Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Paraguay - 2024

Contents:

  1. Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Paraguay (CIF) - 2022
  2. Imports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Paraguay

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

In 2022, the average import price for steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia amounted to $2,545 per ton, with a decrease of -14.1% against the previous year. Over the period under review, the import price saw a abrupt decrease. The pace of growth was the most pronounced in 2020 an increase of 56%. Over the period under review, average import prices hit record highs at $12,186 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($20,212 per ton), while the price for China ($1,697 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (-6.6%), while the prices for the other major suppliers experienced a decline.

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

In 2022, imports of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia into Paraguay soared to 75 tons, surging by 20% compared with 2021. The total import volume increased at an average annual rate of +10.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia expanded modestly to $192K in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +18.2% 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 +65.2% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 46% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Import of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Paraguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China29.325.783.990.845.8%
Spain46.846.548.551.02.9%
Brazil0.765.222.429.3247.2%
India23.225.621.814.1-15.3%
Others16.26.89.16.6-25.9%
Total11617018619218.3%

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

  1. China (53.5 tons)
  2. Spain (16.7 tons)
  3. India (3.6 tons)
  4. Brazil (1.5 tons)

Source: IndexBox Market Intelligence Platform

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