Aluminium Wire Price in Argentina - 2023
Contents:
- Aluminium Wire Price in Argentina (CIF) - 2022
- Aluminium Wire Price in Argentina (FOB) - 2022
- Aluminium Wire Imports in Argentina
- Aluminium Wire Exports in Argentina
Aluminium Wire Price in Argentina (CIF) - 2022
The average aluminium wire import price stood at $3,545 per ton in 2022, dropping by -7.4% against the previous year. In general, the import price saw a noticeable downturn. The pace of growth appeared the most rapid in 2021 an increase of 23% against the previous year. The import price peaked at $4,608 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($5,196 per ton), while the price for India ($1,895 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (-0.2%), while the prices for the other major suppliers experienced a decline.
Aluminium Wire Price in Argentina (FOB) - 2022
In 2022, the average aluminium wire export price amounted to $2,444 per ton, with a decrease of -17.3% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 42% against the previous year. As a result, the export price attained the peak level of $2,956 per ton, and then declined significantly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($9,410 per ton), while the average price for exports to Peru ($1,667 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 Mexico (+14.8%), while the prices for the other major destinations experienced mixed trend patterns.
Aluminium Wire Imports in Argentina
In 2022, approx. 1.4K tons of aluminium wires were imported into Argentina; falling by -16.8% compared with 2021 figures. Overall, imports saw a abrupt descent. The pace of growth was the most pronounced in 2021 with an increase of 50% against the previous year.
In value terms, aluminium wire imports shrank rapidly to $5.1M in 2022. Over the period under review, imports continue to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 84% against the previous year. As a result, imports reached the peak of $6.6M, and then fell markedly in the following year.
| Import of Aluminium Wire in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 765 | 487 | 2,177 | 1,682 | 30.0% |
| China | 1,081 | 1,255 | 1,971 | 1,417 | 9.4% |
| India | 2,949 | 885 | 696 | 1,057 | -29.0% |
| Netherlands | 514 | 400 | 100 | 236 | -22.9% |
| Spain | 199 | 179 | 296 | 213 | 2.3% |
| Belgium | 75.0 | 89.6 | 105 | 90.3 | 6.4% |
| Venezuela | N/A | N/A | 437 | N/A | 0% |
| Others | 387 | 258 | 771 | 357 | -2.7% |
| Total | 5,969 | 3,553 | 6,553 | 5,053 | -5.4% |
Top Suppliers of Aluminium Wire to Argentina in 2022:
- India (557.6 tons)
- Brazil (323.7 tons)
- China (322.0 tons)
- Netherlands (73.8 tons)
- Spain (59.9 tons)
- Belgium (46.1 tons)
Aluminium Wire Exports in Argentina
After two years of decline, shipments abroad of aluminium wires increased by 22% to 23K tons in 2022. In general, exports, however, showed a abrupt descent.
In value terms, aluminium wire exports amounted to $56M in 2022. Overall, exports, however, showed a abrupt decrease.
| Export of Aluminium Wire in Argentina (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 45.8 | 28.9 | 23.7 | 25.9 | -17.3% |
| United States | 17.1 | 20.1 | 22.5 | 20.4 | 6.1% |
| Mexico | 3.1 | 3.7 | 4.3 | 4.7 | 14.9% |
| Uruguay | 3.3 | 1.7 | 3.0 | 2.8 | -5.3% |
| Peru | 2.5 | 0.7 | 0.4 | 1.1 | -23.9% |
| Others | 1.1 | 1.2 | 1.1 | 0.9 | -6.5% |
| Total | 73.0 | 56.4 | 55.2 | 55.8 | -8.6% |
Top Export Markets for Aluminium Wire from Argentina in 2022:
- Brazil (10.3K tons)
- United States (9.7K tons)
- Uruguay (1.1K tons)
- Peru (0.6K tons)
- Mexico (0.5K tons)
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