Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Chile - 2024

Contents:

  1. Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Chile (CIF) - 2024
  2. Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Chile (FOB) - 2022
  3. Imports of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Chile
  4. Exports of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Chile

Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Chile (CIF) - 2024

The average import price for aluminium plates, sheets and strip of thickness exceeding 0.2 mms stood at $3,581 per ton in April 2024, remaining constant against the previous month. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2024 an increase of 3.4% m-o-m. Over the period under review, average import prices attained the maximum at $3,840 per ton in April 2023; however, from May 2023 to April 2024, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was France ($6,423 per ton), while the price for China ($2,653 per ton) was amongst the lowest.

From April 2023 to April 2024, the most notable rate of growth in terms of prices was attained by Spain (+0.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Chile (FOB) - 2022

In 2022, the average export price for aluminium plates, sheets and strip of thickness exceeding 0.2 mms amounted to $5,314 per ton, picking up by 9.2% against the previous year. In general, the export price posted a resilient increase. The growth pace was the most rapid in 2014 when the average export price increased by 82%. As a result, the export price reached the peak level of $8,076 per ton. From 2015 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Argentina ($6,376 per ton), while the average price for exports to China ($4,101 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 China (+17.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Chile

In 2022, imports of aluminium plates, sheets and strip of thickness exceeding 0.2 mms into Chile reduced slightly to 38K tons, waning by -2.4% compared with the previous year. In general, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 14%. As a result, imports attained the peak of 39K tons, and then reduced modestly in the following year.

In value terms, imports of aluminium plates, sheets and strip of thickness exceeding 0.2 mms soared to $169M in 2022. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +20.7% 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 +75.7% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 46%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Chile (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil28.938.739.612161.2%
China30.128.141.529.3-0.9%
France5.65.05.37.49.7%
Spain3.84.03.45.311.7%
Italy3.34.57.04.410.1%
South Korea22.815.243.40.2-79.4%
Others1.70.80.80.8-22.2%
Total96.296.414116920.7%

Top Suppliers of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm to Chile in 2022:

  1. Brazil (28.3K tons)
  2. China (7.0K tons)
  3. France (1.1K tons)
  4. Spain (1.1K tons)
  5. Italy (0.7K tons)
  6. South Korea (0.1K tons)

Exports of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Chile

In 2022, exports of aluminium plates, sheets and strip of thickness exceeding 0.2 mms from Chile skyrocketed to 520 tons, increasing by 26% against the previous year's figure. Overall, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +5.7% 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 +83.1% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 45%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, exports of aluminium plates, sheets and strip of thickness exceeding 0.2 mms surged to $2.8M in 2022. Over the period under review, exports posted resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of 66% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina9767561,0891,57017.2%
Brazil20458.8N/A65547.5%
China3342145684117.2%
MexicoN/AN/AN/A72.60%
Colombia90.850.8N/A17.0-42.8%
Peru3.21.23061.6-20.6%
Others21.012638.233.917.3%
Total1,6291,2072,0012,76119.2%

Top Export Markets for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm from Chile in 2022:

  1. Argentina (246.3 tons)
  2. Brazil (149.5 tons)
  3. China (100.1 tons)
  4. Mexico (15.6 tons)
  5. Colombia (2.5 tons)
  6. Peru (0.2 tons)

Source: IndexBox Market Intelligence Platform

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