Alloy Steel Powders Price in Argentina - 2023

Alloy Steel Powders Price in Argentina (CIF) - 2022

In 2022, the average alloy steel powders import price amounted to $21,354 per ton, picking up by 36% against the previous year. In general, the import price continues to indicate significant growth. The most prominent rate of growth was recorded in 2014 when the average import price increased by 67%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($34,610 per ton), while the price for Brazil ($6,386 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 (+19.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Alloy Steel Powders Price in Argentina (FOB) - 2022

The average alloy steel powders export price stood at $34,224 per ton in 2022, falling by -3% against the previous year. Over the period under review, the export price, however, showed buoyant growth. The most prominent rate of growth was recorded in 2015 when the average export price increased by 66%. The export price peaked at $35,283 per ton in 2021, and then reduced modestly in the following year.

As there is only one major export destination, the average price level is determined by prices for Brazil.

From 2012 to 2022, the rate of growth in terms of prices for Brazil amounted to +12.3% per year.

Alloy Steel Powders Imports in Argentina

In 2022, the amount of alloy steel powderses imported into Argentina contracted rapidly to 12 tons, which is down by -22.8% on 2021. Overall, imports saw a noticeable contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 65%. As a result, imports attained the peak of 15 tons, and then reduced notably in the following year.

In value terms, alloy steel powders imports rose notably to $251K in 2022. In general, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +20.5% 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 +75.0% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 53%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Import of Alloy Steel Powders in Argentina (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Belgium	29.2	42.2	67.2	94.4	47.9%
Japan	4.3	17.1	17.8	41.4	112.7%
Sweden	33.7	12.0	10.2	18.3	-18.4%
United States	16.2	21.8	7.9	10.3	-14.0%
Brazil	53.1	41.8	62.2	10.1	-42.5%
Spain	0.9	1.0	0.7	1.2	10.1%
Others	5.9	20.2	72.0	75.2	133.6%
Total	143	156	238	251	20.6%

Top Suppliers of Alloy Steel Powders to Argentina in 2022:

Japan (3.1 tons)
Belgium (2.7 tons)
Sweden (1.9 tons)
Brazil (1.6 tons)
United States (0.5 tons)
Spain (0.2 tons)

Alloy Steel Powders Exports in Argentina

In 2022, shipments abroad of alloy steel powderses decreased by -37.6% to 499 kg for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 304% against the previous year. As a result, the exports reached the peak of 800 kg, and then dropped rapidly in the following year.

In value terms, alloy steel powders exports dropped significantly to $17K in 2022. Over the period under review, exports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 376% against the previous year. As a result, the exports reached the peak of $28K, and then reduced dramatically in the following year.