Report Update Apr 1, 2024

Argentina - Hot-Rolled Bars in Free-Cutting Steels - Market Analysis, Forecast, Size, Trends and Insights

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Argentina: Hot-Rolled Free-Cutting Steel Market 2024

Hot-Rolled Free-Cutting Steel Market Size in Argentina

The Argentinian hot-rolled free-cutting steel market expanded notably to $X in 2022, rising by X% against the previous year. In general, consumption posted a resilient expansion. Hot-rolled free-cutting steel consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Hot-Rolled Free-Cutting Steel Production in Argentina

In value terms, hot-rolled free-cutting steel production rose remarkably to $X in 2022 estimated in export price. Overall, the total production indicated a measured expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Hot-Rolled Free-Cutting Steel Exports

Exports from Argentina

In 2017, overseas shipments of hot-rolled bars in free-cutting steels increased by X% to X tons, rising for the second year in a row after two years of decline. Overall, exports, however, faced a abrupt decrease. Over the period under review, the exports reached the peak figure at X tons in 2013; however, from 2014 to 2017, the exports failed to regain momentum.

In value terms, hot-rolled free-cutting steel exports soared to $X in 2017. In general, exports, however, showed a dramatic downturn. The exports peaked at $X in 2013; however, from 2014 to 2017, the exports failed to regain momentum.

Exports by Country

Brazil (X tons) was the main destination for hot-rolled free-cutting steel exports from Argentina, with a approx. X% share of total exports.

From 2012 to 2017, the average annual growth rate of volume to Brazil amounted to X%.

In value terms, Brazil ($X) also remains the key foreign market for hot-rolled bars in free-cutting steels exports from Argentina.

From 2012 to 2017, the average annual growth rate of value to Brazil stood at X%.

Export Prices by Country

The average hot-rolled free-cutting steel export price stood at $X per ton in 2017, reducing by X% against the previous year. Overall, the export price continues to indicate a deep reduction. The pace of growth was the most pronounced in 2013 when the average export price decreased by X% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2017, the export prices failed to regain momentum.

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

From 2012 to 2017, the rate of growth in terms of prices for Brazil amounted to X% per year.

Hot-Rolled Free-Cutting Steel Imports

Imports into Argentina

In 2022, hot-rolled free-cutting steel imports into Argentina soared to X tons, surging by X% against 2021. Overall, imports showed a significant increase. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, hot-rolled free-cutting steel imports soared to $X in 2022. In general, imports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.

Imports by Country

Germany (X tons), Brazil (X tons) and China (X tons) were the main suppliers of hot-rolled free-cutting steel imports to Argentina, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Brazil (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), China ($X) and Brazil ($X) were the largest hot-rolled free-cutting steel suppliers to Argentina, together accounting for X% of total imports.

Brazil, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average hot-rolled free-cutting steel import price stood at $X per ton in 2022, jumping by X% against the previous year. Overall, the import price saw slight growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($X per ton), while the price for Brazil ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for hot-rolled bars in free-cutting steels in the world?

Thailand constituted the country with the largest volume of hot-rolled free-cutting steel consumption, accounting for 30% of total volume. Moreover, hot-rolled free-cutting steel consumption in Thailand exceeded the figures recorded by the second-largest consumer, the UK, twofold. Italy ranked third in terms of total consumption with an 8.9% share.

What are the largest producers of hot-rolled bars in free-cutting steels in the world?

Thailand constituted the country with the largest volume of hot-rolled free-cutting steel production, accounting for 30% of total volume. Moreover, hot-rolled free-cutting steel production in Thailand exceeded the figures recorded by the second-largest producer, the UK, twofold. The third position in this ranking was held by Japan, with a 7.2% share.

What are the leading suppliers of hot-rolled bars in free-cutting steels to Argentina?

In value terms, Germany, China and Brazil constituted the largest hot-rolled free-cutting steel suppliers to Argentina, with a combined 95% share of total imports.

What are the leading importers of hot-rolled bars in free-cutting steels from Argentina?

In value terms, Brazil remains the key foreign market for hot-rolled bars in free-cutting steels exports from Argentina.

What is the average export price for hot-rolled bars in free-cutting steels in Argentina?

In 2017, the average hot-rolled free-cutting steel export price amounted to $603 per ton, dropping by -3.7% against the previous year.

What is the average import price for hot-rolled bars in free-cutting steels in Argentina?

In 2022, the average hot-rolled free-cutting steel import price amounted to $1,478 per ton, with an increase of 37% against the previous year.

This report provides an in-depth analysis of the hot-rolled free-cutting steel market in Argentina. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 24106230 - Hot-rolled bars in free-cutting steels

Country coverage:

Argentina

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Argentina
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023