Price for Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Uruguay - 2023
Contents:
- Price for Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Uruguay (CIF) - 2022
- Imports of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Uruguay
Price for Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Uruguay (CIF) - 2022
The average import price for iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coilses stood at $793 per ton in 2022, almost unchanged from the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 35% against the previous year. The import price peaked at $888 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mexico ($1,026 per ton), while the price for China ($560 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+2.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Uruguay
In 2022, after three years of growth, there was significant decline in purchases abroad of iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coilses, when their volume decreased by -69.1% to 5.7K tons. In general, imports recorded a perceptible reduction. The pace of growth appeared the most rapid in 2020 when imports increased by 92% against the previous year.
In value terms, imports of iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coilses shrank sharply to $4.5M in 2022. Over the period under review, imports, however, recorded a noticeable expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 101% against the previous year. As a result, imports reached the peak of $14M, and then shrank remarkably in the following year.
| Import of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Uruguay (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 2.0 | 2.3 | 5.5 | 1.8 | -3.5% |
| Brazil | 1.0 | 2.9 | 3.8 | 1.5 | 14.5% |
| Spain | 0.1 | 0.4 | 2.0 | 0.7 | 91.3% |
| Turkey | N/A | 1.1 | 2.6 | 0.3 | -47.8% |
| Mexico | 0.7 | 0.5 | 0.5 | 0.1 | -47.7% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 3.9 | 7.2 | 14.4 | 4.5 | 4.9% |
Top Suppliers of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils to Uruguay in 2022:
- Argentina (2243.0 tons)
- Brazil (1723.6 tons)
- Spain (1146.0 tons)
- Turkey (380.2 tons)
- Mexico (113.2 tons)
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