Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Uruguay - 2022
Contents:
- Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Uruguay (CIF) - 2022
- Imports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Uruguay
Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Uruguay (CIF) - 2022
In 2022, the average import price for steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses amounted to $701 per ton, remaining stable against the previous year. Over the period under review, the import price saw a abrupt shrinkage. The growth pace was the most rapid in 2016 an increase of 31% against the previous year. Over the period under review, average import prices reached the maximum at $2,610 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to -12.7% per year.
Imports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Uruguay
In 2022, after three years of growth, there was significant decline in purchases abroad of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses, when their volume decreased by -5.8% to 598 tons. The total import volume increased at an average annual rate of +6.4% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 13%.
In value terms, imports of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses contracted to $419K in 2022. The total import value increased at an average annual rate of +6.6% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 13%.
| Import of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Uruguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 341 | 383 | 427 | 390 | 4.6% |
| Others | 4.5 | 9.1 | 17.9 | 29.2 | 86.5% |
| Total | 346 | 392 | 445 | 419 | 6.6% |
Top Suppliers of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils to Uruguay in 2022:
- China (588.8 tons)
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