Price for Steel, Alloy; Semi-Finished Products in Argentina - 2023
Contents:
- Price for Steel, Alloy; Semi-Finished Products in Argentina (CIF) - 2022
- Price for Steel, Alloy; Semi-Finished Products in Argentina (FOB) - 2022
- Imports of Steel, Alloy; Semi-Finished Products in Argentina
- Exports of Steel, Alloy; Semi-Finished Products in Argentina
Price for Steel, Alloy; Semi-Finished Products in Argentina (CIF) - 2022
The average steel, alloy; semi-finished products import price stood at $1,287 per ton in 2022, which is down by -15.6% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by 53% against the previous year. Over the period under review, average import prices reached the maximum at $1,526 per ton in 2021, and then declined remarkably in the following year.
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 China ($43,856 per ton), while the price for Italy ($1,227 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+39.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Steel, Alloy; Semi-Finished Products in Argentina (FOB) - 2022
In 2022, the average steel, alloy; semi-finished products export price amounted to $920 per ton, increasing by 3.9% against the previous year. In general, export price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, steel, alloy; semi-finished products export price increased by +60.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 when the average export price increased by 55% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see gradual growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($938 per ton), while the average price for exports to Brazil ($609 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 (+2.1%), while the prices for the other major destinations experienced a decline.
Imports of Steel, Alloy; Semi-Finished Products in Argentina
In 2022, overseas purchases of steel, alloy; semi-finished productses increased by 26% to 118 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, saw a dramatic slump.
In value terms, steel, alloy; semi-finished products imports reached $152K in 2022. In general, imports, however, recorded a precipitous setback.
| Import of Steel, Alloy; Semi-Finished Products in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 437 | 150 | 138 | 145 | -30.8% |
| Others | 33.5 | 10.7 | 4.9 | 6.4 | -42.4% |
| Total | 471 | 160 | 143 | 152 | -31.4% |
Top Suppliers of Steel, Alloy; Semi-Finished Products to Argentina in 2022:
- Brazil (113.9 tons)
Exports of Steel, Alloy; Semi-Finished Products in Argentina
In 2022, approx. 9.9K tons of steel, alloy; semi-finished productses were exported from Argentina; falling by -93.1% compared with 2021 figures. Overall, exports faced a precipitous setback. The most prominent rate of growth was recorded in 2021 with an increase of 619% against the previous year. As a result, the exports reached the peak of 142K tons, and then dropped notably in the following year.
In value terms, steel, alloy; semi-finished products exports fell significantly to $9.1M in 2022. Over the period under review, exports saw a sharp descent. The pace of growth appeared the most rapid in 2021 when exports increased by 1,012% against the previous year. As a result, the exports attained the peak of $126M, and then declined significantly in the following year.
| Export of Steel, Alloy; Semi-Finished Products in Argentina (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 26.4 | 8.9 | 122 | 8.7 | -30.9% |
| Mexico | 2.0 | 1.7 | 2.1 | 0.2 | -53.6% |
| Brazil | 0.3 | 0.8 | 1.6 | 0.1 | -30.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 28.6 | 11.3 | 126 | 9.1 | -31.7% |
Top Export Markets for Steel, Alloy; Semi-Finished Products from Argentina in 2022:
- Canada (9.3K tons)
- Mexico (0.3K tons)
- Brazil (0.2K tons)
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