Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Ecuador - 2022
Contents:
- Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Ecuador (CIF) - 2022
- Imports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Ecuador
Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Ecuador (CIF) - 2022
In 2022, the average import price for steel, stainless; semi-finished products, other than of rectangular cross-sectia amounted to $3,666 per ton, with an increase of 8.1% against the previous year. Over the period under review, the import price, however, saw a mild shrinkage. The most prominent rate of growth was recorded in 2018 an increase of 44% against the previous year. Over the period under review, average import prices attained the peak figure at $4,430 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($4,544 per ton), while the price for China ($864 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+2.6%), while the prices for the other major suppliers experienced a decline.
Imports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Ecuador
In 2022, purchases abroad of steel, stainless; semi-finished products, other than of rectangular cross-sectia was finally on the rise to reach 100 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports saw a relatively flat trend pattern. 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 $365K in 2022. In general, imports continue to indicate a buoyant expansion. As a result, imports attained 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 Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 116 | 29.4 | 37.6 | 316 | 39.7% |
| Netherlands | 25.5 | 17.8 | 14.9 | 26.8 | 1.7% |
| China | 94.0 | 31.7 | 17.8 | 12.9 | -48.4% |
| Italy | 16.3 | 11.2 | 12.9 | N/A | -11.0% |
| Others | 7.7 | 4.6 | 8.2 | 9.5 | 7.3% |
| Total | 260 | 94.9 | 91.4 | 365 | 12.0% |
Top Suppliers of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section to Ecuador in 2022:
- India (77.6 tons)
- China (14.9 tons)
- Netherlands (5.9 tons)
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