Price for Aluminium; Tubes and Pipes in Argentina - 2023

Contents:

  1. Price for Aluminium; Tubes and Pipes in Argentina (CIF) - 2022
  2. Price for Aluminium; Tubes and Pipes in Argentina (FOB) - 2022
  3. Imports of Aluminium; Tubes and Pipes in Argentina
  4. Exports of Aluminium; Tubes and Pipes in Argentina

Price for Aluminium; Tubes and Pipes in Argentina (CIF) - 2022

The average aluminium; tubes and pipes import price stood at $8,017 per ton in 2022, increasing by 12% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of 18%. Over the period under review, average import prices hit record highs at $9,059 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($9,669 per ton), while the price for Uruguay ($4,705 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 (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Aluminium; Tubes and Pipes in Argentina (FOB) - 2022

In 2022, the average aluminium; tubes and pipes export price amounted to $11,110 per ton, shrinking by -31.8% against the previous year. Over the period under review, the export price, however, posted resilient growth. The most prominent rate of growth was recorded in 2021 an increase of 75%. As a result, the export price reached the peak level of $16,293 per ton, and then shrank dramatically in the following year.

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 Brazil ($19,223 per ton), while the average price for exports to Uruguay ($8,057 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 Brazil (+13.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Aluminium; Tubes and Pipes in Argentina

After three years of growth, overseas purchases of aluminium; tubes and pipeses decreased by -13.5% to 2.7K tons in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +15.1% 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 +52.4% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 66% against the previous year. As a result, imports reached the peak of 3.1K tons, and then dropped in the following year.

In value terms, aluminium; tubes and pipes imports contracted to $22M in 2022. In general, imports, however, continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 89% against the previous year. As a result, imports reached the peak of $22M, and then shrank slightly in the following year.

Import of Aluminium; Tubes and Pipes in Argentina (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil3.13.05.97.433.6%
China1.90.92.12.59.6%
Italy0.91.13.22.336.7%
Germany0.60.51.01.741.5%
Turkey0.30.91.01.258.7%
Netherlands2.22.03.20.8-28.6%
Uruguay0.50.60.70.817.0%
Others3.52.95.04.911.9%
Total13.011.722.221.618.4%

Top Suppliers of Aluminium; Tubes and Pipes to Argentina in 2022:

  1. Brazil (1017.8 tons)
  2. China (363.4 tons)
  3. Italy (239.9 tons)
  4. Germany (232.2 tons)
  5. Turkey (216.6 tons)
  6. Uruguay (160.2 tons)
  7. Netherlands (111.3 tons)

Exports of Aluminium; Tubes and Pipes in Argentina

In 2022, the amount of aluminium; tubes and pipeses exported from Argentina surged to 139 tons, jumping by 499% against the year before. Overall, exports enjoyed prominent growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, aluminium; tubes and pipes exports skyrocketed to $1.5M in 2022. In general, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Aluminium; Tubes and Pipes in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Chile49348753.386620.7%
Brazil95.837332261786.1%
Uruguay8.728.92.242.769.9%
Others21.47.5N/A14.4-12.4%
Total6198973771,54035.5%

Top Export Markets for Aluminium; Tubes and Pipes from Argentina in 2022:

  1. Chile (100.5 tons)
  2. Brazil (32.1 tons)
  3. Uruguay (5.3 tons)

Source: IndexBox Market Intelligence Platform

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