Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Argentina - 2023

Contents:

1. Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Argentina (CIF) - 2022
2. Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Argentina (FOB) - 2022
3. Imports of Tubing; Flexible, with or Without Fittings, of Base Metal in Argentina
4. Exports of Tubing; Flexible, with or Without Fittings, of Base Metal in Argentina

Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Argentina (CIF) - 2022

The average import price for tubing; flexible, with or without fittings, of base metals stood at $9,574 per ton in 2022, with a decrease of -3.9% against the previous year. In general, the import price continues to indicate a pronounced decline. The most prominent rate of growth was recorded in 2019 an increase of 30% against the previous year. Over the period under review, average import prices attained the peak figure at $14,229 per ton in 2017; however, from 2018 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 Germany ($51,173 per ton), while the price for the United States ($5,771 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Argentina (FOB) - 2022

The average export price for tubing; flexible, with or without fittings, of base metals stood at $12,599 per ton in 2022, jumping by 52% against the previous year. Over the period under review, export price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for tubing; flexible, with or without fittings, of base metals increased by +105.8% against 2018 indices. Over the period under review, the average export prices reached the maximum at $12,639 per ton in 2013; afterwards, it flattened through to 2022.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($75,320 per ton), while the average price for exports to Paraguay ($6,085 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 Brazil (+14.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tubing; Flexible, with or Without Fittings, of Base Metal in Argentina

In 2022, approx. 1K tons of tubing; flexible, with or without fittings, of base metals were imported into Argentina; picking up by 6.2% on the year before. In general, total imports indicated a pronounced expansion from 2019 to 2022: its volume increased at an average annual rate of +3.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +77.2% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 67%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of tubing; flexible, with or without fittings, of base metals stood at $10M in 2022. Over the period under review, imports, however, showed a drastic downturn. The growth pace was the most rapid in 2021 when imports increased by 40% against the previous year.

Top Suppliers of Tubing; Flexible, with or Without Fittings, of Base Metal to Argentina in 2022:

1. United States (699.7 tons)
2. China (248.3 tons)
3. India (40.5 tons)
4. Turkey (28.6 tons)

Exports of Tubing; Flexible, with or Without Fittings, of Base Metal in Argentina

In 2022, overseas shipments of tubing; flexible, with or without fittings, of base metals increased by 70% to 50 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, continue to indicate a drastic downturn.

In value terms, exports of tubing; flexible, with or without fittings, of base metals skyrocketed to $632K in 2022. Over the period under review, exports saw a prominent expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Tubing; Flexible, with or Without Fittings, of Base Metal from Argentina in 2022:

1. Uruguay (25.2 tons)
2. Paraguay (18.7 tons)
3. Brazil (3.1 tons)
4. United States (1.8 tons)
5. Chile (0.5 tons)

Source: IndexBox Market Intelligence Platform