Price for Railway or Tramway Track Constructions of Iron or Steel in Brazil - 2024

Contents:

  1. Price for Railway or Tramway Track Constructions of Iron or Steel in Brazil (CIF) - 2022
  2. Price for Railway or Tramway Track Constructions of Iron or Steel in Brazil (FOB) - 2022
  3. Imports of Railway or Tramway Track Constructions of Iron or Steel in Brazil
  4. Exports of Railway or Tramway Track Constructions of Iron or Steel in Brazil

Price for Railway or Tramway Track Constructions of Iron or Steel in Brazil (CIF) - 2022

In 2022, the average import price for railway or tramway track constructions of iron or steel amounted to $1,362 per ton, surging by 43% against the previous year. In general, import price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for railway or tramway track constructions of iron or steel increased by +91.8% against 2017 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 Austria ($2,616 per ton), while the price for Russia ($856 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Railway or Tramway Track Constructions of Iron or Steel in Brazil (FOB) - 2022

In 2022, the average export price for railway or tramway track constructions of iron or steel amounted to $2,622 per ton, jumping by 36% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.0%. 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 Liberia ($3,782 per ton), while the average price for exports to the United States ($2,008 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 Liberia (+16.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Railway or Tramway Track Constructions of Iron or Steel in Brazil

After three years of growth, purchases abroad of railway or tramway track constructions of iron or steel decreased by -34.1% to 122K tons in 2022. Over the period under review, total imports indicated measured growth from 2019 to 2022: its volume increased at an average annual rate of +3.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 36%. As a result, imports attained the peak of 186K tons, and then contracted dramatically in the following year.

In value terms, imports of railway or tramway track constructions of iron or steel contracted to $167M in 2022. In general, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +20.1% 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 +73.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 50% against the previous year. As a result, imports reached the peak of $176M, and then shrank in the following year.

Import of Railway or Tramway Track Constructions of Iron or Steel in Brazil (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan55.569.967.499.721.6%
United States13.11.80.518.913.0%
China11.518.978.114.06.8%
Russia0.76.813.512.9164.1%
Spain3.27.99.011.050.9%
Austria8.93.13.34.1-22.8%
PolandN/A6.40.2N/A-96.9%
Others3.32.84.55.820.7%
Total96.211817616720.2%

Top Suppliers of Railway or Tramway Track Constructions of Iron or Steel to Brazil in 2022:

  1. Japan (72.9K tons)
  2. Russia (15.1K tons)
  3. United States (11.4K tons)
  4. China (10.3K tons)
  5. Spain (8.4K tons)
  6. Austria (1.6K tons)

Exports of Railway or Tramway Track Constructions of Iron or Steel in Brazil

In 2022, shipments abroad of railway or tramway track constructions of iron or steel decreased by -7.9% to 4.8K tons, falling for the second year in a row after two years of growth. The total export volume increased at an average annual rate of +9.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 46% against the previous year. As a result, the exports attained the peak of 5.3K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of railway or tramway track constructions of iron or steel surged to $13M in 2022. Overall, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +18.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +65.1% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Railway or Tramway Track Constructions of Iron or Steel in Brazil (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Chile4.24.16.75.16.7%
LiberiaN/AN/AN/A3.60%
United States0.81.42.32.240.1%
Mexico0.20.20.40.426.0%
Argentina0.71.00.40.4-17.0%
Bolivia0.20.1N/A0.314.5%
Colombia0.70.1N/A0.2-34.1%
Canada0.41.1N/AN/A175.0%
Others0.40.70.20.57.7%
Total7.68.910.112.618.4%

Top Export Markets for Railway or Tramway Track Constructions of Iron or Steel from Brazil in 2022:

  1. Chile (2153.1 tons)
  2. United States (1095.7 tons)
  3. Liberia (951.0 tons)
  4. Mexico (154.1 tons)
  5. Argentina (125.3 tons)
  6. Bolivia (118.9 tons)
  7. Colombia (82.3 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Railway or tramway track constructions of iron or steel - Brazil