Price for Steel, Stainless; Ingots and Other Primary Forms in Guatemala - 2022

Contents:

  1. Price for Steel, Stainless; Ingots and Other Primary Forms in Guatemala (CIF) - 2022
  2. Imports of Steel, Stainless; Ingots and Other Primary Forms in Guatemala

Price for Steel, Stainless; Ingots and Other Primary Forms in Guatemala (CIF) - 2022

In 2022, the average import price for steel, stainless; ingots and other primary formses amounted to $54,758 per ton, growing by 1,106% against the previous year. Overall, the import price continues to indicate significant growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -2.3% per year.

Imports of Steel, Stainless; Ingots and Other Primary Forms in Guatemala

In 2022, overseas purchases of steel, stainless; ingots and other primary formses decreased by -99.9% to 33 kg, falling for the second consecutive year after two years of growth. In general, imports faced a sharp curtailment. The growth pace was the most rapid in 2020 with an increase of 66%. As a result, imports attained the peak of 74 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of steel, stainless; ingots and other primary formses reduced remarkably to $1.8K in 2022. Over the period under review, imports saw a precipitous decrease. The growth pace was the most rapid in 2020 with an increase of 25% against the previous year. As a result, imports attained the peak of $265K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Steel, Stainless; Ingots and Other Primary Forms in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChinaN/AN/AN/A1.80%
United States211265146N/A-16.8%
Others0.3N/AN/AN/A0%
Total2112651461.8-79.6%

Top Suppliers of Steel, Stainless; Ingots and Other Primary Forms to Guatemala in 2022:

  1. China (33.0 kg)

Source: IndexBox Market Intelligence Platform

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