Price for Steel, Alloy; Ingots and Other Primary Forms in Brazil - 2024
Contents:
- Price for Steel, Alloy; Ingots and Other Primary Forms in Brazil (CIF) - 2022
- Price for Steel, Alloy; Ingots and Other Primary Forms in Brazil (FOB) - 2022
- Imports of Steel, Alloy; Ingots and Other Primary Forms in Brazil
- Exports of Steel, Alloy; Ingots and Other Primary Forms in Brazil
Price for Steel, Alloy; Ingots and Other Primary Forms in Brazil (CIF) - 2022
In 2022, the average import price for steel, alloy; ingots and other primary formses amounted to $1,740 per ton, rising by 66% against the previous year. Overall, the import price saw a remarkable increase. The growth pace was the most rapid in 2014 an increase of 207%. As a result, import price reached the peak level of $4,429 per ton. From 2015 to 2022, the average import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($2,410 per ton), while the price for Italy ($1,693 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+7.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Steel, Alloy; Ingots and Other Primary Forms in Brazil (FOB) - 2022
In 2022, the average export price for steel, alloy; ingots and other primary formses amounted to $37,705 per ton, with an increase of 12% against the previous year. Over the period under review, the export price recorded significant growth. The most prominent rate of growth was recorded in 2015 when the average export price increased by 721%. As a result, the export price attained the peak level of $47,574 per ton. From 2016 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Mexico ($37,784 per ton), while the average price for exports to Chile stood at $4,000 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+13.8%).
Imports of Steel, Alloy; Ingots and Other Primary Forms in Brazil
In 2022, purchases abroad of steel, alloy; ingots and other primary formses decreased by -14.7% to 2.2K tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, showed a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 77%. As a result, imports attained the peak of 2.5K tons, and then declined in the following year.
In value terms, imports of steel, alloy; ingots and other primary formses skyrocketed to $3.8M in 2022. Over the period under review, imports, however, showed a significant increase. The growth pace was the most rapid in 2021 when imports increased by 96%. Imports peaked in 2022 and are expected to retain growth in years to come.
Import of Steel, Alloy; Ingots and Other Primary Forms in Brazil (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 1,079 | 1,215 | 2,648 | 3,341 | 45.8% |
France | N/A | N/A | N/A | 286 | 0% |
China | 41.1 | 2.8 | 3.6 | 87.3 | 28.5% |
Portugal | 25.5 | 130 | N/A | N/A | 409.8% |
Others | 118 | 8.3 | 0.7 | 39.3 | -30.7% |
Total | 1,264 | 1,356 | 2,652 | 3,754 | 43.7% |
Top Suppliers of Steel, Alloy; Ingots and Other Primary Forms to Brazil in 2022:
- Italy (1973.3 tons)
- France (118.6 tons)
- China (50.5 tons)
Exports of Steel, Alloy; Ingots and Other Primary Forms in Brazil
In 2022, exports of steel, alloy; ingots and other primary formses from Brazil fell slightly to 431 kg, reducing by -4.2% compared with the previous year's figure. Over the period under review, exports recorded a mild slump. The pace of growth appeared the most rapid in 2021 with an increase of 689%. As a result, the exports reached the peak of 450 kg, and then fell modestly in the following year.
In value terms, exports of steel, alloy; ingots and other primary formses expanded rapidly to $16K in 2022. Overall, exports, however, posted strong growth. The most prominent rate of growth was recorded in 2021 with an increase of 976%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the immediate term.
Export of Steel, Alloy; Ingots and Other Primary Forms in Brazil (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Mexico | 10.2 | 1.2 | 15.1 | 16.2 | 16.7% |
Others | N/A | 0.2 | N/A | N/A | 0% |
Total | 10.2 | 1.4 | 15.1 | 16.3 | 16.9% |
Top Export Markets for Steel, Alloy; Ingots and Other Primary Forms from Brazil in 2022:
- Mexico (430.0 kg)
This report provides an in-depth analysis of the market for raw steel and steel semi-finished products in Brazil.
This report provides an in-depth analysis of the global market for raw steel and steel semi-finished products.
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