Price for Steel, Alloy; Semi-Finished Products in Venezuela - 2022
Contents:
- Price for Steel, Alloy; Semi-Finished Products in Venezuela (CIF) - 2022
- Imports of Steel, Alloy; Semi-Finished Products in Venezuela
Price for Steel, Alloy; Semi-Finished Products in Venezuela (CIF) - 2022
In 2022, the average steel, alloy; semi-finished products import price amounted to $12,958 per ton, approximately equating the previous year. Overall, import price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, steel, alloy; semi-finished products import price decreased by +0.4% against 2020 indices. The growth pace was the most rapid in 2013 when the average import price increased by 65% against the previous year. The import price peaked at $18,394 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.
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 the United States ($124,000 per ton), while the price for India totaled $12,674 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.0%).
Imports of Steel, Alloy; Semi-Finished Products in Venezuela
In 2022, purchases abroad of steel, alloy; semi-finished productses was finally on the rise to reach 1.2 tons after two years of decline. Overall, imports, however, recorded a sharp decrease.
In value terms, steel, alloy; semi-finished products imports stood at $16K in 2022. In general, imports, however, continue to indicate a dramatic decline. The smallest decline of -49.7% was in 2021.
| Import of Steel, Alloy; Semi-Finished Products in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 133 | 30.1 | 15.2 | 15.3 | -51.4% |
| United States | 30.5 | 1.1 | 0.5 | 0.4 | -76.4% |
| Others | 0.8 | 0.1 | N/A | N/A | -87.5% |
| Total | 164 | 31.3 | 15.7 | 15.7 | -54.3% |
Top Suppliers of Steel, Alloy; Semi-Finished Products to Venezuela in 2022:
- India (1210.0 kg)
- United States (3.0 kg)
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