Price for Chain; Articulated Link, Roller, of Iron or Steel in Uruguay - 2022

Contents:

  1. Price for Chain; Articulated Link, Roller, of Iron or Steel in Uruguay (CIF) - 2022
  2. Price for Chain; Articulated Link, Roller, of Iron or Steel in Uruguay (FOB) - 2022
  3. Imports of Chain; Articulated Link, Roller, of Iron or Steel in Uruguay
  4. Exports of Chain; Articulated Link, Roller, of Iron or Steel in Uruguay

Price for Chain; Articulated Link, Roller, of Iron or Steel in Uruguay (CIF) - 2022

The average import price for chain; articulated link, roller, of iron or steel stood at $6,217 per ton in 2022, growing by 14% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.0%. The pace of growth appeared the most rapid in 2019 when the average import price increased by 21%. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($12,481 per ton), while the price for China ($4,459 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Chain; Articulated Link, Roller, of Iron or Steel in Uruguay (FOB) - 2022

In 2022, the average export price for chain; articulated link, roller, of iron or steel amounted to $9,721 per ton, rising by 47% against the previous year. Overall, the export price, however, saw a pronounced slump. The export price peaked at $23,202 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat 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 Brazil ($13,812 per ton), while the average price for exports to Argentina stood at $3,791 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+26.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Chain; Articulated Link, Roller, of Iron or Steel in Uruguay

Imports of chain; articulated link, roller, of iron or steel into Uruguay surged to 224 tons in 2022, picking up by 31% compared with 2021. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +11.0% 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 +46.2% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of chain; articulated link, roller, of iron or steel soared to $1.4M in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +12.9% 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 +52.1% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Chain; Articulated Link, Roller, of Iron or Steel in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China46736545977718.5%
United States1551801351896.8%
Brazil84.015010712614.5%
Malaysia5.86.87.648.7103.3%
Taiwan (Chinese)42.154.213.626.8-14.0%
Singapore21.923.123.6N/A3.8%
Others1931371872265.4%
Total9689169331,39312.9%

Top Suppliers of Chain; Articulated Link, Roller, of Iron or Steel to Uruguay in 2022:

  1. China (174.2 tons)
  2. United States (15.2 tons)
  3. Brazil (12.3 tons)
  4. Malaysia (8.3 tons)
  5. Taiwan (Chinese) (4.0 tons)

Exports of Chain; Articulated Link, Roller, of Iron or Steel in Uruguay

In 2022, shipments abroad of chain; articulated link, roller, of iron or steel decreased by -71.9% to 387 kg for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 601% against the previous year.

In value terms, exports of chain; articulated link, roller, of iron or steel declined notably to $3.8K in 2022. In general, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 610%.

Export of Chain; Articulated Link, Roller, of Iron or Steel in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
BrazilN/A0.10.13.2465.7%
ArgentinaN/A1.32.20.6-32.1%
Venezuela0.53.03.7N/A172.0%
Colombia0.32.02.4N/A182.8%
Others0.11.00.6N/A144.9%
Total1.07.29.13.856.0%

Top Export Markets for Chain; Articulated Link, Roller, of Iron or Steel from Uruguay in 2022:

  1. Brazil (229.0 kg)
  2. Argentina (158.0 kg)

Source: IndexBox Market Intelligence Platform

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