Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in Uruguay - 2022

Contents:

  1. Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in Uruguay (CIF) - 2022
  2. Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in Uruguay (FOB) - 2022
  3. Imports of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Uruguay
  4. Exports of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Uruguay

Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in Uruguay (CIF) - 2022

The average import price for stainless steel bars and rods, angles, shapes and sectionses stood at $4,563 per ton in 2022, surging by 23% against the previous year. Overall, the import price saw a relatively flat trend pattern. 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 Brazil ($11,145 per ton), while the price for China ($3,958 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in Uruguay (FOB) - 2022

The average export price for stainless steel bars and rods, angles, shapes and sectionses stood at $6,085 per ton in 2022, shrinking by -26.7% against the previous year. In general, the export price saw a abrupt contraction. The most prominent rate of growth was recorded in 2018 an increase of 327% against the previous year. As a result, the export price attained the peak level of $31,921 per ton. From 2019 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Argentina ($20,500 per ton), while the average price for exports to Chile ($5,966 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 Free Zones (+20.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports of stainless steel bars and rods, angles, shapes and sectionses into Uruguay stood at 341 tons in 2022, approximately reflecting 2021 figures. Over the period under review, imports showed a remarkable increase. The most prominent rate of growth was recorded in 2021 with an increase of 121% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of stainless steel bars and rods, angles, shapes and sectionses skyrocketed to $1.6M in 2022. Overall, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 167% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China14182.258666567.7%
India31314839464127.0%
Brazil17.316.699.2156108.1%
Taiwan (Chinese)60.637.564.030.1-20.8%
Spain24.321.534.816.0-13.0%
Others85.716270.849.3-16.8%
Total6414681,2491,55834.5%

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

  1. China (168.1 tons)
  2. India (147.2 tons)
  3. Brazil (14.0 tons)
  4. Taiwan (Chinese) (7.5 tons)
  5. Spain (1.5 tons)

Exports of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Uruguay

In 2022, exports of stainless steel bars and rods, angles, shapes and sectionses from Uruguay skyrocketed to 11 tons, jumping by 152% on 2021. Overall, exports enjoyed significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 786% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to see gradual growth in the near future.

In value terms, exports of stainless steel bars and rods, angles, shapes and sectionses skyrocketed to $67K in 2022. Over the period under review, exports recorded significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 503% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChileN/AN/AN/A51.00%
Free Zones0.21.40.710.0268.4%
Paraguay6.432.435.45.4-5.5%
DenmarkN/A6.1N/AN/A0%
OthersN/AN/AN/A0.20%
Total6.639.836.166.7116.2%

Top Export Markets for Stainless Steel Bars and Rods, Angles, Shapes and Sections from Uruguay in 2022:

  1. Chile (8.6 tons)
  2. Free Zones (1.6 tons)
  3. Paraguay (0.8 tons)

Source: IndexBox Market Intelligence Platform

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