Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Argentina - 2023

Contents:

  1. Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Argentina (CIF) - 2022
  2. Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Argentina (FOB) - 2022
  3. Imports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Argentina
  4. Exports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Argentina

Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Argentina (CIF) - 2022

In 2022, the average import price for containers for compressed or liquefied gas, of iron or steel amounted to $47 per unit, growing by 16% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 25%. As a result, import price reached the peak level of $60 per unit. From 2018 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($114 per unit), while the price for Brazil ($37 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Argentina (FOB) - 2022

The average export price for containers for compressed or liquefied gas, of iron or steel stood at $38 per unit in 2022, with an increase of 11% against the previous year. Overall, the export price, however, recorded a perceptible decrease. The growth pace was the most rapid in 2020 an increase of 21%. Over the period under review, the average export prices hit record highs at $52 per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($64 per unit), while the average price for exports to Paraguay ($20 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Venezuela (+12.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Argentina

In 2022, purchases abroad of containers for compressed or liquefied gas, of iron or steel decreased by -4.3% to 196K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +14.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +48.7% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 48%. Imports peaked at 205K units in 2021, and then shrank in the following year.

In value terms, imports of containers for compressed or liquefied gas, of iron or steel rose notably to $9.2M in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +16.9% 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 +59.7% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 36% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

Import of Containers for Compressed or Liquefied Gas, of Iron or Steel in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil1,1191,7922,5463,84250.9%
China1,6801,9172,2732,40712.7%
United States52141087683316.9%
Germany34627445777831.0%
Portugal4534556435224.8%
India61.41,47858131572.5%
Italy16926489.21924.3%
Czech Republic21277554842.4-41.5%
Others1,225496299309-36.8%
Total5,7867,8628,3119,24016.9%

Top Suppliers of Containers for Compressed or Liquefied Gas, of Iron or Steel to Argentina in 2022:

  1. Brazil (104.3K units)
  2. China (47.1K units)
  3. United States (14.4K units)
  4. Portugal (10.7K units)
  5. Germany (6.8K units)
  6. India (4.2K units)
  7. Italy (3.0K units)
  8. Czech Republic (0.9K units)

Exports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Argentina

In 2022, after two years of decline, there was significant growth in shipments abroad of containers for compressed or liquefied gas, of iron or steel, when their volume increased by 326% to 175K units. Over the period under review, exports recorded resilient growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of containers for compressed or liquefied gas, of iron or steel soared to $6.6M in 2022. Overall, exports continue to indicate a buoyant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Containers for Compressed or Liquefied Gas, of Iron or Steel in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bolivia2,6407023712,7411.3%
PeruN/A2,8565921,790-20.8%
Chile52511564.274312.3%
Uruguay14877.2N/A58257.8%
Brazil514187324441-5.0%
Paraguay403373N/A294-10.0%
United States10637.616.151.0-21.6%
Others11.2N/A42.2N/A94.1%
Total4,3474,3491,4096,64115.2%

Top Export Markets for Containers for Compressed or Liquefied Gas, of Iron or Steel from Argentina in 2022:

  1. Bolivia (65.2K units)
  2. Peru (44.7K units)
  3. Chile (21.5K units)
  4. Brazil (15.9K units)
  5. Paraguay (15.0K units)
  6. Uruguay (12.3K units)
  7. United States (0.8K units)

Source: IndexBox Market Intelligence Platform

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