Price for Wire of Other Alloy Steel in Peru - 2022

Contents:

  1. Price for Wire of Other Alloy Steel in Peru (CIF) - 2022
  2. Price for Wire of Other Alloy Steel in Peru (FOB) - 2022
  3. Imports of Wire of Other Alloy Steel in Peru
  4. Exports of Wire of Other Alloy Steel in Peru

Price for Wire of Other Alloy Steel in Peru (CIF) - 2022

The average import price for wire of other alloy steels stood at $1,281 per ton in 2022, with an increase of 7.8% against the previous year. In general, the import price, however, recorded a mild decline. The most prominent rate of growth was recorded in 2021 an increase of 16%. Over the period under review, average import prices hit record highs at $1,478 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Czech Republic ($3,209 per ton), while the price for Turkey ($640 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+10.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Wire of Other Alloy Steel in Peru (FOB) - 2022

The average export price for wire of other alloy steels stood at $2,470 per ton in 2022, with an increase of 80% against the previous year. Over the period under review, the export price recorded a measured expansion. The pace of growth appeared the most rapid in 2013 when the average export price increased by 143% against the previous year. As a result, the export price attained the peak level of $4,709 per ton. From 2014 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Chile ($2,859 per ton), while the average price for exports to Ecuador stood at $1,580 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+13.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wire of Other Alloy Steel in Peru

In 2022, the amount of wire of other alloy steels imported into Peru declined to 3.5K tons, waning by -9.6% against the previous year's figure. In general, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +5.6% 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 +70.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 89% against the previous year. As a result, imports attained the peak of 3.9K tons, and then shrank in the following year.

In value terms, wire of other alloy steel imports shrank modestly to $4.5M in 2022. Over the period under review, imports, however, posted a strong increase. The pace of growth was the most pronounced in 2021 with an increase of 119%. As a result, imports attained the peak of $4.6M, and then fell modestly in the following year.

Import of Wire of Other Alloy Steel in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2,2881,5202,9481,904-5.9%
TurkeyN/A96.4305874201.1%
South Korea4573675285848.5%
Czech Republic21759.410.639922.5%
Vietnam25.4N/A260381146.6%
Taiwan (Chinese)1.10.717.4181448.0%
Venezuela231N/AN/AN/A0%
Others31559.5530161-20.0%
Total3,5342,1034,6004,4858.3%

Top Suppliers of Wire of Other Alloy Steel to Peru in 2022:

  1. China (1420.1 tons)
  2. Turkey (1366.7 tons)
  3. South Korea (257.3 tons)
  4. Vietnam (240.8 tons)
  5. Czech Republic (124.4 tons)
  6. Taiwan (Chinese) (82.3 tons)

Exports of Wire of Other Alloy Steel in Peru

Wire of other alloy steel exports from Peru shrank sharply to 32 tons in 2022, which is down by -74.3% on 2021. Overall, exports recorded a precipitous setback. The most prominent rate of growth was recorded in 2021 when exports increased by 6.6%.

In value terms, wire of other alloy steel exports contracted dramatically to $79K in 2022. In general, exports recorded a precipitous contraction. The growth pace was the most rapid in 2021 when exports increased by 28% against the previous year.

Export of Wire of Other Alloy Steel in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChileN/A0.6N/A63.5928.8%
EcuadorN/AN/AN/A15.40%
Costa Rica582102163N/A-47.1%
Colombia37.512.80.6N/A-87.4%
Others10.117.37.0N/A-16.7%
Total63013317078.9-50.0%

Top Export Markets for Wire of Other Alloy Steel from Peru in 2022:

  1. Chile (22.2 tons)
  2. Ecuador (9.7 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Wire of other alloy steel - Peru