Price for Steel, Stainless; Ingots and Other Primary Forms in Chile - 2023
Contents:
- Price for Steel, Stainless; Ingots and Other Primary Forms in Chile (CIF) - 2022
- Imports of Steel, Stainless; Ingots and Other Primary Forms in Chile
Price for Steel, Stainless; Ingots and Other Primary Forms in Chile (CIF) - 2022
In 2022, the average import price for steel, stainless; ingots and other primary formses amounted to $38,384 per ton, increasing by 160% against the previous year. Over the period under review, the import price enjoyed prominent growth. The most prominent rate of growth was recorded in 2019 an increase of 167% against the previous year. The import price peaked at $44,644 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($39,761 per ton), while the price for Peru totaled $22,125 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-2.6%), while the prices for the other major suppliers experienced a decline.
Imports of Steel, Stainless; Ingots and Other Primary Forms in Chile
In 2022, purchases abroad of steel, stainless; ingots and other primary formses decreased by -47.3% to 648 kg, falling for the second consecutive year after two years of growth. Over the period under review, imports continue to indicate a sharp contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 367%. As a result, imports reached the peak of 6.6 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of steel, stainless; ingots and other primary formses soared to $25K in 2022. Overall, imports continue to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2020 with an increase of 148%. As a result, imports attained the peak of $87K. From 2021 to 2022, the growth of imports of failed to regain momentum.
Import of Steel, Stainless; Ingots and Other Primary Forms in Chile (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | N/A | N/A | N/A | 22.4 | 0% |
Peru | N/A | N/A | N/A | 1.8 | 0% |
United States | 30.4 | 25.2 | 10.5 | N/A | -41.2% |
Denmark | N/A | 51.3 | N/A | N/A | 0% |
Others | 4.8 | 11.0 | 7.7 | 0.7 | -47.4% |
Total | 35.2 | 87.4 | 18.1 | 24.9 | -10.9% |
Top Suppliers of Steel, Stainless; Ingots and Other Primary Forms to Chile in 2022:
- China (564.0 kg)
- Peru (80.0 kg)
This report provides an in-depth analysis of the market for raw steel and steel semi-finished products in Chile.
This report provides an in-depth analysis of the global market for raw steel and steel semi-finished products.
Explore the top import markets for raw steel and steel semi-finished products worldwide. Get key statistics and insights from the IndexBox market intelligence platform.
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