Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in Bolivia - 2023

Contents:

  1. Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in Bolivia (CIF) - 2022
  2. Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in Bolivia (FOB) - 2022
  3. Imports of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Bolivia
  4. Exports of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Bolivia

Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in Bolivia (CIF) - 2022

The average import price for stainless steel bars and rods, angles, shapes and sectionses stood at $2,859 per ton in 2022, surging by 7.2% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average import price increased by 50%. As a result, import price attained the peak level of $4,035 per ton. From 2015 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Hong Kong SAR ($6,452 per ton), while the price for China ($1,782 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+10.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in Bolivia (FOB) - 2022

The average export price for stainless steel bars and rods, angles, shapes and sectionses stood at $2,186 per ton in 2020, which is down by -98.2% against the previous year. In general, the export price saw a sharp decrease. The pace of growth appeared the most rapid in 2019 when the average export price increased by 1,602% against the previous year. As a result, the export price reached the peak level of $119,529 per ton, and then declined notably in the following year.

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

From 2015 to 2020, the rate of growth in terms of prices for Chile amounted to -98.2% per year.

Imports of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Bolivia

In 2022, the amount of stainless steel bars and rods, angles, shapes and sectionses imported into Bolivia rose to 238 tons, increasing by 4.5% against 2021. The total import volume increased at an average annual rate of +2.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 33%. As a result, imports reached the peak of 298 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of stainless steel bars and rods, angles, shapes and sectionses reached $680K in 2022. The total import value increased at an average annual rate of +1.6% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period.

Import of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Bolivia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India21626217028810.1%
China214212174151-11.0%
Taiwan (Chinese)55.010110799.021.6%
Peru12.35.86.944.153.1%
Hong Kong SAR0.40.30.241.3369.1%
Spain32.025.248.12.3-58.4%
South Korea19.410.56.52.3-50.9%
Chile34.529.04.7N/A-63.1%
Others65.940.689.952.3-7.4%
Total6496876076801.6%

Top Suppliers of Stainless Steel Bars and Rods, Angles, Shapes and Sections to Bolivia in 2022:

  1. India (111.1 tons)
  2. China (84.6 tons)
  3. Taiwan (Chinese) (16.6 tons)
  4. Peru (15.3 tons)
  5. Hong Kong SAR (6.4 tons)
  6. South Korea (0.9 tons)
  7. Spain (0.4 tons)

Exports of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Bolivia

In 2020, the amount of stainless steel bars and rods, angles, shapes and sectionses exported from Bolivia skyrocketed to 344 kg, with an increase of 1,924% against 2019 figures. Overall, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of stainless steel bars and rods, angles, shapes and sectionses dropped rapidly to $752 in 2020. Over the period under review, exports, however, faced a dramatic contraction.

Export of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Bolivia (Thousand USD)
COUNTRY20192020CAGR,
2019-2020
Chile2.00.8-60.0%
OthersN/AN/A0%
Total2.00.8-60.0%

Top Export Markets for Stainless Steel Bars and Rods, Angles, Shapes and Sections from Bolivia in 2022:

  1. Chile (344.0 kg)

Source: IndexBox Market Intelligence Platform

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