Price for Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Venezuela - 2022
Contents:
- Price for Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Venezuela (CIF) - 2022
- Imports of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Venezuela
Price for Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Venezuela (CIF) - 2022
In 2022, the average import price for stainless steel; flat-rolled products of width less than 600mms amounted to $3,557 per ton, declining by -23.3% against the previous year. Over the period under review, the import price showed a perceptible decrease. The growth pace was the most rapid in 2021 an increase of 47% against the previous year. Over the period under review, average import prices reached the peak figure at $5,850 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Sweden ($54,105 per ton), while the price for Barbados ($237 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+17.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Venezuela
In 2022, imports of stainless steel; flat-rolled products of width less than 600mms into Venezuela surged to 55 tons, increasing by 299% compared with 2021 figures. Overall, imports enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 579% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in the near future.
In value terms, imports of stainless steel; flat-rolled products of width less than 600mms skyrocketed to $195K in 2022. In general, imports posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 355%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 6.4 | 26.3 | 20.3 | 48.1 | 95.9% |
| China | 1.4 | 45.6 | 7.4 | 43.9 | 215.3% |
| United States | 1.1 | 2.1 | 1.8 | 34.1 | 214.1% |
| Netherlands | 5.9 | 17.9 | 10.2 | 17.8 | 44.5% |
| India | 0.7 | 2.6 | 1.9 | 4.4 | 84.6% |
| Taiwan (Chinese) | 0.4 | 1.6 | 1.6 | 3.2 | 100.0% |
| Barbados | 0.4 | 1.3 | 0.8 | 1.4 | 51.8% |
| Germany | 4.4 | 7.7 | 2.5 | 1.3 | -33.4% |
| Others | 8.5 | 28.2 | 17.1 | 40.3 | 68.0% |
| Total | 29.3 | 133 | 63.6 | 195 | 88.1% |
Top Suppliers of Stainless Steel; Flat-Rolled Products of Width Less than 600mm to Venezuela in 2022:
- China (29.1 tons)
- United States (7.3 tons)
- Barbados (6.1 tons)
- Netherlands (5.9 tons)
- Taiwan (Chinese) (1.4 tons)
- India (0.9 tons)
- Sweden (0.9 tons)
- Germany (0.1 tons)
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