Peru - Flat-Rolled Products Of Iron Or Non-Alloy Steel - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 16, 2024

Peru - Flat-Rolled Products Of Iron Or Non-Alloy Steel - Market Analysis, Forecast, Size, Trends and Insights

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Flat-Rolled Steel Products Price in Peru - 2021

Contents:

  1. Flat-Rolled Steel Products Price in Peru (CIF) - 2021
  2. Flat-Rolled Steel Products Price in Peru (FOB) - 2022
  3. Flat-Rolled Steel Products Imports in Peru
  4. Flat-Rolled Steel Products Exports in Peru

Flat-Rolled Steel Products Price in Peru (CIF) - 2021

In April 2020, the average flat-rolled steel products import price amounted to $933 per ton, waning by -3.3% against the previous month. Over the period under review, the import price saw a perceptible decline. The most prominent rate of growth was recorded in February 2020 when the average import price increased by 0.2% against the previous month. As a result, import price reached the peak level of $1,009 per ton. From March 2020 to April 2020, the average import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In April 2020, the highest price was recorded for prices from Germany ($1,086 per ton) and the Netherlands ($986 per ton), while the price for the United States ($829 per ton) and South Korea ($895 per ton) were amongst the lowest.

From January 2020 to April 2020, the most notable rate of growth in terms of prices was attained by Germany (+2.2%), while the prices for the other major suppliers experienced a decline.

Flat-Rolled Steel Products Price in Peru (FOB) - 2022

In 2022, the average flat-rolled steel products export price amounted to $2,079 per ton, declining by -21.8% against the previous year. Overall, the export price, however, showed a remarkable increase. The pace of growth was the most pronounced in 2014 when the average export price increased by 110% against the previous year. Over the period under review, the average export prices reached the peak figure at $2,657 per ton in 2021, and then fell significantly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bolivia ($5,162 per ton), while the average price for exports to India ($599 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Venezuela (+55.5%), while the prices for the other major destinations experienced more modest paces of growth.

Flat-Rolled Steel Products Imports in Peru

After three years of growth, overseas purchases of flat-rolled products of iron or non-alloy steel decreased by -8.4% to 98K tons in 2022. The total import volume increased at an average annual rate of +4.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 21%. As a result, imports attained the peak of 107K tons, and then declined in the following year.

In value terms, flat-rolled steel products imports dropped significantly to $106M in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +6.0% 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 +25.6% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 51%. As a result, imports attained the peak of $127M, and then shrank remarkably in the following year.

Import of Flat-Rolled Steel Products in Peru (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China12.516.229.732.938.1%
Japan38.926.722.125.8-12.8%
Germany12.918.218.820.817.3%
Netherlands14.115.115.517.16.6%
United States2.32.11.82.0-4.6%
South Korea3.52.41.22.0-17.0%
Spain0.82.11.61.728.6%
Others3.71.336.63.4-2.8%
Total88.884.21271066.1%

Top Suppliers of Flat-Rolled Steel Products to Peru in 2022:

  1. Japan (26.7K tons)
  2. China (25.9K tons)
  3. Germany (20.5K tons)
  4. Netherlands (15.5K tons)
  5. United States (2.2K tons)
  6. South Korea (2.1K tons)
  7. Spain (2.0K tons)

Flat-Rolled Steel Products Exports in Peru

In 2022, after three years of growth, there was decline in shipments abroad of flat-rolled products of iron or non-alloy steel, when their volume decreased by -1.5% to 108 tons. In general, total exports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +21.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +78.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 47%.

In value terms, flat-rolled steel products exports reduced dramatically to $226K in 2022. Over the period under review, exports, however, posted a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 85% against the previous year. As a result, the exports reached the peak of $293K, and then contracted rapidly in the following year.

Export of Flat-Rolled Steel Products in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Chile2.12.917694.1255.2%
Ecuador35.444.859.359.418.8%
Colombia19.330.019.322.95.9%
Nicaragua13.416.619.917.18.5%
Bolivia18.233.313.514.9-6.5%
United States1.55.81.14.443.1%
India0.83.90.93.766.6%
Others13.621.02.39.0-12.9%
Total10415829322629.5%

Top Export Markets for Flat-Rolled Steel Products from Peru in 2022:

  1. Ecuador (37.2 tons)
  2. Chile (27.3 tons)
  3. Colombia (18.4 tons)
  4. Nicaragua (8.9 tons)
  5. United States (6.6 tons)
  6. India (6.2 tons)
  7. Bolivia (2.9 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the flat-rolled steel products market in Peru. 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 24105110 - Tinplate, other tinned sheet and strip, including electrolytically chromium coated steel (ECCS)
  • Prodcom 243220Z1 - Steel sheet and strip as well as cold-rolled slit strip (of nonalloy steel), hot-dipped or electrolytically metal-coated, of a width < .600 mm

Country coverage:

  • Peru

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Peru
  • 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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