Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Chile - 2024

Contents:

  1. Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Chile (CIF) - 2022
  2. Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Chile (FOB) - 2022
  3. Imports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Chile
  4. Exports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Chile

Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Chile (CIF) - 2022

In 2022, the average import price for steel, stainless; semi-finished products, other than of rectangular cross-sectia amounted to $26,251 per ton, increasing by 162% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt slump. The import price peaked at $52,821 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($130,000 per ton), while the price for the United States ($23,980 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+297.7%), while the prices for the other major suppliers experienced a decline.

Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Chile (FOB) - 2022

In 2022, the average export price for steel, stainless; semi-finished products, other than of rectangular cross-sectia amounted to $19,156 per ton, shrinking by -88.6% against the previous year. In general, the export price showed a abrupt curtailment. The most prominent rate of growth was recorded in 2019 when the average export price increased by 180% against the previous year. The export price peaked at $168,571 per ton in 2021, and then dropped rapidly in the following year.

As there is only one major export destination, the average price level is determined by prices for Bolivia.

From 2012 to 2022, the rate of growth in terms of prices for Bolivia amounted to -9.4% per year.

Imports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Chile

In 2022, supplies from abroad of steel, stainless; semi-finished products, other than of rectangular cross-sectia decreased by -90.5% to 758 kg, falling for the second consecutive year after two years of growth. In general, imports, however, recorded a buoyant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 4,332%. As a result, imports attained the peak of 25 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of steel, stainless; semi-finished products, other than of rectangular cross-sectia declined markedly to $20K in 2022. Overall, imports, however, recorded significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 4,185%. As a result, imports reached the peak of $207K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States0.72.83.910.6147.4%
China0.42.13.58.5177.0%
TurkeyN/A188N/A0.4-95.4%
Spain1.75.96.4N/A94.0%
Taiwan (Chinese)0.73.54.8N/A161.9%
ItalyN/AN/A59.3N/A0%
Others1.35.52.20.5-27.3%
Total4.820780.019.960.6%

Top Suppliers of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section to Chile in 2022:

  1. United States (440.0 kg)
  2. China (307.0 kg)
  3. Turkey (3.0 kg)

Exports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Chile

In 2022, the amount of steel, stainless; semi-finished products, other than of rectangular cross-sectia exported from Chile surged to 154 kg, increasing by 340% against 2021 figures. Overall, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of steel, stainless; semi-finished products, other than of rectangular cross-sectia fell significantly to $3K in 2022. In general, exports saw a significant expansion.

Export of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bolivia0.7N/A0.53.062.4%
EcuadorN/AN/A5.4N/A0%
OthersN/AN/AN/AN/A0%
Total0.7N/A5.93.062.4%

Top Export Markets for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section from Chile in 2022:

  1. Bolivia (154.0 kg)

Source: IndexBox Market Intelligence Platform

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