Price for Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Chile - 2022
Contents:
- Price for Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Chile (CIF) - 2022
- Imports of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Chile
Price for Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Chile (CIF) - 2022
The average import price for iron or non-alloy steel; ingots (excluding iron of heading no. 7203)s stood at $1,713 per ton in 2022, approximately equating the previous year. In general, the import price saw a pronounced downturn. The pace of growth was the most pronounced in 2021 an increase of 53%. Over the period under review, average import prices hit record highs at $2,810 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Italy.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +13.7% per year.
Imports of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Chile
After two years of growth, supplies from abroad of iron or non-alloy steel; ingots (excluding iron of heading no. 7203)s decreased by -45.1% to 7.7 tons in 2022. In general, imports showed a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 20%. As a result, imports attained the peak of 14 tons, and then reduced rapidly in the following year.
In value terms, imports of iron or non-alloy steel; ingots (excluding iron of heading no. 7203)s reduced remarkably to $13K in 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 83%. As a result, imports attained the peak of $24K, and then reduced remarkably in the following year.
| Import of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Chile (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Italy | N/A | N/A | 13.3 | 0% | |
| Spain | 4.9 | 8.6 | N/A | 75.5% | |
| Argentina | 8.0 | 9.0 | N/A | 12.5% | |
| Sweden | N/A | 3.3 | N/A | 0% | |
| Others | 0.3 | 3.3 | N/A | 1000.0% | |
| Total | 13.3 | 24.3 | 13.3 | 0.0% | |
Top Suppliers of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) to Chile in 2022:
- Italy (7.7 tons)
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