Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Peru - 2022

Contents:

  1. Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Peru (CIF) - 2022
  2. 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)
COUNTRY2019202020212022CAGR,
2019-2022
China19513783.370953.8%
Germany11.70.321.1215163.9%
South Korea67.910737.116434.2%
Bulgaria85.331.044.986.10.3%
United States69059028017.1-70.8%
Others41.330.97.011.7-34.3%
Total1,0928964741,2023.3%

Top Suppliers of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 to Peru in 2022:

  1. China (187.7 tons)
  2. Germany (33.7 tons)
  3. South Korea (25.1 tons)
  4. Bulgaria (5.7 tons)
  5. United States (2.7 tons)
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