Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Ecuador - 2022
Contents:
- Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Ecuador (FOB) - 2022
- Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Ecuador (CIF) - 2022
- Exports of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Ecuador
- Imports of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Ecuador
Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Ecuador (FOB) - 2022
In 2022, the average export price for aluminium; alloys, bars, rods and profiles, other than hollows amounted to $4,867 per ton, with an increase of 37% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.8%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Colombia ($5,082 per ton), while the average price for exports to the United States amounted to $4,812 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (+3.2%).
Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Ecuador (CIF) - 2022
In 2022, the average import price for aluminium; alloys, bars, rods and profiles, other than hollows amounted to $4,548 per ton, waning by -4% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 29% against the previous year. As a result, import price attained the peak level of $4,736 per ton, and then fell modestly in the following year.
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 Spain ($10,381 per ton), while the price for China ($3,829 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Ecuador
In 2022, after three years of growth, there was decline in overseas shipments of aluminium; alloys, bars, rods and profiles, other than hollows, when their volume decreased by -3.4% to 9.8K tons. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +13.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +46.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 31% against the previous year. As a result, the exports attained the peak of 10K tons, and then shrank in the following year.
In value terms, exports of aluminium; alloys, bars, rods and profiles, other than hollows skyrocketed to $48M in 2022. Overall, exports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 44% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to see gradual growth in the near future.
Export of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Ecuador (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 15.7 | 20.0 | 28.3 | 37.5 | 33.7% |
Colombia | 6.1 | 4.6 | 7.3 | 10.0 | 17.9% |
Others | 0.8 | 0.4 | 0.4 | 0.1 | -50.0% |
Total | 22.6 | 25.0 | 36.0 | 47.6 | 28.2% |
Top Export Markets for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow from Ecuador in 2022:
- United States (7.8K tons)
- Colombia (2.0K tons)
Imports of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Ecuador
After two years of decline, overseas purchases of aluminium; alloys, bars, rods and profiles, other than hollows increased by 3.8% to 2K tons in 2022. In general, imports, however, showed a noticeable slump.
In value terms, imports of aluminium; alloys, bars, rods and profiles, other than hollows dropped modestly to $9.1M in 2022. The total import value increased at an average annual rate of +4.7% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 22% against the previous year. As a result, imports reached the peak of $9.2M, leveling off in the following year.
Import of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Ecuador (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 3.7 | 3.6 | 3.8 | 5.5 | 14.1% |
Colombia | 3.1 | 2.9 | 3.8 | 2.5 | -6.9% |
Spain | 0.4 | 0.7 | 1.2 | 0.7 | 20.5% |
Others | 0.8 | 0.3 | 0.3 | 0.5 | -14.5% |
Total | 8.0 | 7.5 | 9.2 | 9.1 | 4.4% |
Top Suppliers of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow to Ecuador in 2022:
- China (1430.4 tons)
- Colombia (460.6 tons)
- Spain (63.1 tons)
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