Price for Iron Oxides and Hydroxides in Peru - 2021

Contents:

  1. Price for Iron Oxides and Hydroxides in Peru (CIF) - 2022
  2. Price for Iron Oxides and Hydroxides in Peru (FOB) - 2022
  3. Imports of Iron Oxides and Hydroxides in Peru
  4. Exports of Iron Oxides and Hydroxides in Peru

Price for Iron Oxides and Hydroxides in Peru (CIF) - 2022

The average iron oxides and hydroxides import price stood at $1,399 per ton in 2022, with a decrease of -13.5% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by 47%. As a result, import price reached the peak level of $1,618 per ton, and then fell in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($7,715 per ton), while the price for South Korea ($624 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Iron Oxides and Hydroxides in Peru (FOB) - 2022

In 2022, the average iron oxides and hydroxides export price amounted to $1,013 per ton, with an increase of 4.2% against the previous year. In general, the export price posted slight growth. The most prominent rate of growth was recorded in 2014 when the average export price increased by 121%. As a result, the export price attained the peak level of $2,219 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bolivia ($1,110 per ton), while the average price for exports to Chile ($640 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 Germany (+5.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Iron Oxides and Hydroxides in Peru

In 2022, the amount of iron oxides and hydroxideses imported into Peru reduced to 2.3K tons, waning by -13.5% against the previous year's figure. Overall, imports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2021 when imports increased by 37% against the previous year.

In value terms, iron oxides and hydroxides imports reduced markedly to $3.3M in 2022. Over the period under review, imports recorded a deep reduction. The growth pace was the most rapid in 2021 with an increase of 102%. As a result, imports reached the peak of $4.4M, and then reduced dramatically in the following year.

Import of Iron Oxides and Hydroxides in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,2531,1251,9311,4374.7%
Germany1,092473713550-20.4%
Italy6232.5608452-10.1%
Brazil328179415309-2.0%
United States265169323241-3.1%
Colombia1161101961468.0%
South Korea72.356.866.149.2-12.0%
Others67.546.911079.05.4%
Total3,8162,1624,3633,262-5.1%

Top Suppliers of Iron Oxides and Hydroxides to Peru in 2022:

  1. China (1104.0 tons)
  2. Germany (473.8 tons)
  3. United States (312.7 tons)
  4. Brazil (172.4 tons)
  5. Colombia (85.0 tons)
  6. South Korea (78.9 tons)
  7. Italy (58.6 tons)

Exports of Iron Oxides and Hydroxides in Peru

In 2022, approx. 16 tons of iron oxides and hydroxideses were exported from Peru; rising by 97% compared with 2021. Overall, exports recorded a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 360%. As a result, the exports reached the peak of 24 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, iron oxides and hydroxides exports soared to $16K in 2022. In general, exports enjoyed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 354% against the previous year. As a result, the exports attained the peak of $25K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Iron Oxides and Hydroxides in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bolivia0.12.33.26.4300.0%
Ecuador2.18.62.34.629.9%
Chile0.312.11.02.4100.0%
United StatesN/AN/A1.1N/A0%
Others2.91.90.43.01.1%
Total5.524.88.016.443.9%

Top Export Markets for Iron Oxides and Hydroxides from Peru in 2022:

  1. Ecuador (6.5 tons)
  2. Bolivia (5.8 tons)
  3. Chile (3.7 tons)

Source: IndexBox Market Intelligence Platform

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