Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Argentina - 2023

Contents:

1. Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Argentina (CIF) - 2022
2. Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Argentina (FOB) - 2022
3. Imports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Argentina
4. Exports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Argentina

Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Argentina (CIF) - 2022

The average import price for alloy steel flat-rolled products, of a width of less than 600mms stood at $2,928 per ton in 2022, picking up by 25% against the previous year. In general, import price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +2.5% 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 alloy steel flat-rolled products, of a width of less than 600mms increased by +33.5% against 2020 indices. The growth pace was the most rapid in 2018 when the average import price increased by 41% against the previous year. As a result, import price reached the peak level of $3,009 per ton. From 2019 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($8,345 per ton), while the price for Brazil ($1,956 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+8.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Argentina (FOB) - 2022

The average export price for alloy steel flat-rolled products, of a width of less than 600mms stood at $4,527 per ton in 2022, increasing by 75% against the previous year. In general, export price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for alloy steel flat-rolled products, of a width of less than 600mms increased by +116.6% against 2020 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Ecuador ($34,930 per ton), while the average price for exports to Bolivia ($3,195 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+10.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Argentina

Imports of alloy steel flat-rolled products, of a width of less than 600mms into Argentina declined sharply to 612 tons in 2022, falling by -41.1% against the year before. Overall, imports, however, showed noticeable growth. The pace of growth appeared the most rapid in 2021 when imports increased by 107%. As a result, imports attained the peak of 1K tons, and then dropped sharply in the following year.

In value terms, imports of alloy steel flat-rolled products, of a width of less than 600mms fell notably to $1.8M in 2022. Over the period under review, imports, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2021 when imports increased by 122%. As a result, imports reached the peak of $2.4M, and then reduced rapidly in the following year.

Top Suppliers of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm to Argentina in 2022:

1. Brazil (435.1 tons)
2. China (102.9 tons)
3. Germany (38.7 tons)
4. Austria (25.6 tons)
5. United States (7.3 tons)

Exports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Argentina

For the third consecutive year, Argentina recorded decline in overseas shipments of alloy steel flat-rolled products, of a width of less than 600mms, which decreased by -76.1% to 25 tons in 2022. Over the period under review, exports showed a dramatic downturn. The smallest decline of -31% was in 2020.

In value terms, exports of alloy steel flat-rolled products, of a width of less than 600mms dropped significantly to $115K in 2022. Overall, exports saw a sharp downturn. The smallest decline of -25.9% was in 2021.

Top Export Markets for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm from Argentina in 2022:

1. Bolivia (13.0 tons)
2. Chile (6.7 tons)
3. Uruguay (5.2 tons)
4. Ecuador (0.4 tons)

Source: IndexBox Market Intelligence Platform