Price for Iron or Steel; Cast Articles in Argentina - 2023

Contents:

1. Price for Iron or Steel; Cast Articles in Argentina (CIF) - 2022
2. Price for Iron or Steel; Cast Articles in Argentina (FOB) - 2022
3. Imports of Iron or Steel; Cast Articles in Argentina
4. Exports of Iron or Steel; Cast Articles in Argentina

Price for Iron or Steel; Cast Articles in Argentina (CIF) - 2022

In 2022, the average import price for iron or steel; cast articleses amounted to $2,297 per ton, rising by 20% against the previous year. Overall, the import price, however, continues to indicate a perceptible downturn. The import price peaked at $2,929 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 Germany ($5,003 per ton), while the price for Brazil ($1,864 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+10.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Iron or Steel; Cast Articles in Argentina (FOB) - 2022

In 2022, the average export price for iron or steel; cast articleses amounted to $2,093 per ton, dropping by -39% against the previous year. In general, the export price saw a noticeable contraction. The pace of growth was the most pronounced in 2018 when the average export price increased by 57%. Over the period under review, the average export prices hit record highs at $4,243 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Uruguay ($3,257 per ton), while the average price for exports to Brazil amounted to $1,917 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+1.2%), while the prices for the other major destinations experienced a decline.

Imports of Iron or Steel; Cast Articles in Argentina

In 2022, imports of iron or steel; cast articleses into Argentina skyrocketed to 5K tons, rising by 36% on 2021 figures. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +11.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +79.1% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, iron or steel; cast articles imports soared to $11M in 2022. Overall, imports enjoyed a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Iron or Steel; Cast Articles to Argentina in 2022:

1. Brazil (2585.6 tons)
2. China (1754.6 tons)
3. India (304.0 tons)
4. France (198.6 tons)

Exports of Iron or Steel; Cast Articles in Argentina

In 2022, iron or steel; cast articles exports from Argentina fell dramatically to 54 tons, shrinking by -95.3% compared with the previous year. Overall, exports faced a sharp decline. The smallest decline of -12.6% was in 2020.

In value terms, iron or steel; cast articles exports declined remarkably to $113K in 2022. Over the period under review, exports faced a sharp setback. The smallest decline of -23.9% was in 2021.

Top Export Markets for Iron or Steel; Cast Articles from Argentina in 2022:

1. Brazil (47.0 tons)
2. Uruguay (7.1 tons)

Source: IndexBox Market Intelligence Platform