Price for Steel, Alloy; Ingots and Other Primary Forms in Peru - 2022
Contents:
- Price for Steel, Alloy; Ingots and Other Primary Forms in Peru (CIF) - 2022
- Imports of Steel, Alloy; Ingots and Other Primary Forms in Peru
Price for Steel, Alloy; Ingots and Other Primary Forms in Peru (CIF) - 2022
The average import price for steel, alloy; ingots and other primary formses stood at $3,345 per ton in 2022, picking up by 12% against the previous year. In general, the import price, however, saw a abrupt contraction. The pace of growth was the most pronounced in 2013 an increase of 36% against the previous year. The import price peaked at $10,292 per ton in 2014; however, from 2015 to 2022, 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 the United States ($7,462 per ton), while the price for China stood at $1,786 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+831.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Steel, Alloy; Ingots and Other Primary Forms in Peru
Imports of steel, alloy; ingots and other primary formses into Peru declined to 2.7 tons in 2022, dropping by -10% against the previous year. Over the period under review, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 882% against the previous year. As a result, imports reached the peak of 2.9 tons, and then declined in the following year.
In value terms, imports of steel, alloy; ingots and other primary formses amounted to $8.9K in 2022. Overall, imports, however, saw a strong expansion. The pace of growth appeared the most rapid in 2021 with an increase of 368% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Steel, Alloy; Ingots and Other Primary Forms in Peru (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2.5 | 1.6 | 3.5 | 5.0 | 26.0% |
| China | 0.8 | 0.2 | 4.9 | 3.5 | 63.6% |
| Others | 2.8 | 0.1 | 0.4 | 0.3 | -52.5% |
| Total | 6.1 | 1.9 | 8.8 | 8.9 | 13.4% |
Top Suppliers of Steel, Alloy; Ingots and Other Primary Forms to Peru in 2022:
- China (1975.0 kg)
- United States (673.0 kg)
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