Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Argentina - 2023

Contents:

  1. Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Argentina (CIF) - 2022
  2. Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Argentina

Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Argentina (CIF) - 2022

In 2022, the average import price for aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses amounted to $6,213 per ton, jumping by 21% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 35% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Canada ($13,882 per ton), while the price for China ($5,904 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (+8.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Argentina

Imports of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses into Argentina totaled 490 tons in 2022, with an increase of 3.6% compared with the previous year. Overall, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +14.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +51.8% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 30%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, imports of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses surged to $3M in 2022. In general, imports showed a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 52%. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the near future.

Import of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China9941,1511,9562,61038.0%
SloveniaN/A49.823.399.241.1%
United States56.340.41.187.515.8%
Italy37.7N/A14668.722.1%
Switzerland70.529.455.158.9-5.8%
India144228137N/A-2.5%
Others71.610511912219.4%
Total1,3741,6042,4383,04630.4%

Top Suppliers of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less to Argentina in 2022:

  1. China (442.0 tons)
  2. United States (13.0 tons)
  3. Slovenia (11.4 tons)
  4. Italy (9.1 tons)
  5. Switzerland (7.3 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or less - Argentina