Price for Wire of Other Alloy Steel in Bolivia - 2023
Contents:
- Price for Wire of Other Alloy Steel in Bolivia (CIF) - 2022
- Imports of Wire of Other Alloy Steel in Bolivia
Price for Wire of Other Alloy Steel in Bolivia (CIF) - 2022
In 2022, the average import price for wire of other alloy steels amounted to $2,098 per ton, increasing by 39% against the previous year. In general, the import price enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2021 an increase of 49%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in years to come.
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 Japan ($5,343 per ton), while the price for Argentina ($1,822 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+15.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Wire of Other Alloy Steel in Bolivia
In 2022, purchases abroad of wire of other alloy steels increased by 16% to 666 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, faced a sharp reduction.
In value terms, wire of other alloy steel imports soared to $1.4M in 2022. Over the period under review, imports, however, faced a deep downturn.
| Import of Wire of Other Alloy Steel in Bolivia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 368 | 126 | 96.1 | 699 | 23.8% |
| Portugal | 110 | 85.1 | 167 | 362 | 48.7% |
| Japan | 44.2 | 64.8 | 40.1 | 105 | 33.4% |
| Argentina | 28.6 | 8.0 | 17.9 | 85.9 | 44.3% |
| Taiwan (Chinese) | 32.4 | 32.3 | 15.2 | 38.0 | 5.5% |
| Spain | 0.2 | 0.1 | N/A | 34.6 | 457.2% |
| Italy | 3.0 | 4.1 | 3.7 | 29.9 | 115.2% |
| Belgium | 38.9 | 34.3 | 12.9 | N/A | -42.4% |
| Colombia | 1,601 | 1,035 | 483 | N/A | -45.1% |
| Others | 72.4 | 59.7 | 29.6 | 42.8 | -16.1% |
| Total | 2,299 | 1,450 | 865 | 1,397 | -15.3% |
Top Suppliers of Wire of Other Alloy Steel to Bolivia in 2022:
- China (360.1 tons)
- Portugal (172.8 tons)
- Argentina (47.1 tons)
- Japan (19.6 tons)
- Taiwan (Chinese) (18.1 tons)
- Spain (16.5 tons)
- Italy (14.3 tons)
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