Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Peru - 2022
Contents:
- Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Peru (CIF) - 2022
- Imports of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Peru
Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Peru (CIF) - 2022
The average import price for steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s stood at $4,691 per ton in 2022, which is down by -8.3% against the previous year. Over the period under review, import price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.6% 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, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s decreased by -41.8% against 2019 indices. The growth pace was the most rapid in 2019 when the average import price increased by 97% against the previous year. As a result, import price reached the peak level of $8,059 per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mexico ($32,667 per ton), while the price for India ($2,943 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+36.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Peru
In 2022, imports of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s into Peru skyrocketed to 256 tons, jumping by 177% on the previous year. Overall, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s soared to $1.2M in 2022. In general, imports enjoyed tangible growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Peru (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 195 | 137 | 83.3 | 709 | 53.8% |
Germany | 11.7 | 0.3 | 21.1 | 215 | 163.9% |
South Korea | 67.9 | 107 | 37.1 | 164 | 34.2% |
Bulgaria | 85.3 | 31.0 | 44.9 | 86.1 | 0.3% |
United States | 690 | 590 | 280 | 17.1 | -70.8% |
Others | 41.3 | 30.9 | 7.0 | 11.7 | -34.3% |
Total | 1,092 | 896 | 474 | 1,202 | 3.3% |
Top Suppliers of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 to Peru in 2022:
- China (187.7 tons)
- Germany (33.7 tons)
- South Korea (25.1 tons)
- Bulgaria (5.7 tons)
- United States (2.7 tons)
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