Peru - Tube Or Pipe Fittings (Of Iron Or Steel) - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Peru - Tube Or Pipe Fittings (Of Iron Or Steel) - Market Analysis, Forecast, Size, Trends and Insights

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Price for Iron or Steel Tube Fitting in Peru - 2021

Contents:

  1. Price for Iron or Steel Tube Fitting in Peru (CIF) - 2021
  2. Price for Iron or Steel Tube Fitting in Peru (FOB) - 2022
  3. Imports of Iron or Steel Tube Fitting in Peru
  4. Exports of Iron or Steel Tube Fitting in Peru

Price for Iron or Steel Tube Fitting in Peru (CIF) - 2021

The average import price for tube or pipe fittings (of iron or steel) stood at $5,593 per ton in April 2020, shrinking by -11.4% against the previous month. In general, import price indicated a resilient increase from January 2020 to April 2020: its price increased at an average monthly rate of +10.1% over the last three-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on April 2020 figures, iron or steel tube fitting import price increased by +33.4% against January 2020 indices. The most prominent rate of growth was recorded in March 2020 an increase of 33% month-to-month. As a result, import price attained the peak level of $6,314 per ton, and then contracted in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($25,264 per ton), while the price for China ($2,740 per ton) was amongst the lowest.

From January 2020 to April 2020, the most notable rate of growth in terms of prices was attained by South Korea (+15.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Iron or Steel Tube Fitting in Peru (FOB) - 2022

In 2022, the average export price for tube or pipe fittings (of iron or steel) amounted to $8,642 per ton, approximately reflecting the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the average export price increased by 14% against the previous year. As a result, the export price reached the peak level of $11,397 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brazil ($26,467 per ton), while the average price for exports to Panama ($4,678 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 Brazil (+8.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron or Steel Tube Fitting in Peru

In 2022, approx. 14K tons of tube or pipe fittings (of iron or steel) were imported into Peru; with a decrease of -5% compared with the year before. Over the period under review, imports showed a abrupt decline. The pace of growth was the most pronounced in 2021 when imports increased by 8.4%.

In value terms, iron or steel tube fitting imports dropped to $56M in 2022. In general, imports recorded a deep slump. The most prominent rate of growth was recorded in 2021 when imports increased by 19% against the previous year.

Import of Iron or Steel Tube Fitting in Peru (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China30.824.232.627.4-3.8%
United States16.612.612.212.3-9.5%
Italy3.21.72.41.9-16.0%
France0.41.01.91.762.0%
Others16.011.912.012.9-6.9%
Total67.151.561.156.3-5.7%

Top Suppliers of Iron or Steel Tube Fitting to Peru in 2022:

  1. China (11.1K tons)
  2. United States (0.9K tons)
  3. France (0.3K tons)
  4. Italy (0.2K tons)

Exports of Iron or Steel Tube Fitting in Peru

Iron or steel tube fitting exports from Peru fell rapidly to 634 tons in 2022, with a decrease of -19.7% against the previous year. Overall, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 72% against the previous year. As a result, the exports reached the peak of 790 tons, and then fell rapidly in the following year.

In value terms, iron or steel tube fitting exports dropped sharply to $5.5M in 2022. Over the period under review, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 62%. As a result, the exports attained the peak of $6.8M, and then declined remarkably in the following year.

Export of Iron or Steel Tube Fitting in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Chile1,6077401,2551,007-14.4%
Bolivia7106041,1239038.3%
Mexico6065111,09287413.0%
Ecuador6625477896640.1%
United States3645326364789.5%
Guatemala22016938329310.0%
Panama2531273422712.3%
Colombia357280230259-10.1%
Costa Rica65.213120317137.9%
Dominican Republic14785.1163129-4.3%
Uruguay10311212698.9-1.3%
Others496353425331-12.6%
Total5,5914,1906,7675,478-0.7%

Top Export Markets for Iron or Steel Tube Fitting from Peru in 2022:

  1. Bolivia (141.0 tons)
  2. Chile (130.5 tons)
  3. Mexico (87.4 tons)
  4. Ecuador (67.7 tons)
  5. Panama (57.9 tons)
  6. United States (26.1 tons)
  7. Guatemala (23.2 tons)
  8. Costa Rica (23.0 tons)
  9. Colombia (20.7 tons)
  10. Dominican Republic (17.4 tons)
  11. Uruguay (12.9 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for iron or steel tube fitting 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 24204010 - Flanges, of steel (excluding cast fittings)
  • Prodcom 24204030 - Elbows, bends, couplings, sleeves and other threaded tube or pipe fittings, of steel (excluding cast fittings)
  • Prodcom 24204050 - Elbows, bends, couplings and sleeves and other socket welding tube or pipe fittings, of steel (excluding cast fittings)
  • Prodcom 24204073 - Butt welding elbows and bends, for tubes or pipes, of steel (excluding cast fittings)
  • Prodcom 24204075 - Butt welding tube or pipe fittings, other than elbows and bends, of steel (excluding cast fittings)
  • Prodcom 24513030 - Tube or pipe fittings, of non-malleable cast iron
  • Prodcom 24513050 - Tube or pipe fittings of malleable cast iron
  • Prodcom 24523000 - Tube or pipe fittings of cast 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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Free Data: Tube Or Pipe Fittings (Of Iron Or Steel) - Peru