Price for Steel, Stainless; Ingots and Other Primary Forms in Brazil - 2024
Contents:
- Price for Steel, Stainless; Ingots and Other Primary Forms in Brazil (CIF) - 2022
- Price for Steel, Stainless; Ingots and Other Primary Forms in Brazil (FOB) - 2022
- Imports of Steel, Stainless; Ingots and Other Primary Forms in Brazil
- Exports of Steel, Stainless; Ingots and Other Primary Forms in Brazil
Price for Steel, Stainless; Ingots and Other Primary Forms in Brazil (CIF) - 2022
The average import price for steel, stainless; ingots and other primary formses stood at $3,400 per ton in 2022, surging by 29% against the previous year. Overall, the import price, however, recorded a deep downturn. The growth pace was the most rapid in 2014 an increase of 190% against the previous year. As a result, import price attained the peak level of $24,595 per ton. From 2015 to 2022, the average 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 Germany ($10,666 per ton), while the price for India ($2,164 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+19.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Steel, Stainless; Ingots and Other Primary Forms in Brazil (FOB) - 2022
In 2022, the average export price for steel, stainless; ingots and other primary formses amounted to $18,267 per ton, growing by 4.9% against the previous year. Overall, the export price enjoyed resilient growth. The most prominent rate of growth was recorded in 2018 when the average export price increased by 414% against the previous year. The export price peaked in 2022 and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($42,017 per ton), while the average price for exports to Angola ($6,729 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+29.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Steel, Stainless; Ingots and Other Primary Forms in Brazil
In 2022, after three years of growth, there was significant decline in supplies from abroad of steel, stainless; ingots and other primary formses, when their volume decreased by -68.6% to 28 tons. In general, imports showed a sharp contraction. The growth pace was the most rapid in 2020 when imports increased by 25%.
In value terms, imports of steel, stainless; ingots and other primary formses declined sharply to $95K in 2022. Overall, imports continue to indicate a sharp curtailment. The growth pace was the most rapid in 2020 with an increase of 47% against the previous year. As a result, imports attained the peak of $366K. From 2021 to 2022, the growth of imports of failed to regain momentum.
Import of Steel, Stainless; Ingots and Other Primary Forms in Brazil (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | N/A | N/A | N/A | 44.8 | 0% |
China | N/A | N/A | 14.6 | 34.4 | 135.6% |
Germany | 11.0 | 33.8 | 8.0 | 11.1 | 0.3% |
United States | 153 | 332 | 12.0 | 4.1 | -70.1% |
Sweden | 33.1 | N/A | 193 | N/A | 141.5% |
Italy | 52.5 | 0.2 | 4.0 | N/A | -72.4% |
Others | 0.2 | 0.2 | 0.6 | 0.1 | -20.6% |
Total | 250 | 366 | 233 | 94.5 | -27.7% |
Top Suppliers of Steel, Stainless; Ingots and Other Primary Forms to Brazil in 2022:
- India (20.7 tons)
- China (4.7 tons)
- United States (1.3 tons)
- Germany (1.0 tons)
Exports of Steel, Stainless; Ingots and Other Primary Forms in Brazil
In 2022, after two years of decline, there was significant growth in shipments abroad of steel, stainless; ingots and other primary formses, when their volume increased by 62% to 1.3 tons. Over the period under review, exports, however, showed a sharp curtailment.
In value terms, exports of steel, stainless; ingots and other primary formses soared to $23K in 2022. In general, exports, however, saw a relatively flat trend pattern.
Export of Steel, Stainless; Ingots and Other Primary Forms in Brazil (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 1.6 | 0.8 | 3.4 | 8.7 | 75.8% |
Chile | 3.1 | 11.0 | 7.4 | 5.5 | 21.1% |
Canada | N/A | N/A | N/A | 5.0 | 0% |
Argentina | 2.1 | 2.7 | 0.7 | 1.5 | -10.6% |
Angola | N/A | N/A | N/A | 0.9 | 0% |
Uruguay | N/A | 0.5 | 0.3 | 0.7 | 18.3% |
Peru | N/A | 0.2 | 1.1 | 0.4 | 41.4% |
Belgium | 9.2 | N/A | N/A | N/A | 0% |
Marshall Islands | N/A | 0.1 | N/A | N/A | 0% |
India | 1.3 | 3.3 | N/A | N/A | 153.8% |
South Africa | N/A | 0.3 | N/A | N/A | 0% |
United Arab Emirates | 5.6 | N/A | N/A | N/A | 0% |
Others | 0.6 | 1.5 | 0.9 | 0.6 | 0.0% |
Total | 23.5 | 20.4 | 13.7 | 23.4 | -0.1% |
Top Export Markets for Steel, Stainless; Ingots and Other Primary Forms from Brazil in 2022:
- United States (545.0 kg)
- Argentina (198.0 kg)
- Angola (140.0 kg)
- Chile (137.0 kg)
- Canada (119.0 kg)
- Uruguay (56.0 kg)
- Peru (53.0 kg)
This report provides an in-depth analysis of the market for raw steel and steel semi-finished products in Brazil.
This report provides an in-depth analysis of the global market for raw steel and steel semi-finished products.
Explore the top import markets for raw steel and steel semi-finished products worldwide. Get key statistics and insights from the IndexBox market intelligence platform.
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