Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Argentina - 2023
Contents:
- Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Argentina (CIF) - 2022
- Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Argentina (FOB) - 2022
- Imports of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Argentina
- Exports of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Argentina
Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Argentina (CIF) - 2022
The average import price for aluminium; alloys, bars, rods and profiles, other than hollows stood at $5,499 per ton in 2022, jumping by 19% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 20% against the previous year. Over the period under review, average import prices attained the peak figure at $5,710 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
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 the Czech Republic ($7,514 per ton), while the price for Russia ($4,637 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Paraguay (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Argentina (FOB) - 2022
In 2022, the average export price for aluminium; alloys, bars, rods and profiles, other than hollows amounted to $6,295 per ton, with an increase of 12% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. The growth pace was the most rapid in 2014 when the average export price increased by 16%. Over the period under review, the average export prices attained the maximum at $6,321 per ton in 2018; afterwards, it flattened through to 2022.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bolivia ($10,670 per ton), while the average price for exports to Uruguay ($5,782 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 Brazil (+11.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Argentina
In 2022, imports of aluminium; alloys, bars, rods and profiles, other than hollows into Argentina declined slightly to 3.2K tons, shrinking by -4% on 2021 figures. The total import volume increased at an average annual rate of +5.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 33%. As a result, imports attained the peak of 3.3K tons, and then shrank modestly in the following year.
In value terms, imports of aluminium; alloys, bars, rods and profiles, other than hollows rose notably to $18M in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +16.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +82.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 60%. Imports peaked in 2022 and are expected to retain growth in years to come.
Import of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Argentina (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 5.9 | 5.1 | 7.3 | 7.9 | 10.2% |
Brazil | 1.1 | 1.0 | 2.0 | 3.0 | 39.7% |
Italy | 0.6 | 0.7 | 0.9 | 1.2 | 26.0% |
Russia | 1.0 | 0.5 | 1.0 | 1.0 | 0.0% |
Paraguay | 0.8 | 0.5 | 0.8 | 0.9 | 4.0% |
Czech Republic | N/A | 0.1 | 0.5 | 0.7 | 164.6% |
Spain | 0.3 | 0.4 | 0.7 | 0.6 | 26.0% |
Hong Kong SAR | N/A | N/A | N/A | 0.5 | 0% |
South Korea | 0.7 | 0.4 | 1.0 | 0.4 | -17.0% |
Others | 0.8 | 1.0 | 1.2 | 1.4 | 20.5% |
Total | 11.1 | 9.7 | 15.5 | 17.6 | 16.6% |
Top Suppliers of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow to Argentina in 2022:
- China (1632.9 tons)
- Brazil (480.9 tons)
- Russia (221.7 tons)
- Italy (194.4 tons)
- Paraguay (156.3 tons)
- Hong Kong SAR (108.0 tons)
- Czech Republic (89.1 tons)
- Spain (84.2 tons)
- South Korea (70.0 tons)
Exports of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Argentina
After three years of growth, shipments abroad of aluminium; alloys, bars, rods and profiles, other than hollows decreased by -20.7% to 89 tons in 2022. The total export volume increased at an average annual rate of +5.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 30% against the previous year. As a result, the exports reached the peak of 112 tons, and then declined markedly in the following year.
In value terms, exports of aluminium; alloys, bars, rods and profiles, other than hollows contracted to $559K in 2022. The total export value increased at an average annual rate of +8.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 24% against the previous year. As a result, the exports attained the peak of $627K, and then contracted in the following year.
Export of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Argentina (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Uruguay | 271 | 397 | 562 | 447 | 18.2% |
Chile | 78.6 | 82.5 | 58.9 | 92.0 | 5.4% |
Bolivia | 40.1 | 19.3 | 5.9 | 19.4 | -21.5% |
Others | 44.6 | 7.3 | N/A | N/A | -83.6% |
Total | 434 | 507 | 627 | 559 | 8.8% |
Top Export Markets for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow from Argentina in 2022:
- Uruguay (77.4 tons)
- Chile (9.6 tons)
- Bolivia (1.8 tons)
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