Price for Safety Pins and Other Pins; of Iron or Steel in Argentina - 2024

Contents:

  1. Price for Safety Pins and Other Pins; of Iron or Steel in Argentina (CIF) - 2022
  2. Price for Safety Pins and Other Pins; of Iron or Steel in Argentina (FOB) - 2022
  3. Imports of Safety Pins and Other Pins; of Iron or Steel in Argentina
  4. Exports of Safety Pins and Other Pins; of Iron or Steel in Argentina

Price for Safety Pins and Other Pins; of Iron or Steel in Argentina (CIF) - 2022

In 2022, the average import price for safety pins and other pins; of iron or steels amounted to $4,258 per ton, which is down by -15.5% against the previous year. Overall, the import price continues to indicate a mild slump. The growth pace was the most rapid in 2021 an increase of 45%. The import price peaked at $5,695 per ton in 2013; however, from 2014 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 United States ($9,877 per ton), while the price for China stood at $4,254 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.1%).

Price for Safety Pins and Other Pins; of Iron or Steel in Argentina (FOB) - 2022

In 2022, the average export price for safety pins and other pins; of iron or steels amounted to $55,533 per ton, reducing by -50.8% against the previous year. In general, the export price, however, posted a remarkable increase. The growth pace was the most rapid in 2021 when the average export price increased by 4,135%. As a result, the export price attained the peak level of $112,829 per ton, and then declined remarkably in the following year.

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 Indonesia ($84,922 per ton), while the average price for exports to New Zealand ($7,333 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 Paraguay (+334.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Safety Pins and Other Pins; of Iron or Steel in Argentina

Imports of safety pins and other pins; of iron or steels into Argentina soared to 100 tons in 2022, surging by 103% compared with 2021. Over the period under review, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of safety pins and other pins; of iron or steels soared to $426K in 2022. Overall, imports enjoyed a significant increase. The growth pace was the most rapid in 2021 with an increase of 109% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in years to come.

Import of Safety Pins and Other Pins; of Iron or Steel in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China15811924542539.1%
Others7.9N/A2.90.7-55.4%
Total16611924842636.9%

Top Suppliers of Safety Pins and Other Pins; of Iron or Steel to Argentina in 2022:

  1. China (100.0 tons)

Exports of Safety Pins and Other Pins; of Iron or Steel in Argentina

In 2022, overseas shipments of safety pins and other pins; of iron or steels increased by 117% to 152 kg for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, showed a abrupt shrinkage.

In value terms, exports of safety pins and other pins; of iron or steels expanded sharply to $8.4K in 2022. Over the period under review, exports, however, recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 2,112%.

Export of Safety Pins and Other Pins; of Iron or Steel in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IndonesiaN/AN/A6.66.5-1.5%
ParaguayN/A0.31.11.2100.0%
PortugalN/AN/AN/A0.40%
United Arab EmiratesN/AN/AN/A0.20%
New ZealandN/AN/AN/AN/A0%
United States9.8N/AN/AN/A0%
Iceland1.4N/AN/AN/A0%
Others0.10.10.20.10.0%
Total11.30.47.98.4-9.4%

Top Export Markets for Safety Pins and Other Pins; of Iron or Steel from Argentina in 2022:

  1. Indonesia (77.0 kg)
  2. Portugal (28.0 kg)
  3. Paraguay (26.0 kg)
  4. United Arab Emirates (12.0 kg)
  5. New Zealand (3.0 kg)

Source: IndexBox Market Intelligence Platform

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