Price for Iron or Steel; Cast Articles in Peru - 2021
Contents:
- Price for Iron or Steel; Cast Articles in Peru (CIF) - 2021
- Price for Iron or Steel; Cast Articles in Peru (FOB) - 2022
- Imports of Iron or Steel; Cast Articles in Peru
- Exports of Iron or Steel; Cast Articles in Peru
Price for Iron or Steel; Cast Articles in Peru (CIF) - 2021
In April 2020, the average import price for iron or steel; cast articleses amounted to $956 per ton, with a decrease of -30.5% against the previous month. Overall, the import price showed a noticeable descent. The pace of growth was the most pronounced in March 2020 an increase of 40% m-o-m. As a result, import price attained the peak level of $1,376 per ton, and then fell notably in the following month.
As there is only one major supplying country, the average price level is determined by prices for China.
From January 2020 to April 2020, the rate of growth in terms of prices for China amounted to -1.7% per month.
Price for Iron or Steel; Cast Articles in Peru (FOB) - 2022
The average export price for iron or steel; cast articleses stood at $2,980 per ton in 2022, waning by -3.9% against the previous year. In general, the export price, however, posted noticeable growth. The growth pace was the most rapid in 2018 an increase of 113% against the previous year. The export price peaked at $3,337 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($7,647 per ton), while the average price for exports to Chile ($1,985 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Chile (-1.0%), while the prices for the other major destinations experienced a decline.
Imports of Iron or Steel; Cast Articles in Peru
In 2022, after two years of decline, there was significant growth in supplies from abroad of iron or steel; cast articleses, when their volume increased by 7.6% to 18K tons. Over the period under review, imports, however, showed a abrupt descent.
In value terms, iron or steel; cast articles imports rose to $19M in 2022. Overall, imports, however, showed a abrupt descent.
| Import of Iron or Steel; Cast Articles in Peru (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 19.8 | 17.1 | 9.9 | 14.4 | -10.1% |
| Others | 3.4 | 2.5 | 9.1 | 4.9 | 13.0% |
| Total | 23.2 | 19.6 | 19.0 | 19.3 | -6.0% |
Top Suppliers of Iron or Steel; Cast Articles to Peru in 2022:
- China (12.6K tons)
Exports of Iron or Steel; Cast Articles in Peru
After two years of decline, shipments abroad of iron or steel; cast articleses increased by 1.6% to 117 tons in 2022. Overall, exports, however, recorded a sharp curtailment.
In value terms, iron or steel; cast articles exports contracted slightly to $350K in 2022. In general, exports, however, recorded a sharp reduction. The pace of growth appeared the most rapid in 2021 when exports increased by 4.9%.
| Export of Iron or Steel; Cast Articles in Peru (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 1,038 | 35.4 | 90.1 | 152 | -47.3% |
| United States | 1,853 | 86.9 | 15.3 | 23.5 | -76.7% |
| Belgium | 958 | 55.9 | 12.2 | 23.5 | -70.9% |
| Argentina | 338 | 19.4 | 4.2 | 7.9 | -71.4% |
| Kazakhstan | 535 | 22.4 | 3.0 | 6.4 | -77.1% |
| Ecuador | 191 | 12.3 | 1.7 | 3.2 | -74.4% |
| Bolivia | 339 | 46.6 | 1.3 | 0.8 | -86.7% |
| Others | 1,013 | 62.2 | 230 | 133 | -49.2% |
| Total | 6,265 | 341 | 358 | 350 | -61.8% |
Top Export Markets for Iron or Steel; Cast Articles from Peru in 2022:
- Chile (76.3 tons)
- Belgium (3.4 tons)
- United States (3.1 tons)
- Ecuador (0.9 tons)
- Kazakhstan (0.5 tons)
- Argentina (0.4 tons)
- Bolivia (0.3 tons)
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