Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Peru - 2022

Contents:

1. Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Peru (CIF) - 2022
2. Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Peru (FOB) - 2022
3. Imports of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Peru
4. Exports of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Peru

Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Peru (CIF) - 2022

The average import price for iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses stood at $3,938 per ton in 2022, dropping by -1.5% against the previous year. Overall, the import price showed a abrupt contraction. The pace of growth was the most pronounced in 2018 an increase of 44% against the previous year. The import price peaked at $9,840 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Chile.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +12.5% per year.

Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Peru (FOB) - 2022

The average export price for iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses stood at $1,834 per ton in 2022, remaining constant against the previous year. Overall, the export price, however, recorded a perceptible downturn. The pace of growth was the most pronounced in 2015 an increase of 46%. As a result, the export price attained the peak level of $5,269 per ton. From 2016 to 2022, the average export prices failed to regain momentum.

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 ($1,886 per ton), while the average price for exports to Bolivia totaled $805 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bolivia (-8.8%).

Imports of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Peru

In 2022, the amount of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses imported into Peru surged to 550 tons, increasing by 90,128% against 2021. Over the period under review, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses skyrocketed to $2.2M in 2022. In general, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms to Peru in 2022:

1. Chile (550.4 tons)

Exports of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Peru

In 2022, shipments abroad of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses increased by 6.2% to 850 kg for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, continue to indicate a abrupt decrease.

In value terms, exports of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses expanded notably to $1.6K in 2022. Over the period under review, exports, however, continue to indicate a abrupt slump.

Top Export Markets for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms from Peru in 2022:

1. Ecuador (809.0 kg)
2. Bolivia (41.0 kg)

Source: IndexBox Market Intelligence Platform