Report Update: May 1, 2024

Peru - Angles, Shapes And Sections (Of Iron Or Non-Alloy Steel) - Market Analysis, Forecast, Size, Trends and Insights

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Iron Angle Price in Peru - 2021

Iron Angle Price in Peru (CIF) - 2021

In April 2020, the average iron angle import price amounted to $593 per ton, rising by 2.4% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. Over the period under review, average import prices reached the peak figure at $597 per ton in January 2020; however, from February 2020 to April 2020, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In April 2020, the country with the highest price was South Korea ($599 per ton), while the price for Turkey totaled $542 per ton.

From January 2020 to April 2020, the most notable rate of growth in terms of prices was attained by Turkey (+0.7%).

Iron Angle Price in Peru (FOB) - 2021

The average iron angle export price stood at $678 per ton in April 2020, remaining relatively unchanged against the previous month. Over the period under review, the export price, however, saw a mild setback. The export price peaked at $704 per ton in January 2020; however, from February 2020 to April 2020, the export prices remained at a lower figure.

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

From January 2020 to April 2020, the rate of growth in terms of prices for Ecuador amounted to 0.0% per month.

Iron Angle Imports in Peru

In 2022, iron angle imports into Peru contracted significantly to 80K tons, with a decrease of -21.6% compared with 2021 figures. In general, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +6.2% 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 +40.0% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 79%. As a result, imports attained the peak of 102K tons, and then reduced dramatically in the following year.

In value terms, iron angle imports declined remarkably to $56M in 2022. Overall, imports, however, posted a prominent expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 139% against the previous year. As a result, imports reached the peak of $79M, and then dropped remarkably in the following year.

Import of Iron Angle in Peru (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Turkey	18.4	14.8	55.4	35.2	24.1%
South Korea	18.7	14.1	16.2	12.5	-12.6%
China	0.6	0.6	0.9	3.0	71.0%
Spain	0.7	0.9	1.3	1.5	28.9%
Brazil	2.8	1.1	1.8	0.9	-31.5%
Others	2.0	1.6	3.6	3.0	14.5%
Total	43.2	33.1	79.2	56.2	9.2%

Top Suppliers of Iron Angle to Peru in 2022:

Turkey (53.0K tons)
South Korea (17.2K tons)
China (3.8K tons)
Spain (1.9K tons)
Brazil (1.4K tons)

Iron Angle Exports in Peru

In 2022, shipments abroad of angles, shapes and sections (of iron or non-alloy steel) was finally on the rise to reach 19K tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, continue to indicate a drastic downturn.

In value terms, iron angle exports expanded remarkably to $14M in 2022. Over the period under review, exports, however, showed a abrupt shrinkage.

Export of Iron Angle in Peru (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Bolivia	16.4	13.5	11.7	12.7	-8.2%
Ecuador	0.8	1.1	0.4	0.9	4.0%
Colombia	0.8	0.3	0.6	0.6	-9.1%
Others	0.1	0.2	0.8	0.1	0.0%
Total	18.0	15.0	13.6	14.3	-7.4%

Top Export Markets for Iron Angle from Peru in 2022:

Bolivia (17.2K tons)
Ecuador (1.2K tons)
Colombia (1.0K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the iron angle 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 24107110 - U-sections of a web height of .80 mm or more (of non-alloy steel)
Prodcom 24107120 - I-sections of a web height of .80 mm or more (of non-alloy steel)
Prodcom 24107130 - H-sections of a web height of .80 mm or more (of non-alloy steel)
Prodcom 24107140 - Other open sections, not further worked than hot-rolled, hotdrawn or extruded, of non-alloy steel

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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
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