Price for Safety Pins and Other Pins; of Iron or Steel in Brazil - 2024
Contents:
- Price for Safety Pins and Other Pins; of Iron or Steel in Brazil (CIF) - 2024
- Price for Safety Pins and Other Pins; of Iron or Steel in Brazil (FOB) - 2022
- Imports of Safety Pins and Other Pins; of Iron or Steel in Brazil
- Exports of Safety Pins and Other Pins; of Iron or Steel in Brazil
Price for Safety Pins and Other Pins; of Iron or Steel in Brazil (CIF) - 2024
In May 2024, the average import price for safety pins and other pins; of iron or steels amounted to $793 per ton, picking up by 49% against the previous month. In general, the import price, however, continues to indicate a perceptible shrinkage. The most prominent rate of growth was recorded in December 2023 an increase of 177% m-o-m. Over the period under review, average import prices hit record highs at $1,147 per ton in May 2023; however, from June 2023 to May 2024, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In May 2024, the country with the highest price was Hong Kong SAR ($1,091 per ton), while the price for Taiwan (Chinese) ($247 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 Hong Kong SAR (+16.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Safety Pins and Other Pins; of Iron or Steel in Brazil (FOB) - 2022
In 2022, the average export price for safety pins and other pins; of iron or steels amounted to $32,905 per ton, with an increase of 35% against the previous year. In general, the export price, however, saw a abrupt slump. Over the period under review, the average export prices hit record highs at $54,777 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($137,292 per ton), while the average price for exports to Uruguay ($16,522 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 Germany (+36.7%), 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 Brazil
In 2022, supplies from abroad of safety pins and other pins; of iron or steels was finally on the rise to reach 123 tons after two years of decline. In general, imports, however, continue to indicate a abrupt decrease.
In value terms, imports of safety pins and other pins; of iron or steels reached $773K in 2022. Over the period under review, imports, however, recorded a abrupt downturn.
| Import of Safety Pins and Other Pins; of Iron or Steel in Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 438 | 332 | 304 | 496 | 4.2% |
| Czech Republic | 470 | 247 | 224 | 194 | -25.5% |
| Hong Kong SAR | 20.2 | 1.8 | 24.0 | 33.5 | 18.4% |
| Taiwan (Chinese) | 12.2 | 27.0 | 11.5 | 26.8 | 30.0% |
| Mexico | 44.8 | 48.0 | 102 | N/A | 50.9% |
| Others | 2.1 | 11.0 | 26.7 | 22.8 | 121.4% |
| Total | 988 | 667 | 692 | 773 | -7.9% |
Top Suppliers of Safety Pins and Other Pins; of Iron or Steel to Brazil in 2022:
- China (101.6 tons)
- Czech Republic (8.8 tons)
- Hong Kong SAR (7.5 tons)
- Taiwan (Chinese) (4.3 tons)
Exports of Safety Pins and Other Pins; of Iron or Steel in Brazil
In 2022, exports of safety pins and other pins; of iron or steels from Brazil soared to 661 kg, jumping by 22% on the previous year's figure. In general, exports showed buoyant growth. The pace of growth was the most pronounced in 2021 when exports increased by 119%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of safety pins and other pins; of iron or steels soared to $22K in 2022. Over the period under review, exports recorded strong growth. The most prominent rate of growth was recorded in 2021 when exports increased by 154% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.
| Export of Safety Pins and Other Pins; of Iron or Steel in Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bolivia | 6.9 | 1.4 | 5.0 | 7.2 | 1.4% |
| Paraguay | 3.4 | 1.7 | 3.3 | 4.5 | 9.8% |
| Ecuador | N/A | N/A | N/A | 3.6 | 0% |
| Germany | N/A | N/A | N/A | 3.3 | 0% |
| Colombia | N/A | N/A | 0.6 | 1.2 | 100.0% |
| Uruguay | 0.9 | 1.4 | 0.9 | 0.8 | -3.9% |
| Suriname | 0.3 | N/A | 0.5 | 0.8 | 38.7% |
| South Africa | N/A | N/A | 1.2 | 0.1 | -91.7% |
| United States | N/A | N/A | 0.1 | 0.1 | 0.0% |
| Dominican Republic | 0.3 | 0.3 | 1.2 | N/A | 100.0% |
| Chile | 0.9 | 0.2 | 0.1 | N/A | -66.7% |
| Others | 0.1 | 0.2 | 0.2 | 0.3 | 44.2% |
| Total | 13.0 | 5.2 | 13.2 | 21.8 | 18.8% |
Top Export Markets for Safety Pins and Other Pins; of Iron or Steel from Brazil in 2022:
- Bolivia (205.0 kg)
- Paraguay (175.0 kg)
- Ecuador (76.0 kg)
- Colombia (55.0 kg)
- Uruguay (46.0 kg)
- Suriname (40.0 kg)
- Germany (24.0 kg)
- United States (12.0 kg)
- South Africa (4.0 kg)
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