Price for Steel, Alloy; Semi-Finished Products in Ecuador - 2022
Contents:
- Price for Steel, Alloy; Semi-Finished Products in Ecuador (CIF) - 2022
- Imports of Steel, Alloy; Semi-Finished Products in Ecuador
Price for Steel, Alloy; Semi-Finished Products in Ecuador (CIF) - 2022
In 2022, the average steel, alloy; semi-finished products import price amounted to $936 per ton, dropping by -15.6% against the previous year. In general, the import price recorded a perceptible reduction. The growth pace was the most rapid in 2018 an increase of 102% against the previous year. The import price peaked at $1,633 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($4,671 per ton), while the price for India ($869 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+18.9%), while the prices for the other major suppliers experienced a decline.
Imports of Steel, Alloy; Semi-Finished Products in Ecuador
In 2022, approx. 173 tons of steel, alloy; semi-finished productses were imported into Ecuador; which is down by -8.5% compared with the previous year's figure. Over the period under review, imports saw a pronounced reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 87% against the previous year.
In value terms, steel, alloy; semi-finished products imports fell significantly to $162K in 2022. Overall, imports showed a abrupt decrease. The growth pace was the most rapid in 2021 with an increase of 84%.
| Import of Steel, Alloy; Semi-Finished Products in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 115 | 91.2 | 146 | 120 | 1.4% |
| China | 91.7 | 13.1 | 44.2 | 36.2 | -26.6% |
| Others | 8.3 | 9.8 | 19.3 | 5.9 | -10.8% |
| Total | 215 | 114 | 209 | 162 | -9.0% |
Top Suppliers of Steel, Alloy; Semi-Finished Products to Ecuador in 2022:
- India (137.7 tons)
- China (34.0 tons)
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