Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Bolivia - 2023

Contents:

  1. Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Bolivia (CIF) - 2022
  2. Imports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Bolivia

Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Bolivia (CIF) - 2022

In 2022, the average import price for steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses amounted to $909 per ton, increasing by 7.7% against the previous year. Overall, import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses increased by +60.2% against 2020 indices. The growth pace was the most rapid in 2021 an increase of 49% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($1,410 per ton), while the price for China stood at $686 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+5.9%).

Imports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Bolivia

In 2022, approx. 3.3K tons of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses were imported into Bolivia; dropping by -37.2% compared with 2021. Overall, imports continue to indicate a precipitous descent. The most prominent rate of growth was recorded in 2021 with an increase of 48%.

In value terms, imports of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses reduced dramatically to $3M in 2022. In general, imports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 120% against the previous year.

Import of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Bolivia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4.91.53.11.6-31.1%
Brazil0.80.51.41.420.5%
OthersN/AN/AN/AN/A0%
Total5.72.04.43.0-19.3%

Top Suppliers of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils to Bolivia in 2022:

  1. China (2.3K tons)
  2. Brazil (1.0K tons)

Source: IndexBox Market Intelligence Platform

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