Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Uruguay - 2022

Contents:

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

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

In 2022, the average import price for iron or steel; non-threaded cotters and cotter-pinses amounted to $17,535 per ton, shrinking by -8.2% against the previous year. Over the period under review, the import price, however, saw a notable increase. The most prominent rate of growth was recorded in 2014 when the average import price increased by 31% against the previous year. Over the period under review, average import prices attained the peak figure at $19,102 per ton in 2021, and then shrank in the following year.

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 Germany ($43,276 per ton), while the price for India ($4,806 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+45.8%), 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 Uruguay (FOB) - 2022

The average export price for iron or steel; non-threaded cotters and cotter-pinses stood at $63,470 per ton in 2022, rising by 399% against the previous year. Over the period under review, the export price continues to indicate a strong expansion. As a result, the export price reached the peak level 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 Germany ($70,068 per ton), while the average price for exports to Paraguay ($14,400 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 Colombia (+10.8%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, imports of iron or steel; non-threaded cotters and cotter-pinses into Uruguay surged to 32 tons, jumping by 39% against 2021 figures. In general, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 41% against the previous year. Over the period under review, imports of attained 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 soared to $564K in 2022. Overall, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 68%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

Import of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States13595.51521616.0%
Germany25.914.728.960.933.0%
ColombiaN/AN/A11.154.6391.9%
China20.618.542.445.530.2%
Brazil12.412.418.433.839.7%
Canada18.19.219.831.920.8%
Italy13.011.019.331.934.9%
Argentina5.416.619.926.670.1%
Sweden36.316.554.923.9-13.0%
India7.914.311.317.630.6%
United Kingdom10.518.610.013.38.2%
Others29.436.453.462.928.9%
Total31426444256421.6%

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

  1. United States (5.7 tons)
  2. Colombia (5.7 tons)
  3. China (5.7 tons)
  4. India (3.7 tons)
  5. Italy (3.1 tons)
  6. Argentina (1.9 tons)
  7. Germany (1.4 tons)
  8. Brazil (1.0 tons)
  9. United Kingdom (0.8 tons)
  10. Canada (0.7 tons)
  11. Sweden (0.3 tons)

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

In 2022, the amount of iron or steel; non-threaded cotters and cotter-pinses exported from Uruguay dropped sharply to 83 kg, reducing by -37.1% against the year before. Overall, exports continue to indicate a sharp slump. The pace of growth appeared the most rapid in 2021 with an increase of 33%.

In value terms, exports of iron or steel; non-threaded cotters and cotter-pinses soared to $5.3K in 2022. Over the period under review, exports, however, showed resilient 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 Uruguay (USD)
COUNTRY2019202020212022CAGR,
2019-2022
GermanyN/AN/AN/A5,1150%
Argentina15124.02.081.0-18.7%
Paraguay43.011113.072.018.7%
Peru1,09247016.0N/A-87.9%
Slovenia35365.01,429N/A101.2%
North Macedonia1472.0N/AN/A-98.6%
Serbia1,012541N/AN/A-46.5%
ChileN/AN/A156N/A0%
Israel1,000N/AN/AN/A0%
Others23765.064.0N/A-48.0%
Total4,0351,2781,6805,2689.3%

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

  1. Germany (73.0 kg)
  2. Paraguay (5.0 kg)
  3. Argentina (5.0 kg)

Source: IndexBox Market Intelligence Platform

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