Price for Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Venezuela - 2022
Contents:
- Price for Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Venezuela (FOB) - 2022
- Price for Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Venezuela (CIF) - 2022
- Exports of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Venezuela
- Imports of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Venezuela
Price for Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Venezuela (FOB) - 2022
In 2022, the average export price for iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coilses amounted to $719 per ton, falling by -7.5% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 55% against the previous year. As a result, the export price reached the peak level of $777 per ton, and then dropped in the following year.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Ecuador ($1,520 per ton), while the average price for exports to Peru ($138 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 Guatemala (+49.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Venezuela (CIF) - 2022
The average import price for iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coilses stood at $657 per ton in 2022, with a decrease of -8.3% against the previous year. In general, the import price showed a mild shrinkage. The growth pace was the most rapid in 2018 an increase of 82%. As a result, import price attained the peak level of $1,025 per ton. From 2019 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Trinidad and Tobago ($1,903 per ton), while the price for Turkey ($261 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Trinidad and Tobago (+10.3%), while the prices for the other major suppliers experienced a decline.
Exports of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Venezuela
In 2022, the amount of iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coilses exported from Venezuela declined notably to 13K tons, shrinking by -36.6% against the previous year's figure. Overall, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 274% against the previous year. As a result, the exports attained the peak of 21K tons, and then reduced sharply in the following year.
In value terms, exports of iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coilses reduced notably to $9.4M in 2022. Over the period under review, exports, however, showed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 480%. As a result, the exports attained the peak of $16M, and then fell notably in the following year.
| Export of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Venezuela (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Guatemala | N/A | 0.9 | 9.2 | 5.0 | 135.7% |
| Spain | N/A | N/A | 2.2 | 2.0 | -9.1% |
| Colombia | 1.0 | 0.3 | 2.8 | 1.2 | 6.3% |
| United States | 2.3 | 1.2 | 1.2 | 0.9 | -26.9% |
| Ecuador | 0.6 | 0.3 | 0.3 | 0.2 | -30.7% |
| Peru | 0.2 | 0.1 | 0.1 | 0.1 | -20.6% |
| Others | 0.1 | 0.1 | 0.3 | 0.1 | 0.0% |
| Total | 4.2 | 2.8 | 16.1 | 9.4 | 30.8% |
Top Export Markets for Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils from Venezuela in 2022:
- Guatemala (6.7K tons)
- Spain (3.0K tons)
- Colombia (1.7K tons)
- United States (1.1K tons)
- Peru (0.4K tons)
- Ecuador (0.2K tons)
Imports of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Venezuela
In 2022, overseas purchases of iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coilses increased by 10% to 936 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, showed a abrupt downturn.
In value terms, imports of iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coilses reached $615K in 2022. Overall, imports, however, faced a abrupt decline.
| Import of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Trinidad and Tobago | 328 | 229 | 221 | 221 | -12.3% |
| Argentina | 312 | 194 | 168 | 150 | -21.7% |
| United States | 144 | 111 | 118 | 130 | -3.4% |
| Italy | 81.2 | 62.3 | 66.4 | 73.1 | -3.4% |
| Colombia | 9.5 | 10.8 | 17.3 | 22.9 | 34.1% |
| Brazil | 10.2 | 1.5 | 6.6 | 10.9 | 2.2% |
| Turkey | 12.5 | 7.5 | 6.3 | 5.5 | -23.9% |
| Others | 8.4 | 7.2 | 4.9 | 3.2 | -27.5% |
| Total | 907 | 623 | 608 | 615 | -12.1% |
Top Suppliers of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils to Venezuela in 2022:
- Argentina (457.1 tons)
- United States (188.4 tons)
- Trinidad and Tobago (116.0 tons)
- Italy (106.5 tons)
- Colombia (26.2 tons)
- Turkey (20.8 tons)
- Brazil (16.4 tons)
328
This report provides an in-depth analysis of the market for hot-rolled steel bar and rod in Venezuela.
228
This report provides an in-depth analysis of the market for deformed non-alloy steel wire rod in Venezuela.
260
This report provides an in-depth analysis of the market for free-cutting steel wire rod in Venezuela.
218
This report provides an in-depth analysis of the market for concrete reinforcing wire rod in Venezuela.
103
This report provides an in-depth analysis of the market for hot-rolled non-alloy steel wire rod in Venezuela.
1676
This report provides an in-depth analysis of the global market for hot-rolled steel bar and rod.
590
This report provides an in-depth analysis of the global market for deformed non-alloy steel wire rod.
381
Global Hot-Rolled Wire Rod Market Report 2018. This report provides an in-depth analysis of the global hot-rolled wire rod market.
446
Global Tyre Cord Wire Rod Market Report 2018. This report provides an in-depth analysis of the global market for tyre cord wire rod.
564
This report provides an in-depth analysis of the global market for free-cutting steel wire rod.
139
Explore the top import markets for hot-rolled steel bar and rod based on data from IndexBox. Find out which countries lead the global import market for these essential materials.
1457
Global iron bar imports totaled X tons in 2016, approximately mirroring the previous year figure. In general, iron bar imports continue to indicate a relatively flat trend pattern. The growth pace...
4275
Global iron bar imports totaled X tons in 2016, approximately mirroring the previous year figure. In general, iron bar imports continue to indicate a relatively flat trend pattern. The growth pace...
1149
China dominates in the global bars and rods of iron or steel trade. In 2014, China exported X thousand tons of bars and rods of iron or steel totaling X million USD, X% over the previous year. Its primary trading partner was the Republic o
248
Explore the top import markets for hot-rolled non-alloy steel wire rod including the United States, Germany, Netherlands, and more. Understand the demand and key statistics in these global markets.
139
Explore the top import markets for hot-rolled steel bar and rod based on data from IndexBox. Find out which countries lead the global import market for these essential materials.
1457
Global iron bar imports totaled X tons in 2016, approximately mirroring the previous year figure. In general, iron bar imports continue to indicate a relatively flat trend pattern. The growth pace...
4275
Global iron bar imports totaled X tons in 2016, approximately mirroring the previous year figure. In general, iron bar imports continue to indicate a relatively flat trend pattern. The growth pace...
1149
China dominates in the global bars and rods of iron or steel trade. In 2014, China exported X thousand tons of bars and rods of iron or steel totaling X million USD, X% over the previous year. Its primary trading partner was the Republic o
248
Explore the top import markets for hot-rolled non-alloy steel wire rod including the United States, Germany, Netherlands, and more. Understand the demand and key statistics in these global markets.
