Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Brazil - 2024
Contents:
- Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Brazil (CIF) - 2024
- Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Brazil (FOB) - 2022
- Imports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Brazil
- Exports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Brazil
Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Brazil (CIF) - 2024
In May 2024, the average import price for iron or steel cast fittings, other than of non-malleable cast ira amounted to $5,427 per ton, with an increase of 17% against the previous month. Overall, the import price, however, saw a pronounced setback. The growth pace was the most rapid in July 2023 when the average import price increased by 27% m-o-m. The import price peaked at $8,855 per ton in May 2023; however, from June 2023 to May 2024, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($43,070 per ton), while the price for China ($2,873 per ton) was amongst the lowest.
From May 2023 to May 2024, the most notable rate of growth in terms of prices was attained by Italy (+0.5%), while the prices for the other major suppliers experienced a decline.
Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Brazil (FOB) - 2022
In 2022, the average export price for iron or steel cast fittings, other than of non-malleable cast ira amounted to $5,884 per ton, picking up by 17% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. Over the period under review, the average export prices reached the peak figure at $5,905 per ton in 2012; afterwards, it flattened through to 2022.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Argentina ($19,516 per ton), while the average price for exports to France ($3,380 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (+21.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Brazil
In 2022, approx. 12K tons of iron or steel cast fittings, other than of non-malleable cast ira were imported into Brazil; growing by 15% compared with 2021. Overall, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +10.0% 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 +52.4% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 33%. Imports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, imports of iron or steel cast fittings, other than of non-malleable cast ira soared to $76M in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +5.2% 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 +69.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 31%. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the near future.
| Import of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 20.7 | 19.2 | 30.9 | 40.2 | 24.8% |
| United States | 23.8 | 5.4 | 10.3 | 14.7 | -14.8% |
| Italy | 12.7 | 7.5 | 8.7 | 10.1 | -7.4% |
| Germany | 2.5 | 1.9 | 3.5 | 3.7 | 14.0% |
| Hong Kong SAR | 0.9 | 0.6 | 0.7 | 1.6 | 21.1% |
| United Kingdom | 0.2 | 5.5 | 0.4 | 0.8 | 58.7% |
| Others | 4.2 | 4.3 | 3.9 | 4.5 | 2.3% |
| Total | 65.0 | 44.6 | 58.3 | 75.6 | 5.2% |
Top Suppliers of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron to Brazil in 2022:
- China (9.2K tons)
- Italy (1.1K tons)
- United States (0.6K tons)
- Germany (0.3K tons)
- Hong Kong SAR (0.3K tons)
Exports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Brazil
In 2022, exports of iron or steel cast fittings, other than of non-malleable cast ira from Brazil shrank rapidly to 3.4K tons, with a decrease of -19.1% compared with the previous year. In general, exports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 30% against the previous year.
In value terms, exports of iron or steel cast fittings, other than of non-malleable cast ira dropped to $20M in 2022. Overall, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 38% against the previous year. As a result, the exports attained the peak of $21M, and then reduced in the following year.
| Export of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bolivia | 4.4 | 2.1 | 5.4 | 3.4 | -8.2% |
| Paraguay | 2.3 | 2.0 | 3.0 | 2.7 | 5.5% |
| France | 1.8 | 1.7 | 3.4 | 2.5 | 11.6% |
| United Arab Emirates | 2.0 | 1.3 | 1.7 | 1.9 | -1.7% |
| Netherlands | 1.4 | 0.9 | 1.7 | 1.4 | 0.0% |
| Poland | 0.5 | 0.5 | 0.7 | 1.1 | 30.1% |
| Chile | 0.8 | 0.6 | 0.9 | 1.0 | 7.7% |
| Uruguay | 0.6 | 0.5 | 0.7 | 0.7 | 5.3% |
| Italy | 0.8 | 0.6 | 0.8 | 0.6 | -9.1% |
| United States | 2.1 | 1.0 | 1.0 | 0.6 | -34.1% |
| Peru | 0.2 | 2.0 | 0.3 | 0.2 | 0.0% |
| Russia | 0.3 | 0.2 | 0.2 | 0.1 | -30.7% |
| Others | 2.4 | 2.3 | 1.6 | 4.0 | 18.6% |
| Total | 19.7 | 15.5 | 21.3 | 20.2 | 0.8% |
Top Export Markets for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron from Brazil in 2022:
- France (740.5 tons)
- Bolivia (569.4 tons)
- United Arab Emirates (444.3 tons)
- Netherlands (331.2 tons)
- Poland (330.8 tons)
- Paraguay (275.5 tons)
- Italy (164.4 tons)
- Chile (102.8 tons)
- Uruguay (100.1 tons)
- United States (34.1 tons)
- Peru (15.6 tons)
- Russia (13.8 tons)
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