Price for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Uruguay - 2023

Contents:

  1. Price for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Uruguay (FOB) - 2022
  2. Price for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Uruguay (CIF) - 2022
  3. Exports of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Uruguay
  4. Imports of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Uruguay

Price for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Uruguay (FOB) - 2022

In 2022, the average export price for stainless steel, flat-rolled, width less than 600mm, cold-rolleds amounted to $3,121 per ton, with an increase of 34% against the previous year. In general, the export price enjoyed a pronounced increase. The pace of growth was the most pronounced in 2014 when the average export price increased by 92%. As a result, the export price reached the peak level of $4,142 per ton. From 2015 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Brazil.

From 2012 to 2022, the rate of growth in terms of prices for Brazil amounted to +4.8% per year.

Price for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Uruguay (CIF) - 2022

In 2022, the average import price for stainless steel, flat-rolled, width less than 600mm, cold-rolleds amounted to $4,082 per ton, jumping by 155% against the previous year. Overall, the import price recorded a buoyant expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($4,855 per ton), while the price for Mexico ($2,747 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+6.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Uruguay

In 2022, approx. 459 tons of stainless steel, flat-rolled, width less than 600mm, cold-rolleds were exported from Uruguay; with an increase of 767% compared with 2021 figures. Overall, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of stainless steel, flat-rolled, width less than 600mm, cold-rolleds skyrocketed to $1.4M in 2022. In general, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil91.9153N/A1,432149.8%
ArgentinaN/AN/A115N/A0%
Others0.40.48.4N/A358.3%
Total92.31531231,432149.4%

Top Export Markets for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled from Uruguay in 2022:

  1. Brazil (458.9 tons)

Imports of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Uruguay

In 2022, overseas purchases of stainless steel, flat-rolled, width less than 600mm, cold-rolleds were finally on the rise to reach 220 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, saw a dramatic contraction.

In value terms, imports of stainless steel, flat-rolled, width less than 600mm, cold-rolleds soared to $897K in 2022. Overall, imports, however, showed a precipitous slump.

Import of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Africa835N/A45.3499-15.8%
China11720621.932340.3%
ItalyN/A0.11.231.11663.5%
Brazil1,41729628.027.2-73.2%
Mexico1,769523N/A15.8-79.3%
Others4.94.720.00.7-47.7%
Total4,1421,029116897-39.9%

Top Suppliers of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled to Uruguay in 2022:

  1. South Africa (128.6 tons)
  2. China (66.5 tons)
  3. Italy (10.7 tons)
  4. Brazil (8.1 tons)
  5. Mexico (5.8 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Steel, stainless; flat-rolled, width less than 600mm, cold-rolled - Uruguay