Argentina: Steel Plaited Band Market 2024

Steel Plaited Band Market Size in Argentina

The Argentinian steel plaited band market declined to $X in 2022, shrinking by X% against the previous year. Overall, consumption recorded a mild slump. The most prominent rate of growth was recorded in 2021 with an increase of X%. Steel plaited band consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Steel Plaited Band Production in Argentina

In value terms, steel plaited band production contracted slightly to $X in 2022 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

Steel Plaited Band Exports

Exports from Argentina

In 2022, overseas shipments of iron or steel plaited bands and slings increased by X% to X tons for the first time since 2019, thus ending a two-year declining trend. In general, exports recorded a remarkable increase. Over the period under review, the exports attained the peak figure at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, steel plaited band exports skyrocketed to $X in 2022. Over the period under review, exports saw prominent growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Chile (X tons) was the main destination for steel plaited band exports from Argentina, accounting for a X% share of total exports. Moreover, steel plaited band exports to Chile exceeded the volume sent to the second major destination, Bolivia (X tons), more than tenfold. The third position in this ranking was taken by Uruguay (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Chile totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bolivia (X% per year) and Uruguay (X% per year).

In value terms, Chile ($X) remains the key foreign market for iron or steel plaited bands and slings exports from Argentina, comprising X% of total exports. The second position in the ranking was taken by Bolivia ($X), with an X% share of total exports. It was followed by Uruguay, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Chile amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bolivia (X% per year) and Uruguay (X% per year).

Export Prices by Country

The average steel plaited band export price stood at $X per ton in 2022, rising by X% against the previous year. Over the period under review, the export price, however, showed a perceptible decrease. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, the 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 Paraguay ($X per ton), while the average price for exports to Chile ($X 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 Paraguay (X%), while the prices for the other major destinations experienced mixed trend patterns.

Steel Plaited Band Imports

Imports into Argentina

In 2022, overseas purchases of iron or steel plaited bands and slings decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, imports recorded a abrupt descent. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, steel plaited band imports rose notably to $X in 2022. Over the period under review, imports continue to indicate a deep setback. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest steel plaited band supplier to Argentina, accounting for a X% share of total imports. Moreover, steel plaited band imports from China exceeded the figures recorded by the second-largest supplier, the United States (X tons), more than tenfold. The third position in this ranking was held by Italy (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Italy (X% per year).

In value terms, China ($X) constituted the largest supplier of iron or steel plaited bands and slings to Argentina, comprising X% of total imports. The second position in the ranking was held by the United States ($X), with a X% share of total imports. It was followed by Hungary, with an X% share.

From 2012 to 2022, the average annual growth rate of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Hungary (X% per year).

Import Prices by Country

In 2022, the average steel plaited band import price amounted to $X per ton, with an increase of X% against the previous year. In general, import price indicated a noticeable expansion from 2012 to 2022: its price 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, steel plaited band import price increased by X% against 2020 indices. The growth pace was the most rapid in 2015 an increase of X%. As a result, import price attained the peak level of $X per ton. From 2016 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for China ($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 more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :