Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Uruguay - 2023

Contents:

1. Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Uruguay (CIF) - 2022
2. Imports of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Uruguay

Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Uruguay (CIF) - 2022

The average import price for granules and powders, of pig iron, spiegeleisen, iron or steels stood at $1,887 per ton in 2022, increasing by 5.2% against the previous year. Over the last decade, it increased at an average annual rate of +2.7%. The pace of growth was the most pronounced in 2021 when the average import price increased by 17% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the near future.

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 Sweden ($2,955 per ton), while the price for Brazil ($1,307 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+19.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Uruguay

In 2022, approx. 146 tons of granules and powders, of pig iron, spiegeleisen, iron or steels were imported into Uruguay; rising by 21% compared with the previous year. In general, total imports indicated a noticeable increase from 2019 to 2022: its volume increased at an average annual rate of +2.9% 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 +61.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 34% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, imports of granules and powders, of pig iron, spiegeleisen, iron or steels soared to $275K in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +13.4% 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 +98.5% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 56%. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in the immediate term.

Top Suppliers of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel to Uruguay in 2022:

1. Egypt (40.4 tons)
2. Brazil (34.5 tons)
3. Chile (20.8 tons)
4. China (18.2 tons)
5. Sweden (9.6 tons)
6. Argentina (6.5 tons)
7. Mexico (4.7 tons)
8. United States (2.5 tons)