous year. Over the period under review, the export price showed a abrupt slump. The most prominent rate of growth was recorded in 2021 an increase of 14%. The export price peaked at $3,538 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Chile ($7,128 per ton), while the average price for exports to Peru totaled $991 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Peru (-12.7%).

Imports of Powders of Pig Iron in Colombia

In 2022, after three years of growth, there was decline in overseas purchases of powders of pig ira, when their volume decreased by -2.2% to 1.2K tons. The total import volume increased at an average annual rate of +2.2% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 4.6%.

In value terms, powders of pig iron imports declined to $1.7M in 2022. The total import value increased at an average annual rate of +6.1% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 13%.

Top Suppliers of Powders of Pig Iron to Colombia in 2022:

1. United States (337.2 tons)
2. Canada (264.4 tons)
3. Brazil (191.3 tons)
4. Spain (166.7 tons)
5. Italy (35.6 tons)
6. China (12.1 tons)

Exports of Powders of Pig Iron in Colombia

In 2022, overseas shipments of powders of pig ira were finally on the rise to reach 4.1 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, showed a precipitous slump.

In value terms, powders of pig iron exports skyrocketed to $4.9K in 2022. In general, exports, however, recorded a precipitous descent.

Top Export Markets for Powders of Pig Iron from Colombia in 2022:

1. Peru (4.0 tons)
2. Chile (0.1 tons)

Source: IndexBox Market Intelligence Platform