Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Uruguay - 2023

Contents:

  1. Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Uruguay (CIF) - 2022
  2. Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Uruguay (FOB) - 2022
  3. Imports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Uruguay
  4. Exports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Uruguay

Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Uruguay (CIF) - 2022

The average import price for steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia stood at $12,073 per ton in 2022, surging by 77% against the previous year. Overall, the import price saw a relatively flat trend pattern. Over the period under review, average import prices attained the peak figure at $13,084 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

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 Finland ($50,840 per ton), while the price for China ($8,641 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+16.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Uruguay (FOB) - 2022

In 2022, the average export price for steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia amounted to $4,188 per ton, approximately reflecting the previous year. In general, the export price saw a abrupt contraction. The pace of growth appeared the most rapid in 2015 when the average export price increased by 75%. Over the period under review, the average export prices reached the peak figure at $87,857 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Slovenia amounted to -84.0% per year.

Imports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Uruguay

In 2022, overseas purchases of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia decreased by -59.5% to 7.2 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 195%. As a result, imports reached the peak of 18 tons, and then shrank remarkably in the following year.

In value terms, imports of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia shrank sharply to $86K in 2022. Overall, imports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 181% against the previous year. As a result, imports attained the peak of $121K, and then declined rapidly in the following year.

Import of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
LithuaniaN/AN/AN/A19.30%
Brazil3.96.410.519.069.5%
China9.616.364.816.319.3%
Italy2.21.58.79.160.5%
IndiaN/AN/AN/A8.50%
Finland0.42.29.16.4152.0%
Argentina0.46.114.30.720.5%
Others9.910.513.17.3-9.7%
Total26.342.912186.548.7%

Top Suppliers of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section to Uruguay in 2022:

  1. Lithuania (2134.0 kg)
  2. China (1886.0 kg)
  3. Brazil (1758.0 kg)
  4. Italy (640.0 kg)
  5. India (300.0 kg)
  6. Finland (125.0 kg)
  7. Argentina (33.0 kg)

Exports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Uruguay

In 2022, approx. 11 tons of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia were exported from Uruguay; almost unchanged from the previous year's figure. Over the period under review, exports saw significant growth. The smallest decline of 99.9% was in 2021. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, exports of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia amounted to $45K in 2022. Overall, exports saw a significant increase. The smallest decline of 99.9% was in 2021. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.

Export of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Uruguay (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
ArgentinaN/AN/A44.20%
Others0.1N/A0.5123.6%
Total0.1N/A44.82016.6%

Top Export Markets for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section from Uruguay in 2022:

  1. Argentina (10.7 tons)

Source: IndexBox Market Intelligence Platform

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