Price for Iron or Non-Alloy Steel; Tubes and Pipes, Welded, of Circular Cross-Section in Argentina - 2023

Contents:

  1. Price for Iron or Non-Alloy Steel; Tubes and Pipes, Welded, of Circular Cross-Section in Argentina (CIF) - 2022
  2. Price for Iron or Non-Alloy Steel; Tubes and Pipes, Welded, of Circular Cross-Section in Argentina (FOB) - 2022
  3. Imports of Iron or Non-Alloy Steel; Tubes and Pipes, Welded, of Circular Cross-Section in Argentina
  4. Exports of Iron or Non-Alloy Steel; Tubes and Pipes, Welded, of Circular Cross-Section in Argentina

Price for Iron or Non-Alloy Steel; Tubes and Pipes, Welded, of Circular Cross-Section in Argentina (CIF) - 2022

In 2022, the average import price for iron or non-alloy steel; tubes and pipes, welded, of circular cross-sectia amounted to $3,003 per ton, increasing by 35% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.1%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 the United States ($9,473 per ton), while the price for China ($2,274 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 (+10.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Iron or Non-Alloy Steel; Tubes and Pipes, Welded, of Circular Cross-Section in Argentina (FOB) - 2022

In 2022, the average export price for iron or non-alloy steel; tubes and pipes, welded, of circular cross-sectia amounted to $2,585 per ton, jumping by 31% against the previous year. Overall, the export price continues to indicate buoyant growth. The pace of growth appeared the most rapid in 2021 an increase of 75%. The export price peaked in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Peru ($9,793 per ton), while the average price for exports to Uruguay ($1,527 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 Paraguay (+9.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron or Non-Alloy Steel; Tubes and Pipes, Welded, of Circular Cross-Section in Argentina

In 2022, imports of iron or non-alloy steel; tubes and pipes, welded, of circular cross-sectia into Argentina contracted slightly to 6.1K tons, dropping by -1.6% on 2021 figures. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +12.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.6% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 58% against the previous year. As a result, imports reached the peak of 6.1K tons, and then declined in the following year.

In value terms, imports of iron or non-alloy steel; tubes and pipes, welded, of circular cross-sectia soared to $18M in 2022. In general, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 80%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Import of Iron or Non-Alloy Steel; Tubes and Pipes, Welded, of Circular Cross-Section in Argentina (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil3.33.26.76.927.9%
China1.51.02.62.620.1%
Canada0.20.60.92.3125.7%
Italy0.90.70.71.518.6%
Germany0.90.50.51.415.9%
Japan0.50.30.60.711.9%
MexicoN/AN/A0.40.525.0%
Switzerland0.70.20.60.3-24.6%
Others0.81.20.92.035.7%
Total8.67.613.718.228.4%

Top Suppliers of Iron or Non-Alloy Steel; Tubes and Pipes, Welded, of Circular Cross-Section to Argentina in 2022:

  1. Brazil (2481.4 tons)
  2. China (1121.7 tons)
  3. Italy (532.8 tons)
  4. Canada (484.9 tons)
  5. Germany (480.4 tons)
  6. Japan (270.2 tons)
  7. Mexico (142.3 tons)
  8. Switzerland (79.3 tons)

Exports of Iron or Non-Alloy Steel; Tubes and Pipes, Welded, of Circular Cross-Section in Argentina

In 2022, the amount of iron or non-alloy steel; tubes and pipes, welded, of circular cross-sectia exported from Argentina skyrocketed to 755 tons, increasing by 84% on the year before. In general, exports saw a relatively flat trend pattern.

In value terms, exports of iron or non-alloy steel; tubes and pipes, welded, of circular cross-sectia surged to $2M in 2022. Overall, exports posted a resilient increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Iron or Non-Alloy Steel; Tubes and Pipes, Welded, of Circular Cross-Section in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil24420760895557.6%
Peru10.91.4N/A359220.5%
Bolivia458154N/A355-8.1%
Uruguay11719866.121322.1%
Paraguay117N/AN/A45.1-27.2%
Chile22051467.523.6-52.5%
OthersN/A0.565.1N/A12920.0%
Total1,1671,0758071,95118.7%

Top Export Markets for Iron or Non-Alloy Steel; Tubes and Pipes, Welded, of Circular Cross-Section from Argentina in 2022:

  1. Brazil (371.3 tons)
  2. Bolivia (174.7 tons)
  3. Uruguay (139.7 tons)
  4. Peru (36.6 tons)
  5. Paraguay (17.6 tons)
  6. Chile (14.9 tons)

Source: IndexBox Market Intelligence Platform

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