Price for Iron Oxides and Hydroxides in Bolivia - 2023
Contents:
- Price for Iron Oxides and Hydroxides in Bolivia (CIF) - 2022
- Imports of Iron Oxides and Hydroxides in Bolivia
Price for Iron Oxides and Hydroxides in Bolivia (CIF) - 2022
The average iron oxides and hydroxides import price stood at $1,654 per ton in 2022, increasing by 2.4% against the previous year. Over the last decade, it increased at an average annual rate of +1.8%. The growth pace was the most rapid in 2014 when the average import price increased by 21% against the previous year. As a result, import price attained the peak level of $1,785 per ton. From 2015 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Colombia ($1,791 per ton), while the price for Spain ($376 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Iron Oxides and Hydroxides in Bolivia
Iron oxides and hydroxides imports into Bolivia declined dramatically to 301 tons in 2022, with a decrease of -24.3% against the previous year. In general, imports saw a pronounced slump. The growth pace was the most rapid in 2021 when imports increased by 75% against the previous year. As a result, imports reached the peak of 397 tons, and then fell significantly in the following year.
In value terms, iron oxides and hydroxides imports fell significantly to $498K in 2022. Overall, total imports indicated a slight expansion from 2019 to 2022: its value increased at an average annual rate of +1.2% 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 +44.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 86% against the previous year. As a result, imports attained the peak of $642K, and then dropped remarkably in the following year.
| Import of Iron Oxides and Hydroxides in Bolivia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | 190 | 83.9 | 390 | 274 | 13.0% |
| China | 144 | 95.1 | 155 | 151 | 1.6% |
| Brazil | 88.3 | 107 | 50.1 | 36.6 | -25.4% |
| Germany | 36.8 | 43.8 | 31.3 | 28.8 | -7.8% |
| Spain | 13.7 | 12.1 | 0.2 | 1.5 | -52.2% |
| Others | 8.3 | 3.8 | 16.1 | 6.3 | -8.8% |
| Total | 481 | 345 | 642 | 498 | 1.2% |
Top Suppliers of Iron Oxides and Hydroxides to Bolivia in 2022:
- Colombia (152.7 tons)
- China (106.1 tons)
- Brazil (20.4 tons)
- Germany (16.1 tons)
- Spain (4.0 tons)
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