Price for Steel, Stainless; Angles, Shapes and Sections in Argentina - 2023
Contents:
- Price for Steel, Stainless; Angles, Shapes and Sections in Argentina (CIF) - 2022
- Price for Steel, Stainless; Angles, Shapes and Sections in Argentina (FOB) - 2022
- Imports of Steel, Stainless; Angles, Shapes and Sections in Argentina
- Exports of Steel, Stainless; Angles, Shapes and Sections in Argentina
Price for Steel, Stainless; Angles, Shapes and Sections in Argentina (CIF) - 2022
The average import price for steel, stainless stood at $4,305 per ton in 2022, rising by 48% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. Over the period under review, average import prices attained the maximum at $4,699 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($4,370 per ton), while the price for India totaled $4,117 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+1.0%).
Price for Steel, Stainless; Angles, Shapes and Sections in Argentina (FOB) - 2022
In 2022, the average export price for steel, stainless amounted to $6,899 per ton, rising by 50% against the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 225% against the previous year. As a result, the export price reached the peak level of $32,010 per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Chile ($84,000 per ton), while the average price for exports to Uruguay ($5,067 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 Chile (+19.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Steel, Stainless; Angles, Shapes and Sections in Argentina
In 2022, the amount of steel, stainless imported into Argentina reduced dramatically to 489 tons, which is down by -19.4% on the previous year's figure. In general, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 66%. As a result, imports reached the peak of 607 tons, and then reduced dramatically in the following year.
In value terms, imports of steel, stainless skyrocketed to $2.1M in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +11.5% 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 +75.3% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 47% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.
| Import of Steel, Stainless; Angles, Shapes and Sections in Argentina (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 1.1 | 0.8 | 1.7 | 2.0 | 22.1% |
| Others | 0.4 | 0.4 | 0.1 | 0.1 | -37.0% |
| Total | 1.5 | 1.2 | 1.8 | 2.1 | 11.9% |
Top Suppliers of Steel, Stainless; Angles, Shapes and Sections to Argentina in 2022:
- India (476.9 tons)
Exports of Steel, Stainless; Angles, Shapes and Sections in Argentina
In 2022, overseas shipments of steel, stainless decreased by -95.7% to 44 kg, falling for the second year in a row after two years of growth. Overall, exports showed a significant curtailment. The pace of growth was the most pronounced in 2020 with an increase of 17,172% against the previous year. As a result, the exports reached the peak of 20 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of steel, stainless dropped sharply to $558 in 2022. In general, exports continue to indicate a significant contraction. The growth pace was the most rapid in 2020 when exports increased by 11,580%. As a result, the exports attained the peak of $172K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Steel, Stainless; Angles, Shapes and Sections in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Paraguay | 0.5 | 0.5 | 0.1 | 0.3 | -15.7% |
| Chile | N/A | N/A | N/A | 0.2 | 0% |
| Uruguay | 0.8 | 161 | 0.9 | 0.1 | -50.0% |
| United Kingdom | N/A | 9.9 | N/A | N/A | 0% |
| Bolivia | N/A | N/A | 3.8 | N/A | 0% |
| Others | 0.1 | 0.7 | N/A | N/A | 600.0% |
| Total | 1.5 | 172 | 4.7 | 0.6 | -26.3% |
Top Export Markets for Steel, Stainless; Angles, Shapes and Sections from Argentina in 2022:
- Paraguay (27.0 kg)
- Uruguay (15.0 kg)
- Chile (2.0 kg)
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