Price for Railway or Tramway Track Constructions of Iron or Steel in Chile - 2024

Contents:

  1. Price for Railway or Tramway Track Constructions of Iron or Steel in Chile (CIF) - 2022
  2. Price for Railway or Tramway Track Constructions of Iron or Steel in Chile (FOB) - 2022
  3. Imports of Railway or Tramway Track Constructions of Iron or Steel in Chile
  4. Exports of Railway or Tramway Track Constructions of Iron or Steel in Chile

Price for Railway or Tramway Track Constructions of Iron or Steel in Chile (CIF) - 2022

The average import price for railway or tramway track constructions of iron or steel stood at $1,813 per ton in 2022, rising by 12% against the previous year. Over the period under review, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for railway or tramway track constructions of iron or steel decreased by -26.1% against 2020 indices. The most prominent rate of growth was recorded in 2015 when the average import price increased by 58% against the previous year. The import price peaked at $2,453 per ton in 2020; however, from 2021 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 Romania ($7,771 per ton), while the price for Spain ($998 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+9.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Railway or Tramway Track Constructions of Iron or Steel in Chile (FOB) - 2022

In 2022, the average export price for railway or tramway track constructions of iron or steel amounted to $837 per ton, falling by -19.2% against the previous year. Overall, the export price, however, showed a pronounced increase. The most prominent rate of growth was recorded in 2021 when the average export price increased by 91%. As a result, the export price attained the peak level of $1,036 per ton, and then declined sharply in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Bolivia ($1,746 per ton), while the average price for exports to Peru amounted to $619 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ecuador (+21.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Railway or Tramway Track Constructions of Iron or Steel in Chile

In 2022, approx. 13K tons of railway or tramway track constructions of iron or steel were imported into Chile; growing by 17% on the previous year's figure. Over the period under review, imports, however, continue to indicate a abrupt downturn. The pace of growth was the most pronounced in 2021 when imports increased by 27% against the previous year.

In value terms, imports of railway or tramway track constructions of iron or steel surged to $24M in 2022. Overall, imports, however, saw a abrupt decrease.

Import of Railway or Tramway Track Constructions of Iron or Steel in Chile (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil5.13.87.35.52.5%
China7.70.91.04.9-14.0%
Spain0.42.64.93.3102.1%
Italy0.11.1N/A3.2217.5%
Romania1.53.90.62.315.3%
United States3.81.40.91.8-22.0%
Belgium1.10.1N/A1.0-3.1%
France5.15.10.30.7-48.4%
Luxembourg2.70.40.70.1-66.7%
Others0.82.52.61.07.7%
Total28.121.718.323.8-5.4%

Top Suppliers of Railway or Tramway Track Constructions of Iron or Steel to Chile in 2022:

  1. China (3.3K tons)
  2. Spain (3.3K tons)
  3. Italy (2.4K tons)
  4. Brazil (2.3K tons)
  5. United States (0.5K tons)
  6. Belgium (0.4K tons)
  7. Romania (0.3K tons)
  8. France (0.2K tons)

Exports of Railway or Tramway Track Constructions of Iron or Steel in Chile

In 2022, approx. 269 tons of railway or tramway track constructions of iron or steel were exported from Chile; rising by 52% on the year before. Overall, exports, however, continue to indicate a sharp decrease.

In value terms, exports of railway or tramway track constructions of iron or steel soared to $225K in 2022. In general, exports, however, saw a precipitous decline. The pace of growth appeared the most rapid in 2021 with an increase of 115%.

Export of Railway or Tramway Track Constructions of Iron or Steel in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Peru49364.949.2142-34.0%
Bolivia69.916.341.560.4-4.8%
Others78.53.992.222.8-33.8%
Total64285.0183225-29.5%

Top Export Markets for Railway or Tramway Track Constructions of Iron or Steel from Chile in 2022:

  1. Peru (229.4 tons)
  2. Bolivia (34.6 tons)

Source: IndexBox Market Intelligence Platform

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