Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Peru - 2022
Contents:
- Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Peru (CIF) - 2022
- Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Peru (FOB) - 2022
- Imports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Peru
- Exports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Peru
Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Peru (CIF) - 2022
In 2022, the average import price for steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses amounted to $628 per ton, reducing by -12.4% against the previous year. Overall, the import price continues to indicate a mild contraction. The most prominent rate of growth was recorded in 2021 an increase of 33%. As a result, import price attained the peak level of $717 per ton, and then reduced in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Mexico ($663 per ton), while the price for China ($621 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (-1.1%), while the prices for the other major suppliers experienced a decline.
Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Peru (FOB) - 2022
The average export price for steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses stood at $415 per ton in 2022, surging by 2.7% against the previous year. In general, the export price, however, saw a deep downturn. The pace of growth appeared the most rapid in 2017 an increase of 64%. The export price peaked at $706 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 Ecuador.
From 2012 to 2022, the rate of growth in terms of prices for Ecuador amounted to -5.2% per year.
Imports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Peru
After three years of growth, overseas purchases of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses decreased by -0.2% to 150K tons in 2022. The total import volume increased at an average annual rate of +7.1% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 23%.
In value terms, imports of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses shrank to $94M in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +11.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +39.6% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 34%. As a result, imports attained the peak of $108M, and then contracted in the following year.
| Import of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Peru (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 51.1 | 70.0 | 87.2 | 72.0 | 12.1% |
| Brazil | 9.1 | 5.7 | 9.1 | 20.5 | 31.1% |
| Mexico | 6.0 | 3.8 | 0.9 | 0.3 | -63.2% |
| India | N/A | N/A | 9.2 | N/A | 0% |
| Others | 1.4 | 1.3 | 1.4 | 1.5 | 2.3% |
| Total | 67.6 | 80.7 | 108 | 94.3 | 11.7% |
Top Suppliers of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils to Peru in 2022:
- China (115.9K tons)
- Brazil (31.4K tons)
- Mexico (0.5K tons)
Exports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Peru
After three years of growth, overseas shipments of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses decreased by -0.3% to 102 tons in 2022. Over the period under review, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 0.7%.
In value terms, exports of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses reached $42K in 2022. Overall, exports continue to indicate a pronounced decline.
| Export of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Peru (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ecuador | 45.4 | 43.4 | 41.5 | 42.5 | -2.2% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 45.4 | 43.4 | 41.5 | 42.5 | -2.2% |
Top Export Markets for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils from Peru in 2022:
- Ecuador (102.3 tons)
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