Guatemala - Hot-Rolled Bars Of Silico-Manganese Steel - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Hot-Rolled Silico-Manganese Steel Bar in Guatemala - 2023
Contents:
- Price for Hot-Rolled Silico-Manganese Steel Bar in Guatemala (FOB) - 2022
- Price for Hot-Rolled Silico-Manganese Steel Bar in Guatemala (CIF) - 2022
- Exports of Hot-Rolled Silico-Manganese Steel Bar in Guatemala
- Imports of Hot-Rolled Silico-Manganese Steel Bar in Guatemala
Price for Hot-Rolled Silico-Manganese Steel Bar in Guatemala (FOB) - 2022
In 2022, the average hot-rolled silico-manganese steel bar export price amounted to $4,749 per ton, surging by 13% against the previous year. Overall, export price indicated a buoyant expansion from 2015 to 2022: its price increased at an average annual rate of +5.4% over the last seven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, hot-rolled silico-manganese steel bar export price increased by +29.2% against 2020 indices. The most prominent rate of growth was recorded in 2018 when the average export price increased by 55% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in the near future.
As there is only one major export destination, the average price level is determined by prices for El Salvador.
From 2015 to 2022, the rate of growth in terms of prices for El Salvador amounted to +5.4% per year.
Price for Hot-Rolled Silico-Manganese Steel Bar in Guatemala (CIF) - 2022
The average hot-rolled silico-manganese steel bar import price stood at $5,333 per ton in 2022, rising by 121% against the previous year. Overall, the import price, however, continues to indicate a abrupt decline. The import price peaked at $9,103 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to +2.5% per year.
Exports of Hot-Rolled Silico-Manganese Steel Bar in Guatemala
Hot-rolled silico-manganese steel bar exports from Guatemala skyrocketed to 15 tons in 2022, jumping by 264% compared with 2021 figures. Over the period under review, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, hot-rolled silico-manganese steel bar exports soared to $69K in 2022. In general, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Hot-Rolled Silico-Manganese Steel Bar in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| El Salvador | 18.4 | 35.1 | 16.9 | 69.4 | 55.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 18.4 | 35.1 | 16.9 | 69.4 | 55.7% |
Top Export Markets for Hot-Rolled Silico-Manganese Steel Bar from Guatemala in 2022:
- El Salvador (14.6 tons)
Imports of Hot-Rolled Silico-Manganese Steel Bar in Guatemala
In 2022, overseas purchases of hot-rolled bars of silico-manganese steel decreased by -99.8% to 36 kg, falling for the second consecutive year after two years of growth. Over the period under review, imports showed a sharp reduction. The pace of growth was the most pronounced in 2020 with an increase of 803%. As a result, imports reached the peak of 20 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, hot-rolled silico-manganese steel bar imports contracted rapidly to $192 in 2022. In general, imports continue to indicate a sharp decrease. The pace of growth appeared the most rapid in 2020 when imports increased by 490%. As a result, imports reached the peak of $61K. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Hot-Rolled Silico-Manganese Steel Bar in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 10.4 | 8.8 | 0.5 | 0.2 | -73.2% |
| Taiwan (Chinese) | N/A | 52.5 | 35.8 | N/A | -31.8% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 10.4 | 61.3 | 36.3 | 0.2 | -73.2% |
Top Suppliers of Hot-Rolled Silico-Manganese Steel Bar to Guatemala in 2022:
- United States (36.0 kg)
This report provides an in-depth analysis of the market for hot-rolled silico-manganese steel bar in Guatemala. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 24106620 - Hot-rolled bars of silico-manganese steel
Country coverage:
- Guatemala
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Guatemala
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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