Price for Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Guatemala - 2023

Contents:

1. Price for Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Guatemala (FOB) - 2022
2. Exports of Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Guatemala

Price for Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Guatemala (FOB) - 2022

The average export price for steel, alloy stood at $486 per ton in 2022, rising by 28% against the previous year. In general, the export price, however, saw a dramatic contraction. Over the period under review, the average export prices hit record highs at $49,348 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for China.

From 2018 to 2022, the rate of growth in terms of prices for China amounted to -68.5% per year.

Exports of Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Guatemala

In 2022, after two years of decline, there was significant decline in shipments abroad of steel, alloy, when their volume decreased by -50.5% to 25 tons. Overall, exports saw a relatively flat trend pattern.

In value terms, exports of steel, alloy reduced sharply to $12K in 2022. Over the period under review, exports, however, showed a temperate expansion.

Top Export Markets for Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented from Guatemala in 2022:

1. China (24.5 tons)

Source: IndexBox Market Intelligence Platform