Price for Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Peru - 2022

Contents:

  1. Price for Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Peru (CIF) - 2022
  2. Price for Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Peru (FOB) - 2022
  3. Imports of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Peru
  4. Exports of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Peru

Price for Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Peru (CIF) - 2022

In 2022, the average import price for stainless steel; flat-rolled products of width less than 600mms amounted to $2,809 per ton, rising by 28% against the previous year. Overall, the import price showed a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($11,259 per ton), while the price for China ($2,348 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+13.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Peru (FOB) - 2022

The average export price for stainless steel; flat-rolled products of width less than 600mms stood at $2,135 per ton in 2022, shrinking by -45.3% against the previous year. In general, the export price continues to indicate a drastic downturn. The pace of growth was the most pronounced in 2013 an increase of 57%. Over the period under review, the average export prices attained the maximum at $9,599 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Chile ($15,220 per ton), while the average price for exports to Bolivia ($1,831 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 Chile (+18.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Peru

In 2022, approx. 2.6K tons of stainless steel; flat-rolled products of width less than 600mms were imported into Peru; growing by 11% on the previous year's figure. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +15.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +82.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 64% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of stainless steel; flat-rolled products of width less than 600mms surged to $7.3M in 2022. In general, imports recorded a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 71%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

Import of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,5201,0162,3685,35152.1%
India3464274684277.3%
United States856647841399-22.5%
South Africa3584261,046150-25.2%
Taiwan (Chinese)41441.834.3101-37.5%
Brazil36.225318.221.0-16.6%
Others25918434481046.2%
Total3,7892,9945,1207,26024.2%

Top Suppliers of Stainless Steel; Flat-Rolled Products of Width Less than 600mm to Peru in 2022:

  1. China (2279.4 tons)
  2. India (106.2 tons)
  3. South Africa (59.9 tons)
  4. United States (35.4 tons)
  5. Taiwan (Chinese) (11.3 tons)
  6. Brazil (6.8 tons)

Exports of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Peru

In 2022, exports of stainless steel; flat-rolled products of width less than 600mms from Peru reduced rapidly to 23 tons, falling by -57.1% on 2021 figures. Overall, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 1,590% against the previous year. As a result, the exports reached the peak of 54 tons, and then shrank markedly in the following year.

In value terms, exports of stainless steel; flat-rolled products of width less than 600mms dropped sharply to $50K in 2022. In general, exports, however, posted a buoyant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 1,060% against the previous year. As a result, the exports reached the peak of $213K, and then declined markedly in the following year.

Export of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bolivia26.38.883.340.715.7%
Free Zones0.8N/AN/A6.095.7%
Chile2.30.257.01.7-9.6%
MexicoN/AN/A59.21.2-98.0%
BrazilN/AN/A12.5N/A0%
Others2.49.30.50.4-45.0%
Total31.818.321349.916.2%

Top Export Markets for Stainless Steel; Flat-Rolled Products of Width Less than 600mm from Peru in 2022:

  1. Bolivia (22.2 tons)
  2. Free Zones (0.8 tons)
  3. Mexico (0.2 tons)
  4. Chile (0.1 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Stainless steel; flat-rolled products of width less than 600mm - Peru