Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in Peru - 2022
Contents:
- Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in Peru (CIF) - 2022
- Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in Peru (FOB) - 2022
- Imports of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Peru
- Exports of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Peru
Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in Peru (CIF) - 2022
The average import price for stainless steel bars and rods, angles, shapes and sectionses stood at $3,113 per ton in 2022, rising by 21% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 25% against the previous year. The import price peaked at $3,555 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Brazil ($7,812 per ton), while the price for China ($2,745 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+11.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in Peru (FOB) - 2022
The average export price for stainless steel bars and rods, angles, shapes and sectionses stood at $2,087 per ton in 2022, dropping by -33.9% against the previous year. In general, the export price continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2020 an increase of 66%. The export price peaked at $5,823 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Colombia ($9,574 per ton), while the average price for exports to Ecuador ($1,605 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 Panama (+10.5%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Peru
In 2022, after three years of growth, there was significant decline in purchases abroad of stainless steel bars and rods, angles, shapes and sectionses, when their volume decreased by -27.9% to 2.7K tons. In general, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 36% against the previous year. As a result, imports reached the peak of 3.7K tons, and then plummeted in the following year.
In value terms, imports of stainless steel bars and rods, angles, shapes and sectionses declined to $8.3M in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +5.8% 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 +47.8% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 70% against the previous year. As a result, imports attained the peak of $9.5M, and then fell in the following year.
| Import of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Peru (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 4.6 | 3.2 | 5.0 | 3.9 | -5.4% |
| China | 1.0 | 1.3 | 3.1 | 3.7 | 54.7% |
| Turkey | N/A | 0.2 | 0.2 | N/A | 0.0% |
| Brazil | 0.5 | 0.5 | 0.5 | N/A | 0.0% |
| Others | 0.9 | 0.3 | 0.7 | 0.7 | -8.0% |
| Total | 7.0 | 5.6 | 9.5 | 8.3 | 5.8% |
Top Suppliers of Stainless Steel Bars and Rods, Angles, Shapes and Sections to Peru in 2022:
- China (1335.6 tons)
- India (1185.9 tons)
- Turkey (12.5 tons)
- Brazil (2.0 tons)
Exports of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Peru
After two years of decline, overseas shipments of stainless steel bars and rods, angles, shapes and sectionses increased by 9,468% to 220 tons in 2022. Over the period under review, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of stainless steel bars and rods, angles, shapes and sectionses soared to $459K in 2022. Overall, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Peru (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ecuador | 7.8 | 0.3 | 4.9 | 301 | 237.9% |
| Colombia | 2.3 | 0.7 | N/A | 59.6 | 195.9% |
| Bolivia | 90.4 | 17.3 | 0.4 | 57.3 | -14.1% |
| Dominican Republic | N/A | N/A | N/A | 39.2 | 0% |
| Others | 0.5 | 1.8 | 2.0 | 1.8 | 53.3% |
| Total | 101 | 20.1 | 7.2 | 459 | 65.6% |
Top Export Markets for Stainless Steel Bars and Rods, Angles, Shapes and Sections from Peru in 2022:
- Ecuador (187.4 tons)
- Bolivia (22.0 tons)
- Colombia (6.2 tons)
- Dominican Republic (4.1 tons)
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