Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in Paraguay - 2024

Contents:

  1. Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in Paraguay (CIF) - 2024
  2. Imports of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Paraguay

Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in Paraguay (CIF) - 2024

In January 2024, the average import price for stainless steel bars and rods, angles, shapes and sectionses amounted to $1,278 per ton, dropping by -30.2% against the previous month. Over the period under review, the import price saw a abrupt decline. The most prominent rate of growth was recorded in November 2023 when the average import price increased by 696% against the previous month. As a result, import price reached the peak level of $5,766 per ton. From December 2023 to January 2024, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Malaysia ($11,578 per ton), while the price for China ($936 per ton) was amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Brazil (+0.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Paraguay

In 2022, the amount of stainless steel bars and rods, angles, shapes and sectionses imported into Paraguay skyrocketed to 297 tons, jumping by 118% compared with 2021 figures. In general, imports recorded a prominent expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of stainless steel bars and rods, angles, shapes and sectionses soared to $944K in 2022. Over the period under review, imports continue to indicate prominent growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Paraguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China37214315173625.5%
Brazil65.886.928.116535.9%
Spain1411211176.0-65.1%
Others10949.436.337.3-30.1%
Total68840033294411.1%

Top Suppliers of Stainless Steel Bars and Rods, Angles, Shapes and Sections to Paraguay in 2022:

  1. China (272.5 tons)
  2. Brazil (16.2 tons)
  3. Spain (3.3 tons)

Source: IndexBox Market Intelligence Platform

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