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

Contents:

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

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

The average import price for railway or tramway track constructions of iron or steel stood at $1,418 per ton in 2022, growing by 21% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average import price increased by 27% against the previous year. The import price peaked at $1,492 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($2,523 per ton), while the price for China ($1,088 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+4.6%), 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 Colombia (FOB) - 2022

The average export price for railway or tramway track constructions of iron or steel stood at $6,658 per ton in 2022, falling by -43.4% against the previous year. Over the period under review, the export price, however, saw measured growth. The pace of growth was the most pronounced in 2021 when the average export price increased by 139%. As a result, the export price attained the peak level of $11,766 per ton, and then declined notably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Costa Rica ($11,042 per ton), while the average price for exports to Peru ($6,450 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to El Salvador (+20.6%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, approx. 12K tons of railway or tramway track constructions of iron or steel were imported into Colombia; jumping by 116% against 2021 figures. In general, imports saw a significant expansion. As a result, imports attained 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 soared to $17M in 2022. Over the period under review, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Railway or Tramway Track Constructions of Iron or Steel in Colombia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.62.05.19.940.1%
United States0.30.20.65.2158.8%
Spain2.01.90.51.2-15.7%
Others0.70.60.30.70.0%
Total6.64.76.517.037.1%

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

  1. China (9.1K tons)
  2. United States (2.1K tons)
  3. Spain (0.5K tons)

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

In 2022, the amount of railway or tramway track constructions of iron or steel exported from Colombia soared to 1.5 tons, surging by 69% compared with 2021. Over the period under review, exports, however, showed a sharp contraction. The most prominent rate of growth was recorded in 2020 with an increase of 607% against the previous year. As a result, the exports reached the peak of 32 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of railway or tramway track constructions of iron or steel reduced modestly to $9.7K in 2022. Overall, exports, however, saw a abrupt descent. The growth pace was the most rapid in 2020 with an increase of 861% against the previous year. As a result, the exports attained the peak of $157K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Railway or Tramway Track Constructions of Iron or Steel in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
PeruN/AN/AN/A8.20%
Ecuador0.4N/A6.21.244.2%
Costa RicaN/AN/AN/A0.30%
Aruba13.7157N/AN/A1046.0%
Others2.2N/A3.90.1-64.3%
Total16.315710.29.7-15.9%

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

  1. Peru (1274.0 kg)
  2. Ecuador (147.0 kg)
  3. Costa Rica (24.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Railway or tramway track constructions of iron or steel - Colombia