Price for Steel, Stainless; Angles, Shapes and Sections in Chile - 2024

Contents:

  1. Price for Steel, Stainless; Angles, Shapes and Sections in Chile (CIF) - 2022
  2. Price for Steel, Stainless; Angles, Shapes and Sections in Chile (FOB) - 2022
  3. Imports of Steel, Stainless; Angles, Shapes and Sections in Chile
  4. Exports of Steel, Stainless; Angles, Shapes and Sections in Chile

Price for Steel, Stainless; Angles, Shapes and Sections in Chile (CIF) - 2022

In 2022, the average import price for steel, stainless amounted to $3,267 per ton, growing by 15% against the previous year. In general, the import price, however, showed a mild descent. The most prominent rate of growth was recorded in 2021 an increase of 27%. Over the period under review, average import prices reached the maximum at $3,861 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($29,842 per ton), while the price for China ($2,673 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 (+13.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Steel, Stainless; Angles, Shapes and Sections in Chile (FOB) - 2022

The average export price for steel, stainless stood at $2,363 per ton in 2022, shrinking by -9% against the previous year. In general, the export price showed a mild contraction. The most prominent rate of growth was recorded in 2015 an increase of 4,887%. As a result, the export price attained the peak level of $27,027 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Peru.

From 2012 to 2022, the rate of growth in terms of prices for Paraguay amounted to +580.4% per year.

Imports of Steel, Stainless; Angles, Shapes and Sections in Chile

In 2022, overseas purchases of steel, stainless increased by 39% to 900 tons for the first time since 2019, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +1.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of steel, stainless soared to $2.9M in 2022. In general, imports enjoyed perceptible growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Steel, Stainless; Angles, Shapes and Sections in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5012155271,24335.4%
India1,013731492946-2.3%
Spain4834214714960.9%
Brazil224N/AN/A5.6-70.8%
Others505128342249-21.0%
Total2,7271,4961,8312,9392.5%

Top Suppliers of Steel, Stainless; Angles, Shapes and Sections to Chile in 2022:

  1. China (465.0 tons)
  2. India (249.4 tons)
  3. Spain (176.7 tons)
  4. Brazil (0.5 tons)

Exports of Steel, Stainless; Angles, Shapes and Sections in Chile

In 2022, the amount of steel, stainless exported from Chile contracted modestly to 673 kg, declining by -1.6% against the previous year's figure. In general, exports continue to indicate a sharp decline. The pace of growth appeared the most rapid in 2021 with an increase of 1,079% against the previous year.

In value terms, exports of steel, stainless dropped significantly to $1.6K in 2022. Overall, exports continue to indicate a dramatic decrease. The growth pace was the most rapid in 2021 when exports increased by 354%.

Export of Steel, Stainless; Angles, Shapes and Sections in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Peru7.60.32.91.6-40.5%
Bolivia0.7N/AN/AN/A0%
Uruguay8.0N/AN/AN/A0%
Others0.20.3N/AN/A50.0%
Total16.40.62.91.6-54.0%

Top Export Markets for Steel, Stainless; Angles, Shapes and Sections from Chile in 2022:

  1. Peru (673.0 kg)

Source: IndexBox Market Intelligence Platform

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