Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Paraguay - 2024
Contents:
- Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Paraguay (CIF) - 2024
- Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Paraguay (FOB) - 2022
- Imports of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Paraguay
- Exports of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Paraguay
Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Paraguay (CIF) - 2024
In January 2024, the average import price for aluminium; alloys, bars, rods and profiles, other than hollows amounted to $4,129 per ton, with a decrease of -18.7% against the previous month. Overall, the import price saw a pronounced decrease. The most prominent rate of growth was recorded in July 2023 an increase of 52% against the previous month. As a result, import price attained the peak level of $6,172 per ton. From August 2023 to January 2024, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Brazil ($5,814 per ton), while the price for Hong Kong SAR ($1,036 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Brazil (-0.4%), while the prices for the other major suppliers experienced a decline.
Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Paraguay (FOB) - 2022
The average export price for aluminium; alloys, bars, rods and profiles, other than hollows stood at $5,411 per ton in 2022, picking up by 18% against the previous year. Over the period from 2016 to 2022, it increased at an average annual rate of +5.0%. 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 export markets. In 2022, amid the top suppliers, the country with the highest price was Bolivia ($5,540 per ton), while the average price for exports to Uruguay ($5,145 per ton) was amongst the lowest.
From 2016 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (+5.1%), 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 Paraguay
In 2022, after three years of growth, there was significant decline in supplies from abroad of aluminium; alloys, bars, rods and profiles, other than hollows, when their volume decreased by -11.9% to 1.2K tons. In general, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 11%. As a result, imports reached the peak of 1.4K tons, and then reduced in the following year.
In value terms, imports of aluminium; alloys, bars, rods and profiles, other than hollows expanded modestly to $6.1M in 2022. The total import value increased at an average annual rate of +10.4% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 32% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.
| Import of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Paraguay (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.1 | 2.8 | 3.1 | 3.2 | 15.1% |
| Brazil | 2.2 | 1.6 | 2.6 | 2.7 | 7.1% |
| Others | 0.1 | 0.1 | 0.2 | 0.1 | 0.0% |
| Total | 4.5 | 4.5 | 5.9 | 6.1 | 10.7% |
Top Suppliers of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow to Paraguay in 2022:
- China (793.5 tons)
- Brazil (409.5 tons)
Exports of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Paraguay
In 2022, exports of aluminium; alloys, bars, rods and profiles, other than hollows from Paraguay skyrocketed to 270 tons, with an increase of 42% compared with 2021 figures. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +8.8% 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 +61.2% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of aluminium; alloys, bars, rods and profiles, other than hollows skyrocketed to $1.5M in 2022. Overall, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Paraguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 754 | 552 | 571 | 859 | 4.4% |
| Uruguay | 50.3 | 99.1 | 182 | 375 | 95.4% |
| Bolivia | 34.9 | 13.1 | 16.5 | 223 | 85.6% |
| Chile | N/A | N/A | 103 | N/A | 0% |
| Others | N/A | N/A | N/A | 1.5 | 0% |
| Total | 839 | 664 | 872 | 1,458 | 20.2% |
Top Export Markets for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow from Paraguay in 2022:
- Argentina (156.3 tons)
- Uruguay (72.9 tons)
- Bolivia (40.2 tons)
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