Price for Iron or Steel; Cast Articles in Paraguay - 2024

Contents:

1. Price for Iron or Steel; Cast Articles in Paraguay (CIF) - 2022
2. Price for Iron or Steel; Cast Articles in Paraguay (FOB) - 2022
3. Imports of Iron or Steel; Cast Articles in Paraguay
4. Exports of Iron or Steel; Cast Articles in Paraguay

Price for Iron or Steel; Cast Articles in Paraguay (CIF) - 2022

In 2022, the average import price for iron or steel; cast articleses amounted to $3,006 per ton, growing by 56% against the previous year. Over the period under review, the import price, however, continues to indicate a pronounced curtailment. The import price peaked at $4,879 per ton in 2012; however, from 2013 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 Spain ($6,878 per ton), while the price for Chile ($1,124 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.6%), while the prices for the other major suppliers experienced a decline.

Price for Iron or Steel; Cast Articles in Paraguay (FOB) - 2022

In 2022, the average export price for iron or steel; cast articleses amounted to $9,802 per ton, picking up by 25% against the previous year. Overall, the export price saw a prominent increase. The most prominent rate of growth was recorded in 2014 when the average export price increased by 1,164% against the previous year. As a result, the export price reached the peak level of $10,000 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Uruguay ($9,911 per ton), while the average price for exports to Chile totaled $6,400 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+1.6%).

Imports of Iron or Steel; Cast Articles in Paraguay

In 2022, the amount of iron or steel; cast articleses imported into Paraguay soared to 1.3K tons, with an increase of 49% on 2021 figures. Over the period under review, imports, however, recorded a mild shrinkage.

In value terms, iron or steel; cast articles imports skyrocketed to $4M in 2022. In general, imports posted strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Iron or Steel; Cast Articles to Paraguay in 2022:

1. Brazil (519.5 tons)
2. Chile (442.3 tons)
3. China (166.1 tons)
4. United States (145.4 tons)
5. Spain (26.1 tons)

Exports of Iron or Steel; Cast Articles in Paraguay

For the third consecutive year, Paraguay recorded decline in overseas shipments of iron or steel; cast articleses, which decreased by -63.5% to 162 kg in 2022. Overall, exports continue to indicate a sharp contraction.

In value terms, iron or steel; cast articles exports contracted significantly to $1.6K in 2022. Over the period under review, exports showed a sharp slump. The most prominent rate of growth was recorded in 2020 with an increase of 1.2%. As a result, the exports reached the peak of $11K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Top Export Markets for Iron or Steel; Cast Articles from Paraguay in 2022:

1. Uruguay (157.0 kg)
2. Chile (5.0 kg)

Source: IndexBox Market Intelligence Platform