Report Update Feb 1, 2025

Chile - Hot-Rolled Wire Rod in Coil of Stainless Steel - Market Analysis, Forecast, Size, Trends and Insights

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Chile: Market for Hot-Rolled Wire Rod In Coil Of Stainless Steel 2025

Market Size for Hot-Rolled Wire Rod In Coil Of Stainless Steel in Chile

For the third year in a row, the Chilean market for hot-rolled wire rod in coil of stainless steel recorded growth in sales value, which increased by 193% to $X in 2022. Over the period under review, consumption posted a strong increase. Hot-rolled wire stainless steel rod consumption peaked in 2022 and is expected to retain growth in the immediate term.

Exports of Hot-Rolled Wire Rod In Coil Of Stainless Steel

Exports from Chile

Hot-rolled wire stainless steel rod exports from Chile shrank dramatically to X kg in 2022, which is down by -99.3% compared with the previous year. Over the period under review, exports saw a dramatic downturn. The pace of growth appeared the most rapid in 2018 when exports increased by 918%. Over the period under review, the exports reached the maximum at X tons in 2021, and then contracted notably in the following year.

In value terms, hot-rolled wire stainless steel rod exports contracted dramatically to $X in 2022. Overall, exports continue to indicate a dramatic slump. The pace of growth was the most pronounced in 2018 with an increase of 2,626% against the previous year. The exports peaked at $X in 2021, and then shrank sharply in the following year.

Exports by Country

Bolivia (X kg) was the main destination for hot-rolled wire stainless steel rod exports from Chile, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Bolivia totaled -33.3%.

In value terms, Bolivia ($X) emerged as the key foreign market for hot-rolled wire rod in coil of stainless steel exports from Chile.

From 2012 to 2022, the average annual growth rate of value to Bolivia amounted to -18.6%.

Export Prices by Country

The average export price for hot-rolled wire rod in coil of stainless steel stood at $X per ton in 2022, picking up by 12% against the previous year. Overall, the export price recorded a buoyant expansion. The most prominent rate of growth was recorded in 2018 when the average export price increased by 168% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in years to come.

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

From 2012 to 2022, the rate of growth in terms of prices for Bolivia amounted to +22.1% per year.

Imports of Hot-Rolled Wire Rod In Coil Of Stainless Steel

Imports into Chile

In 2022, the amount of hot-rolled wire rod in coil of stainless steel imported into Chile soared to X tons, growing by 194% against the year before. Over the period under review, imports showed a buoyant expansion. The growth pace was the most rapid in 2015 when imports increased by 1,617%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, hot-rolled wire stainless steel rod imports surged to $X in 2022. In general, imports enjoyed a resilient increase. The most prominent rate of growth was recorded in 2015 when imports increased by 493% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Imports by Country

In 2022, India (X tons) was the main supplier of hot-rolled wire stainless steel rod to Chile, accounting for a 98% share of total imports. It was followed by the United States (X kg), with a 0.5% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from India totaled +23.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-9.8% per year) and the UK (-48.8% per year).

In value terms, India ($X) constituted the largest supplier of hot-rolled wire rod in coil of stainless steel to Chile, comprising 83% of total imports. The second position in the ranking was taken by the United States ($X), with a 1.1% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from India amounted to +16.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-17.1% per year) and the UK (-45.9% per year).

Import Prices by Country

In 2022, the average import price for hot-rolled wire rod in coil of stainless steel amounted to $X per ton, reducing by -21.9% against the previous year. Overall, the import price continues to indicate a deep reduction. The pace of growth was the most pronounced in 2014 when the average import price increased by 104% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+5.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for hot-rolled wire rod in coil of stainless steel in the world?

Taiwan Chinese) constituted the country with the largest volume of hot-rolled wire stainless steel rod consumption, accounting for 21% of total volume. Moreover, hot-rolled wire stainless steel rod consumption in Taiwan Chinese) exceeded the figures recorded by the second-largest consumer, Germany, twofold. The third position in this ranking was occupied by Vietnam, with a 9% share.

What are the largest producers of hot-rolled wire rod in coil of stainless steel in the world?

The countries with the highest volumes of in 2021 were Taiwan Chinese), Japan and France, with a combined 54% share of global production. China, Spain, India and Sweden lagged somewhat behind, together comprising a further 38%.

What are the leading suppliers of hot-rolled wire rod in coil of stainless steel to Chile?

In value terms, India constituted the largest supplier of hot-rolled wire stainless steel rod to Chile.

What is the average export price for hot-rolled wire rod in coil of stainless steel in Chile?

In 2018, the average export price for hot-rolled wire rod in coil of stainless steel amounted to $10,567 per ton, jumping by 59% against the previous year.

What is the average import price for hot-rolled wire rod in coil of stainless steel in Chile?

The average import price for hot-rolled wire rod in coil of stainless steel stood at $629 per ton in 2021, waning by -67.1% against the previous year.

This report provides an in-depth analysis of the market for hot-rolled wire stainless steel rod in Chile. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 24106300 - Hot-rolled wire rod in coil, of stainless steel

Country coverage:

Chile

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Chile
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
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Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024