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

Contents:

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

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

The average import price for aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses stood at $5,678 per ton in 2022, shrinking by -10.6% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of 47% against the previous year. Over the period under review, average import prices reached the maximum at $8,768 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($23,600 per ton), while the price for China ($4,752 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+17.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses amounted to $92,185 per ton, increasing by 2,622% against the previous year. Over the period under review, the export price recorded a resilient increase. 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 for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Argentina ($144,019 per ton), while the average price for exports to Uruguay ($15,549 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 Argentina (+34.8%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, approx. 60 tons of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses were imported into Chile; growing by 21% compared with 2021 figures. Over the period under review, imports saw a resilient expansion. The most prominent rate of growth was recorded in 2021 with an increase of 196% 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 near future.

In value terms, imports of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses rose remarkably to $342K in 2022. Overall, imports saw resilient growth. The pace of growth was the most pronounced in 2021 with an increase of 238%. Imports peaked in 2022 and are likely to see steady growth in years to come.

Import of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China96.435.917422532.6%
United States40.223.652.569.720.1%
Canada29.812.022.327.0-3.2%
GermanyN/A1.6N/A8.3127.8%
Brazil53.7N/A32.30.4-80.5%
Argentina23.7N/AN/AN/A0%
Others31.120.434.811.6-28.0%
Total27593.43163427.5%

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

  1. China (47.4 tons)
  2. United States (7.5 tons)
  3. Canada (3.0 tons)
  4. Germany (0.9 tons)

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

In 2022, approx. 432 kg of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses were exported from Chile; declining by -98.5% on 2021 figures. Over the period under review, exports showed a dramatic slump. The pace of growth was the most pronounced in 2021 with an increase of 50%.

In value terms, exports of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses declined sharply to $40K in 2022. In general, exports continue to indicate a sharp reduction. The growth pace was the most rapid in 2021 when exports increased by 81% against the previous year.

Export of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina8.811.415.322.636.9%
Paraguay13.69.316.714.82.9%
Uruguay1.5N/AN/A2.417.0%
South KoreaN/A5.0N/AN/A0%
Japan14.5N/AN/AN/A0%
China280N/AN/AN/A0%
BelgiumN/AN/A49.1N/A0%
Netherlands74.127.614.9N/A-55.2%
Others1.4N/A0.3N/A-53.7%
Total39453.296.339.8-53.4%

Top Export Markets for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less from Chile in 2022:

  1. Argentina (157.0 kg)
  2. Uruguay (153.0 kg)
  3. Paraguay (122.0 kg)

Source: IndexBox Market Intelligence Platform

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