Price for Steel, Alloy; Ingots and Other Primary Forms in Bolivia - 2022
Contents:
- Price for Steel, Alloy; Ingots and Other Primary Forms in Bolivia (CIF) - 2022
- Imports of Steel, Alloy; Ingots and Other Primary Forms in Bolivia
Price for Steel, Alloy; Ingots and Other Primary Forms in Bolivia (CIF) - 2022
In 2022, the average import price for steel, alloy; ingots and other primary formses amounted to $36,050 per ton, picking up by 87% against the previous year. Overall, the import price recorded a buoyant expansion. The most prominent rate of growth was recorded in 2021 when the average import price increased by 553% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +17.3% per year.
Imports of Steel, Alloy; Ingots and Other Primary Forms in Bolivia
For the third year in a row, Bolivia recorded decline in overseas purchases of steel, alloy; ingots and other primary formses, which decreased by -42.9% to 20 kg in 2022. In general, imports faced a dramatic decrease.
In value terms, imports of steel, alloy; ingots and other primary formses expanded remarkably to $721 in 2022. Overall, imports showed a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 60% against the previous year.
Import of Steel, Alloy; Ingots and Other Primary Forms in Bolivia (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 1,068 | 421 | 673 | 721 | -12.3% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 1,068 | 421 | 673 | 721 | -12.3% |
Top Suppliers of Steel, Alloy; Ingots and Other Primary Forms to Bolivia in 2022:
- United States (20.0 kg)
This report provides an in-depth analysis of the market for raw steel and steel semi-finished products in Bolivia.
This report provides an in-depth analysis of the global market for raw steel and steel semi-finished products.
Explore the top import markets for raw steel and steel semi-finished products worldwide. Get key statistics and insights from the IndexBox market intelligence platform.
The beginning of 2021 saw a sharp increase in the steel demand, while metallurgical plants were still recovering from the operational downtime incurred during the lockdown. This market disbalance leads to an increase in steel prices. The recovery of the automotive sector and other downstream industries in 2020, at a faster pace than expected, generates the conditions for robust steel demand in the medium term.
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