Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Chile - 2024

Contents:

1. Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Chile (CIF) - 2022
2. Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Chile (FOB) - 2022
3. Imports of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Chile
4. Exports of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Chile

Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Chile (CIF) - 2022

In 2022, the average import price for steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s amounted to $13,074 per ton, picking up by 30% against the previous year. Over the period under review, the import price recorded strong growth. The pace of growth appeared the most rapid in 2021 when the average import price increased by 142% against the previous year. The import price peaked in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($71,568 per ton), while the price for China ($6,838 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+39.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Chile (FOB) - 2022

The average export price for steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s stood at $9,281 per ton in 2022, remaining stable against the previous year. Over the period under review, the export price enjoyed a strong expansion. The growth pace was the most rapid in 2015 when the average export price increased by 1,562%. The export price peaked at $30,455 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Norway amounted to +3.9% per year.

Imports of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Chile

In 2022, imports of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s into Chile shrank significantly to 10 tons, with a decrease of -71.9% on 2021 figures. Overall, imports faced a sharp shrinkage. The smallest decline of -11.4% was in 2020.

In value terms, imports of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s shrank rapidly to $131K in 2022. In general, imports faced a sharp decrease. The pace of growth appeared the most rapid in 2021 when imports increased by 104%. As a result, imports attained the peak of $360K, and then fell sharply in the following year.

Top Suppliers of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 to Chile in 2022:

1. China (8.4 tons)
2. Spain (0.9 tons)
3. United States (0.4 tons)
4. Pakistan (0.2 tons)

Exports of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Chile

In 2022, approx. 32 kg of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s were exported from Chile; standing approx. at 2021. Over the period under review, exports posted a significant increase. The smallest decline of 99.9% was in 2021. The exports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, exports of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s totaled $297 in 2022. Overall, exports recorded a deep downturn. The smallest decline of 99.9% was in 2021.

Top Export Markets for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 from Chile in 2022:

1. Sweden (32.0 kg)