Bolivia - Base Metal Coated Electrodes For Electric Arc-Welding - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Bolivia - Base Metal Coated Electrodes For Electric Arc-Welding - Market Analysis, Forecast, Size, Trends And Insights

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Coated Arc-Welding Electrode Price in Bolivia - 2023

Contents:

  1. Coated Arc-Welding Electrode Price in Bolivia (CIF) - 2022
  2. Coated Arc-Welding Electrode Price in Bolivia (FOB) - 2022
  3. Coated Arc-Welding Electrode Imports in Bolivia
  4. Coated Arc-Welding Electrode Exports in Bolivia

Coated Arc-Welding Electrode Price in Bolivia (CIF) - 2022

In 2022, the average coated arc-welding electrode import price amounted to $3,205 per ton, rising by 45% against the previous year. Overall, import price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, coated arc-welding electrode import price increased by +70.5% against 2019 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 Peru ($3,465 per ton), while the price for Turkey ($1,874 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Coated Arc-Welding Electrode Price in Bolivia (FOB) - 2022

In 2021, the average coated arc-welding electrode export price amounted to $8,731 per ton, with an increase of 94% against the previous year. Over the period under review, the export price, however, continues to indicate a noticeable decrease. The most prominent rate of growth was recorded in 2017 when the average export price increased by 1,315%. As a result, the export price attained the peak level of $65,533 per ton. From 2018 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Paraguay ($30,083 per ton), while the average price for exports to Chile stood at $6,559 per ton.

From 2013 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Paraguay (+322.4%).

Coated Arc-Welding Electrode Imports in Bolivia

In 2022, imports of coated base metal electrodes for electric arc-welding into Bolivia reduced markedly to 4K tons, falling by -33.9% against 2021 figures. Overall, imports recorded a deep downturn. The growth pace was the most rapid in 2021 with an increase of 34%. As a result, imports reached the peak of 6K tons, and then shrank significantly in the following year.

In value terms, coated arc-welding electrode imports dropped slightly to $13M in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +8.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.4% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 56% against the previous year. As a result, imports reached the peak of $13M, and then shrank in the following year.

Import of Coated Arc-Welding Electrode in Bolivia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina4.82.84.04.5-2.1%
Brazil0.61.84.63.783.4%
Peru3.52.73.63.0-5.0%
China0.90.80.61.16.9%
TurkeyN/AN/A0.10.10.0%
Others0.30.30.30.410.1%
Total10.18.513.312.77.9%

Top Suppliers of Coated Arc-Welding Electrode to Bolivia in 2022:

  1. Argentina (1457.4 tons)
  2. Brazil (1106.1 tons)
  3. Peru (859.9 tons)
  4. China (433.2 tons)
  5. Turkey (69.1 tons)

Coated Arc-Welding Electrode Exports in Bolivia

Coated arc-welding electrode exports from Bolivia skyrocketed to 130 kg in 2021, increasing by 1,525% compared with the previous year. In general, exports, however, showed a precipitous setback.

In value terms, coated arc-welding electrode exports surged to $1.1K in 2021. Overall, exports, however, continue to indicate a precipitous setback.

Export of Coated Arc-Welding Electrode in Bolivia (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
Chile2.0N/A0.8-36.8%
Paraguay26.4N/A0.4-87.7%
Others0.3N/AN/A0%
Total28.7N/A1.1-80.4%

Top Export Markets for Coated Arc-Welding Electrode from Bolivia in 2022:

  1. Chile (118.0 kg)
  2. Paraguay (12.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the coated arc-welding electrode market in Bolivia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 25931510 - Base metal coated electrodes for electric arc-welding

Country coverage:

  • Bolivia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Bolivia
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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