Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Peru - 2022

Contents:

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

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

In 2022, the average import price for steel, stainless; semi-finished products, other than of rectangular cross-sectia amounted to $5,416 per ton, waning by -22.8% against the previous year. In general, the import price saw a deep setback. The most prominent rate of growth was recorded in 2013 an increase of 18%. The import price peaked at $15,428 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 Pakistan ($22,857 per ton), while the price for Canada ($3,113 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for steel, stainless; semi-finished products, other than of rectangular cross-sectia amounted to $2,943 per ton, shrinking by -26% against the previous year. Over the period under review, the export price saw a noticeable downturn. The pace of growth appeared the most rapid in 2018 an increase of 162%. As a result, the export price reached the peak level of $14,597 per ton. From 2019 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Ecuador ($3,362 per ton), while the average price for exports to Bolivia stood at $2,881 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Free Zones (+1,190.3%), while the prices for the other major destinations experienced a decline.

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

In 2022, purchases abroad of steel, stainless; semi-finished products, other than of rectangular cross-sectia decreased by -55.2% to 173 kg, falling for the second consecutive year after two years of growth. Over the period under review, imports saw a precipitous setback. The pace of growth was the most pronounced in 2020 with an increase of 13%. As a result, imports attained the peak of 419 kg. 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 contracted dramatically to $937 in 2022. In general, imports continue to indicate a dramatic slump. The most prominent rate of growth was recorded in 2020 with an increase of 30% against the previous year. As a result, imports reached the peak of $3.2K. 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 Peru (USD)
COUNTRY2019202020212022CAGR,
2019-2022
CanadaN/AN/AN/A3860%
United States358461220220-15.0%
PakistanN/AN/AN/A1600%
China33138712734.0-53.2%
Spain50055.0531N/A3.1%
United Kingdom1,0321,9411,460N/A18.9%
Singapore90.0N/AN/AN/A0%
Others1213093701374.2%
Total2,4323,1532,708937-27.2%

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

  1. Canada (124.0 kg)
  2. United States (31.0 kg)
  3. China (9.0 kg)
  4. Pakistan (7.0 kg)

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

In 2022, approx. 2.3 tons of steel, stainless; semi-finished products, other than of rectangular cross-sectia were exported from Peru; with a decrease of -31.5% against the year before. Overall, exports, however, posted a significant increase. The growth pace was the most rapid in 2021 when exports increased by 11,576% against the previous year. As a result, the exports attained the peak of 3.4 tons, and then reduced notably in the following year.

In value terms, exports of steel, stainless; semi-finished products, other than of rectangular cross-sectia declined significantly to $6.8K in 2022. In general, exports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 7,644%. As a result, the exports reached the peak of $13K, and then shrank sharply in the following year.

Export of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bolivia0.50.26.16.0128.9%
EcuadorN/AN/A0.50.740.0%
NicaraguaN/AN/A6.5N/A0%
BelgiumN/AN/A0.2N/A0%
OthersN/AN/A0.10.10.0%
Total0.60.213.56.8124.6%

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

  1. Bolivia (2096.0 kg)
  2. Ecuador (218.0 kg)

Source: IndexBox Market Intelligence Platform

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