Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Uruguay - 2023

Contents:

1. Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Uruguay (CIF) - 2022
2. Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Uruguay (FOB) - 2022
3. Imports of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Uruguay
4. Exports of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Uruguay

Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Uruguay (CIF) - 2022

The average import price for steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s stood at $6,500 per ton in 2022, picking up by 9.3% against the previous year. Over the period under review, the import price showed a modest increase. The pace of growth was the most pronounced in 2015 when the average import price increased by 71% against the previous year. The import price peaked at $11,084 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($66,500 per ton), while the price for Argentina ($1,182 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+22.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Uruguay (FOB) - 2022

In 2021, the average export price for steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s amounted to $2,141 per ton, standing approx. at the previous year. Over the period under review, the export price continues to indicate a dramatic shrinkage. The growth pace was the most rapid in 2020 a decrease of 99.9% against the previous year. The export price peaked at $21,000 per ton in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Argentina.

From 2017 to 2021, the rate of growth in terms of prices for Argentina amounted to 0.0% per year.

Imports of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Uruguay

In 2022, approx. 12 tons of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s were imported into Uruguay; falling by -61.9% compared with 2021 figures. Overall, imports, however, recorded significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 2,688%. As a result, imports attained the peak of 32 tons, and then fell sharply in the following year.

In value terms, imports of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s plummeted to $80K in 2022. Over the period under review, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 3,040%. As a result, imports reached the peak of $191K, and then declined rapidly in the following year.

Top Suppliers of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 to Uruguay in 2022:

1. China (10.0 tons)
2. Spain (1.4 tons)
3. Italy (0.4 tons)

Exports of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Uruguay

Exports of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s from Uruguay was estimated at 7.7 tons in 2021, remaining stable against the previous year. Over the period under review, exports recorded significant growth. The smallest decline of 99.9% was in 2020. Over the period under review, the exports of reached the peak figure in 2021 and are expected to retain growth in the immediate term.

In value terms, exports of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s amounted to $16K in 2021. Overall, exports saw a significant increase. The smallest decline of 99.9% was in 2020. Over the period under review, the exports of attained the peak figure in 2021 and are likely to continue growth in years to come.

Top Export Markets for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 from Uruguay in 2022:

1. Argentina (7.7 tons)