MERCOSUR: Non-Alloy Steel U-Section Market 2024

Non-Alloy Steel U-Section Market Size in MERCOSUR

The MERCOSUR non-alloy steel u-section market reduced modestly to $X in 2022, which is down by X% against the previous year. Over the period under review, consumption saw a deep setback. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Non-Alloy Steel U-Section Production in MERCOSUR

In value terms, non-alloy steel u-section production reduced modestly to $X in 2022 estimated in export price. In general, production continues to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2018 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Non-Alloy Steel U-Section Exports

Exports in MERCOSUR

In 2022, exports of u-sections of non-alloy steel in MERCOSUR dropped sharply to X tons, shrinking by X% compared with the year before. Over the period under review, exports continue to indicate a deep reduction. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, the exports reached the maximum at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, non-alloy steel u-section exports contracted sharply to $X in 2022. Overall, exports recorded a deep reduction. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, Brazil (X tons) represented the major exporter of u-sections of non-alloy steel, generating X% of total exports. Uruguay (X tons) held the second position in the ranking, followed by Argentina (X tons), Peru (X tons) and Chile (X tons). All these countries together held near X% share of total exports. The following exporters - Ecuador (X tons) and Venezuela (X tons) - each reached a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to non-alloy steel u-section exports from Brazil stood at X%. At the same time, Uruguay (X%) and Peru (X%) displayed positive paces of growth. Moreover, Uruguay emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of X% from 2012-2022. By contrast, Chile (X%), Ecuador (X%), Argentina (X%) and Venezuela (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Uruguay, Peru and Chile increased by X, X and X percentage points, respectively.

In value terms, Brazil ($X) remains the largest non-alloy steel u-section supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was held by Argentina ($X), with a X% share of total exports. It was followed by Uruguay, with an X% share.

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

Export Prices by Country

In 2022, the export price in MERCOSUR amounted to $X per ton, growing by X% against the previous year. Export price indicated a slight 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 2016 indices. As a result, the export 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 suppliers, the country with the highest price was Chile ($X per ton), while Venezuela ($X per ton) was amongst the lowest.

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

Non-Alloy Steel U-Section Imports

Imports in MERCOSUR

Non-alloy steel u-section imports declined markedly to X tons in 2022, shrinking by X% on the year before. In general, imports saw a noticeable contraction. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, non-alloy steel u-section imports soared to $X in 2022. Overall, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by X%. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Argentina was the main importer of u-sections of non-alloy steel in MERCOSUR, with the volume of imports amounting to X tons, which was near X% of total imports in 2022. Colombia (X tons) ranks second in terms of the total imports with an X% share, followed by Uruguay (X%), Chile (X%) and Peru (X%). Brazil (X tons) and Guyana (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to non-alloy steel u-section imports into Argentina stood at X%. At the same time, Guyana (X%) displayed positive paces of growth. Moreover, Guyana emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of X% from 2012-2022. Uruguay experienced a relatively flat trend pattern. By contrast, Colombia (X%), Chile (X%), Brazil (X%) and Peru (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Argentina, Uruguay and Guyana increased by X, X and X percentage points, respectively.

In value terms, Argentina ($X) constitutes the largest market for imported u-sections of non-alloy steel in MERCOSUR, comprising X% of total imports. The second position in the ranking was held by Colombia ($X), with a X% share of total imports. It was followed by Uruguay, with a X% share.

In Argentina, non-alloy steel u-section imports increased at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Colombia (X% per year) and Uruguay (X% per year).

Import Prices by Country

In 2022, the import price in MERCOSUR amounted to $X per ton, surging by X% against the previous year. Import price indicated a noticeable 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, 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.

Average prices varied noticeably amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Chile ($X per ton) and Argentina ($X per ton), while Colombia ($X per ton) and Uruguay ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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