Price for Wire of Other Alloy Steel in Uruguay - 2022
Contents:
- Price for Wire of Other Alloy Steel in Uruguay (CIF) - 2022
- Price for Wire of Other Alloy Steel in Uruguay (FOB) - 2022
- Imports of Wire of Other Alloy Steel in Uruguay
- Exports of Wire of Other Alloy Steel in Uruguay
Price for Wire of Other Alloy Steel in Uruguay (CIF) - 2022
In 2022, the average import price for wire of other alloy steels amounted to $1,706 per ton, rising by 9.4% against the previous year. In general, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 30%. The import price peaked in 2022 and is likely to see steady growth in years to come.
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 Argentina ($2,189 per ton), while the price for Turkey ($1,443 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wire of Other Alloy Steel in Uruguay (FOB) - 2022
In 2022, the average export price for wire of other alloy steels amounted to $1,842 per ton, stabilizing at the previous year. Over the period under review, the export price showed a slight shrinkage. The most prominent rate of growth was recorded in 2021 a decrease of 99.9% against the previous year. Over the period under review, the average export prices reached the peak figure at $2,200 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
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 Slovenia ($20,429 per ton), while the average price for exports to Costa Rica stood at $1,355 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia (+9.8%).
Imports of Wire of Other Alloy Steel in Uruguay
In 2022, the amount of wire of other alloy steels imported into Uruguay skyrocketed to 454 tons, jumping by 39% compared with 2021. The total import volume increased at an average annual rate of +10.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, wire of other alloy steel imports surged to $775K in 2022. In general, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Wire of Other Alloy Steel in Uruguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 164 | 192 | 175 | 348 | 28.5% |
| Turkey | 59.0 | 65.4 | 95.1 | 283 | 68.6% |
| Argentina | 39.9 | 83.0 | 110 | 79.7 | 25.9% |
| Italy | 39.4 | 19.1 | 48.7 | 41.5 | 1.7% |
| Colombia | 40.0 | N/A | N/A | N/A | 0% |
| Others | 58.1 | 74.0 | 79.1 | 22.2 | -27.4% |
| Total | 400 | 433 | 508 | 775 | 24.7% |
Top Suppliers of Wire of Other Alloy Steel to Uruguay in 2022:
- Turkey (196.4 tons)
- China (185.2 tons)
- Argentina (36.4 tons)
- Italy (24.7 tons)
Exports of Wire of Other Alloy Steel in Uruguay
In 2022, exports of wire of other alloy steels from Uruguay stood at 5.2 tons, approximately reflecting the year before. In general, exports showed a sharp slump. The smallest decline of 99.9% was in 2021.
In value terms, wire of other alloy steel exports amounted to $9.6K in 2022. Over the period under review, exports continue to indicate a sharp contraction. The smallest decline of 99.9% was in 2021.
| Export of Wire of Other Alloy Steel in Uruguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Costa Rica | N/A | N/A | 6.9 | 0% | |
| Slovenia | 0.1 | N/A | 2.7 | 419.6% | |
| Argentina | 17.2 | N/A | N/A | 0% | |
| Others | 1.8 | N/A | N/A | 0% | |
| Total | 19.2 | N/A | 9.6 | -29.3% | |
Top Export Markets for Wire of Other Alloy Steel from Uruguay in 2022:
- Costa Rica (5.1 tons)
- Slovenia (0.1 tons)
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