Report Latin America and the Caribbean - U-Sections of Non-Alloy Steel - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Mar 1, 2025

Latin America and the Caribbean - U-Sections of Non-Alloy Steel - Market Analysis, Forecast, Size, Trends and Insights

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Latin America and the Caribbean: Non-Alloy Steel U-Section Market 2025

Non-Alloy Steel U-Section Market Size in Latin America and the Caribbean

The Latin American non-alloy steel u-section market dropped slightly to $X in 2022, remaining stable against the previous year. Overall, consumption continues to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2021 when the market value increased by 5.8%. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Non-Alloy Steel U-Section Production in Latin America and the Caribbean

In value terms, non-alloy steel u-section production shrank modestly to $X in 2022 estimated in export price. Over the period under review, production showed a abrupt descent. The most prominent rate of growth was recorded in 2018 with an increase of 5.6% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Non-Alloy Steel U-Section Exports

Exports in Latin America and the Caribbean

Non-alloy steel u-section exports soared to X tons in 2022, rising by 30% on the year before. Total exports indicated noticeable growth from 2012 to 2022: its volume increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +45.9% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 45%. The volume of export peaked at X tons in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, non-alloy steel u-section exports skyrocketed to $X in 2022. Over the period under review, exports saw buoyant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Mexico dominates exports structure, finishing at X tons, which was approx. 90% of total exports in 2022. Guatemala (X tons), Honduras (X tons) and Brazil (X tons) took a relatively small share of total exports.

Exports from Mexico increased at an average annual rate of +4.8% from 2012 to 2022. At the same time, Guatemala (+13.6%) and Honduras (+8.3%) displayed positive paces of growth. Moreover, Guatemala emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of +13.6% from 2012-2022. By contrast, Brazil (-12.8%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Mexico and Guatemala increased by +11 and +2 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) remains the largest non-alloy steel u-section supplier in Latin America and the Caribbean, comprising 92% of total exports. The second position in the ranking was held by Guatemala ($X), with a 3.4% share of total exports. It was followed by Brazil, with a 1.7% share.

In Mexico, non-alloy steel u-section exports expanded at an average annual rate of +8.8% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Guatemala (+15.2% per year) and Brazil (-11.6% per year).

Export Prices by Country

In 2022, the export price in Latin America and the Caribbean amounted to $X per ton, increasing by 44% against the previous year. Export price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, non-alloy steel u-section export price increased by +99.2% against 2020 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Guatemala ($X per ton), while Honduras ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+3.8%), while the other leaders experienced more modest paces of growth.

Non-Alloy Steel U-Section Imports

Imports in Latin America and the Caribbean

In 2022, approx. X tons of u-sections of non-alloy steel were imported in Latin America and the Caribbean; shrinking by -11.9% compared with the previous year. Overall, imports continue to indicate a pronounced descent. The pace of growth appeared the most rapid in 2021 with an increase of 17% against the previous year. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, non-alloy steel u-section imports skyrocketed to $X in 2022. In general, imports showed a mild curtailment. The growth pace was the most rapid in 2021 with an increase of 58% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Argentina represented the main importer of u-sections of non-alloy steel in Latin America and the Caribbean, with the volume of imports reaching X tons, which was approx. 33% of total imports in 2022. Mexico (X tons) took a 14% share (based on physical terms) of total imports, which put it in second place, followed by Colombia (8%), Uruguay (7%) and Chile (6.1%). The following importers - Peru (X tons), the Dominican Republic (X tons), Guatemala (X tons), Panama (X tons), Brazil (X tons), Costa Rica (X tons), Cuba (X tons) and Guyana (X tons) - together made up 23% of total imports.

Imports into Argentina increased at an average annual rate of +3.2% from 2012 to 2022. At the same time, Panama (+153.4%), Guyana (+12.6%) and the Dominican Republic (+6.9%) displayed positive paces of growth. Moreover, Panama emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of +153.4% from 2012-2022. Uruguay and Costa Rica experienced a relatively flat trend pattern. By contrast, Guatemala (-2.1%), Colombia (-4.2%), Chile (-5.6%), Brazil (-5.7%), Peru (-7.4%), Mexico (-10.0%) and Cuba (-12.0%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Argentina, Panama, Uruguay and the Dominican Republic increased by +17, +2.9, +2.4 and +2.3 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest non-alloy steel u-section importing markets in Latin America and the Caribbean were Argentina ($X), Mexico ($X) and Uruguay ($X), with a combined 60% share of total imports. Chile, Colombia, the Dominican Republic, Guatemala, Panama, Peru, Brazil, Costa Rica, Guyana and Cuba lagged somewhat behind, together accounting for a further 32%.

