Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Chile - 2024

Contents:

  1. Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Chile (CIF) - 2024
  2. Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Chile (FOB) - 2022
  3. Imports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Chile
  4. Exports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Chile

Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Chile (CIF) - 2024

In August 2023, the average import price for steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia amounted to $5,101 per ton, reducing by -39.8% against the previous month. Over the period under review, the import price saw a drastic downturn. The most prominent rate of growth was recorded in July 2023 when the average import price increased by 54% against the previous month. As a result, import price reached the peak level of $8,469 per ton, and then declined rapidly in the following month.

As there is only one major supplying country, the average price level is determined by prices for China.

From January 2023 to August 2023, the rate of growth in terms of prices for China amounted to -2.2% per month.

Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Chile (FOB) - 2022

The average export price for steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia stood at $2,793 per ton in 2022, shrinking by -5.2% against the previous year. Overall, the export price recorded a pronounced contraction. The pace of growth appeared the most rapid in 2014 when the average export price increased by 71%. As a result, the export price reached the peak level of $10,433 per ton. From 2015 to 2022, the average export prices remained at a 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 Bolivia amounted to +34.5% per year.

Imports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Chile

In 2022, after two years of decline, there was significant growth in purchases abroad of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia, when their volume increased by 76% to 1.1K tons. In general, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +8.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia skyrocketed to $8.6M in 2022. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +25.2% 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 +96.0% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Chile (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.43.84.87.127.8%
United States0.21.50.10.1-20.6%
Taiwan (Chinese)0.2N/AN/AN/A0%
Others0.70.70.81.426.0%
Total4.46.15.88.625.0%

Top Suppliers of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section to Chile in 2022:

  1. China (1056.6 tons)
  2. United States (7.8 tons)

Exports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Chile

In 2022, shipments abroad of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia decreased by -98.6% to 372 kg, falling for the second consecutive year after two years of growth. In general, exports recorded a significant contraction. The pace of growth was the most pronounced in 2020 with an increase of 1,076% against the previous year. As a result, the exports attained the peak of 31 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia shrank rapidly to $1K in 2022. Over the period under review, exports saw a sharp contraction. The most prominent rate of growth was recorded in 2020 with an increase of 1,035% against the previous year. As a result, the exports reached the peak of $107K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
PeruN/A91.540.51.0-89.5%
Dominican Republic4.0N/AN/AN/A0%
United KingdomN/AN/A27.0N/A0%
Uruguay3.6N/AN/AN/A0%
Denmark1.92.16.8N/A89.2%
South AfricaN/AN/A4.9N/A0%
OthersN/A13.6N/AN/A0%
Total9.410779.31.0-52.6%

Top Export Markets for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section from Chile in 2022:

  1. Peru (372.0 kg)

Source: IndexBox Market Intelligence Platform

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