Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Peru - 2022

Contents:

  1. Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Peru (CIF) - 2022
  2. Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Peru (FOB) - 2022
  3. Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Peru
  4. Exports of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Peru

Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Peru (CIF) - 2022

The average import price for iron or non-alloy steel wire, plated or coated with zincs stood at $1,186 per ton in 2022, with an increase of 71% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. Over the period under review, average import prices reached the maximum at $1,202 per ton in 2012; afterwards, it flattened through to 2022.

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 Brazil ($2,993 per ton), while the price for China ($1,098 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Peru (FOB) - 2022

The average export price for iron or non-alloy steel wire, plated or coated with zincs stood at $1,585 per ton in 2022, flattening at the previous year. Over the period under review, the export price posted a modest increase. The pace of growth was the most pronounced in 2017 when the average export price increased by 14% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($3,002 per ton), while the average price for exports to Costa Rica ($1,362 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 the United States (+10.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Peru

In 2022, supplies from abroad of iron or non-alloy steel wire, plated or coated with zincs decreased by -0.2% to 11K tons, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +3.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2020 when imports increased by 22%. As a result, imports attained the peak of 12K 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, plated or coated with zincs skyrocketed to $13M in 2022. In general, imports, however, showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Peru (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.92.63.67.436.7%
Turkey2.02.41.63.419.3%
Mexico0.91.10.51.210.1%
Spain0.50.60.90.66.3%
Brazil0.60.8N/AN/A33.3%
Others0.40.30.80.1-37.0%
Total7.27.77.512.821.1%

Top Suppliers of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc to Peru in 2022:

  1. China (6.7K tons)
  2. Turkey (2.9K tons)
  3. Mexico (0.7K tons)
  4. Spain (0.4K tons)

Exports of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Peru

In 2022, shipments abroad of iron or non-alloy steel wire, plated or coated with zincs decreased by 0% to 6K tons, falling for the second year in a row after two years of growth. Over the period under review, exports posted a buoyant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 26%. The exports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, exports of iron or non-alloy steel wire, plated or coated with zincs amounted to $9.6M in 2022. Overall, exports saw a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 19% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the near future.

Export of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bolivia2,2001,392N/A3,31814.7%
Mexico517547N/A1,86653.4%
Chile195426N/A1,48796.8%
Argentina405300N/A1,07338.4%
Uruguay335618N/A81034.2%
Panama2.9N/AN/A192304.5%
Costa Rica58.573.5N/A17042.7%
Guatemala4811,691N/A86.9-43.5%
Others240242N/A55131.9%
Total4,4365,290N/A9,55429.1%

Top Export Markets for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc from Peru in 2022:

  1. Bolivia (2260.5 tons)
  2. Mexico (996.9 tons)
  3. Chile (986.8 tons)
  4. Argentina (622.4 tons)
  5. Uruguay (516.5 tons)
  6. Panama (140.3 tons)
  7. Costa Rica (124.7 tons)
  8. Guatemala (62.5 tons)

Source: IndexBox Market Intelligence Platform

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