Price for Chain and Parts Thereof, of Iron or Steel in Bolivia - 2023
Contents:
- Price for Chain and Parts Thereof, of Iron or Steel in Bolivia (CIF) - 2023
- Price for Chain and Parts Thereof, of Iron or Steel in Bolivia (FOB) - 2022
- Imports of Chain and Parts Thereof, of Iron or Steel in Bolivia
- Exports of Chain and Parts Thereof, of Iron or Steel in Bolivia
Price for Chain and Parts Thereof, of Iron or Steel in Bolivia (CIF) - 2023
The average import price for chain and parts thereof, of iron or steel stood at $9,300 per ton in November 2023, increasing by 3.6% against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in July 2023 an increase of 129% against the previous month. As a result, import price attained the peak level of $18,705 per ton. From August 2023 to November 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was India ($12,165 per ton), while the price for Spain ($6,336 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by India (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Chain and Parts Thereof, of Iron or Steel in Bolivia (FOB) - 2022
The average export price for chain and parts thereof, of iron or steel stood at $4,178 per ton in 2022, increasing by 81% against the previous year. Over the period under review, the export price, however, continues to indicate a deep reduction. The pace of growth appeared the most rapid in 2019 an increase of 319%. The export price peaked at $27,494 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Chile ($7,815 per ton), while the average price for exports to the United States ($4,636 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Chile (-10.8%), while the prices for the other major destinations experienced a decline.
Imports of Chain and Parts Thereof, of Iron or Steel in Bolivia
Imports of chain and parts thereof, of iron or steel into Bolivia declined notably to 1.3K tons in 2022, dropping by -27.2% against the year before. Over the period under review, imports continue to indicate a abrupt descent. The growth pace was the most rapid in 2021 with an increase of 1.2% against the previous year.
In value terms, imports of chain and parts thereof, of iron or steel surged to $8.8M in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +14.5% 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 +76.4% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Chain and Parts Thereof, of Iron or Steel in Bolivia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.8 | 2.6 | 2.6 | 4.5 | 17.1% |
| Brazil | 0.8 | 1.0 | 0.9 | 1.4 | 20.5% |
| Italy | 0.5 | 0.4 | 0.8 | 0.8 | 17.0% |
| Japan | 0.4 | 0.1 | 0.3 | 0.6 | 14.5% |
| South Korea | 0.1 | N/A | 0.2 | 0.4 | 58.7% |
| Others | 1.2 | 0.9 | 1.0 | 1.1 | -2.9% |
| Total | 5.9 | 5.0 | 5.7 | 8.8 | 14.3% |
Top Suppliers of Chain and Parts Thereof, of Iron or Steel to Bolivia in 2022:
- China (989.6 tons)
- Brazil (112.3 tons)
- Italy (70.1 tons)
- South Korea (38.3 tons)
- Japan (29.2 tons)
Exports of Chain and Parts Thereof, of Iron or Steel in Bolivia
In 2022, overseas shipments of chain and parts thereof, of iron or steel decreased by -73% to 1.7 tons, falling for the second year in a row after two years of growth. In general, exports, however, continue to indicate a moderate expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 394% against the previous year. As a result, the exports attained the peak of 7.6 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of chain and parts thereof, of iron or steel shrank notably to $11K in 2022. Over the period under review, exports saw a precipitous decline. The pace of growth appeared the most rapid in 2020 when exports increased by 49%.
| Export of Chain and Parts Thereof, of Iron or Steel in Bolivia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 3.9 | 5.5 | 26.9 | 8.0 | 27.1% |
| United States | 5.6 | 32.3 | 9.5 | 2.6 | -22.6% |
| Chile | N/A | 0.7 | N/A | 0.6 | -7.4% |
| Sweden | N/A | 0.1 | 1.8 | N/A | 1700.0% |
| Brazil | 6.9 | N/A | N/A | N/A | 0% |
| Others | 9.9 | 0.4 | 9.7 | N/A | -1.0% |
| Total | 26.3 | 39.0 | 47.9 | 11.2 | -24.8% |
Top Export Markets for Chain and Parts Thereof, of Iron or Steel from Bolivia in 2022:
- Argentina (1025.0 kg)
- United States (569.0 kg)
- Chile (81.0 kg)
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