Price for Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Chile - 2024

Contents:

1. Price for Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Chile (CIF) - 2024
2. Price for Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Chile (FOB) - 2022
3. Imports of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Chile
4. Exports of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Chile

Price for Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Chile (CIF) - 2024

In August 2023, the average import price for stainless steel; flat-rolled products of width less than 600mms amounted to $2,296 per ton, dropping by -22% against the previous month. Over the period under review, the import price showed a noticeable decline. The pace of growth was the most pronounced in June 2023 when the average import price increased by 27% m-o-m. Over the period under review, average import prices hit record highs at $3,390 per ton in April 2023; however, from May 2023 to August 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was China ($3,482 per ton), while the price for Taiwan (Chinese) amounted to $1,979 per ton.

From February 2023 to August 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (-1.9%).

Price for Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Chile (FOB) - 2022

The average export price for stainless steel; flat-rolled products of width less than 600mms stood at $2,900 per ton in 2021, declining by -71.6% against the previous year. Overall, the export price, however, continues to indicate a pronounced increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by 325% against the previous year. As a result, the export price attained the peak level of $10,203 per ton, and then reduced sharply in the following year.

As there is only one major export destination, the average price level is determined by prices for Mexico.

From 2012 to 2021, the rate of growth in terms of prices for Argentina amounted to +7.5% per year.

Imports of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Chile

Imports of stainless steel; flat-rolled products of width less than 600mms into Chile fell notably to 877 tons in 2022, which is down by -43.5% compared with the previous year. In general, imports showed a perceptible decrease. The pace of growth appeared the most rapid in 2021 when imports increased by 93%. As a result, imports reached the peak of 1.6K tons, and then fell notably in the following year.

In value terms, imports of stainless steel; flat-rolled products of width less than 600mms fell significantly to $3.2M in 2022. Overall, imports, however, showed a buoyant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 108% against the previous year. As a result, imports attained the peak of $4.3M, and then plummeted in the following year.

Top Suppliers of Stainless Steel; Flat-Rolled Products of Width Less than 600mm to Chile in 2022:

1. Taiwan (Chinese) (683.0 tons)
2. China (120.7 tons)
3. Brazil (23.8 tons)
4. United States (16.0 tons)
5. Germany (14.7 tons)
6. India (13.9 tons)

Exports of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Chile

In 2021, approx. 30 kg of stainless steel; flat-rolled products of width less than 600mms were exported from Chile; dropping by -83.5% on the previous year's figure. Over the period under review, exports continue to indicate a precipitous shrinkage.

In value terms, exports of stainless steel; flat-rolled products of width less than 600mms dropped rapidly to $87 in 2021. In general, exports saw a precipitous decline. The smallest decline of -33.9% was in 2020.

Top Export Markets for Stainless Steel; Flat-Rolled Products of Width Less than 600mm from Chile in 2022:

1. Mexico (30.0 kg)

Source: IndexBox Market Intelligence Platform