Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Uruguay - 2023
Contents:
- Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Uruguay (CIF) - 2023
- Imports of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Uruguay
Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Uruguay (CIF) - 2023
The average import price for iron or non-alloy steel wire, not plated or coateds stood at $971 per ton in December 2023, with an increase of 21% against the previous month. Overall, the import price, however, showed a mild shrinkage. The pace of growth was the most pronounced in September 2023 an increase of 46% month-to-month. As a result, import price attained the peak level of $1,248 per ton. From October 2023 to December 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Brazil ($1,269 per ton), while the price for China ($830 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (0.0%), while the prices for the other major suppliers experienced a decline.
Imports of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Uruguay
In 2022, overseas purchases of iron or non-alloy steel wire, not plated or coateds were finally on the rise to reach 1.5K tons after two years of decline. The total import volume increased at an average annual rate of +4.6% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of iron or non-alloy steel wire, not plated or coateds skyrocketed to $2M in 2022. Overall, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Uruguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 252 | 132 | 229 | 816 | 47.9% |
| China | 320 | 289 | 299 | 559 | 20.4% |
| Brazil | 222 | 131 | 166 | 332 | 14.4% |
| Portugal | 69.1 | 79.7 | 60.2 | 85.0 | 7.1% |
| Argentina | 109 | 277 | 327 | 67.3 | -14.8% |
| Spain | 40.9 | 37.7 | 36.3 | 41.9 | 0.8% |
| Others | 69.6 | 19.5 | 131 | 86.8 | 7.6% |
| Total | 1,082 | 966 | 1,248 | 1,988 | 22.5% |
Top Suppliers of Iron or Non-Alloy Steel Wire, Not Plated or Coated to Uruguay in 2022:
- Turkey (675.6 tons)
- China (470.5 tons)
- Brazil (200.1 tons)
- Portugal (50.5 tons)
- Argentina (34.3 tons)
- Spain (24.4 tons)
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This report provides an in-depth analysis of the market for iron and steel wire in Uruguay.
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This report provides an in-depth analysis of the market for iron and steel wire in Uruguay.
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This report provides an in-depth analysis of the global market for iron and steel wire.
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This report provides an in-depth analysis of the market for iron and steel wire in Uruguay.
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This report provides an in-depth analysis of the market for iron and steel wire in Uruguay.
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This report provides an in-depth analysis of the global market for iron and steel wire.
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This report provides an in-depth analysis of the global market for iron and steel wire.
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