Price for Iron or Steel; Cast Articles in Uruguay - 2022

Contents:

1. Price for Iron or Steel; Cast Articles in Uruguay (CIF) - 2022
2. Price for Iron or Steel; Cast Articles in Uruguay (FOB) - 2022
3. Imports of Iron or Steel; Cast Articles in Uruguay
4. Exports of Iron or Steel; Cast Articles in Uruguay

Price for Iron or Steel; Cast Articles in Uruguay (CIF) - 2022

In 2022, the average import price for iron or steel; cast articleses amounted to $3,866 per ton, jumping by 21% against the previous year. Over the period under review, import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, iron or steel; cast articles import price increased by +67.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 38% against the previous year. The import price peaked in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($6,786 per ton), while the price for Italy ($1,858 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Iron or Steel; Cast Articles in Uruguay (FOB) - 2022

In 2022, the average export price for iron or steel; cast articleses amounted to $17,724 per ton, surging by 8% against the previous year. Over the period under review, the export price recorded a modest increase. The most prominent rate of growth was recorded in 2019 when the average export price increased by 82%. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in years to come.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Argentina ($38,860 per ton), while the average price for exports to Chile ($17,326 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 Spain (+13.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron or Steel; Cast Articles in Uruguay

In 2022, approx. 405 tons of iron or steel; cast articleses were imported into Uruguay; rising by 26% against the year before. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +9.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -23.7% against 2020 indices. The growth pace was the most rapid in 2020 when imports increased by 74% against the previous year. As a result, imports reached the peak of 531 tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, iron or steel; cast articles imports skyrocketed to $1.6M in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +19.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.7% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Iron or Steel; Cast Articles to Uruguay in 2022:

1. Spain (130.9 tons)
2. China (95.7 tons)
3. United States (61.7 tons)
4. Brazil (59.4 tons)
5. Italy (50.1 tons)
6. Argentina (7.2 tons)
7. India (0.6 tons)

Exports of Iron or Steel; Cast Articles in Uruguay

In 2022, approx. 2.2 tons of iron or steel; cast articleses were exported from Uruguay; increasing by 65% on the year before. In general, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, iron or steel; cast articles exports soared to $40K in 2022. Over the period under review, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Iron or Steel; Cast Articles from Uruguay in 2022:

1. Chile (106.0 kg)
2. Peru (57.0 kg)
3. Argentina (12.0 kg)

Source: IndexBox Market Intelligence Platform