Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Venezuela - 2022
Contents:
- Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Venezuela (CIF) - 2022
- Imports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Venezuela
Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Venezuela (CIF) - 2022
In 2022, the average import price for steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia amounted to $3,676 per ton, declining by -9.8% against the previous year. Over the period under review, the import price recorded a abrupt descent. The most prominent rate of growth was recorded in 2018 when the average import price increased by 78% against the previous year. As a result, import price reached the peak level of $11,089 per ton. From 2019 to 2022, the average import prices failed to regain momentum.
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 Colombia ($5,778 per ton), while the price for China amounted to $3,635 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+92.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Venezuela
Imports of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia into Venezuela dropped sharply to 4.7 tons in 2022, shrinking by -89.9% against 2021. Over the period under review, imports recorded a significant decline. The growth pace was the most rapid in 2021 with an increase of 407% against the previous year. As a result, imports reached the peak of 47 tons, and then shrank notably in the following year.
In value terms, imports of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia shrank markedly to $17K in 2022. In general, imports continue to indicate a dramatic downturn. The pace of growth was the most pronounced in 2021 with an increase of 254%. As a result, imports attained the peak of $191K, and then contracted rapidly in the following year.
| Import of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 65.7 | 31.5 | 191 | 16.9 | -36.4% |
| Colombia | N/A | N/A | N/A | 0.5 | 0% |
| Others | 38.1 | 22.5 | N/A | N/A | -40.9% |
| Total | 104 | 54.0 | 191 | 17.4 | -44.9% |
Top Suppliers of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section to Venezuela in 2022:
- China (4.7 tons)
- Colombia (0.1 tons)
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