Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Colombia - 2022
Contents:
- Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Colombia (CIF) - 2022
- Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Colombia (FOB) - 2022
- Imports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Colombia
- Exports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Colombia
Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Colombia (CIF) - 2022
The average import price for steel alloy wire of materials other than silico-manganese steels stood at $1,178 per ton in February 2022, dropping by -15.8% against the previous month. Over the period under review, import price indicated perceptible growth from February 2021 to February 2022: its price increased at an average monthly rate of +4.2% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on February 2022 figures, import price for steel alloy wire of materials other than silico-manganese steels decreased by -15.8% against January 2022 indices. The growth pace was the most rapid in March 2021 when the average import price increased by 31% m-o-m. Over the period under review, average import prices attained the maximum at $1,399 per ton in January 2022, and then fell dramatically in the following month.
There were significant differences in the average prices amongst the major supplying countries. In February 2022, the country with the highest price was Vietnam ($1,832 per ton), while the price for Free Zones ($1,023 per ton) was amongst the lowest.
From February 2021 to February 2022, the most notable rate of growth in terms of prices was attained by China (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Colombia (FOB) - 2022
The average export price for steel alloy wire of materials other than silico-manganese steels stood at $1,297 per ton in 2022, almost unchanged from the previous year. In general, the export price, however, continues to indicate a slight downturn. The growth pace was the most rapid in 2018 an increase of 143% against the previous year. As a result, the export price attained the peak level of $2,044 per ton. From 2019 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Panama ($7,129 per ton), while the average price for exports to Costa Rica ($1,060 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+13.4%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Colombia
In 2022, the amount of steel alloy wire of materials other than silico-manganese steels imported into Colombia skyrocketed to 38K tons, increasing by 31% against 2021 figures. Overall, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 70% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the near future.
In value terms, imports of steel alloy wire of materials other than silico-manganese steels skyrocketed to $45M in 2022. In general, imports posted a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 121%. Imports peaked in 2022 and are likely to continue growth in the near future.
| Import of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Colombia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Free Zones | 2.6 | 3.7 | 10.9 | 18.8 | 93.4% |
| Turkey | 4.2 | 6.7 | 12.0 | 12.4 | 43.5% |
| China | 1.6 | 0.7 | 1.9 | 4.4 | 40.1% |
| Russia | N/A | 0.4 | 1.1 | 3.8 | 208.2% |
| Others | 1.4 | 1.5 | 2.7 | 5.8 | 60.6% |
| Total | 9.8 | 12.9 | 28.6 | 45.2 | 66.5% |
Top Suppliers of Steel Alloy Wire of Materials Other than Silico-Manganese Steel to Colombia in 2022:
- Free Zones (19.0K tons)
- Turkey (10.0K tons)
- China (3.4K tons)
- Russia (3.4K tons)
Exports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Colombia
Exports of steel alloy wire of materials other than silico-manganese steels from Colombia surged to 472 tons in 2022, growing by 502% on the previous year. In general, exports, however, showed a abrupt slump.
In value terms, exports of steel alloy wire of materials other than silico-manganese steels soared to $613K in 2022. Overall, exports continue to indicate a modest increase.
| Export of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | N/A | 29.1 | 407 | 1298.6% |
| Costa Rica | 418 | 1,099 | 63.1 | 89.5 | -40.2% |
| Panama | N/A | 1.6 | N/A | 65.2 | 538.4% |
| Guyana | N/A | N/A | N/A | 24.4 | 0% |
| Chile | 127 | 84.7 | N/A | N/A | -33.3% |
| Others | 36.0 | 40.4 | 8.4 | 26.5 | -9.7% |
| Total | 581 | 1,226 | 101 | 613 | 1.8% |
Top Export Markets for Steel Alloy Wire of Materials Other than Silico-Manganese Steel from Colombia in 2022:
- United States (347.7 tons)
- Costa Rica (84.4 tons)
- Guyana (18.1 tons)
- Panama (9.1 tons)
464
This report provides an in-depth analysis of the market for iron and steel wire in Colombia.
311
This report provides an in-depth analysis of the market for iron and steel wire in Colombia.
1940
This report provides an in-depth analysis of the global market for iron and steel wire.
536
This report provides an in-depth analysis of the global market for iron and steel wire.
849
In value terms, wire of other alloy steel imports stood at $X in 2016. Overall, it indicated a temperate increase from 2007 to 2016: the total imports value increased at an average annual rate of +...
1514
In value terms, barbed wire of iron and steel imports amounted to $X in 2016. In general, barbed wire of iron and steel imports continue to indicate a mild slump. Over the period under review, glob...
1008
In value terms, wires, rods, tubes, plates, electrodes of base metal imports totaled $X in 2016. In general, wires, rods, tubes, plates, electrodes of base metal imports continue to indicate a mild...
1236
In value terms, wire of other alloy steel exports stood at $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern indicated some...
678
In value terms, barbed wire of iron and steel exports totaled $X in 2016. In general, barbed wire of iron and steel exports continue to indicate a relatively flat trend pattern. Over the period und...
940
In value terms, wires, rods, tubes, plates, electrodes of base metal exports amounted to $X in 2016. Overall, wires, rods, tubes, plates, electrodes of base metal exports continue to indicate a sli...
3544
Global iron and steel wire imports stood at X tons in 2016, approximately equating the previous year figure. Overall, iron and steel wire imports continue to indicate a relatively flat trend patte...
763
Global iron and steel wire imports stood at X tons in 2016, approximately equating the previous year figure. Overall, iron and steel wire imports continue to indicate a relatively flat trend patte...
268
Discover the top import markets for iron and steel wire and key statistics on their import values. Learn about the global demand for this essential material.
227
Explore the top countries importing iron and steel wire in 2023 and the factors driving their demand. Get insights into the global market for these essential materials.
