Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Peru - 2022
Contents:
- Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Peru (FOB) - 2022
- Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Peru (CIF) - 2022
- Exports of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Peru
- Imports of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Peru
Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Peru (FOB) - 2022
In 2022, the average export price for iron or non-alloy steel wire, not plated or coateds amounted to $1,085 per ton, approximately mirroring the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 27% against the previous year. The export price peaked at $1,178 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($2,042 per ton), while the average price for exports to Bolivia ($1,047 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 Guatemala (+49.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Peru (CIF) - 2022
The average import price for iron or non-alloy steel wire, not plated or coateds stood at $1,402 per ton in 2022, increasing by 32% against the previous year. In general, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for iron or non-alloy steel wire, not plated or coateds increased by +92.9% against 2020 indices. The growth pace was the most rapid in 2021 an increase of 46%. The import price peaked in 2022 and is likely to continue growth in the immediate term.
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 South Korea ($2,086 per ton), while the price for China ($835 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+18.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Peru
After three years of growth, shipments abroad of iron or non-alloy steel wire, not plated or coateds decreased by -5.2% to 5.5K tons in 2022. In general, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 148% against the previous year. As a result, the exports attained the peak of 5.8K tons, and then shrank in the following year.
In value terms, exports of iron or non-alloy steel wire, not plated or coateds shrank to $6M in 2022. Overall, exports, however, posted a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 216%. As a result, the exports attained the peak of $6.4M, and then shrank in the following year.
| Export of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Peru (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bolivia | 1,669 | 1,728 | 3,188 | 5,265 | 46.7% |
| Chile | 118 | 29.0 | 1,202 | 453 | 56.6% |
| Costa Rica | 38.5 | 119 | 1,033 | 158 | 60.1% |
| Guatemala | N/A | 18.0 | 509 | 127 | 165.6% |
| United States | 120 | 133 | 37.2 | 6.7 | -61.8% |
| Others | 30.6 | 0.1 | 437 | 0.1 | -85.2% |
| Total | 1,976 | 2,027 | 6,405 | 6,010 | 44.9% |
Top Export Markets for Iron or Non-Alloy Steel Wire, Not Plated or Coated from Peru in 2022:
- Bolivia (5026.2 tons)
- Chile (312.3 tons)
- Costa Rica (125.8 tons)
- Guatemala (72.7 tons)
- United States (3.3 tons)
Imports of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Peru
In 2022, overseas purchases of iron or non-alloy steel wire, not plated or coateds decreased by -38.4% to 3.1K tons, falling for the second consecutive year after two years of growth. In general, imports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by 36%. As a result, imports reached the peak of 7K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of iron or non-alloy steel wire, not plated or coateds dropped sharply to $4.4M in 2022. Over the period under review, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 18%.
| Import of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Peru (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 1,127 | 1,569 | 1,936 | 1,178 | 1.5% |
| Portugal | 1,120 | 2,144 | 1,618 | 1,124 | 0.1% |
| Spain | 1,154 | 857 | 674 | 518 | -23.4% |
| China | 332 | 163 | 376 | 457 | 11.2% |
| South Korea | 46.6 | 59.9 | 204 | 401 | 104.9% |
| El Salvador | N/A | 49.3 | 98.3 | 200 | 101.4% |
| Chile | 12.2 | 90.1 | 244 | 179 | 144.8% |
| Colombia | 143 | 51.3 | 31.7 | 74.1 | -19.7% |
| Others | 342 | 70.1 | 211 | 250 | -9.9% |
| Total | 4,277 | 5,054 | 5,393 | 4,381 | 0.8% |
Top Suppliers of Iron or Non-Alloy Steel Wire, Not Plated or Coated to Peru in 2022:
- Portugal (869.6 tons)
- Turkey (847.8 tons)
- China (547.0 tons)
- Spain (306.5 tons)
- South Korea (192.1 tons)
- El Salvador (121.4 tons)
- Chile (106.9 tons)
- Colombia (74.9 tons)
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This report provides an in-depth analysis of the market for iron and steel wire in Peru.
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This report provides an in-depth analysis of the market for iron and steel wire in Peru.
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This report provides an in-depth analysis of the global market for iron and steel wire.
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This report provides an in-depth analysis of the global market for iron and steel wire.
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This report provides an in-depth analysis of the market for iron and steel wire in Peru.
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This report provides an in-depth analysis of the market for iron and steel wire in Peru.
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This report provides an in-depth analysis of the global market for iron and steel wire.
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This report provides an in-depth analysis of the global market for iron and steel wire.
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