Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Argentina - 2023
Contents:
- Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Argentina (CIF) - 2023
- Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Argentina
Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Argentina (CIF) - 2023
The average import price for iron or non-alloy steel wire, plated or coated with non-zinc base metalses stood at $2,090 per ton in June 2023, picking up by 8.7% against the previous month. Over the period under review, the import price, however, showed a pronounced decrease. The pace of growth was the most pronounced in April 2023 an increase of 19% month-to-month. As a result, import price reached the peak level of $2,535 per ton. From May 2023 to June 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($3,864 per ton), while the price for China ($1,113 per ton) was amongst the lowest.
From December 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Vietnam (+3.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Argentina
In 2022, imports of iron or non-alloy steel wire, plated or coated with non-zinc base metalses into Argentina declined slightly to 6K tons, leveling off at the year before. In general, total imports indicated perceptible growth from 2019 to 2022: its volume increased at an average annual rate of +2.7% 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 +70.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 72% against the previous year. As a result, imports reached the peak of 6.1K tons, leveling off in the following year.
In value terms, imports of iron or non-alloy steel wire, plated or coated with non-zinc base metalses skyrocketed to $13M in 2022. Overall, imports, however, enjoyed prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 130%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
| Import of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals in Argentina (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 3.5 | 1.7 | 4.5 | 4.5 | 8.7% |
| Brazil | 3.1 | 1.6 | 2.9 | 3.7 | 6.1% |
| Vietnam | 0.8 | 0.7 | 2.0 | 2.2 | 40.1% |
| Belgium | N/A | 0.1 | 0.6 | 0.9 | 200.0% |
| China | 0.2 | 0.3 | 0.5 | 0.7 | 51.8% |
| Thailand | N/A | N/A | N/A | 0.4 | 0% |
| France | 0.1 | 0.2 | 0.2 | 0.2 | 26.0% |
| Others | 0.1 | 0.2 | 0.3 | 0.3 | 44.2% |
| Total | 7.7 | 4.8 | 10.9 | 12.8 | 18.5% |
Top Suppliers of Iron or Non-Alloy Steel Wire, Plated or Coated with Non-Zinc Base Metals to Argentina in 2022:
- South Korea (2129.1 tons)
- Brazil (1630.4 tons)
- Vietnam (1101.0 tons)
- China (418.6 tons)
- Belgium (333.9 tons)
- Thailand (203.1 tons)
- France (77.5 tons)
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This report provides an in-depth analysis of the market for iron and steel wire in Argentina.
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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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This report provides an in-depth analysis of the market for iron and steel wire in Argentina.
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This report provides an in-depth analysis of the market for iron and steel wire in Argentina.
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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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