Price for Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Paraguay - 2022

Contents:

  1. Price for Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Paraguay (CIF) - 2022
  2. Imports of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Paraguay

Price for Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Paraguay (CIF) - 2022

In 2022, the average import price for iron or non-alloy steel; ingots (excluding iron of heading no. 7203)s amounted to $2,571 per ton, standing approx. at the previous year. In general, the import price, however, showed a abrupt decrease. The growth pace was the most rapid in 2014 when the average import price increased by 6.8% against the previous year. The import price peaked at $5,919 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Brazil.

From 2012 to 2022, the rate of growth in terms of prices for Brazil amounted to -5.0% per year.

Imports of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Paraguay

In 2022, overseas purchases of iron or non-alloy steel; ingots (excluding iron of heading no. 7203)s decreased by -20.1% to 219 kg, falling for the second consecutive year after two years of growth. Over the period under review, imports, however, posted a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 1,459%. As a result, imports reached the peak of 343 kg. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of iron or non-alloy steel; ingots (excluding iron of heading no. 7203)s reduced sharply to $563 in 2022. Overall, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 825% against the previous year. As a result, imports attained the peak of $879. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Paraguay (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil95.087970356381.0%
OthersN/AN/AN/AN/A0%
Total95.087970356381.0%

Top Suppliers of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) to Paraguay in 2022:

  1. Brazil (219.0 kg)

Source: IndexBox Market Intelligence Platform

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