Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Colombia - 2022
Contents:
- Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Colombia (CIF) - 2022
- Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Colombia (FOB) - 2022
- Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Colombia
- Exports of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Colombia
Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Colombia (CIF) - 2022
In February 2022, the average import price for iron or non-alloy steel wire, plated or coated with zincs amounted to $2,067 per ton, falling by -12.5% against the previous month. In general, import price indicated prominent growth from February 2021 to February 2022: its price increased at an average monthly rate of +5.4% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on February 2022 figures, import price for iron or non-alloy steel wire, plated or coated with zincs increased by +40.9% against November 2021 indices. The pace of growth was the most pronounced in August 2021 an increase of 52% month-to-month. The import price peaked at $2,362 per ton in January 2022, and then reduced in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Brazil ($4,752 per ton), while the price for China ($1,725 per ton) was amongst the lowest.
From February 2021 to February 2022, the most notable rate of growth in terms of prices was attained by Brazil (+8.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Colombia (FOB) - 2022
In 2022, the average export price for iron or non-alloy steel wire, plated or coated with zincs amounted to $1,815 per ton, falling by -6.2% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 49%. As a result, the export price reached the peak level of $1,934 per ton, and then dropped in the following year.
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 Mexico ($2,499 per ton), while the average price for exports to Panama ($1,456 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 Chile (+28.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Colombia
Imports of iron or non-alloy steel wire, plated or coated with zincs into Colombia contracted to 2K tons in 2022, waning by -7.6% on 2021 figures. Overall, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +9.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +42.9% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 55%. As a result, imports reached the peak of 2.2K tons, and then dropped in the following year.
In value terms, imports of iron or non-alloy steel wire, plated or coated with zincs expanded markedly to $3.5M in 2022. Over the period under review, imports, however, recorded significant growth. The growth pace was the most rapid in 2021 when imports increased by 103%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
Import of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Colombia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 293 | 332 | 1,719 | 2,041 | 91.0% |
Italy | 12.7 | 263 | 295 | 485 | 236.8% |
Ecuador | 921 | 355 | 0.4 | 324 | -29.4% |
France | 8.9 | 51.9 | 59.2 | 238 | 199.0% |
Brazil | 18.3 | 144 | 326 | 173 | 111.4% |
United States | 12.9 | 3.9 | 7.5 | 102 | 99.2% |
Spain | 102 | 208 | 603 | 75.4 | -9.6% |
Mexico | 22.6 | 146 | 10.5 | 33.8 | 14.4% |
Turkey | 118 | N/A | 73.6 | 0.8 | -81.1% |
Others | 29.5 | 29.0 | 20.5 | 5.2 | -43.9% |
Total | 1,538 | 1,533 | 3,115 | 3,479 | 31.3% |
Top Suppliers of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc to Colombia in 2022:
- China (1323.1 tons)
- Ecuador (229.0 tons)
- Italy (221.9 tons)
- France (104.2 tons)
- Brazil (41.6 tons)
- Spain (37.4 tons)
- United States (36.4 tons)
- Mexico (24.7 tons)
- Turkey (0.5 tons)
Exports of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Colombia
In 2022, the amount of iron or non-alloy steel wire, plated or coated with zincs exported from Colombia surged to 364 tons, rising by 420% against 2021 figures. In general, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of iron or non-alloy steel wire, plated or coated with zincs soared to $661K in 2022. Over the period under review, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Colombia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Costa Rica | N/A | 36.9 | 55.8 | 345 | 205.8% |
Mexico | 14.0 | 24.3 | 65.1 | 146 | 118.5% |
Panama | N/A | N/A | N/A | 108 | 0% |
Bolivia | 66.1 | N/A | N/A | 59.0 | -3.7% |
Ecuador | 35.4 | 10.0 | 14.6 | 2.5 | -58.7% |
Brazil | N/A | 32.0 | N/A | N/A | 0% |
Others | 2.1 | N/A | 0.1 | 0.4 | -42.5% |
Total | 118 | 103 | 136 | 661 | 77.6% |
Top Export Markets for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc from Colombia in 2022:
- Costa Rica (205.9 tons)
- Panama (74.3 tons)
- Mexico (58.4 tons)
- Bolivia (24.5 tons)
- Ecuador (1.1 tons)
This report provides an in-depth analysis of the market for iron and steel wire in Colombia.
This report provides an in-depth analysis of the market for iron and steel wire in Colombia.
This report provides an in-depth analysis of the global market for iron and steel wire.
This report provides an in-depth analysis of the global market for iron and steel wire.
This report provides an in-depth analysis of the market for iron and steel wire in Colombia.
This report provides an in-depth analysis of the market for iron and steel wire in Colombia.
This report provides an in-depth analysis of the global market for iron and steel wire.
This report provides an in-depth analysis of the global market for iron and steel wire.
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