Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Bolivia - 2023

Contents:

  1. Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Bolivia (CIF) - 2022
  2. Imports of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Bolivia

Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Bolivia (CIF) - 2022

In 2022, the average import price for iron or non-alloy steel wire, not plated or coateds amounted to $1,512 per ton, picking up by 47% against the previous year. In general, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for iron or non-alloy steel wire, not plated or coateds increased by +80.7% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Brazil ($1,550 per ton) and China ($1,550 per ton), while the price for Colombia ($1,057 per ton) and Spain ($1,331 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Bolivia

In 2022, imports of iron or non-alloy steel wire, not plated or coateds into Bolivia dropped to 5.8K tons, declining by -13.9% against the previous year's figure. Overall, imports recorded a drastic downturn. The growth pace was the most rapid in 2021 when imports increased by 40% against the previous year.

In value terms, imports of iron or non-alloy steel wire, not plated or coateds soared to $8.8M in 2022. Over the period under review, imports, however, continue to indicate buoyant growth. The pace of growth was the most pronounced in 2021 with an increase of 72%. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Bolivia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Peru1.71.73.14.639.3%
Brazil3.21.02.42.0-14.5%
China1.00.70.71.39.1%
Spain0.10.20.40.458.7%
Portugal0.10.1N/A0.344.2%
Colombia0.20.10.10.1-20.6%
Others0.20.10.10.20.0%
Total6.64.06.98.810.1%

Top Suppliers of Iron or Non-Alloy Steel Wire, Not Plated or Coated to Bolivia in 2022:

  1. Peru (2960.0 tons)
  2. Brazil (1304.8 tons)
  3. China (814.8 tons)
  4. Spain (282.8 tons)
  5. Portugal (176.6 tons)
  6. Colombia (57.1 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Iron or non-alloy steel; wire, (not plated or coated), whether or not polished - Bolivia