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Peru - Wire Rod Of Free-Cutting Steel - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Free-Cutting Steel Wire Rod in Peru - 2021
Contents:
- Price for Free-Cutting Steel Wire Rod in Peru (CIF) - 2022
- Price for Free-Cutting Steel Wire Rod in Peru (FOB) - 2022
- Imports of Free-Cutting Steel Wire Rod in Peru
- Exports of Free-Cutting Steel Wire Rod in Peru
Price for Free-Cutting Steel Wire Rod in Peru (CIF) - 2022
The average free-cutting steel wire rod import price stood at $503 per ton in 2022, remaining constant against the previous year. Overall, the import price, however, showed a perceptible contraction. The growth pace was the most rapid in 2017 when the average import price increased by 27%. The import price peaked at $707 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for Mexico amounted to +5.4% per year.
Price for Free-Cutting Steel Wire Rod in Peru (FOB) - 2022
In 2022, the average free-cutting steel wire rod export price amounted to $1,927 per ton, declining by -2.8% against the previous year. Over the period under review, the export price recorded a perceptible slump. The most prominent rate of growth was recorded in 2015 when the average export price increased by 17% against the previous year. As a result, the export price reached the peak level of $2,822 per ton. From 2016 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Bolivia.
From 2012 to 2022, the rate of growth in terms of prices for Bolivia amounted to -2.1% per year.
Imports of Free-Cutting Steel Wire Rod in Peru
In 2022, free-cutting steel wire rod imports into Peru stood at 4.5K tons, flattening at 2021 figures. Overall, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +16.3% 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 decreased by -0.2% against 2020 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 57%. As a result, imports attained the peak of 4.6K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, free-cutting steel wire rod imports expanded modestly to $2.3M in 2022. The total import value increased at an average annual rate of +11.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 42%. As a result, imports reached the peak of $2.3M; afterwards, it flattened through to 2022.
Import of Free-Cutting Steel Wire Rod in Peru (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 0.5 | 2.1 | 2.2 | 2.3 | 66.3% |
Turkey | 1.1 | 0.2 | N/A | N/A | -81.8% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 1.6 | 2.3 | 2.2 | 2.3 | 12.9% |
Top Suppliers of Free-Cutting Steel Wire Rod to Peru in 2022:
- China (4.5K tons)
Exports of Free-Cutting Steel Wire Rod in Peru
In 2022, after three years of growth, there was decline in overseas shipments of wire rod of free-cutting steel, when their volume decreased by -3.2% to 1.7 tons. The total export volume increased at an average annual rate of +8.2% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 22%.
In value terms, free-cutting steel wire rod exports declined to $3.3K in 2022. The total export value increased at an average annual rate of +6.6% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2021 with an increase of 13% against the previous year. As a result, the exports reached the peak of $3.5K, and then contracted in the following year.
Export of Free-Cutting Steel Wire Rod in Peru (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Bolivia | 2.4 | 3.0 | 3.5 | 3.3 | 11.2% |
Others | 0.3 | N/A | N/A | N/A | 0% |
Total | 2.7 | 3.0 | 3.5 | 3.3 | 6.9% |
Top Export Markets for Free-Cutting Steel Wire Rod from Peru in 2022:
- Bolivia (1.7 tons)
This report provides an in-depth analysis of the market for free-cutting steel wire rod in Peru. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 24106120 - Wire rod of free-cutting steel
Country coverage:
- Peru
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Peru
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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