Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Panama - 2023
Contents:
- Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Panama (CIF) - 2022
- Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Panama (FOB) - 2022
- Imports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Panama
- Exports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Panama
Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Panama (CIF) - 2022
The average import price for steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia stood at $6,524 per ton in 2022, with a decrease of -48.4% against the previous year. Overall, the import price recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2016 when the average import price decreased by -20.5% against the previous year. Over the period under review, average import prices hit record highs at $27,316 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat 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 the United States ($12,750 per ton), while the price for China ($6,342 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 (+98.1%), 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 Panama (FOB) - 2022
The average export price for steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia stood at $21,968 per ton in 2022, shrinking by -83.2% against the previous year. Over the period under review, the export price, however, posted a prominent expansion. The most prominent rate of growth was recorded in 2013 when the average export price increased by 4,046% against the previous year. As a result, the export price reached the peak level of $208,333 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Denmark ($49,750 per ton), while the average price for exports to Nicaragua totaled $16,195 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nicaragua (+16.2%).
Imports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Panama
For the fourth year in a row, Panama recorded growth in supplies from abroad of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia, which increased by 721% to 4.8 tons in 2022. Over the period under review, imports saw a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 2,547%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia soared to $31K in 2022. In general, imports posted significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 1,668%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.1 | 2.4 | N/A | 29.4 | 564.9% |
| Germany | N/A | N/A | 5.3 | 1.0 | -81.1% |
| United States | 0.4 | 6.4 | 2.1 | 0.2 | -20.6% |
| Others | N/A | 0.4 | N/A | 0.8 | 41.4% |
| Total | 0.5 | 9.2 | 7.4 | 31.4 | 297.5% |
Top Suppliers of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section to Panama in 2022:
- China (4.6 tons)
- Germany (0.1 tons)
Exports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Panama
In 2022, overseas shipments of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia were finally on the rise to reach 93 kg after two years of decline. Overall, exports, however, showed a sharp decrease.
In value terms, exports of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia fell rapidly to $2K in 2022. Over the period under review, exports, however, recorded a sharp contraction. The pace of growth was the most pronounced in 2021 with an increase of 923% against the previous year.
| Export of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Nicaragua | 0.8 | 0.1 | 0.2 | 1.2 | 14.5% |
| Denmark | N/A | N/A | N/A | 0.8 | 0% |
| Costa Rica | N/A | 1.0 | N/A | N/A | 0% |
| Bolivia | N/A | N/A | 10.6 | N/A | 0% |
| Ghana | 57.2 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | 0.2 | N/A | 0% |
| Total | 58.0 | 1.1 | 11.0 | 2.0 | -67.5% |
Top Export Markets for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section from Panama in 2022:
- Nicaragua (77.0 kg)
- Denmark (16.0 kg)
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