Peru: Market for Stainless Steel Seamless Pipe For Oil And Gas 2024

Market Size for Stainless Steel Seamless Pipe For Oil And Gas in Peru

The Peruvian stainless steel seamless pipe market surged to $X in 2022, increasing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption posted a buoyant expansion. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Exports of Stainless Steel Seamless Pipe For Oil And Gas

Exports from Peru

Stainless steel seamless pipe exports from Peru dropped to X tons in 2022, with a decrease of X% against the previous year. Over the period under review, exports, however, posted prominent growth. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2018 to 2022, the growth of the exports remained at a lower figure.

In value terms, stainless steel seamless pipe exports shrank remarkably to $X in 2022. Overall, exports, however, saw a remarkable increase. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Bolivia (X tons) was the main destination for stainless steel seamless pipe exports from Peru, with a X% share of total exports. Moreover, stainless steel seamless pipe exports to Bolivia exceeded the volume sent to the second major destination, Chile (X tons), sixfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Bolivia stood at X%.

In value terms, Bolivia ($X) emerged as the key foreign market for stainless steel seamless pipe for oil and gas exports from Peru, comprising X% of total exports. The second position in the ranking was held by Chile ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Bolivia totaled X%.

Export Prices by Country

In 2022, the average stainless steel seamless pipe export price amounted to $X per ton, waning by X% against the previous year. In general, the export price showed a pronounced decline. The pace of growth was the most pronounced in 2014 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Chile ($X per ton), while the average price for exports to Bolivia stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Free Zones (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Stainless Steel Seamless Pipe For Oil And Gas

Imports into Peru

In 2022, approx. X tons of stainless steel seamless pipe for oil and gas were imported into Peru; rising by X% on the previous year's figure. Over the period under review, imports enjoyed a remarkable increase. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2018 to 2022, the growth of imports remained at a lower figure.

In value terms, stainless steel seamless pipe imports skyrocketed to $X in 2022. In general, imports enjoyed prominent growth. The most prominent rate of growth was recorded in 2017 when imports increased by X%. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, the United States (X tons) constituted the largest stainless steel seamless pipe supplier to Peru, accounting for a X% share of total imports. Moreover, stainless steel seamless pipe imports from the United States exceeded the figures recorded by the second-largest supplier, China (X tons), fourfold. Italy (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from the United States amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Italy (X% per year).

In value terms, the United States ($X) constituted the largest supplier of stainless steel seamless pipe for oil and gas to Peru, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports. It was followed by Spain, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Spain (X% per year).

Import Prices by Country

The average stainless steel seamless pipe import price stood at $X per ton in 2022, with an increase of X% against the previous year. Overall, the import price showed a buoyant expansion. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2019 to 2022, the average import prices remained at a lower figure.

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 Spain ($X per ton), while the price for Taiwan (Chinese) ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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