Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Peru - 2022
Contents:
- Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Peru (CIF) - 2022
- Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Peru (FOB) - 2022
- Imports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Peru
- Exports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Peru
Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Peru (CIF) - 2022
The average import price for iron or steel; non-threaded cotters and cotter-pinses stood at $23,604 per ton in 2022, jumping by 21% against the previous year. Overall, the import price recorded strong growth. The most prominent rate of growth was recorded in 2016 an increase of 36%. The import price peaked in 2022 and is expected to retain 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 Italy ($47,732 per ton), while the price for China ($12,506 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+16.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Peru (FOB) - 2022
The average export price for iron or steel; non-threaded cotters and cotter-pinses stood at $25,240 per ton in 2022, rising by 14% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.1%. The pace of growth was the most pronounced in 2013 an increase of 25%. Over the period under review, the average export prices reached the maximum at $32,352 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
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 Colombia ($57,342 per ton), while the average price for exports to Bolivia ($7,386 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 Colombia (+16.5%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Peru
In 2022, approx. 1.1K tons of iron or steel; non-threaded cotters and cotter-pinses were imported into Peru; declining by -11.9% against 2021. Over the period under review, total imports indicated a moderate expansion from 2019 to 2022: its volume increased at an average annual rate of +2.3% 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 +40.1% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 59% against the previous year. As a result, imports reached the peak of 1.3K tons, and then shrank in the following year.
In value terms, imports of iron or steel; non-threaded cotters and cotter-pinses rose notably to $26M in 2022. In general, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +9.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.5% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 51% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to continue growth in the near future.
| Import of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Peru (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 9.3 | 5.2 | 10.5 | 12.7 | 10.9% |
| China | 2.5 | 3.1 | 6.2 | 5.8 | 32.4% |
| Canada | 0.2 | 0.3 | 0.9 | 1.5 | 95.7% |
| Italy | 0.2 | 0.4 | 0.2 | 1.3 | 86.6% |
| Japan | N/A | N/A | N/A | 1.1 | 0% |
| India | 0.1 | 0.1 | 0.1 | 0.7 | 91.3% |
| Chile | 3.7 | 3.3 | 4.0 | 0.2 | -62.2% |
| Taiwan (Chinese) | 0.3 | 0.5 | 0.4 | 0.1 | -30.7% |
| Others | 3.5 | 3.3 | 2.3 | 3.0 | -5.0% |
| Total | 19.9 | 16.3 | 24.6 | 26.3 | 9.7% |
Top Suppliers of Iron or Steel; Non-Threaded Cotters and Cotter-Pins to Peru in 2022:
- China (463.7 tons)
- United States (421.4 tons)
- India (44.9 tons)
- Canada (38.1 tons)
- Japan (32.1 tons)
- Italy (27.6 tons)
- Chile (5.1 tons)
- Taiwan (Chinese) (4.3 tons)
Exports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Peru
In 2022, the amount of iron or steel; non-threaded cotters and cotter-pinses exported from Peru soared to 24 tons, increasing by 38% compared with 2021 figures. Overall, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 409%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, exports of iron or steel; non-threaded cotters and cotter-pinses surged to $615K in 2022. In general, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 374%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see steady growth in years to come.
| Export of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Peru (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 79.8 | 36.3 | 152 | 318 | 58.5% |
| Chile | 25.9 | 3.4 | 124 | 167 | 86.1% |
| Mexico | 7.0 | 0.5 | 10.8 | 37.3 | 74.7% |
| Netherlands | 5.3 | 9.3 | 2.3 | 23.4 | 64.1% |
| Bolivia | 1.2 | 3.4 | 16.5 | 4.6 | 56.5% |
| Others | 24.3 | 29.7 | 85.2 | 64.7 | 38.6% |
| Total | 143 | 82.5 | 391 | 615 | 62.6% |
Top Export Markets for Iron or Steel; Non-Threaded Cotters and Cotter-Pins from Peru in 2022:
- United States (10.9 tons)
- Chile (9.5 tons)
- Mexico (0.9 tons)
- Netherlands (0.7 tons)
- Bolivia (0.6 tons)
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