Price for Powders of Pig Iron in Peru - 2021

Contents:

  1. Price for Powders of Pig Iron in Peru (CIF) - 2022
  2. Price for Powders of Pig Iron in Peru (FOB) - 2022
  3. Imports of Powders of Pig Iron in Peru
  4. Exports of Powders of Pig Iron in Peru

Price for Powders of Pig Iron in Peru (CIF) - 2022

The average powders of pig iron import price stood at $1,376 per ton in 2022, surging by 13% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 15% against the previous year. Over the period under review, average import prices reached the peak figure at $1,516 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

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 France ($2,218 per ton), while the price for Chile ($689 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+2.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Powders of Pig Iron in Peru (FOB) - 2022

The average powders of pig iron export price stood at $3,725 per ton in 2022, with a decrease of -13.9% against the previous year. Overall, the export price, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2015 an increase of 69%. The export price peaked at $7,723 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Chile.

From 2012 to 2022, the rate of growth in terms of prices for Ecuador amounted to +51.3% per year.

Imports of Powders of Pig Iron in Peru

In 2022, powders of pig iron imports into Peru declined sharply to 987 tons, shrinking by -28.2% against the year before. In general, imports continue to indicate a mild contraction. The growth pace was the most rapid in 2021 when imports increased by 75%. As a result, imports attained the peak of 1.4K tons, and then contracted dramatically in the following year.

In value terms, powders of pig iron imports contracted sharply to $1.4M in 2022. Over the period under review, imports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 61% against the previous year. As a result, imports reached the peak of $1.7M, and then dropped significantly in the following year.

Import of Powders of Pig Iron in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil33834854455818.2%
China31412721.7178-17.2%
France0.52.670.499.7484.2%
Canada16911459.484.0-20.8%
Sweden17824528783.1-22.4%
United States46416033573.8-45.8%
Chile11.217.221.745.759.8%
South Korea2.75.527.038.2141.9%
Others10822.531019922.6%
Total1,5861,0411,6771,359-5.0%

Top Suppliers of Powders of Pig Iron to Peru in 2022:

  1. Brazil (399.9 tons)
  2. China (162.9 tons)
  3. Sweden (72.1 tons)
  4. Canada (67.8 tons)
  5. Chile (66.4 tons)
  6. South Korea (46.0 tons)
  7. France (45.0 tons)
  8. United States (35.7 tons)

Exports of Powders of Pig Iron in Peru

In 2022, overseas shipments of powders of pig ira were finally on the rise to reach 298 kg for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, saw a sharp downturn.

In value terms, powders of pig iron exports skyrocketed to $1.1K in 2022. Over the period under review, exports, however, faced a precipitous decline.

Export of Powders of Pig Iron in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Chile12.20.10.11.1-55.2%
ColombiaN/A1.4N/AN/A0%
South KoreaN/AN/A0.5N/A0%
OthersN/A0.1N/AN/A0%
Total12.21.60.61.1-55.2%

Top Export Markets for Powders of Pig Iron from Peru in 2022:

  1. Chile (298.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Iron or steel, pig iron, spiegeleisen; powders (excluding alloy steel) - Peru