Report Update Nov 1, 2024

Peru - Ribbed or Other Deformed Wire Rod of Non-Alloy Steel - Market Analysis, Forecast, Size, Trends and Insights

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Peru: Market for Ribbed Or Other Deformed Wire Rod Of Non-Alloy Steel 2024

Market Size for Ribbed Or Other Deformed Wire Rod Of Non-Alloy Steel in Peru

In 2021, after two years of decline, there was significant growth in the Peruvian market for ribbed or other deformed wire rod of non-alloy steel, when its value increased by 148% to $X. Over the period under review, consumption saw a buoyant expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Exports of Ribbed Or Other Deformed Wire Rod Of Non-Alloy Steel

Exports from Peru

In 2021, shipments abroad of ribbed or other deformed wire rod of non-alloy steel was finally on the rise to reach X tons for the first time since 2016, thus ending a four-year declining trend. Over the period under review, exports, however, continue to indicate a abrupt contraction. The pace of growth was the most pronounced in 2016 when exports increased by 221% against the previous year. As a result, the exports attained the peak of X tons. From 2017 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, deformed non-alloy steel wire rod exports surged to $X in 2021. In general, exports, however, saw a relatively flat trend pattern. Over the period under review, the exports reached the peak figure at $X in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

Exports by Country

Panama (X tons) was the main destination for deformed non-alloy steel wire rod exports from Peru, with a 67% share of total exports. Moreover, deformed non-alloy steel wire rod exports to Panama exceeded the volume sent to the second major destination, Chile (X tons), threefold. Bolivia (X tons) ranked third in terms of total exports with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Panama totaled -2.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Chile (+20.7% per year) and Bolivia (-2.3% per year).

In value terms, Panama ($X) remains the key foreign market for ribbed or other deformed wire rod of non-alloy steel exports from Peru, comprising 64% of total exports. The second position in the ranking was taken by Chile ($X), with a 21% share of total exports. It was followed by Bolivia, with a 15% share.

From 2012 to 2021, the average annual growth rate of value to Panama stood at +9.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Chile (+33.4% per year) and Bolivia (+14.7% per year).

Export Prices by Country

The average export price for ribbed or other deformed wire rod of non-alloy steel stood at $X per ton in 2021, jumping by 47% against the previous year. Overall, the export price posted a prominent increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major foreign markets. In 2021, amid the top suppliers, the countries with the highest prices were Canada ($X per ton) and Bolivia ($X per ton), while the average price for exports to Panama ($X per ton) and Chile ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Bolivia (+17.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Ribbed Or Other Deformed Wire Rod Of Non-Alloy Steel

Imports into Peru

In 2021, after two years of decline, there was significant growth in overseas purchases of ribbed or other deformed wire rod of non-alloy steel, when their volume increased by 91% to X tons. Overall, imports showed a buoyant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, deformed non-alloy steel wire rod imports surged to $X in 2021. In general, imports recorded prominent growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Turkey (X tons), Brazil (X tons) and China (X tons) were the main suppliers of deformed non-alloy steel wire rod imports to Peru, with a combined 91% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +75.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest deformed non-alloy steel wire rod suppliers to Peru were Turkey ($X), Brazil ($X) and China ($X), with a combined 88% share of total imports.

China, with a CAGR of +71.3%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average import price for ribbed or other deformed wire rod of non-alloy steel amounted to $X per ton, increasing by 43% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. 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 2021, amid the top importers, the highest price was recorded for prices from Mexico ($X per ton) and Turkey ($X per ton), while the price for China ($X per ton) and Brazil ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+1.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for ribbed or other deformed wire rod of non-alloy steel in the world?

China remains the largest deformed non-alloy steel wire rod consuming country worldwide, accounting for 22% of total volume. Moreover, deformed non-alloy steel wire rod consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The third position in this ranking was occupied by the United States, with a 7.1% share.

What are the largest producers of ribbed or other deformed wire rod of non-alloy steel in the world?

The country with the largest volume of deformed non-alloy steel wire rod production was China, accounting for 22% of total volume. Moreover, deformed non-alloy steel wire rod production in China exceeded the figures recorded by the second-largest producer, India, twofold. The United States ranked third in terms of total production with a 7.1% share.

What are the leading suppliers of ribbed or other deformed wire rod of non-alloy steel to Peru?

In value terms, Brazil constituted the largest supplier of deformed non-alloy steel wire rod to Peru, comprising 75% of total imports. The second position in the ranking was occupied by Turkey, with a 25% share of total imports.

What are the leading importers of ribbed or other deformed wire rod of non-alloy steel from Peru?

In value terms, Bolivia remains the key foreign market for deformed non-alloy steel wire rod exports from Peru.

What is the average export price for ribbed or other deformed wire rod of non-alloy steel in Peru?

The average export price for ribbed or other deformed wire rod of non-alloy steel stood at $616 per ton in 2020, shrinking by -4.5% against the previous year.

What is the average import price for ribbed or other deformed wire rod of non-alloy steel in Peru?

In 2020, the average import price for ribbed or other deformed wire rod of non-alloy steel amounted to $545 per ton, falling by -4.6% against the previous year.

This report provides an in-depth analysis of the market for deformed non-alloy steel wire rod in Peru. 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 24106110 - Ribbed or other deformed wire rod (of non-alloy steel)

Country coverage:

Peru

Data coverage:

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

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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
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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 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
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 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
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, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023