Argentina: Non-Alloy Steel U-Section Market 2024

Non-Alloy Steel U-Section Market Size in Argentina

The Argentinian non-alloy steel u-section market surged to $X in 2022, rising by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption recorded a resilient increase. Over the period under review, the market reached the peak level in 2022 and is expected to retain growth in years to come.

Non-Alloy Steel U-Section Exports

Exports from Argentina

In 2022, exports of u-sections of non-alloy steel from Argentina dropped notably to X tons, waning by X% compared with the previous year. In general, exports saw a abrupt decrease. The pace of growth was the most pronounced in 2018 when exports increased by X%. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, non-alloy steel u-section exports plummeted to $X in 2022. Overall, exports recorded a abrupt slump. The growth pace was the most rapid in 2018 when exports increased by X%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Paraguay (X tons), Brazil (X tons) and Uruguay (X tons) were the main destinations of non-alloy steel u-section exports from Argentina, with a combined X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Brazil (with a CAGR of X%), while shipments for the other leaders experienced a decline.

In value terms, Paraguay ($X) remains the key foreign market for u-sections of non-alloy steel exports from Argentina, comprising X% of total exports. The second position in the ranking was taken by Brazil ($X), with a X% share of total exports. It was followed by Uruguay, with an X% share.

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

Export Prices by Country

In 2022, the average non-alloy steel u-section export price amounted to $X per ton, with an increase of X% against the previous year. Overall, export price indicated a pronounced increase 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, non-alloy steel u-section export price increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in years to come.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Bolivia ($X per ton) and Paraguay ($X per ton), while the average price for exports to Uruguay ($X per ton) and Brazil ($X per ton) were 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 more modest paces of growth.

Non-Alloy Steel U-Section Imports

Imports into Argentina

In 2022, approx. X tons of u-sections of non-alloy steel were imported into Argentina; surging by X% against 2021. Overall, total imports indicated a moderate increase from 2012 to 2022: its volume 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, imports decreased by X% against 2017 indices. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2018 to 2022, the growth of imports failed to regain momentum.

In value terms, non-alloy steel u-section imports surged to $X in 2022. In general, imports showed strong growth. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

Turkey (X tons), Spain (X tons) and Poland (X tons) were the main suppliers of non-alloy steel u-section imports to Argentina, together comprising X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of X%), while purchases for the other leaders experienced a decline.

In value terms, Turkey ($X), Spain ($X) and Poland ($X) appeared to be the largest non-alloy steel u-section suppliers to Argentina, with a combined X% share of total imports.

Turkey, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average non-alloy steel u-section import price amounted to $X per ton, jumping by X% against the previous year. Over the period under review, import price indicated a measured increase 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, non-alloy steel u-section import price increased by X% against 2020 indices. As a result, import price attained 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 Poland ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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