Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Argentina - 2023

Contents:

  1. Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Argentina (CIF) - 2023
  2. Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Argentina (FOB) - 2022
  3. Imports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Argentina
  4. Exports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Argentina

Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Argentina (CIF) - 2023

The average import price for steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia stood at $8,155 per ton in June 2023, rising by 1.8% against the previous month. Over the period under review, the import price, however, continues to indicate a abrupt slump. The pace of growth appeared the most rapid in January 2023 an increase of 37% m-o-m. As a result, import price reached the peak level of $21,079 per ton. From February 2023 to June 2023, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for China.

From December 2022 to June 2023, the rate of growth in terms of prices for China amounted to -0.8% per month.

Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Argentina (FOB) - 2022

In 2022, the average export price for steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia amounted to $22,895 per ton, with an increase of 13% against the previous year. In general, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of 124% against the previous year. Over the period under review, the average export prices attained the maximum at $35,749 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Paraguay ($85,639 per ton), while the average price for exports to Brazil ($6,635 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 Paraguay (+9.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Argentina

After two years of decline, supplies from abroad of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia increased by 51% to 1.1K tons in 2022. Overall, imports, however, continue to indicate a slight decrease.

In value terms, imports of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia skyrocketed to $11M in 2022. Over the period under review, imports showed a prominent expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Argentina (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5.44.14.57.913.5%
Ukraine0.1N/AN/A0.8100.0%
South KoreaN/A0.1N/A0.10.0%
Others2.51.01.22.0-7.2%
Total8.05.35.710.910.9%

Top Suppliers of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section to Argentina in 2022:

  1. China (978.6 tons)
  2. Ukraine (59.4 tons)
  3. South Korea (26.8 tons)

Exports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Argentina

In 2022, approx. 2 tons of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia were exported from Argentina; increasing by 11% against 2021 figures. Overall, exports recorded a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 184% against the previous year. As a result, the exports reached the peak of 2.4 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia surged to $46K in 2022. Over the period under review, exports posted significant growth. The growth pace was the most rapid in 2020 with an increase of 62%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/AN/A11.521.385.2%
Uruguay11.6N/A25.020.420.7%
Paraguay5.0N/AN/A3.1-14.7%
BrazilN/A26.9N/A1.0-80.7%
OthersN/AN/AN/AN/A0%
Total16.626.936.545.840.3%

Top Export Markets for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section from Argentina in 2022:

  1. Uruguay (1254.0 kg)
  2. United States (564.0 kg)
  3. Brazil (148.0 kg)
  4. Paraguay (36.0 kg)

Source: IndexBox Market Intelligence Platform

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