Price for Steel, Stainless; Angles, Shapes and Sections in Peru - 2022
Contents:
- Price for Steel, Stainless; Angles, Shapes and Sections in Peru (CIF) - 2022
- Price for Steel, Stainless; Angles, Shapes and Sections in Peru (FOB) - 2022
- Imports of Steel, Stainless; Angles, Shapes and Sections in Peru
- Exports of Steel, Stainless; Angles, Shapes and Sections in Peru
Price for Steel, Stainless; Angles, Shapes and Sections in Peru (CIF) - 2022
In 2022, the average import price for steel, stainless amounted to $3,684 per ton, picking up by 73% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($8,883 per ton), while the price for Spain ($2,788 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+9.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Steel, Stainless; Angles, Shapes and Sections in Peru (FOB) - 2022
The average export price for steel, stainless stood at $7,528 per ton in 2022, increasing by 8.4% against the previous year. In general, the export price showed a buoyant increase. The growth pace was the most rapid in 2013 an increase of 152% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Dominican Republic ($8,949 per ton), while the average price for exports to Chile ($2,000 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 Ecuador (+18.1%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Steel, Stainless; Angles, Shapes and Sections in Peru
In 2022, imports of steel, stainless into Peru fell dramatically to 381 tons, which is down by -30.6% compared with the previous year. Overall, imports saw a deep downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 44% against the previous year.
In value terms, imports of steel, stainless reduced to $1.4M in 2022. In general, imports recorded a noticeable shrinkage. The pace of growth appeared the most rapid in 2021 when imports increased by 77% against the previous year. As a result, imports reached the peak of $1.6M, and then reduced in the following year.
| Import of Steel, Stainless; Angles, Shapes and Sections in Peru (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 1,093 | 515 | 784 | 561 | -19.9% |
| China | 115 | 55.3 | 267 | 455 | 58.2% |
| Spain | 173 | 122 | 141 | 145 | -5.7% |
| Others | 146 | 194 | 375 | 241 | 18.2% |
| Total | 1,527 | 887 | 1,567 | 1,402 | -2.8% |
Top Suppliers of Steel, Stainless; Angles, Shapes and Sections to Peru in 2022:
- India (172.5 tons)
- China (147.5 tons)
- Spain (52.1 tons)
Exports of Steel, Stainless; Angles, Shapes and Sections in Peru
In 2022, the amount of steel, stainless exported from Peru surged to 1.3 tons, growing by 19% against 2021 figures. The total export volume increased at an average annual rate of +4.3% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of steel, stainless rose modestly to $7.7K in 2022. The total export value increased at an average annual rate of +3.4% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 3.4% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Steel, Stainless; Angles, Shapes and Sections in Peru (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | N/A | N/A | N/A | 4.0 | 0% |
| Dominican Republic | 3.4 | 4.6 | 5.0 | 3.0 | -4.1% |
| Ecuador | 2.1 | 2.2 | 1.8 | 0.6 | -34.1% |
| Free Zones | N/A | N/A | 0.5 | N/A | 0% |
| Bolivia | 0.3 | 0.2 | 0.1 | N/A | -42.3% |
| Others | 1.1 | 0.2 | N/A | N/A | -81.8% |
| Total | 6.9 | 7.2 | 7.4 | 7.7 | 3.7% |
Top Export Markets for Steel, Stainless; Angles, Shapes and Sections from Peru in 2022:
- Colombia (857.0 kg)
- Dominican Republic (333.0 kg)
- Ecuador (71.0 kg)
- Bolivia (6.0 kg)
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