Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Uruguay - 2023

Contents:

  1. Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Uruguay (CIF) - 2022
  2. Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Uruguay

Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Uruguay (CIF) - 2022

The average import price for iron or non-alloy steel wire, plated or coated with non-zinc base metalses stood at $1,554 per ton in 2022, growing by 9.9% against the previous year. Over the period under review, the import price, however, recorded a mild downturn. The pace of growth appeared the most rapid in 2018 an increase of 67%. Over the period under review, average import prices hit record highs at $3,531 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($2,529 per ton), while the price for Italy ($643 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+4.6%), while the prices for the other major suppliers experienced a decline.

Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Uruguay

In 2022, after three years of growth, there was significant decline in supplies from abroad of iron or non-alloy steel wire, plated or coated with non-zinc base metalses, when their volume decreased by -36.5% to 17 tons. Overall, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 614%. As a result, imports reached the peak of 27 tons, and then declined markedly in the following year.

In value terms, imports of iron or non-alloy steel wire, plated or coated with non-zinc base metalses shrank significantly to $27K in 2022. In general, imports, however, showed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 381%. As a result, imports reached the peak of $39K, and then fell markedly in the following year.

Import of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.40.84.48.049.4%
SlovakiaN/AN/A10.76.9-35.5%
Germany4.84.36.86.711.8%
Brazil1.40.42.22.216.3%
Italy1.40.71.31.52.3%
Czech Republic0.10.10.20.458.7%
United States1.61.22.80.3-42.8%
IndiaN/AN/A8.5N/A0%
Others0.40.61.91.140.1%
Total12.18.138.827.130.8%

Top Suppliers of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals to Uruguay in 2022:

  1. China (8.0 tons)
  2. Germany (5.2 tons)
  3. Italy (2.3 tons)
  4. Brazil (0.9 tons)
  5. Czech Republic (0.5 tons)
  6. United States (0.2 tons)
  7. Slovakia (0.2 tons)

Source: IndexBox Market Intelligence Platform

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