Price for Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Argentina - 2023
Contents:
- Price for Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Argentina (CIF) - 2023
- Price for Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Argentina (FOB) - 2022
- Imports of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Argentina
- Exports of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Argentina
Price for Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Argentina (CIF) - 2023
The average import price for stainless steel; flat-rolled products of width less than 600mms stood at $3,278 per ton in June 2023, with a decrease of -47.2% against the previous month. In general, the import price saw a deep reduction. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 61% against the previous month. The import price peaked at $6,212 per ton in May 2023, and then fell markedly in the following month.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Italy ($8,347 per ton), while the price for South Africa ($2,020 per ton) was amongst the lowest.
From December 2022 to June 2023, the most notable rate of growth in terms of prices was attained by India (+26.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Argentina (FOB) - 2022
In 2022, the average export price for stainless steel; flat-rolled products of width less than 600mms amounted to $5,892 per ton, waning by -21.8% against the previous year. Over the period under review, the export price saw a noticeable reduction. The most prominent rate of growth was recorded in 2021 when the average export price increased by 91%. Over the period under review, the average export prices reached the maximum at $11,844 per ton in 2019; however, from 2020 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 Chile ($26,028 per ton), while the average price for exports to Bolivia ($5,003 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 China (+36.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Argentina
In 2022, imports of stainless steel; flat-rolled products of width less than 600mms into Argentina declined to 1.3K tons, which is down by -3.8% against the previous year. In general, imports, however, enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2021 with an increase of 84% against the previous year. As a result, imports reached the peak of 1.3K tons, and then dropped slightly in the following year.
In value terms, imports of stainless steel; flat-rolled products of width less than 600mms soared to $5.1M in 2022. Over the period under review, imports, however, posted a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 100%. 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 Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 365 | 325 | 1,086 | 2,681 | 94.4% |
| Brazil | 421 | 214 | 540 | 497 | 5.7% |
| South Africa | 311 | 455 | 918 | 494 | 16.7% |
| United States | 371 | 97.9 | 384 | 347 | -2.2% |
| Taiwan (Chinese) | 315 | 234 | 274 | 272 | -4.8% |
| South Korea | 144 | 174 | 154 | 267 | 22.9% |
| Spain | 26.3 | 154 | 132 | 82.2 | 46.2% |
| Others | 522 | 246 | 307 | 435 | -5.9% |
| Total | 2,475 | 1,900 | 3,794 | 5,075 | 27.0% |
Top Suppliers of Stainless Steel; Flat-Rolled Products of Width Less than 600mm to Argentina in 2022:
- China (728.4 tons)
- South Africa (181.4 tons)
- Brazil (135.6 tons)
- United States (57.7 tons)
- Taiwan (Chinese) (55.5 tons)
- South Korea (39.2 tons)
- Spain (21.8 tons)
Exports of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Argentina
In 2022, overseas shipments of stainless steel; flat-rolled products of width less than 600mms decreased by -47.1% to 13 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 450%.
In value terms, exports of stainless steel; flat-rolled products of width less than 600mms declined dramatically to $74K in 2022. Over the period under review, exports, however, posted a significant expansion. The growth pace was the most rapid in 2021 with an increase of 254% against the previous year. As a result, the exports attained the peak of $178K, and then shrank sharply in the following year.
| Export of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bolivia | N/A | 24.7 | 33.3 | 59.5 | 55.2% |
| Chile | N/A | 1.3 | 4.2 | 11.0 | 190.9% |
| China | N/A | 0.8 | N/A | 1.6 | 41.4% |
| Trinidad and Tobago | N/A | 10.3 | N/A | N/A | 0% |
| Uruguay | 0.1 | 12.2 | 31.0 | N/A | 1660.7% |
| Italy | N/A | N/A | 71.2 | N/A | 0% |
| Canada | 6.6 | N/A | 35.0 | N/A | 130.3% |
| Brazil | 20.9 | N/A | 3.5 | N/A | -59.1% |
| Others | N/A | 1.1 | 0.1 | 1.6 | 20.6% |
| Total | 27.5 | 50.4 | 178 | 73.7 | 38.9% |
Top Export Markets for Stainless Steel; Flat-Rolled Products of Width Less than 600mm from Argentina in 2022:
- Bolivia (11.9 tons)
- Chile (0.4 tons)
- China (0.2 tons)
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