Price for Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Ecuador - 2022
Contents:
- Price for Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Ecuador (CIF) - 2022
- Price for Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Ecuador (FOB) - 2022
- Imports of Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Ecuador
- Exports of Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Ecuador
Price for Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Ecuador (CIF) - 2022
In 2022, the average import price for steel, alloy amounted to $3,933 per ton, jumping by 53% against the previous year. Over the period under review, import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for steel, alloy increased by +97.4% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($5,200 per ton), while the price for Mexico ($1,913 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Ecuador (FOB) - 2022
The average export price for steel, alloy stood at $1,274 per ton in 2022, shrinking by -6.5% against the previous year. In general, the export price continues to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2017 when the average export price increased by 7%. The export price peaked at $2,451 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Chile.
From 2012 to 2022, the rate of growth in terms of prices for Chile amounted to -6.3% per year.
Imports of Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Ecuador
In 2022, the amount of steel, alloy imported into Ecuador skyrocketed to 3.1K tons, rising by 62% against the previous year. Overall, imports enjoyed strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of steel, alloy surged to $12M in 2022. In general, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 241 | 115 | 1,360 | 3,955 | 154.1% |
| Germany | 1,681 | 1,039 | 1,446 | 3,085 | 22.4% |
| United States | 583 | 626 | 907 | 2,170 | 55.0% |
| China | 82.8 | 63.0 | 119 | 1,197 | 143.6% |
| South Korea | 1,665 | 769 | 439 | 539 | -31.3% |
| India | 152 | 58.7 | 214 | 505 | 49.2% |
| Hong Kong SAR | N/A | N/A | N/A | 281 | 0% |
| Belgium | 124 | 124 | 142 | 192 | 15.7% |
| Others | 391 | 212 | 254 | 198 | -20.3% |
| Total | 4,921 | 3,006 | 4,880 | 12,122 | 35.1% |
Top Suppliers of Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented to Ecuador in 2022:
- Germany (1014.6 tons)
- France (760.6 tons)
- United States (484.3 tons)
- China (275.6 tons)
- South Korea (243.6 tons)
- India (112.2 tons)
- Hong Kong SAR (67.9 tons)
- Belgium (41.5 tons)
Exports of Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Ecuador
In 2022, approx. 13 tons of steel, alloy were exported from Ecuador; shrinking by -8% against the previous year's figure. In general, exports continue to indicate a deep downturn.
In value terms, exports of steel, alloy contracted to $17K in 2022. Overall, exports saw a drastic downturn. The smallest decline of -14% was in 2021.
| Export of Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 26.0 | 22.3 | 19.2 | 16.5 | -14.1% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 26.0 | 22.3 | 19.2 | 16.5 | -14.1% |
Top Export Markets for Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented from Ecuador in 2022:
- Chile (13.0 tons)
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