Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Paraguay - 2024

Contents:

  1. Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Paraguay (CIF) - 2022
  2. Imports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Paraguay

Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Paraguay (CIF) - 2022

The average import price for steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses stood at $891 per ton in 2022, dropping by -5.6% against the previous year. In general, the import price saw a slight decrease. The growth pace was the most rapid in 2017 when the average import price increased by 13%. Over the period under review, average import prices attained the peak figure at $1,105 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Argentina ($941 per ton), while the price for Brazil stood at $853 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (-1.3%).

Imports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Paraguay

In 2022, approx. 346 tons of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses were imported into Paraguay; increasing by 16% on the previous year. In general, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +24.0% 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 +90.7% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 66%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses reached $309K in 2022. Overall, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +25.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +98.2% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 69%. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the immediate term.

Import of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Paraguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
BrazilN/AN/AN/A1660%
Argentina156247281142-3.1%
TurkeyN/A15.9N/AN/A0%
OthersN/AN/AN/AN/A0%
Total15626228130925.6%

Top Suppliers of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils to Paraguay in 2022:

  1. Brazil (194.8 tons)
  2. Argentina (151.4 tons)

Source: IndexBox Market Intelligence Platform

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