Argentina: Iron Angle Market 2025

Iron Angle Market Size in Argentina

The Argentinian iron angle market stood at $X in 2021, growing by 12% against the previous year. Overall, consumption recorded a relatively flat trend pattern. Iron angle consumption peaked in 2021 and is likely to see steady growth in years to come.

Iron Angle Production in Argentina

In value terms, iron angle production amounted to $X in 2021 estimated in export price. In general, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the production volume increased by 25% against the previous year. Iron angle production peaked at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Iron Angle Exports

Exports from Argentina

In 2021, overseas shipments of angles, shapes and sections (of iron or non-alloy steel) decreased by -8.2% to X tons for the first time since 2017, thus ending a three-year rising trend. Overall, exports, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2018 with an increase of 178% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2020, and then dropped in the following year.

In value terms, iron angle exports surged to $X in 2021. In general, exports, however, saw a measured increase. The growth pace was the most rapid in 2018 with an increase of 227%. Over the period under review, the exports attained the maximum in 2021 and are likely to continue growth in the immediate term.

Exports by Country

Uruguay (X tons) was the main destination for iron angle exports from Argentina, accounting for a 61% share of total exports. Moreover, iron angle exports to Uruguay exceeded the volume sent to the second major destination, Bolivia (X tons), twofold. The third position in this ranking was held by Brazil (X tons), with a 9.1% share.

From 2012 to 2021, the average annual growth rate of volume to Uruguay stood at +2.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bolivia (+14.2% per year) and Brazil (+18.8% per year).

In value terms, Uruguay ($X), Bolivia ($X) and Brazil ($X) appeared to be the largest markets for iron angle exported from Argentina worldwide, with a combined 95% share of total exports.

Bolivia, with a CAGR of +13.7%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average iron angle export price stood at $X per ton in 2021, with an increase of 27% against the previous year. In general, the export price, however, continues to indicate a noticeable setback. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major external markets. In 2021, amid the top suppliers, the highest price was recorded for prices to Paraguay ($X per ton) and Bolivia ($X per ton), while the average price for exports to Brazil ($X per ton) and Uruguay ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Paraguay (-0.4%), while the prices for the other major destinations experienced a decline.

Iron Angle Imports

Imports into Argentina

In 2021, approx. X tons of angles, shapes and sections (of iron or non-alloy steel) were imported into Argentina; jumping by 40% against the previous year. Overall, total imports indicated notable growth from 2012 to 2021: its volume increased at an average annual rate of +2.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +7.0% against 2017 indices. The most prominent rate of growth was recorded in 2017 with an increase of 98% against the previous year. Over the period under review, imports attained the maximum in 2021 and are expected to retain growth in the immediate term.

In value terms, iron angle imports skyrocketed to $X in 2021. Over the period under review, total imports indicated a slight increase from 2012 to 2021: its value increased at an average annual rate of +1.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 with an increase of 85% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in the immediate term.

Imports by Country

Brazil (X tons), Turkey (X tons) and Spain (X tons) were the main suppliers of iron angle imports to Argentina, with a combined 76% share of total imports. Mexico, Poland and Bahrain lagged somewhat behind, together accounting for a further 11%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Mexico (with a CAGR of +45.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), Turkey ($X) and Spain ($X) constituted the largest iron angle suppliers to Argentina, with a combined 75% share of total imports. Mexico, Poland and Bahrain lagged somewhat behind, together comprising a further 13%.

Among the main suppliers, Mexico, with a CAGR of +43.8%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average iron angle import price stood at $X per ton in 2021, surging by 30% against the previous year. In general, the import price, however, saw a slight decline. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the countries with the highest prices were Poland ($X per ton) and Bahrain ($X per ton), while the price for Turkey ($X per ton) and Brazil ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+1.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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