Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Argentina - 2023
Contents:
- Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Argentina (CIF) - 2023
- Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Argentina (FOB) - 2022
- Imports of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Argentina
- Exports of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Argentina
Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Argentina (CIF) - 2023
The average import price for iron or non-alloy steel wire, not plated or coateds stood at $1,357 per ton in June 2023, with an increase of 4.6% against the previous month. Overall, the import price, however, showed a pronounced setback. Over the period under review, average import prices hit record highs at $1,592 per ton in December 2022; however, from January 2023 to June 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was France ($2,500 per ton), while the price for Spain ($1,125 per ton) was amongst the lowest.
From December 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Brazil (+1.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Argentina (FOB) - 2022
In 2022, the average export price for iron or non-alloy steel wire, not plated or coateds amounted to $1,268 per ton, almost unchanged from the previous year. In general, the export price enjoyed a modest expansion. The pace of growth appeared the most rapid in 2014 when the average export price increased by 208% against the previous year. As a result, the export price attained the peak level of $3,641 per ton. From 2015 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Uruguay ($1,794 per ton), while the average price for exports to Chile amounted to $1,164 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+5.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Argentina
In 2022, purchases abroad of iron or non-alloy steel wire, not plated or coateds decreased by -37.2% to 11K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, showed significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 120% against the previous year. As a result, imports attained the peak of 18K tons, and then contracted rapidly in the following year.
In value terms, imports of iron or non-alloy steel wire, not plated or coateds shrank sharply to $16M in 2022. Overall, imports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 187% against the previous year. As a result, imports reached the peak of $22M, and then declined remarkably in the following year.
| Import of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Argentina (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 2.1 | 4.7 | 5.2 | 5.7 | 39.5% |
| China | 0.6 | 0.7 | 5.4 | 3.6 | 81.7% |
| Spain | 0.4 | 1.2 | 5.4 | 2.6 | 86.6% |
| Turkey | N/A | 0.1 | 1.4 | 1.7 | 312.3% |
| Portugal | N/A | N/A | 1.4 | 1.0 | -28.6% |
| Thailand | 0.3 | 0.2 | 0.6 | 0.5 | 18.6% |
| Chile | 0.2 | 0.2 | 0.6 | 0.3 | 14.5% |
| Others | 0.4 | 0.3 | 1.6 | 1.1 | 40.1% |
| Total | 4.1 | 7.5 | 21.5 | 16.5 | 59.1% |
Top Suppliers of Iron or Non-Alloy Steel Wire, Not Plated or Coated to Argentina in 2022:
- Brazil (4.2K tons)
- China (2.3K tons)
- Spain (1.8K tons)
- Turkey (1.3K tons)
- Portugal (0.6K tons)
- Thailand (0.4K tons)
- Chile (0.2K tons)
Exports of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Argentina
In 2022, overseas shipments of iron or non-alloy steel wire, not plated or coateds decreased by 0% to 197 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports posted a resilient expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 112%. As a result, the exports attained the peak of 349 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of iron or non-alloy steel wire, not plated or coateds stood at $249K in 2022. In general, exports posted a strong expansion. The pace of growth was the most pronounced in 2020 when exports increased by 77% against the previous year. As a result, the exports attained the peak of $274K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 0.3 | N/A | N/A | 191 | 760.3% |
| Uruguay | 102 | 274 | N/A | 58.5 | -16.9% |
| Bolivia | 52.4 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 155 | 274 | N/A | 249 | 17.1% |
Top Export Markets for Iron or Non-Alloy Steel Wire, Not Plated or Coated from Argentina in 2022:
- Chile (163.9 tons)
- Uruguay (32.6 tons)
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This report provides an in-depth analysis of the market for iron and steel wire in Argentina.
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This report provides an in-depth analysis of the market for iron and steel wire in Argentina.
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This report provides an in-depth analysis of the global market for iron and steel wire.
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