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

Contents:

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

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

In 2022, the average import price for steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia amounted to $18,760 per ton, growing by 24% against the previous year. Over the period under review, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +2.3% 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, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia increased by +116.9% against 2020 indices. The growth pace was the most rapid in 2021 when the average import price increased by 75%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($82,378 per ton), while the price for Japan ($7,505 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+41.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia stood at $3,229 per ton in 2022, waning by -65.3% against the previous year. Overall, the export price, however, continues to indicate a temperate increase. The pace of growth was the most pronounced in 2015 an increase of 241% against the previous year. Over the period under review, the average export prices attained the peak figure at $15,288 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($8,411 per ton), while the average price for exports to Panama ($1,743 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 Canada (+31.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, approx. 322 tons of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia were imported into Argentina; which is down by -31.1% compared with 2021 figures. Over the period under review, imports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of 26%.

In value terms, imports of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia declined to $6M in 2022. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 120% against the previous year. As a result, imports reached the peak of $7.1M, and then declined in the following year.

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

1. Spain (117.7 tons)
2. China (90.6 tons)
3. Japan (85.1 tons)
4. United States (15.5 tons)
5. Italy (5.2 tons)
6. Ukraine (0.6 tons)

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

For the third consecutive year, Argentina recorded decline in shipments abroad of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia, which decreased by -71.6% to 8.6 tons in 2022. Over the period under review, exports faced a significant contraction. The smallest decline of -47.5% was in 2021.

In value terms, exports of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia shrank rapidly to $28K in 2022. Overall, exports showed a significant decrease. The pace of growth appeared the most rapid in 2020 with an increase of 7.3% against the previous year. As a result, the exports reached the peak of $886K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

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

1. Panama (6.6 tons)
2. Paraguay (1.7 tons)

Source: IndexBox Market Intelligence Platform