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

Contents:

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

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

In 2022, the average import price for aluminium plates, sheets and strip of thickness exceeding 0.2 mms amounted to $4,462 per ton, with an increase of 10% against the previous year. Over the last decade, it increased at an average annual rate of +2.1%. The pace of growth was the most pronounced in 2021 when the average import price increased by 24%. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($10,375 per ton), while the price for Thailand ($3,975 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for aluminium plates, sheets and strip of thickness exceeding 0.2 mms amounted to $5,142 per ton, with an increase of 24% against the previous year. In general, export price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 when the average export price increased by 48% against the previous year. As a result, the export price attained the peak level of $6,051 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 Bolivia ($14,500 per ton), while the average price for exports to Ecuador ($3,667 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 Bolivia (+15.4%), 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 Colombia

Imports of aluminium plates, sheets and strip of thickness exceeding 0.2 mms into Colombia surged to 45K tons in 2022, picking up by 39% on 2021 figures. In general, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +18.8% 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 +67.8% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of aluminium plates, sheets and strip of thickness exceeding 0.2 mms soared to $201M in 2022. Overall, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. China (27.7K tons)
2. South Korea (5.4K tons)
3. Thailand (4.2K tons)
4. Brazil (4.0K tons)
5. Germany (1.3K tons)
6. Italy (0.9K tons)
7. Mexico (0.1K tons)

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

In 2022, the amount of aluminium plates, sheets and strip of thickness exceeding 0.2 mms exported from Colombia soared to 75 tons, growing by 25% compared with the year before. In general, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 84%. The exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, exports of aluminium plates, sheets and strip of thickness exceeding 0.2 mms surged to $384K in 2022. Over the period under review, exports saw significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 94% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the near future.

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

1. Ecuador (38.6 tons)
2. Cuba (11.7 tons)
3. Panama (6.1 tons)
4. Venezuela (5.9 tons)
5. Mexico (3.5 tons)
6. Peru (2.7 tons)
7. Nicaragua (2.2 tons)
8. Honduras (0.6 tons)

Source: IndexBox Market Intelligence Platform