Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Colombia - 2022
Contents:
- Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Colombia (CIF) - 2022
- Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Colombia (FOB) - 2022
- Imports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Colombia
- Exports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Colombia
Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Colombia (CIF) - 2022
In 2022, the average import price for steel, stainless; semi-finished products, other than of rectangular cross-sectia amounted to $2,964 per ton, with a decrease of -52.9% against the previous year. Over the period under review, the import price continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2019 an increase of 44%. As a result, import price attained the peak level of $9,811 per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Sweden ($3,079 per ton), while the price for the United States stood at $2,878 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Panama (+17.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Colombia (FOB) - 2022
In 2022, the average export price for steel, stainless; semi-finished products, other than of rectangular cross-sectia amounted to $15,406 per ton, with an increase of 38% against the previous year. Overall, export price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for steel, stainless; semi-finished products, other than of rectangular cross-sectia increased by +58.7% against 2019 indices. The pace of growth was the most pronounced in 2014 an increase of 52% against the previous year. The export price peaked at $20,000 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Ecuador ($27,000 per ton), while the average price for exports to the United States ($10,500 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 the Dominican Republic (+8.2%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Colombia
For the fourth year in a row, Colombia recorded growth in supplies from abroad of steel, stainless; semi-finished products, other than of rectangular cross-sectia, which increased by 213% to 51 tons in 2022. Overall, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of steel, stainless; semi-finished products, other than of rectangular cross-sectia soared to $152K in 2022. Over the period under review, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 7.8 | 25.4 | 30.1 | 144 | 164.3% |
| Sweden | 1.3 | 2.6 | 3.9 | 3.1 | 33.6% |
| Panama | 12.3 | 25.9 | 30.0 | N/A | 56.2% |
| Netherlands | 33.7 | 21.7 | 29.2 | N/A | -6.9% |
| Others | 2.1 | 3.3 | 10.0 | 4.8 | 31.7% |
| Total | 57.2 | 78.8 | 103 | 152 | 38.5% |
Top Suppliers of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section to Colombia in 2022:
- United States (50.1 tons)
- Sweden (1.0 tons)
Exports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Colombia
In 2022, exports of steel, stainless; semi-finished products, other than of rectangular cross-sectia from Colombia soared to 106 kg, rising by 56% compared with the previous year's figure. In general, exports recorded a modest increase. The most prominent rate of growth was recorded in 2020 with an increase of 101%. As a result, the exports reached the peak of 207 kg. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of steel, stainless; semi-finished products, other than of rectangular cross-sectia surged to $1.6K in 2022. Over the period under review, exports recorded a strong expansion. The pace of growth appeared the most rapid in 2020 with an increase of 150%. As a result, the exports reached the peak of $2.5K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Colombia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Panama | 581 | 1,429 | 406 | 799 | 11.2% |
| Dominican Republic | 327 | 967 | 330 | 774 | 33.3% |
| United States | 18.0 | 38.0 | 8.0 | 21.0 | 5.3% |
| Aruba | N/A | N/A | 5.0 | N/A | 0% |
| Others | 74.0 | 68.0 | 12.0 | 39.0 | -19.2% |
| Total | 1,000 | 2,502 | 761 | 1,633 | 17.8% |
Top Export Markets for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section from Colombia in 2022:
- Panama (60.0 kg)
- Dominican Republic (42.0 kg)
- United States (2.0 kg)
643
This report provides an in-depth analysis of the market for raw steel and steel semi-finished products in Colombia.
4693
This report provides an in-depth analysis of the global market for raw steel and steel semi-finished products.
217
Explore the top import markets for raw steel and steel semi-finished products worldwide. Get key statistics and insights from the IndexBox market intelligence platform.
2371
The beginning of 2021 saw a sharp increase in the steel demand, while metallurgical plants were still recovering from the operational downtime incurred during the lockdown. This market disbalance leads to an increase in steel prices. The recovery of the automotive sector and other downstream industries in 2020, at a faster pace than expected, generates the conditions for robust steel demand in the medium term.
766
In value terms, ferro-cerium and other pyrophoric alloys imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern ind...
1075
In value terms, ferro-cerium and other pyrophoric alloys exports totaled $X in 2016. In general, ferro-cerium and other pyrophoric alloys exports continue to indicate a relatively flat trend patter...
806
In 2016, approx. X tons of steel were imported worldwide- moving up by X% against the previous year level. In general, steel imports continue to indicate a relatively flat trend pattern. The pace...
767
In 2016, approx. X tons of steel were imported worldwide- moving up by X% against the previous year level. In general, steel imports continue to indicate a relatively flat trend pattern. The pace...
