Price for Stainless Steel in Ingots or Other Primary Forms in Paraguay - 2023

Contents:

  1. Price for Stainless Steel in Ingots or Other Primary Forms in Paraguay (CIF) - 2022
  2. Imports of Stainless Steel in Ingots or Other Primary Forms in Paraguay

Price for Stainless Steel in Ingots or Other Primary Forms in Paraguay (CIF) - 2022

In 2022, the average import price for stainless steel in ingots or other primary forms amounted to $1,994 per ton, growing by 118% against the previous year. In general, the import price, however, recorded a abrupt shrinkage. The import price peaked at $7,501 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($1,924 per ton), while the price for China amounted to $874 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+3.2%).

Imports of Stainless Steel in Ingots or Other Primary Forms in Paraguay

After three years of growth, overseas purchases of stainless steel in ingots or other primary forms decreased by -58.4% to 12 tons in 2022. Overall, imports, however, saw a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 1,155%. As a result, imports attained the peak of 29 tons, and then dropped sharply in the following year.

In value terms, imports of stainless steel in ingots or other primary forms declined to $24K in 2022. Over the period under review, imports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 1,136% against the previous year. As a result, imports reached the peak of $26K, and then dropped in the following year.

Import of Stainless Steel in Ingots or Other Primary Forms in Paraguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil2.12.016.215.092.6%
China0.1N/A8.38.7343.1%
OthersN/A0.11.8N/A1700.0%
Total2.22.126.223.7120.9%

Top Suppliers of Stainless Steel in Ingots or Other Primary Forms to Paraguay in 2022:

  1. China (10.0 tons)
  2. Brazil (7.8 tons)

Source: IndexBox Market Intelligence Platform

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