Price for Iron and Non-Alloy Steel in Ingot in Peru - 2022
Contents:
- Price for Iron and Non-Alloy Steel in Ingot in Peru (CIF) - 2022
- Price for Iron and Non-Alloy Steel in Ingot in Peru (FOB) - 2022
- Imports of Iron and Non-Alloy Steel in Ingot in Peru
- Exports of Iron and Non-Alloy Steel in Ingot in Peru
Price for Iron and Non-Alloy Steel in Ingot in Peru (CIF) - 2022
In 2022, the average import price for iron and non-alloy steel in ingots amounted to $1,880 per ton, rising by 19% against the previous year. In general, the import price, however, showed a abrupt slump. The growth pace was the most rapid in 2014 when the average import price increased by 62%. The import price peaked at $5,392 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Canada.
From 2012 to 2022, the rate of growth in terms of prices for Canada amounted to +10.5% per year.
Price for Iron and Non-Alloy Steel in Ingot in Peru (FOB) - 2022
In 2022, the average export price for iron and non-alloy steel in ingots amounted to $7,079 per ton, with a decrease of -14.5% against the previous year. In general, the export price saw a abrupt decrease. The pace of growth appeared the most rapid in 2017 an increase of 111%. Over the period under review, the average export prices reached the maximum at $17,702 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Ecuador.
From 2012 to 2022, the rate of growth in terms of prices for Ecuador amounted to +6.1% per year.
Imports of Iron and Non-Alloy Steel in Ingot in Peru
After three years of growth, supplies from abroad of iron and non-alloy steel in ingots decreased by -8.3% to 1.1K tons in 2022. The total import volume increased at an average annual rate of +9.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 20% against the previous year.
In value terms, imports of iron and non-alloy steel in ingots rose markedly to $2M in 2022. In general, imports showed a abrupt shrinkage.
| Import of Iron and Non-Alloy Steel in Ingot in Peru (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 79.6 | 57.2 | 11.3 | 4.3 | -62.2% |
| Chile | 2,166 | 1,831 | 426 | N/A | -55.7% |
| United States | 194 | 238 | 1,420 | N/A | 170.5% |
| Australia | 71.8 | 40.4 | 6.3 | N/A | -70.4% |
| Others | 56.1 | 23.4 | 3.1 | 2,024 | 230.4% |
| Total | 2,568 | 2,190 | 1,867 | 2,028 | -7.6% |
Top Suppliers of Iron and Non-Alloy Steel in Ingot to Peru in 2022:
- Canada (0.9 tons)
Exports of Iron and Non-Alloy Steel in Ingot in Peru
In 2022, the amount of iron and non-alloy steel in ingots exported from Peru soared to 46 tons, rising by 24,755% against the previous year's figure. 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 iron and non-alloy steel in ingots soared to $329K in 2022. In general, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Iron and Non-Alloy Steel in Ingot in Peru (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ecuador | 0.5 | 0.8 | 1.5 | 329 | 769.8% |
| Others | 0.6 | 0.7 | N/A | N/A | 16.7% |
| Total | 1.1 | 1.5 | 1.5 | 329 | 568.8% |
Top Export Markets for Iron and Non-Alloy Steel in Ingot from Peru in 2022:
- Ecuador (46.5 tons)
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