Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Argentina - 2023

Contents:

  1. Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Argentina (CIF) - 2022
  2. Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Argentina (FOB) - 2022
  3. Imports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Argentina
  4. Exports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Argentina

Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Argentina (CIF) - 2022

In 2022, the average import price for iron or steel; non-threaded cotters and cotter-pinses amounted to $21,849 per ton, rising by 8.9% against the previous year. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of 27%. As a result, import price attained the peak level of $26,662 per ton. From 2014 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($35,401 per ton), while the price for Spain ($11,892 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Argentina (FOB) - 2022

In 2022, the average export price for iron or steel; non-threaded cotters and cotter-pinses amounted to $18,577 per ton, falling by -6.1% against the previous year. In general, the export price saw a mild descent. The pace of growth was the most pronounced in 2014 when the average export price increased by 68% against the previous year. As a result, the export price reached the peak level of $46,031 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Brazil ($32,085 per ton), while the average price for exports to Paraguay ($8,468 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 Brazil (+0.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Argentina

In 2022, the amount of iron or steel; non-threaded cotters and cotter-pinses imported into Argentina soared to 370 tons, jumping by 16% on the previous year. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +7.1% 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 +58.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 36%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of iron or steel; non-threaded cotters and cotter-pinses surged to $8.1M in 2022. In general, total imports indicated a measured increase from 2019 to 2022: its value increased at an average annual rate of +2.4% 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 +50.2% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2,4461,5771,7892,040-5.9%
China8768058611,63123.0%
Brazil6274347181,13922.0%
Germany1,089624842849-8.0%
Italy20223728433218.0%
France2683132583155.5%
Japan546209240253-22.6%
Thailand1671632381802.5%
Canada10295.313814913.5%
India71.744.584.910112.1%
Spain79.452.876.180.40.4%
Others1,0558368501,026-0.9%
Total7,5285,3906,3818,0942.4%

Top Suppliers of Iron or Steel; Non-Threaded Cotters and Cotter-Pins to Argentina in 2022:

  1. China (117.9 tons)
  2. United States (61.2 tons)
  3. Brazil (56.7 tons)
  4. Germany (31.9 tons)
  5. Thailand (15.1 tons)
  6. France (14.3 tons)
  7. Italy (13.4 tons)
  8. Canada (7.7 tons)
  9. Japan (7.1 tons)
  10. India (6.9 tons)
  11. Spain (6.8 tons)

Exports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Argentina

In 2022, exports of iron or steel; non-threaded cotters and cotter-pinses from Argentina skyrocketed to 12 tons, rising by 166% on 2021. Overall, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of iron or steel; non-threaded cotters and cotter-pinses soared to $214K in 2022. In general, exports posted prominent growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States50.398.243.479.816.6%
Chile8.015.75.446.279.4%
Bolivia9.89.66.031.547.6%
Uruguay4.823.013.627.077.8%
Brazil13.941.515.417.88.6%
Paraguay1.814.11.93.929.4%
Germany3.91.5N/A0.1-70.5%
Others32.610.00.17.9-37.7%
Total12521485.821419.6%

Top Export Markets for Iron or Steel; Non-Threaded Cotters and Cotter-Pins from Argentina in 2022:

  1. United States (3.4 tons)
  2. Uruguay (2.5 tons)
  3. Bolivia (2.5 tons)
  4. Chile (1.9 tons)
  5. Brazil (0.6 tons)
  6. Paraguay (0.5 tons)

Source: IndexBox Market Intelligence Platform

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