Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Paraguay - 2024

Contents:

  1. Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Paraguay (CIF) - 2022
  2. Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Paraguay (FOB) - 2022
  3. Imports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Paraguay
  4. Exports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Paraguay

Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Paraguay (CIF) - 2022

In 2022, the average import price for iron or steel cast fittings, other than of non-malleable cast ira amounted to $8,364 per ton, picking up by 13% against the previous year. Over the period under review, import price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for iron or steel cast fittings, other than of non-malleable cast ira increased by +24.9% against 2020 indices. The pace of growth appeared the most rapid in 2018 an increase of 35% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($8,643 per ton), while the price for China ($4,972 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Paraguay (FOB) - 2022

The average export price for iron or steel cast fittings, other than of non-malleable cast ira stood at $1,511 per ton in 2022, with an increase of 4.3% against the previous year. In general, the export price saw a modest increase. The most prominent rate of growth was recorded in 2018 an increase of 100%. Over the period under review, the average export prices reached the peak figure at $2,414 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Bolivia ($1,946 per ton), while the average price for exports to Uruguay ($1,115 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 Bolivia (+11.8%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Paraguay

After three years of growth, purchases abroad of iron or steel cast fittings, other than of non-malleable cast ira decreased by -4.3% to 393 tons in 2022. The total import volume increased at an average annual rate of +2.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 10%. As a result, imports attained the peak of 410 tons, and then contracted modestly in the following year.

In value terms, imports of iron or steel cast fittings, other than of non-malleable cast ira rose markedly to $3.3M in 2022. The total import value increased at an average annual rate of +4.4% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 22% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

Import of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Paraguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil2,2582,3362,8323,00610.0%
China20250.5101157-8.1%
Spain17.89.154.437.328.0%
Others40596.348.383.3-41.0%
Total2,8832,4923,0363,2834.4%

Top Suppliers of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron to Paraguay in 2022:

  1. Brazil (347.8 tons)
  2. China (31.5 tons)
  3. Spain (6.2 tons)

Exports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Paraguay

In 2022, approx. 15 tons of iron or steel cast fittings, other than of non-malleable cast ira were exported from Paraguay; rising by 31% against 2021. Over the period under review, exports continue to indicate a significant increase. The growth pace was the most rapid in 2020 with an increase of 167% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to see gradual growth in the near future.

In value terms, exports of iron or steel cast fittings, other than of non-malleable cast ira surged to $23K in 2022. In general, exports saw a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 103%. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.

Export of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Paraguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil0.23.74.88.5249.0%
Bolivia5.31.15.38.416.6%
Uruguay2.711.66.95.123.6%
ArgentinaN/AN/AN/A0.90%
ChileN/AN/AN/A0.40%
OthersN/A0.1N/AN/A0%
Total8.216.617.023.241.4%

Top Export Markets for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron from Paraguay in 2022:

  1. Brazil (5.6 tons)
  2. Uruguay (4.5 tons)
  3. Bolivia (4.3 tons)
  4. Argentina (0.6 tons)
  5. Chile (0.3 tons)

Source: IndexBox Market Intelligence Platform

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