Report Update Apr 1, 2024

Chile - Wire Rod of Free-Cutting Steel - Market Analysis, Forecast, Size, Trends and Insights

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Chile: Market for Wire Rod Of Free-Cutting Steel 2024

Market Size for Wire Rod Of Free-Cutting Steel in Chile

The Chilean free-cutting steel wire rod market declined rapidly to $X in 2022, waning by X% against the previous year. Over the period under review, consumption, however, recorded a abrupt contraction. Free-cutting steel wire rod consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Wire Rod Of Free-Cutting Steel in Chile

In value terms, free-cutting steel wire rod production declined slightly to $X in 2022 estimated in export price. Over the period under review, production, however, saw a perceptible decrease. The pace of growth appeared the most rapid in 2018 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Wire Rod Of Free-Cutting Steel

Exports from Chile

For the fourth consecutive year, Chile recorded growth in shipments abroad of wire rod of free-cutting steel, which increased by X% to X tons in 2022. Overall, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, free-cutting steel wire rod exports skyrocketed to $X in 2022. Over the period under review, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Bolivia (X tons) was the main destination for free-cutting steel wire rod exports from Chile, with a approx. X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Bolivia amounted to X%.

In value terms, Bolivia ($X) also remains the key foreign market for wire rod of free-cutting steel exports from Chile.

From 2012 to 2022, the average annual rate of growth in terms of value to Bolivia amounted to X%.

Export Prices by Country

The average free-cutting steel wire rod export price stood at $X per ton in 2022, declining by X% against the previous year. Over the period under review, the export price faced a abrupt setback. The pace of growth appeared the most rapid in 2018 an increase of X%. The export price peaked at $X per ton in 2012; however, from 2013 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 Bolivia.

From 2012 to 2022, the rate of growth in terms of prices for Bolivia amounted to X% per year.

Imports of Wire Rod Of Free-Cutting Steel

Imports into Chile

In 2022, approx. X tons of wire rod of free-cutting steel were imported into Chile; dropping by X% compared with the year before. In general, imports, however, saw a significant expansion. The growth pace was the most rapid in 2021 with an increase of X%. As a result, imports attained the peak of X tons, and then shrank notably in the following year.

In value terms, free-cutting steel wire rod imports reduced rapidly to $X in 2022. Over the period under review, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports reached the peak of $X, and then contracted sharply in the following year.

Imports by Country

In 2022, China (X tons) was the main free-cutting steel wire rod supplier to Chile, with a approx. X% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China amounted to X%.

In value terms, China ($X) constituted the largest supplier of wire rod of free-cutting steel to Chile.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at X%.

Import Prices by Country

In 2022, the average free-cutting steel wire rod import price amounted to $X per ton, surging by X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for China amounted to X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for wire rod of free-cutting steel in the world?

The countries with the highest volumes of consumption in 2023 were Spain, the UK and Italy, with a combined 45% share of global consumption. Ukraine, the Dominican Republic, Turkey, Japan, France, the United States, Canada, Russia, Germany and Taiwan Chinese) lagged somewhat behind, together comprising a further 30%.

What are the largest producers of wire rod of free-cutting steel in the world?

The countries with the highest volumes of production in 2022 were Spain, the UK and France, together accounting for 52% of global production. Switzerland, Japan, Ukraine, Germany, Russia, Trinidad and Tobago, the Netherlands, Luxembourg and Algeria lagged somewhat behind, together comprising a further 36%.

What are the leading suppliers of wire rod of free-cutting steel to Chile?

In value terms, China constituted the largest supplier of wire rod of free-cutting steel to Chile.

What are the leading importers of wire rod of free-cutting steel from Chile?

In value terms, Bolivia remains the key foreign market for wire rod of free-cutting steel exports from Chile.

What is the average export price for wire rod of free-cutting steel in Chile?

In 2022, the average free-cutting steel wire rod export price amounted to $565 per ton, which is down by -15% against the previous year.

What is the average import price for wire rod of free-cutting steel in Chile?

The average free-cutting steel wire rod import price stood at $6,022 per ton in 2022, picking up by 364% against the previous year.

This report provides an in-depth analysis of the market for free-cutting steel wire rod in Chile. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 24106120 - Wire rod of free-cutting steel

Country coverage:

Chile

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Chile
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023