Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Brazil - 2024

Contents:

  1. Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Brazil (CIF) - 2022
  2. Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Brazil (FOB) - 2022
  3. Imports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Brazil
  4. Exports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Brazil

Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Brazil (CIF) - 2022

The average import price for steel, stainless; semi-finished products, other than of rectangular cross-sectia stood at $29,859 per ton in 2022, declining by -1.9% against the previous year. Overall, the import price, however, saw a resilient increase. The most prominent rate of growth was recorded in 2021 when the average import price increased by 46%. As a result, import price reached the peak level of $30,429 per ton, and then dropped modestly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($253,651 per ton), while the price for Italy ($15,990 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+25.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Brazil (FOB) - 2022

The average export price for steel, stainless; semi-finished products, other than of rectangular cross-sectia stood at $58,371 per ton in 2022, increasing by 77% against the previous year. In general, the export price recorded a significant increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by 226% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($207,883 per ton), while the average price for exports to Paraguay ($29,453 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 Argentina (+25.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Brazil

In 2022, overseas purchases of steel, stainless; semi-finished products, other than of rectangular cross-sectia were finally on the rise to reach 45 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, continue to indicate a sharp setback.

In value terms, imports of steel, stainless; semi-finished products, other than of rectangular cross-sectia soared to $1.4M in 2022. Over the period under review, imports, however, recorded a abrupt contraction. The pace of growth was the most pronounced in 2021 when imports increased by 32%.

Import of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Brazil (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
BelgiumN/A6.7193582832.0%
United States702260469337-21.7%
China35568.8175194-18.2%
Germany183261110153-5.8%
Japan0.7N/A20.748.2309.9%
United Kingdom54357.93.98.9-74.6%
Italy10.980.766.16.6-15.4%
Sweden72.018.6N/AN/A-74.2%
Others11092.278.324.3-39.5%
Total1,9778461,1151,354-11.9%

Top Suppliers of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section to Brazil in 2022:

  1. Belgium (23.5 tons)
  2. China (11.0 tons)
  3. Germany (5.0 tons)
  4. Japan (2.5 tons)
  5. United States (1.3 tons)
  6. Italy (0.4 tons)
  7. United Kingdom (0.3 tons)

Exports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Brazil

In 2022, shipments abroad of steel, stainless; semi-finished products, other than of rectangular cross-sectia decreased by -29.5% to 8.2 tons, falling for the second year in a row after two years of growth. Over the period under review, exports showed a sharp downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 146%. As a result, the exports attained the peak of 53 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of steel, stainless; semi-finished products, other than of rectangular cross-sectia surged to $481K in 2022. In general, exports, however, recorded a moderate increase. The growth pace was the most rapid in 2020 when exports increased by 74% against the previous year. As a result, the exports reached the peak of $747K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Brazil (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada48.416933114343.5%
GermanyN/AN/AN/A1200%
SwedenN/AN/AN/A97.70%
Argentina0.72.33.547.6308.2%
United States11.34.723.638.951.0%
Saudi ArabiaN/AN/AN/A15.10%
Paraguay1.90.80.98.766.1%
Spain351543N/AN/A54.7%
Guatemala9.2N/A0.4N/A-79.1%
Others6.727.226.79.612.7%
Total4297473864813.9%

Top Export Markets for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section from Brazil in 2022:

  1. Canada (2701.0 kg)
  2. Germany (2587.0 kg)
  3. Argentina (1055.0 kg)
  4. United States (474.0 kg)
  5. Sweden (470.0 kg)
  6. Paraguay (296.0 kg)
  7. Saudi Arabia (292.0 kg)
  8. Spain (1.0 kg)

Source: IndexBox Market Intelligence Platform

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