Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Chile - 2024

Contents:

  1. Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Chile (CIF) - 2022
  2. Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Chile (FOB) - 2024
  3. Imports of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Chile
  4. Exports of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Chile

Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Chile (CIF) - 2022

In 2022, the average import price for alloy steel flat-rolled products, of a width 600mm or mores amounted to $1,594 per ton, growing by 93% against the previous year. In general, the import price saw a prominent expansion. As a result, import price attained 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 Sweden ($1,975 per ton), while the price for Brazil ($1,178 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Chile (FOB) - 2024

The average export price for alloy steel flat-rolled products, of a width 600mm or mores stood at $2,633 per ton in January 2024, with a decrease of -3% against the previous month. Over the period under review, the export price recorded a slight shrinkage. The pace of growth was the most pronounced in November 2023 an increase of 7.4% m-o-m. As a result, the export price attained the peak level of $2,951 per ton. From December 2023 to January 2024, the the average export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In January 2024, the country with the highest price was Singapore ($2,651 per ton), while the average price for exports to Bolivia ($2,520 per ton) was amongst the lowest.

From October 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Ecuador (+9.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Chile

In 2022, the amount of alloy steel flat-rolled products, of a width 600mm or mores imported into Chile fell significantly to 89K tons, waning by -80% against 2021. Over the period under review, imports saw a sharp downturn. The growth pace was the most rapid in 2021 when imports increased by 64%.

In value terms, imports of alloy steel flat-rolled products, of a width 600mm or mores shrank remarkably to $142M in 2022. In general, imports faced a precipitous descent. The most prominent rate of growth was recorded in 2021 with an increase of 110%. As a result, imports reached the peak of $367M, and then fell notably in the following year.

Import of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Chile (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany19.910.013.834.420.0%
China25311729734.3-48.6%
Sweden9.722.317.123.033.3%
Japan18.49.316.719.62.1%
United States11.71.56.514.06.2%
Belgium2.80.11.56.935.1%
Brazil7.46.69.64.7-14.0%
Others3.38.04.45.115.6%
Total327175367142-24.3%

Top Suppliers of Alloy Steel Flat-Rolled Products, of A Width 600mm or More to Chile in 2022:

  1. China (29.1K tons)
  2. Germany (18.0K tons)
  3. Japan (11.9K tons)
  4. Sweden (11.6K tons)
  5. United States (7.2K tons)
  6. Brazil (4.0K tons)
  7. Belgium (3.9K tons)

Exports of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Chile

In 2022, overseas shipments of alloy steel flat-rolled products, of a width 600mm or mores were finally on the rise to reach 632 tons after two years of decline. In general, exports, however, recorded a abrupt downturn.

In value terms, exports of alloy steel flat-rolled products, of a width 600mm or mores surged to $1.4M in 2022. The total export value increased at an average annual rate of +6.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Peru4085863854271.5%
Bolivia368317461357-1.0%
MexicoN/AN/AN/A1590%
EcuadorN/A40.511315092.5%
Colombia21.8N/AN/A13081.3%
PanamaN/AN/AN/A84.10%
Brazil37.4N/A16.322.3-15.8%
Argentina43.136.1N/A13.1-32.8%
Mozambique23247.7N/AN/A-79.4%
Others1.0N/A13.510.0115.4%
Total1,1121,0289901,3526.7%

Top Export Markets for Alloy Steel Flat-Rolled Products, of A Width 600mm or More from Chile in 2022:

  1. Peru (204.8 tons)
  2. Bolivia (159.1 tons)
  3. Colombia (75.3 tons)
  4. Ecuador (64.8 tons)
  5. Mexico (62.8 tons)
  6. Panama (40.2 tons)
  7. Brazil (14.1 tons)
  8. Argentina (2.7 tons)

Source: IndexBox Market Intelligence Platform

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