Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Argentina - 2023

Contents:

  1. Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Argentina (CIF) - 2022
  2. Imports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Argentina

Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Argentina (CIF) - 2022

In 2022, the average import price for steel alloy wire of materials other than silico-manganese steels amounted to $2,313 per ton, increasing by 29% against the previous year. Over the period under review, import price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for steel alloy wire of materials other than silico-manganese steels increased by +84.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 an increase of 44% against the previous year. The import price peaked in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($7,754 per ton), while the price for China ($1,635 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Argentina

In 2022, approx. 5K tons of steel alloy wire of materials other than silico-manganese steels were imported into Argentina; jumping by 32% compared with the year before. Overall, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +5.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +72.4% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of steel alloy wire of materials other than silico-manganese steels skyrocketed to $12M in 2022. Over the period under review, imports showed a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 88%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Import of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Argentina (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil4.42.84.35.89.6%
China0.30.41.21.571.0%
ItalyN/AN/A0.11.11000.0%
Germany0.2N/A0.20.858.7%
Taiwan (Chinese)0.10.20.30.571.0%
IndiaN/AN/AN/A0.40%
TurkeyN/AN/AN/A0.30%
Others0.40.20.81.348.1%
Total5.53.76.911.628.2%

Top Suppliers of Steel Alloy Wire of Materials Other than Silico-Manganese Steel to Argentina in 2022:

  1. Brazil (2902.3 tons)
  2. China (896.7 tons)
  3. Italy (291.2 tons)
  4. Taiwan (Chinese) (214.0 tons)
  5. India (211.3 tons)
  6. Turkey (163.7 tons)
  7. Germany (101.2 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Steel, alloy; wire, of materials other than high speed or silico-manganese steel - Argentina