Panama, with a CAGR of +157.0%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Latin America and the Caribbean amounted to $X per ton, growing by 31% against the previous year. Import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, non-alloy steel u-section import price increased by +76.3% against 2020 indices. The pace of growth appeared the most rapid in 2021 an increase of 35% against the previous year. Over the period under review, import prices reached the maximum in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Mexico ($X per ton), while Peru ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+5.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of in 2021 were Brazil, Mexico and Venezuela, together accounting for 88% of total consumption. Argentina, Honduras and Nicaragua lagged somewhat behind, together accounting for a further 6.5%.
The countries with the highest volumes of in 2021 were Brazil, Mexico and Venezuela, together accounting for 96% of total production.
In value terms, Mexico remains the largest non-alloy steel u-section supplier in Latin America and the Caribbean, comprising 83% of total exports. The second position in the ranking was occupied by Guatemala, with a 6.2% share of total exports. It was followed by Brazil, with a 4.2% share.
In value terms, Argentina, Mexico and Brazil constituted the countries with the highest levels of imports in 2021, with a combined 52% share of total imports. These countries were followed by Chile, Colombia, Peru, Guatemala, Uruguay, Paraguay, the Dominican Republic, Guyana, Cuba and Costa Rica, which together accounted for a further 39%.
In 2021, the export price in Latin America and the Caribbean amounted to $798 per ton, with an increase of 38% against the previous year.
In 2021, the import price in Latin America and the Caribbean amounted to $766 per ton, increasing by 20% against the previous year.

This report provides an in-depth analysis of the non-alloy steel u-section market in Latin America and the Caribbean. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 24107110 - U-sections of a web height of .80 mm or more (of non-alloy steel)

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in Latin America and the Caribbean, split by region and country
  • Trade (exports and imports) in Latin America and the Caribbean
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2024
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • Anguilla
    • Antigua and Barbuda
    • Argentina
    • Aruba
    • Bahamas
    • Barbados
    • Belize
    • Bolivia
    • Brazil
    • British Virgin Islands
    • Cayman Islands
    • Chile
    • Colombia
    • Costa Rica
    • Cuba
    • Curacao
    • Dominica
    • Dominican Republic
    • Ecuador
    • El Salvador
    • Falkland Islands (Malvinas)
    • French Guiana
    • Grenada
    • Guadeloupe
    • Guatemala
    • Guyana
    • Haiti
    • Honduras
    • Jamaica
    • Martinique
    • Mexico
    • Montserrat
    • Nicaragua
    • Panama
    • Paraguay
    • Peru
    • Saint Kitts and Nevis
    • Saint Lucia
    • Saint Vincent and the Grenadines
    • Saint Maarten (Dutch part)
    • Suriname
    • Trinidad and Tobago
    • Turks and Caicos Islands
    • United States Virgin Islands
    • Uruguay
    • Venezuela
    • Puerto Rico
  12. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption, By Country, 2018–2024
    5. Production, In Physical Terms, By Country, 2012–2024
    6. Imports, In Physical Terms, By Country, 2012–2024
    7. Imports, In Value Terms, By Country, 2012–2024
    8. Import Prices, By Country Of Destination, 2012–2024
    9. Exports, In Physical Terms, By Country, 2012–2024
    10. Exports, In Value Terms, By Country, 2012–2024
    11. Export Prices, By Country Of Origin, 2012–2024
  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Consumption, By Country, 2024
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2024
    18. Production, In Value Terms, 2012–2024
    19. Production, By Country, 2024
    20. Production, In Physical Terms, By Country, 2012–2024
    21. Imports, In Physical Terms, 2012–2024
    22. Imports, In Value Terms, 2012–2024
    23. Imports, In Physical Terms, By Country, 2024
    24. Imports, In Physical Terms, By Country, 2012–2024
    25. Imports, In Value Terms, By Country, 2012–2024
    26. Import Prices, By Country, 2012–2024
    27. Exports, In Physical Terms, 2012–2024
    28. Exports, In Value Terms, 2012–2024
    29. Exports, In Physical Terms, By Country, 2024
    30. Exports, In Physical Terms, By Country, 2012–2024
    31. Exports, In Value Terms, By Country, 2012–2024
    32. Export Prices, 2012–2024

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