MERCOSUR: Stainless Steel Angle Market 2024

Stainless Steel Angle Market Size in MERCOSUR

The MERCOSUR stainless steel angle market soared to $X in 2022, growing by X% against the previous year. In general, consumption, however, recorded a mild decline. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Stainless Steel Angle Production in MERCOSUR

In value terms, stainless steel angle production expanded slightly to $X in 2022 estimated in export price. Over the period under review, production, however, showed a buoyant expansion. The pace of growth appeared the most rapid in 2015 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Stainless Steel Angle Exports

Exports in MERCOSUR

In 2022, overseas shipments of angles, shapes and sections of stainless steel or other alloy steel increased by X% to X tons, rising for the second consecutive year after two years of decline. In general, exports continue to indicate prominent growth. The most prominent rate of growth was recorded in 2014 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, stainless steel angle exports skyrocketed to $X in 2022. Overall, exports saw a tangible expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Colombia represented the largest exporting country with an export of around X tons, which finished at X% of total exports. It was distantly followed by Peru (X tons), creating a X% share of total exports. The following exporters - Brazil (X tons), Chile (X tons) and Suriname (X tons) - together made up X% of total exports.

Exports from Colombia increased at an average annual rate of X% from 2012 to 2022. At the same time, Peru (X%), Suriname (X%) and Chile (X%) displayed positive paces of growth. Moreover, Peru emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of X% from 2012-2022. By contrast, Brazil (X%) illustrated a downward trend over the same period. While the share of Colombia (X p.p.), Peru (X p.p.) and Suriname (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Brazil (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Colombia ($X) emerged as the largest stainless steel angle supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was held by Peru ($X), with a X% share of total exports. It was followed by Brazil, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Colombia totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: Peru (X% per year) and Brazil (X% per year).

Export Prices by Country

In 2022, the export price in MERCOSUR amounted to $X per ton, jumping by X% against the previous year. In general, the export price, however, recorded a abrupt contraction. The pace of growth was the most pronounced in 2015 an increase of X%. Over the period under review, the export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Peru ($X per ton), while Chile ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Suriname (X%), while the other leaders experienced mixed trends in the export price figures.

Stainless Steel Angle Imports

Imports in MERCOSUR

In 2022, the amount of angles, shapes and sections of stainless steel or other alloy steel imported in MERCOSUR surged to X tons, jumping by X% compared with 2021. Over the period under review, imports, however, continue to indicate a slight downturn. The volume of import peaked at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, stainless steel angle imports skyrocketed to $X in 2022. Total imports indicated slight growth from 2012 to 2022: its value 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 increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of X%. The level of import peaked in 2022 and is expected to retain growth in the near future.

Imports by Country

Brazil (X tons), Ecuador (X tons) and Colombia (X tons) represented roughly X% of total imports in 2022. Venezuela (X tons), Peru (X tons) and Chile (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Colombia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), Ecuador ($X) and Colombia ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

Colombia, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in MERCOSUR stood at $X per ton in 2022, rising by X% against the previous year. Import price indicated a moderate 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, stainless steel angle import price increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2021 when the import price increased by X%. The level of import peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Chile ($X per ton), while Ecuador ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :