Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in Argentina - 2023
Contents:
- Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in Argentina (CIF) - 2022
- Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in Argentina (FOB) - 2022
- Imports of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Argentina
- Exports of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Argentina
Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in Argentina (CIF) - 2022
The average import price for stainless steel bars and rods, angles, shapes and sectionses stood at $6,215 per ton in 2022, rising by 23% against the previous year. Over the last decade, it increased at an average annual rate of +1.6%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($21,713 per ton), while the price for India ($5,076 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in Argentina (FOB) - 2022
In 2022, the average export price for stainless steel bars and rods, angles, shapes and sectionses amounted to $5,702 per ton, approximately reflecting the previous year. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 82%. The export price peaked at $10,643 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Uruguay.
From 2012 to 2022, the rate of growth in terms of prices for Bolivia amounted to -0.7% per year.
Imports of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Argentina
Imports of stainless steel bars and rods, angles, shapes and sectionses into Argentina soared to 8K tons in 2022, picking up by 17% against the previous year. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +6.5% 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 +67.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 44%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.
In value terms, imports of stainless steel bars and rods, angles, shapes and sectionses surged to $50M in 2022. In general, imports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2021 when imports increased by 61%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in years to come.
| Import of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Argentina (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 13.8 | 8.7 | 15.4 | 24.2 | 20.6% |
| Brazil | 5.8 | 3.2 | 6.4 | 10.4 | 21.5% |
| United States | 7.9 | 5.0 | 6.4 | 6.5 | -6.3% |
| China | 2.3 | 2.1 | 3.6 | 4.8 | 27.8% |
| Germany | 0.5 | 0.3 | 0.6 | 1.1 | 30.1% |
| Italy | 0.9 | 1.0 | 0.8 | 1.0 | 3.6% |
| Others | 1.8 | 1.1 | 1.3 | 1.7 | -1.9% |
| Total | 33.0 | 21.5 | 34.6 | 49.7 | 14.6% |
Top Suppliers of Stainless Steel Bars and Rods, Angles, Shapes and Sections to Argentina in 2022:
- India (4.8K tons)
- Brazil (1.6K tons)
- China (0.7K tons)
- United States (0.3K tons)
- Germany (0.2K tons)
- Italy (0.1K tons)
Exports of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Argentina
For the third consecutive year, Argentina recorded decline in overseas shipments of stainless steel bars and rods, angles, shapes and sectionses, which decreased by 0% to 1.7 tons in 2022. Overall, exports continue to indicate a precipitous slump. The smallest decline of -60.5% was in 2020.
In value terms, exports of stainless steel bars and rods, angles, shapes and sectionses stood at $9.5K in 2022. Over the period under review, exports faced a sharp shrinkage. The smallest decline of -55.7% was in 2020.
| Export of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uruguay | 19.3 | 19.0 | N/A | 9.5 | -21.0% |
| Paraguay | 23.5 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 42.8 | 19.0 | N/A | 9.5 | -39.5% |
Top Export Markets for Stainless Steel Bars and Rods, Angles, Shapes and Sections from Argentina in 2022:
- Uruguay (1.7 tons)
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