Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Chile - 2024

Contents:

1. Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Chile (CIF) - 2024
2. Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Chile (FOB) - 2022
3. Imports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Chile
4. Exports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Chile

Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Chile (CIF) - 2024

In April 2024, the average import price for iron or steel cast fittings, other than of non-malleable cast ira amounted to $11,923 per ton, rising by 40% against the previous month. Over the period under review, the import price saw a resilient increase. The pace of growth appeared the most rapid in July 2023 when the average import price increased by 85% against the previous month. As a result, import price attained the peak level of $13,154 per ton. From August 2023 to April 2024, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In April 2024, the country with the highest price was the United States ($29,249 per ton), while the price for China ($9,317 per ton) was amongst the lowest.

From April 2023 to April 2024, the most notable rate of growth in terms of prices was attained by China (+9.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Chile (FOB) - 2022

In 2022, the average export price for iron or steel cast fittings, other than of non-malleable cast ira amounted to $10,031 per ton, picking up by 68% against the previous year. In general, export price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Paraguay ($67,222 per ton), while the average price for exports to Uruguay ($7,664 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 Paraguay (+26.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Chile

In 2022, supplies from abroad of iron or steel cast fittings, other than of non-malleable cast ira was finally on the rise to reach 1.1K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, showed a relatively flat trend pattern.

In value terms, imports of iron or steel cast fittings, other than of non-malleable cast ira rose markedly to $7.3M in 2022. The total import value increased at an average annual rate of +3.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron to Chile in 2022:

1. China (896.2 tons)
2. Brazil (101.0 tons)
3. United States (47.9 tons)
4. Italy (20.0 tons)
5. Mexico (3.6 tons)

Exports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Chile

In 2022, exports of iron or steel cast fittings, other than of non-malleable cast ira from Chile dropped sharply to 14 tons, with a decrease of -75.3% against 2021 figures. Over the period under review, exports saw a sharp curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 20%.

In value terms, exports of iron or steel cast fittings, other than of non-malleable cast ira shrank remarkably to $138K in 2022. In general, exports faced a precipitous descent. The growth pace was the most rapid in 2021 with an increase of 17% against the previous year.

Top Export Markets for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron from Chile in 2022:

1. Peru (9.8 tons)
2. Ecuador (3.1 tons)
3. Uruguay (0.5 tons)
4. Argentina (0.2 tons)

Source: IndexBox Market Intelligence Platform