Price for Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Chile - 2024
Contents:
- Price for Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Chile (CIF) - 2022
- Price for Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Chile (FOB) - 2022
- Imports of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Chile
- Exports of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Chile
Price for Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Chile (CIF) - 2022
In 2022, the average import price for iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coilses amounted to $940 per ton, surging by 6.2% against the previous year. Over the period under review, the import price continues to indicate a mild increase. The most prominent rate of growth was recorded in 2021 an increase of 206% against the previous year. The import price peaked in 2022 and is likely to continue growth in years to come.
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 Argentina ($1,079 per ton), while the price for Peru ($682 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Chile (FOB) - 2022
The average export price for iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coilses stood at $929 per ton in 2022, increasing by 54% against the previous year. Overall, the export price showed a modest expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Argentina ($1,042 per ton), while the average price for exports to Peru ($475 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 Brazil (+21.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Chile
In 2022, supplies from abroad of iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coilses increased by 8.4% to 63K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, continue to indicate a abrupt curtailment.
In value terms, imports of iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coilses soared to $59M in 2022. Over the period under review, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 111% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Chile (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 5.9 | N/A | N/A | 25.4 | 62.7% |
| Turkey | 17.7 | 10.8 | 20.1 | 14.9 | -5.6% |
| India | N/A | N/A | N/A | 8.5 | 0% |
| Argentina | 25.4 | 7.7 | 20.7 | 4.4 | -44.3% |
| Mexico | 9.3 | 5.9 | 4.9 | 3.1 | -30.7% |
| Peru | N/A | N/A | 0.5 | 1.8 | 260.0% |
| Others | 0.2 | 0.1 | 5.3 | 1.2 | 81.7% |
| Total | 58.5 | 24.4 | 51.5 | 59.3 | 0.5% |
Top Suppliers of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils to Chile in 2022:
- Brazil (27.7K tons)
- Turkey (15.4K tons)
- India (9.0K tons)
- Argentina (4.1K tons)
- Mexico (3.1K tons)
- Peru (2.7K tons)
Exports of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Chile
In 2022, after three years of growth, there was significant decline in shipments abroad of iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coilses, when their volume decreased by -92.6% to 2.9K tons. Overall, exports faced a deep contraction. The pace of growth was the most pronounced in 2020 with an increase of 443% against the previous year.
In value terms, exports of iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coilses shrank markedly to $2.7M in 2022. Over the period under review, exports saw a deep slump. The growth pace was the most rapid in 2020 with an increase of 345% against the previous year.
| Export of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Chile (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Paraguay | 1.5 | 1.9 | 0.4 | 1.3 | -4.7% |
| Colombia | 1.1 | 1.2 | 1.8 | 0.7 | -14.0% |
| Argentina | 0.6 | 2.7 | 1.0 | 0.5 | -5.9% |
| Ecuador | N/A | 4.5 | 18.8 | 0.2 | -78.9% |
| Peru | N/A | 0.5 | 1.5 | N/A | 200.0% |
| Brazil | N/A | 3.0 | 0.2 | N/A | -93.3% |
| Others | N/A | 0.4 | N/A | N/A | 0% |
| Total | 3.2 | 14.3 | 23.6 | 2.7 | -5.5% |
Top Export Markets for Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils from Chile in 2022:
- Paraguay (1523.5 tons)
- Colombia (661.5 tons)
- Argentina (498.6 tons)
- Ecuador (213.4 tons)
- Peru (7.3 tons)
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