Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Brazil - 2024
Contents:
- Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Brazil (CIF) - 2022
- Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Brazil (FOB) - 2022
- Imports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Brazil
- Exports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Brazil
Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Brazil (CIF) - 2022
In 2022, the average import price for iron or steel; non-threaded cotters and cotter-pinses amounted to $12,583 per ton, surging by 7% against the previous year. Over the period under review, the import price, however, showed a perceptible downturn. The most prominent rate of growth was recorded in 2019 an increase of 17%. Over the period under review, average import prices hit record highs at $16,249 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($31,055 per ton), while the price for China ($6,424 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+2.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Brazil (FOB) - 2022
In 2022, the average export price for iron or steel; non-threaded cotters and cotter-pinses amounted to $26,017 per ton, increasing by 34% against the previous year. In general, export price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for iron or steel; non-threaded cotters and cotter-pinses increased by +39.7% against 2020 indices. The pace of growth appeared the most rapid in 2018 when the average export price increased by 38%. The export price peaked in 2022 and is likely to see steady growth in years to come.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($38,356 per ton), while the average price for exports to Guyana ($13,606 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 (+6.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Brazil
Imports of iron or steel; non-threaded cotters and cotter-pinses into Brazil rose modestly to 1K tons in 2022, surging by 4.3% compared with 2021 figures. In general, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +13.2% 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 +56.6% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 50% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in the near future.
In value terms, imports of iron or steel; non-threaded cotters and cotter-pinses expanded sharply to $13M in 2022. The total import value increased at an average annual rate of +10.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 27%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.
| Import of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 3,611 | 3,493 | 3,349 | 3,948 | 3.0% |
| Germany | 1,444 | 1,439 | 2,152 | 2,230 | 15.6% |
| China | 521 | 671 | 960 | 1,330 | 36.7% |
| Italy | 490 | 487 | 1,057 | 985 | 26.2% |
| Japan | 602 | 419 | 596 | 665 | 3.4% |
| France | 457 | 304 | 517 | 643 | 12.1% |
| Canada | 172 | 172 | 301 | 302 | 20.6% |
| India | 183 | 183 | 221 | 273 | 14.3% |
| Sweden | 318 | 276 | 222 | 233 | -9.8% |
| South Korea | 233 | 176 | 269 | 219 | -2.0% |
| Others | 1,633 | 1,453 | 1,916 | 2,067 | 8.2% |
| Total | 9,664 | 9,073 | 11,560 | 12,896 | 10.1% |
Top Suppliers of Iron or Steel; Non-Threaded Cotters and Cotter-Pins to Brazil in 2022:
- United States (237.3 tons)
- China (207.1 tons)
- Germany (186.3 tons)
- Italy (124.4 tons)
- Japan (55.6 tons)
- France (43.7 tons)
- India (36.2 tons)
- Sweden (20.9 tons)
- Canada (19.8 tons)
- South Korea (16.6 tons)
Exports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Brazil
Exports of iron or steel; non-threaded cotters and cotter-pinses from Brazil skyrocketed to 122 tons in 2022, with an increase of 26% against the previous year's figure. Overall, exports recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 60% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, exports of iron or steel; non-threaded cotters and cotter-pinses soared to $3.2M in 2022. Over the period under review, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 492 | 391 | 750 | 1,485 | 44.5% |
| Argentina | 419 | 271 | 411 | 756 | 21.7% |
| Germany | 8.0 | 15.5 | 24.4 | 153 | 167.4% |
| Colombia | 70.4 | 51.8 | 87.7 | 118 | 18.8% |
| Paraguay | 59.9 | 56.3 | 80.6 | 98.2 | 17.9% |
| Mexico | 44.7 | 49.6 | 97.1 | 82.6 | 22.7% |
| Switzerland | N/A | 0.1 | 2.8 | 82.1 | 2765.3% |
| Guyana | 0.2 | 0.1 | 78.5 | 59.9 | 569.1% |
| Bolivia | 35.9 | 17.0 | 26.6 | 45.8 | 8.5% |
| Chile | 97.5 | 46.5 | 37.1 | 35.0 | -28.9% |
| India | 43.0 | 2.6 | 11.0 | 16.7 | -27.0% |
| Morocco | 22.4 | 39.2 | 31.7 | 8.5 | -27.6% |
| Others | 297 | 179 | 228 | 225 | -8.8% |
| Total | 1,589 | 1,119 | 1,866 | 3,166 | 25.8% |
Top Export Markets for Iron or Steel; Non-Threaded Cotters and Cotter-Pins from Brazil in 2022:
- United States (51.6 tons)
- Argentina (27.3 tons)
- Paraguay (5.2 tons)
- Guyana (4.4 tons)
- Switzerland (4.2 tons)
- Germany (4.0 tons)
- Colombia (3.9 tons)
- Mexico (3.6 tons)
- Bolivia (2.2 tons)
- Chile (1.7 tons)
- Morocco (1.5 tons)
- India (1.3 tons)
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