Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Ecuador - 2022
Contents:
- Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Ecuador (CIF) - 2022
- Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Ecuador (FOB) - 2022
- Imports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Ecuador
- Exports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Ecuador
Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Ecuador (CIF) - 2022
The average import price for steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia stood at $12,150 per ton in 2022, growing by 65% against the previous year. In general, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Canada ($45,085 per ton), while the price for China ($4,496 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+16.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Ecuador (FOB) - 2022
In 2022, the average export price for steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia amounted to $20,614 per ton, picking up by 2.1% against the previous year. Overall, the export price, however, recorded a mild reduction. The most prominent rate of growth was recorded in 2021 an increase of 17% against the previous year. The export price peaked at $24,237 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 Argentina ($31,667 per ton), while the average price for exports to Chile ($16,000 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 (+12.3%).
Imports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Ecuador
In 2022, the amount of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia imported into Ecuador skyrocketed to 119 tons, rising by 243% compared with the previous year. In general, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 295% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia skyrocketed to $1.4M in 2022. Over the period under review, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 28.9 | 63.8 | 6.9 | 1,020 | 228.0% |
| Canada | 42.0 | 95.0 | 69.7 | 144 | 50.8% |
| China | 12.1 | 122 | 121 | 134 | 122.9% |
| South Korea | 13.7 | 25.9 | 17.3 | 41.4 | 44.6% |
| Spain | 13.7 | 7.6 | 2.9 | 13.8 | 0.2% |
| India | N/A | 59.1 | N/A | N/A | 0% |
| Others | 34.8 | 113 | 38.1 | 89.1 | 36.8% |
| Total | 145 | 486 | 256 | 1,443 | 115.1% |
Top Suppliers of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section to Ecuador in 2022:
- United States (77.2 tons)
- China (29.8 tons)
- Canada (3.2 tons)
- Spain (2.7 tons)
- South Korea (2.0 tons)
Exports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Ecuador
In 2022, approx. 101 kg of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia were exported from Ecuador; rising by 66% compared with the previous year's figure. Over the period under review, exports posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 177%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, exports of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia surged to $2.1K in 2022. In general, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 223%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Export of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Ecuador (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| United Kingdom | N/A | N/A | 1,971 | 0% | |
| Argentina | N/A | N/A | 95.0 | 0% | |
| Norway | N/A | 1,232 | N/A | 0% | |
| Slovakia | 381 | N/A | N/A | 0% | |
| Others | N/A | N/A | 16.0 | 0% | |
| Total | 381 | 1,232 | 2,082 | 133.8% | |
Top Export Markets for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section from Ecuador in 2022:
- United Kingdom (97.0 kg)
- Argentina (3.0 kg)
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