Price for Steel, Stainless; Ingots and Other Primary Forms in Argentina - 2022
Contents:
- Price for Steel, Stainless; Ingots and Other Primary Forms in Argentina (CIF) - 2022
- Price for Steel, Stainless; Ingots and Other Primary Forms in Argentina (FOB) - 2022
- Imports of Steel, Stainless; Ingots and Other Primary Forms in Argentina
- Exports of Steel, Stainless; Ingots and Other Primary Forms in Argentina
Price for Steel, Stainless; Ingots and Other Primary Forms in Argentina (CIF) - 2022
The average import price for steel, stainless; ingots and other primary formses stood at $40,589 per ton in 2022, with a decrease of -30.6% against the previous year. In general, the import price, however, posted a remarkable increase. The most prominent rate of growth was recorded in 2020 an increase of 130% against the previous year. Over the period under review, average import prices attained the peak figure at $58,522 per ton in 2021, and then fell significantly in the following year.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +20.3% per year.
Price for Steel, Stainless; Ingots and Other Primary Forms in Argentina (FOB) - 2022
The average export price for steel, stainless; ingots and other primary formses stood at $847 per ton in 2022, falling by -8.6% against the previous year. In general, the export price saw a deep downturn. The pace of growth appeared the most rapid in 2016 an increase of 10% against the previous year. Over the period under review, the average export prices reached the maximum at $1,593 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the Netherlands.
From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to -0.1% per year.
Imports of Steel, Stainless; Ingots and Other Primary Forms in Argentina
Imports of steel, stainless; ingots and other primary formses into Argentina skyrocketed to 9.2 tons in 2022, picking up by 154% compared with 2021. Over the period under review, imports, however, showed a abrupt contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 171% against the previous year.
In value terms, imports of steel, stainless; ingots and other primary formses soared to $374K in 2022. In general, imports recorded a resilient expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 315% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Import of Steel, Stainless; Ingots and Other Primary Forms in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 251 | 48.5 | 210 | 373 | 14.1% |
| Others | 2.8 | 2.7 | 2.9 | 1.5 | -18.8% |
| Total | 254 | 51.3 | 213 | 374 | 13.8% |
Top Suppliers of Steel, Stainless; Ingots and Other Primary Forms to Argentina in 2022:
- United States (9.2 tons)
Exports of Steel, Stainless; Ingots and Other Primary Forms in Argentina
For the third consecutive year, Argentina recorded decline in overseas shipments of steel, stainless; ingots and other primary formses, which decreased by -4.4% to 79 tons in 2022. Overall, exports saw a pronounced setback. The smallest decline of -4.4% was in 2020.
In value terms, exports of steel, stainless; ingots and other primary formses shrank to $67K in 2022. Over the period under review, exports faced a abrupt descent. The smallest decline of -12.6% was in 2021.
| Export of Steel, Stainless; Ingots and Other Primary Forms in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 100 | 87.4 | 76.4 | 66.7 | -12.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 100 | 87.4 | 76.4 | 66.7 | -12.6% |
Top Export Markets for Steel, Stainless; Ingots and Other Primary Forms from Argentina in 2022:
- Netherlands (78.7 tons)
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