Price for Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Bolivia - 2023
Contents:
- Price for Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Bolivia (CIF) - 2023
- Imports of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Bolivia
Price for Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Bolivia (CIF) - 2023
In June 2023, the average import price for iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coilses amounted to $802 per ton, surging by 1.6% against the previous month. Overall, the import price, however, recorded a pronounced shrinkage. The import price peaked at $990 per ton in November 2022; however, from December 2022 to June 2023, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Brazil.
From November 2022 to June 2023, the rate of growth in terms of prices for China amounted to 0.0% per month.
Imports of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Bolivia
In 2022, approx. 26K tons of iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coilses were imported into Bolivia; which is down by -4.8% against the previous year. Over the period under review, imports recorded a perceptible decrease. The most prominent rate of growth was recorded in 2021 with an increase of 23% against the previous year.
In value terms, imports of iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coilses declined to $21M in 2022. In general, total imports indicated a temperate increase from 2019 to 2022: its value increased at an average annual rate of +4.7% 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 +63.9% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 77%. As a result, imports attained the peak of $23M, and then fell in the following year.
| Import of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Bolivia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 6.2 | 8.9 | 10.0 | 17.1 | 40.2% |
| Argentina | 11.4 | 3.2 | 12.1 | 2.9 | -36.6% |
| Peru | 0.3 | 0.4 | 0.6 | 0.6 | 26.0% |
| China | 0.2 | N/A | 0.1 | 0.5 | 35.7% |
| Others | 0.4 | 0.4 | 0.1 | 0.1 | -37.0% |
| Total | 18.5 | 12.9 | 22.9 | 21.2 | 4.6% |
Top Suppliers of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils to Bolivia in 2022:
- Brazil (21.0K tons)
- Argentina (3.6K tons)
- Peru (0.8K tons)
- China (0.6K tons)
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