Price for Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Uruguay - 2023
Contents:
- Price for Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Uruguay (CIF) - 2022
- Imports of Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Uruguay
Price for Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Uruguay (CIF) - 2022
The average import price for steel, alloy stood at $4,662 per ton in 2022, flattening at the previous year. Overall, the import price enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2015 when the average import price increased by 15%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the immediate term.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Argentina ($5,233 per ton), while the price for Italy ($4,002 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Uruguay
In 2022, overseas purchases of steel, alloy decreased by 0% to 5.2 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports posted a resilient expansion. The smallest decline of 99.9% was in 2020. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of steel, alloy totaled $24K in 2022. Over the period under review, imports continue to indicate significant growth. The smallest decline of 99.9% was in 2020. Imports peaked in 2022 and are likely to see steady growth in the near future.
| Import of Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Uruguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 1.7 | N/A | N/A | 12.3 | 93.4% |
| Brazil | 3.3 | N/A | N/A | 8.2 | 35.4% |
| Italy | 1.3 | N/A | N/A | 3.8 | 43.0% |
| United Arab Emirates | 1.1 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 7.3 | N/A | N/A | 24.2 | 49.1% |
Top Suppliers of Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented to Uruguay in 2022:
- Argentina (2.3 tons)
- Brazil (1.9 tons)
- Italy (0.9 tons)
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