Price for Steel, Stainless; Ingots and Other Primary Forms in Paraguay - 2023

Contents:

  1. Price for Steel, Stainless; Ingots and Other Primary Forms in Paraguay (CIF) - 2022
  2. Imports of Steel, Stainless; Ingots and Other Primary Forms in Paraguay

Price for Steel, Stainless; Ingots and Other Primary Forms in Paraguay (CIF) - 2022

In 2022, the average import price for steel, stainless; ingots and other primary formses amounted to $2,521 per ton, declining by -38.8% against the previous year. Overall, the import price showed a mild downturn. The most prominent rate of growth was recorded in 2021 when the average import price decreased by -21.5% against the previous year. Over the period under review, average import prices hit record highs at $5,250 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Brazil.

From 2015 to 2022, the rate of growth in terms of prices for Brazil amounted to +6.5% per year.

Imports of Steel, Stainless; Ingots and Other Primary Forms in Paraguay

After two years of growth, purchases abroad of steel, stainless; ingots and other primary formses decreased by -87.5% to 618 kg in 2022. Overall, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 123,150% against the previous year. As a result, imports attained the peak of 4.9 tons, and then shrank dramatically in the following year.

In value terms, imports of steel, stainless; ingots and other primary formses reduced dramatically to $1.6K in 2022. Over the period under review, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 96,610% against the previous year. As a result, imports reached the peak of $20K, and then shrank significantly in the following year.

Import of Steel, Stainless; Ingots and Other Primary Forms in Paraguay (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
BrazilN/A20.31.6-92.1%
OthersN/AN/AN/A0%
TotalN/A20.31.6-92.1%

Top Suppliers of Steel, Stainless; Ingots and Other Primary Forms to Paraguay in 2022:

  1. Brazil (618.0 kg)

Source: IndexBox Market Intelligence Platform

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