Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in Chile - 2023
Contents:
- Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in Chile (CIF) - 2022
- Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in Chile (FOB) - 2022
- Imports of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Chile
- Exports of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Chile
Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in Chile (CIF) - 2022
The average import price for stainless steel bars and rods, angles, shapes and sectionses stood at $4,355 per ton in 2022, with an increase of 33% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The import price peaked at $4,581 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 Turkey ($15,463 per ton), while the price for Spain ($3,564 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+36.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in Chile (FOB) - 2022
In 2022, the average export price for stainless steel bars and rods, angles, shapes and sectionses amounted to $4,219 per ton, reducing by -60.3% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 373%. The export price peaked at $11,325 per ton in 2017; however, from 2018 to 2022, the 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 Peru ($9,043 per ton), while the average price for exports to India ($3,137 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 China (+23.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Chile
In 2022, the amount of stainless steel bars and rods, angles, shapes and sectionses imported into Chile expanded modestly to 3.4K tons, with an increase of 3% against 2021 figures. Overall, imports, however, saw a slight shrinkage.
In value terms, imports of stainless steel bars and rods, angles, shapes and sectionses skyrocketed to $15M in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +13.0% 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 +74.4% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Chile (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 4.8 | 3.9 | 4.7 | 7.0 | 13.4% |
| China | 1.3 | 1.3 | 2.2 | 4.4 | 50.1% |
| Spain | 0.8 | 0.7 | 0.7 | 1.5 | 23.3% |
| Turkey | 0.2 | 0.2 | 0.5 | N/A | 58.1% |
| Others | 3.2 | 2.4 | 2.8 | 1.9 | -16.0% |
| Total | 10.4 | 8.6 | 11.0 | 15.0 | 13.0% |
Top Suppliers of Stainless Steel Bars and Rods, Angles, Shapes and Sections to Chile in 2022:
- India (1638.8 tons)
- China (1200.8 tons)
- Spain (434.9 tons)
- Turkey (0.9 tons)
Exports of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Chile
In 2022, overseas shipments of stainless steel bars and rods, angles, shapes and sectionses decreased by -32.2% to 39 tons, falling for the second consecutive year after two years of growth. Overall, exports showed a dramatic decline. The pace of growth appeared the most rapid in 2020 with an increase of 48% against the previous year. As a result, the exports reached the peak of 171 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of stainless steel bars and rods, angles, shapes and sectionses dropped rapidly to $164K in 2022. Over the period under review, exports faced a sharp curtailment. The pace of growth was the most pronounced in 2021 when exports increased by 59%.
| Export of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Chile (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 28.3 | 21.7 | N/A | 68.8 | 34.5% |
| Bolivia | 34.6 | 31.8 | 75.0 | 54.2 | 16.1% |
| Peru | 12.9 | 1.4 | 498 | 36.3 | 41.2% |
| Spain | N/A | 79.0 | N/A | N/A | 0% |
| China | 614 | 245 | N/A | N/A | -60.1% |
| Others | 15.5 | 5.1 | 36.9 | 4.8 | -32.3% |
| Total | 705 | 384 | 610 | 164 | -38.5% |
Top Export Markets for Stainless Steel Bars and Rods, Angles, Shapes and Sections from Chile in 2022:
- India (21.9 tons)
- Bolivia (12.7 tons)
- Peru (4.0 tons)
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