Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Bolivia - 2023

Contents:

  1. Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Bolivia (CIF) - 2022
  2. Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Bolivia

Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Bolivia (CIF) - 2022

The average import price for iron or non-alloy steel wire, plated or coated with zincs stood at $1,671 per ton in 2022, picking up by 16% against the previous year. In general, import price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.8% 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 iron or non-alloy steel wire, plated or coated with zincs increased by +51.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 30%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Argentina ($1,690 per ton), while the price for Turkey ($927 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Bolivia

In 2022, imports of iron or non-alloy steel wire, plated or coated with zincs into Bolivia shrank to 7.1K tons, reducing by -12% against the previous year's figure. Overall, imports showed a deep setback. The pace of growth appeared the most rapid in 2021 with an increase of 25% against the previous year.

In value terms, imports of iron or non-alloy steel wire, plated or coated with zincs rose slightly to $12M in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +6.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 62%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Import of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Bolivia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil5.94.97.87.58.3%
Peru2.31.42.53.312.8%
China0.50.30.80.711.9%
Turkey0.30.10.10.2-12.6%
Argentina0.60.40.30.1-45.0%
Others0.2N/A0.10.1-20.6%
Total9.87.211.611.96.7%

Top Suppliers of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc to Bolivia in 2022:

  1. Brazil (4.4K tons)
  2. Peru (2.0K tons)
  3. China (0.4K tons)
  4. Turkey (0.2K tons)
  5. Argentina (0.1K tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Iron or non-alloy steel; wire, plated or coated with zinc - Bolivia