Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Argentina - 2023

Contents:

1. Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Argentina (CIF) - 2022
2. Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Argentina (FOB) - 2022
3. Imports of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Argentina
4. Exports of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Argentina

Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Argentina (CIF) - 2022

In 2022, the average import price for steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s amounted to $5,495 per ton, rising by 49% against the previous year. Over the period under review, the import price, however, showed a perceptible decrease. Over the period under review, average import prices hit record highs at $9,382 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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 Brazil ($26,279 per ton), while the price for the United States ($4,567 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+11.9%), while the prices for the other major suppliers experienced a decline.

Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Argentina (FOB) - 2022

The average export price for steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s stood at $27,667 per ton in 2021, growing by 40% against the previous year. Over the period under review, the export price continues to indicate a significant expansion. The growth pace was the most rapid in 2013 an increase of 588% against the previous year. The export price peaked at $41,391 per ton in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Colombia.

From 2012 to 2021, the rate of growth in terms of prices for Colombia amounted to +56.9% per year.

Imports of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Argentina

In 2022, the amount of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s imported into Argentina rose significantly to 122 tons, growing by 6.9% against 2021. In general, imports recorded a perceptible expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 279% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s skyrocketed to $671K in 2022. Overall, imports posted a resilient increase. The growth pace was the most rapid in 2021 with an increase of 195%. Over the period under review, imports of reached the peak figure in 2022 and are likely to see steady growth in years to come.

Top Suppliers of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 to Argentina in 2022:

1. China (66.9 tons)
2. United States (45.9 tons)
3. India (5.5 tons)
4. Sweden (2.8 tons)

Exports of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Argentina

In 2021, shipments abroad of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s decreased by -87% to 3 kg for the first time since 2018, thus ending a two-year rising trend. Over the period under review, exports, however, posted a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 1,050%. As a result, the exports reached the peak of 23 kg, and then declined remarkably in the following year.

In value terms, exports of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s fell remarkably to $83 in 2021. In general, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 1,959% against the previous year. As a result, the exports attained the peak of $453, and then reduced sharply in the following year.

Top Export Markets for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 from Argentina in 2022:

1. Colombia (3.0 kg)