Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Peru - 2022

Contents:

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

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

In 2022, the average import price for aluminium plates, sheets and strip of thickness exceeding 0.2 mms amounted to $4,010 per ton, with an increase of 20% against the previous year. Over the last decade, it increased at an average annual rate of +1.6%. The growth pace was the most rapid in 2021 an increase of 25%. The import price peaked 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 Italy ($5,889 per ton), while the price for India ($3,486 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.6%), 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 Peru (FOB) - 2022

In 2022, the average export price for aluminium plates, sheets and strip of thickness exceeding 0.2 mms amounted to $4,461 per ton, surging by 77% against the previous year. Overall, the export price showed a buoyant increase. The pace of growth appeared the most rapid in 2020 when the average export price increased by 289% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Colombia ($14,420 per ton), while the average price for exports to Bolivia ($334 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 Costa Rica (+12.4%), while the prices for the other major destinations experienced mixed trend patterns.

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

For the third consecutive year, Peru recorded decline in purchases abroad of aluminium plates, sheets and strip of thickness exceeding 0.2 mms, which decreased by less than 0.1% to 3.6K tons in 2022. Overall, imports recorded a abrupt decline.

In value terms, imports of aluminium plates, sheets and strip of thickness exceeding 0.2 mms soared to $14M in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +10.1% 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 +49.6% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 25% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the immediate term.

Import of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Peru (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China8.14.56.410.28.0%
Italy0.61.51.51.226.0%
Germany0.50.30.40.66.3%
Spain0.60.50.20.60.0%
Hong Kong SAR0.20.20.20.314.5%
India0.12.01.90.10.0%
Others0.60.61.31.226.0%
Total10.79.611.914.310.1%

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

  1. China (2813.4 tons)
  2. Italy (205.0 tons)
  3. Spain (165.6 tons)
  4. Germany (110.3 tons)
  5. Hong Kong SAR (85.7 tons)
  6. India (24.4 tons)

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

In 2022, after two years of decline, there was significant growth in shipments abroad of aluminium plates, sheets and strip of thickness exceeding 0.2 mms, when their volume increased by 12% to 24 tons. Over the period under review, exports, however, continue to indicate a sharp curtailment.

In value terms, exports of aluminium plates, sheets and strip of thickness exceeding 0.2 mms soared to $106K in 2022. Overall, exports saw a remarkable increase. The most prominent rate of growth was recorded in 2020 with an increase of 107%. As a result, the exports attained the peak of $158K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ColombiaN/A0.5N/A62.71019.8%
EcuadorN/A50.741.133.4-18.8%
Costa RicaN/AN/AN/A4.70%
Bolivia69.61.54.83.9-61.7%
Dominican RepublicN/A71.5N/AN/A0%
Panama1.626.2N/AN/A1537.5%
Others5.47.87.51.4-36.2%
Total76.615853.410611.4%

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

  1. Bolivia (11.8 tons)
  2. Ecuador (6.2 tons)
  3. Colombia (4.3 tons)
  4. Costa Rica (1.3 tons)

Source: IndexBox Market Intelligence Platform

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