Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Ecuador - 2022
Contents:
- Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Ecuador (CIF) - 2022
- Imports of Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Ecuador
Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Ecuador (CIF) - 2022
The average import price for steel, alloy stood at $2,851 per ton in 2022, which is down by -3.6% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 an increase of 30%. The import price peaked at $2,957 per ton in 2021, and then contracted in the following year.
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 South Korea ($3,555 per ton), while the price for France ($936 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+3.8%), while the prices for the other major suppliers experienced a decline.
Imports of Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Ecuador
Imports of steel, alloy into Ecuador surged to 513 tons in 2022, increasing by 71% compared with the year before. In general, imports posted a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 583%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of steel, alloy surged to $1.5M in 2022. Overall, imports saw a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 693%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | 35.0 | 422 | 1,301 | 509.7% |
| France | 62.0 | 23.3 | 144 | 90.2 | 13.3% |
| Colombia | 28.3 | 15.2 | 40.6 | 39.4 | 11.7% |
| South Korea | 115 | 37.8 | 186 | 22.2 | -42.2% |
| Germany | N/A | N/A | 80.9 | N/A | 0% |
| Others | 0.6 | 0.8 | 14.6 | 10.8 | 162.1% |
| Total | 206 | 112 | 889 | 1,463 | 92.2% |
Top Suppliers of Steel, Alloy; Flat-Rolled, Width 600mm or More, of Silicon-Electrical Steel, Grain-Oriented to Ecuador in 2022:
- China (395.7 tons)
- France (96.3 tons)
- Colombia (11.8 tons)
- South Korea (6.2 tons)
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