Peru - Hot-Rolled Bars Of Silico-Manganese Steel - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 25, 2024

Peru - Hot-Rolled Bars Of Silico-Manganese Steel - Market Analysis, Forecast, Size, Trends And Insights

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Price for Hot-Rolled Silico-Manganese Steel Bar in Peru - 2021

Contents:

  1. Price for Hot-Rolled Silico-Manganese Steel Bar in Peru (CIF) - 2022
  2. Price for Hot-Rolled Silico-Manganese Steel Bar in Peru (FOB) - 2022
  3. Imports of Hot-Rolled Silico-Manganese Steel Bar in Peru
  4. Exports of Hot-Rolled Silico-Manganese Steel Bar in Peru

Price for Hot-Rolled Silico-Manganese Steel Bar in Peru (CIF) - 2022

In 2022, the average hot-rolled silico-manganese steel bar import price amounted to $1,478 per ton, declining by -2.1% against the previous year. In general, the import price saw a noticeable decline. The most prominent rate of growth was recorded in 2015 when the average import price increased by 111% against the previous year. The import price peaked at $1,908 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($3,551 per ton), while the price for China ($1,198 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+3.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Hot-Rolled Silico-Manganese Steel Bar in Peru (FOB) - 2022

In 2022, the average hot-rolled silico-manganese steel bar export price amounted to $1,629 per ton, increasing by 2.3% against the previous year. In general, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2015 an increase of 31%. The export price peaked at $2,315 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Ecuador ($10,830 per ton), while the average price for exports to Bolivia stood at $1,309 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ecuador (+19.4%).

Imports of Hot-Rolled Silico-Manganese Steel Bar in Peru

Hot-rolled silico-manganese steel bar imports into Peru shrank remarkably to 19 tons in 2022, falling by -43.1% against 2021 figures. Over the period under review, imports recorded a significant curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 806% against the previous year.

In value terms, hot-rolled silico-manganese steel bar imports shrank remarkably to $28K in 2022. Overall, imports continue to indicate a deep reduction. The growth pace was the most rapid in 2021 with an increase of 778% against the previous year. As a result, imports reached the peak of $51K, and then declined rapidly in the following year.

Import of Hot-Rolled Silico-Manganese Steel Bar in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China27.50.717.39.0-31.1%
Czech Republic3.11.811.16.326.7%
United States5.30.82.11.7-31.5%
Chile3.40.72.91.5-23.9%
Argentina2.10.41.40.6-34.1%
BrazilN/AN/AN/A0.50%
Others6.61.315.98.69.2%
Total48.05.850.628.2-16.2%

Top Suppliers of Hot-Rolled Silico-Manganese Steel Bar to Peru in 2022:

  1. China (7.5 tons)
  2. Czech Republic (4.4 tons)
  3. United States (1.0 tons)
  4. Chile (1.0 tons)
  5. Brazil (0.3 tons)
  6. Argentina (0.3 tons)

Exports of Hot-Rolled Silico-Manganese Steel Bar in Peru

In 2022, the amount of hot-rolled bars of silico-manganese steel exported from Peru shrank rapidly to 11 tons, reducing by -46.2% compared with 2021. In general, exports, however, recorded a significant increase. The growth pace was the most rapid in 2021 when exports increased by 1,127% against the previous year. As a result, the exports reached the peak of 20 tons, and then fell notably in the following year.

In value terms, hot-rolled silico-manganese steel bar exports declined significantly to $18K in 2022. Over the period under review, exports, however, posted prominent growth. The most prominent rate of growth was recorded in 2021 when exports increased by 900% against the previous year. As a result, the exports attained the peak of $32K, and then declined markedly in the following year.

Export of Hot-Rolled Silico-Manganese Steel Bar in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bolivia1.21.818.413.8125.7%
Ecuador11.91.510.34.0-30.5%
NicaraguaN/AN/A3.7N/A0%
OthersN/AN/AN/AN/A0%
Total13.13.232.417.810.8%

Top Export Markets for Hot-Rolled Silico-Manganese Steel Bar from Peru in 2022:

  1. Bolivia (10.6 tons)
  2. Ecuador (0.4 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for hot-rolled silico-manganese steel bar 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 24106620 - Hot-rolled bars of silico-manganese 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:

  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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