Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Chile - 2024

Contents:

1. Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Chile (CIF) - 2022
2. Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Chile (FOB) - 2022
3. Imports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Chile
4. Exports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Chile

Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Chile (CIF) - 2022

In 2022, the average import price for steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses amounted to $767 per ton, approximately mirroring the previous year. Over the period under review, import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.6% 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 steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses increased by +45.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 when the average import price increased by 46% against the previous year. As a result, import price reached the peak level of $769 per ton, leveling off in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($839 per ton), while the price for Brazil amounted to $723 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.6%).

Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Chile (FOB) - 2022

In 2022, the average export price for steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses amounted to $996 per ton, picking up by 61% against the previous year. In general, the export price enjoyed resilient growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Colombia ($1,312 per ton), while the average price for exports to Brazil amounted to $970 per ton.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (+68.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Chile

In 2022, approx. 23K tons of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses were imported into Chile; dropping by -35.2% against the year before. Over the period under review, imports saw a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 503% against the previous year. As a result, imports reached the peak of 35K tons, and then shrank markedly in the following year.

In value terms, imports of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses fell rapidly to $17M in 2022. In general, imports showed a perceptible decline. The most prominent rate of growth was recorded in 2021 with an increase of 781% against the previous year. As a result, imports attained the peak of $27M, and then dropped sharply in the following year.

Top Suppliers of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils to Chile in 2022:

1. Brazil (14.1K tons)
2. China (8.3K tons)
3. Argentina (0.2K tons)

Exports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Chile

In 2022, overseas shipments of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses decreased by -58.5% to 902 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 140%. As a result, the exports attained the peak of 2.2K tons, and then declined dramatically in the following year.

In value terms, exports of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses fell notably to $898K in 2022. Overall, exports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 185% against the previous year. As a result, the exports reached the peak of $1.3M, and then reduced sharply in the following year.

Top Export Markets for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils from Chile in 2022:

1. Brazil (836.5 tons)
2. Colombia (65.4 tons)

Source: IndexBox Market Intelligence Platform