Price for Steel, Alloy; Angles, Shapes and Sections in Colombia - 2022
Contents:
- Price for Steel, Alloy; Angles, Shapes and Sections in Colombia (CIF) - 2022
- Price for Steel, Alloy; Angles, Shapes and Sections in Colombia (FOB) - 2022
- Imports of Steel, Alloy; Angles, Shapes and Sections in Colombia
- Exports of Steel, Alloy; Angles, Shapes and Sections in Colombia
Price for Steel, Alloy; Angles, Shapes and Sections in Colombia (CIF) - 2022
In 2022, the average import price for steel, alloy; angles, shapes and sectionses amounted to $1,257 per ton, surging by 61% against the previous year. Overall, import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for steel, alloy; angles, shapes and sectionses increased by +86.0% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 ($2,191 per ton), while the price for China ($1,025 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Luxembourg (+27.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Steel, Alloy; Angles, Shapes and Sections in Colombia (FOB) - 2022
In February 2022, the average export price for steel, alloy; angles, shapes and sectionses amounted to $2,056 per ton, growing by 9.5% against the previous month. Over the period under review, export price indicated a tangible increase from February 2021 to February 2022: its price increased at an average monthly rate of +4.4% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on February 2022 figures, export price for steel, alloy; angles, shapes and sectionses increased by +67.7% against March 2021 indices. The growth pace was the most rapid in June 2021 an increase of 23% month-to-month. Over the period under review, the average export prices attained the maximum in February 2022.
Average prices varied noticeably for the major export markets. In February 2022, the country with the highest price was Ecuador ($2,219 per ton), while the average price for exports to Venezuela stood at $2,052 per ton.
From February 2021 to February 2022, the most notable rate of growth in terms of prices was recorded for supplies to Venezuela (+4.6%).
Imports of Steel, Alloy; Angles, Shapes and Sections in Colombia
After two years of decline, supplies from abroad of steel, alloy; angles, shapes and sectionses increased by 820% to 8.6K tons in 2022. In general, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of steel, alloy; angles, shapes and sectionses skyrocketed to $11M in 2022. Overall, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Steel, Alloy; Angles, Shapes and Sections in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Free Zones | 1,150 | 559 | 241 | 3,723 | 47.9% |
| Spain | 1,173 | 281 | 235 | 2,872 | 34.8% |
| Turkey | 260 | 147 | 191 | 2,328 | 107.7% |
| Luxembourg | 33.1 | N/A | N/A | 545 | 154.4% |
| United States | 49.5 | 25.9 | 24.9 | 509 | 117.5% |
| Mexico | 17.4 | 12.3 | 7.7 | 280 | 152.5% |
| China | 163 | 49.8 | 10.6 | 51.5 | -31.9% |
| Others | 96.8 | 45.3 | 17.7 | 381 | 57.9% |
| Total | 2,943 | 1,120 | 728 | 10,689 | 53.7% |
Top Suppliers of Steel, Alloy; Angles, Shapes and Sections to Colombia in 2022:
- Free Zones (3.5K tons)
- Spain (2.5K tons)
- Turkey (1.7K tons)
- Luxembourg (0.4K tons)
- Mexico (0.2K tons)
- United States (0.2K tons)
- China (0.1K tons)
Exports of Steel, Alloy; Angles, Shapes and Sections in Colombia
In 2022, shipments abroad of steel, alloy; angles, shapes and sectionses increased by 186% to 11 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, showed a sharp slump.
In value terms, exports of steel, alloy; angles, shapes and sectionses soared to $25K in 2022. In general, exports, however, faced a sharp downturn.
| Export of Steel, Alloy; Angles, Shapes and Sections in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Venezuela | 4.3 | 2.5 | 5.4 | 19.8 | 66.4% |
| Dominican Republic | 19.5 | 3.5 | 2.5 | 3.1 | -45.8% |
| Ecuador | 42.3 | 4.1 | 0.6 | 2.1 | -63.2% |
| Panama | 6.9 | 0.6 | 0.3 | 0.2 | -69.3% |
| Others | 1.8 | 1.2 | 0.2 | N/A | -66.7% |
| Total | 74.8 | 11.8 | 8.9 | 25.3 | -30.3% |
Top Export Markets for Steel, Alloy; Angles, Shapes and Sections from Colombia in 2022:
- Venezuela (9.4 tons)
- Dominican Republic (0.8 tons)
- Ecuador (0.6 tons)
409
This report provides an in-depth analysis of the stainless steel angle market in Colombia.
461
This report provides an in-depth analysis of the hollow drill bar market in Colombia.
339
This report provides an in-depth analysis of the market for hot-rolled bearing steel bar in Colombia.
287
This report provides an in-depth analysis of the market for hot-rolled tool steel bar in Colombia.
283
This report provides an in-depth analysis of the market for hot-rolled high speed steel bar in Colombia.
316
This report provides an in-depth analysis of the market for hot-rolled silico-manganese steel bar in Colombia.
488
This report provides an in-depth analysis of the market for hot-rolled steel bar and rod in Colombia.
1382
This report provides an in-depth analysis of the global stainless steel angle market.
572
This report provides an in-depth analysis of the global hollow drill bar market.
706
This report provides an in-depth analysis of the global market for hot-rolled bearing steel bar.
1416
Global stainless steel angle imports totaled X tons in 2016, waning by -X% against the previous year level. In general, stainless steel angle imports continue to indicate a moderate decline. Th...
951
Global stainless steel angle imports totaled X tons in 2016, waning by -X% against the previous year level. In general, stainless steel angle imports continue to indicate a moderate decline. Th...
1110
Despite a slight drop in exports, India continued its dominance in the global trade of stainless steel angles, shapes and sections. In 2014, India exported X thousand tons of stainless steel angles, shapes and sections totaling X million USD, X%
132
Explore the top import markets for Hot-Rolled Bearing Steel Bar and discover the leading countries driving the global demand for this essential steel product.
141
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.
1458
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...
4280
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
132
Explore the top import markets for Hot-Rolled Bearing Steel Bar and discover the leading countries driving the global demand for this essential steel product.
