Price for Railway or Tramway Track Constructions of Iron or Steel in Venezuela - 2022

Contents:

  1. Price for Railway or Tramway Track Constructions of Iron or Steel in Venezuela (CIF) - 2022
  2. Price for Railway or Tramway Track Constructions of Iron or Steel in Venezuela (FOB) - 2022
  3. Imports of Railway or Tramway Track Constructions of Iron or Steel in Venezuela
  4. Exports of Railway or Tramway Track Constructions of Iron or Steel in Venezuela

Price for Railway or Tramway Track Constructions of Iron or Steel in Venezuela (CIF) - 2022

The average import price for railway or tramway track constructions of iron or steel stood at $1,483 per ton in 2022, with a decrease of -22.7% against the previous year. Over the period under review, the import price recorded a mild slump. The most prominent rate of growth was recorded in 2015 an increase of 125%. As a result, import price attained the peak level of $3,346 per ton. From 2016 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($11,896 per ton), while the price for Belgium ($315 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+15.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Railway or Tramway Track Constructions of Iron or Steel in Venezuela (FOB) - 2022

The average export price for railway or tramway track constructions of iron or steel stood at $17,293 per ton in 2022, growing by 34% against the previous year. Over the period under review, the export price posted buoyant growth. The growth pace was the most rapid in 2016 an increase of 262% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($84,000 per ton), while the average price for exports to Colombia amounted to $1,268 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+18.6%).

Imports of Railway or Tramway Track Constructions of Iron or Steel in Venezuela

In 2022, approx. 1.5K tons of railway or tramway track constructions of iron or steel were imported into Venezuela; jumping by 545% compared with 2021. In general, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of railway or tramway track constructions of iron or steel surged to $2.2M in 2022. Overall, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Railway or Tramway Track Constructions of Iron or Steel in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China7.73.389.0645337.5%
France39.9141184641152.3%
United States25.222.152.1377146.4%
Canada4.519.531.2133209.2%
Spain2.49.513.987.3231.3%
Luxembourg1.04.88.245.7257.5%
Netherlands2.37.69.129.1133.0%
Others8.532.546.1206189.4%
Total91.52404342,164187.0%

Top Suppliers of Railway or Tramway Track Constructions of Iron or Steel to Venezuela in 2022:

  1. China (768.3 tons)
  2. United States (196.3 tons)
  3. Canada (166.3 tons)
  4. Netherlands (70.0 tons)
  5. Spain (62.0 tons)
  6. France (53.9 tons)
  7. Luxembourg (33.2 tons)

Exports of Railway or Tramway Track Constructions of Iron or Steel in Venezuela

For the third consecutive year, Venezuela recorded decline in shipments abroad of railway or tramway track constructions of iron or steel, which decreased by -46.2% to 222 kg in 2022. Overall, exports recorded a sharp slump. The smallest decline of -45.3% was in 2020.

In value terms, exports of railway or tramway track constructions of iron or steel declined remarkably to $3.8K in 2022. Over the period under review, exports saw a dramatic shrinkage. The smallest decline of -28.1% was in 2021.

Export of Railway or Tramway Track Constructions of Iron or Steel in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States8.66.54.93.6-25.2%
Colombia1.80.90.50.2-51.9%
OthersN/AN/AN/AN/A0%
Total10.37.45.33.8-28.3%

Top Export Markets for Railway or Tramway Track Constructions of Iron or Steel from Venezuela in 2022:

  1. Colombia (179.0 kg)
  2. United States (43.0 kg)

Source: IndexBox Market Intelligence Platform

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