Aluminium Wire Price in Peru - 2021

Contents:

1. Aluminium Wire Price in Peru (CIF) - 2021
2. Aluminium Wire Price in Peru (FOB) - 2022
3. Aluminium Wire Imports in Peru
4. Aluminium Wire Exports in Peru

Aluminium Wire Price in Peru (CIF) - 2021

In April 2020, the average aluminium wire import price amounted to $2,343 per ton, declining by -29.6% against the previous month. In general, the import price continues to indicate a abrupt decrease. The pace of growth appeared the most rapid in March 2020 when the average import price increased by 31% against the previous month. The import price peaked at $3,363 per ton in January 2020; however, from February 2020 to April 2020, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($3,590 per ton), while the price for India ($2,067 per ton) was amongst the lowest.

From January 2020 to April 2020, the most notable rate of growth in terms of prices was attained by India (+0.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Aluminium Wire Price in Peru (FOB) - 2022

The average aluminium wire export price stood at $2,978 per ton in 2022, picking up by 3.6% against the previous year. Over the period under review, the export price saw mild growth. The growth pace was the most rapid in 2013 when the average export price increased by 152% against the previous year. As a result, the export price reached the peak level of $6,572 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Ecuador ($3,071 per ton), while the average price for exports to Chile stood at $2,116 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ecuador (+1.6%), while the prices for the other major destinations experienced a decline.

Aluminium Wire Imports in Peru

In 2022, the amount of aluminium wires imported into Peru fell notably to 2.1K tons, which is down by -23.6% on the previous year's figure. Over the period under review, total imports indicated a mild expansion from 2019 to 2022: its volume increased at an average annual rate of +1.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +44.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 89% against the previous year. As a result, imports reached the peak of 2.8K tons, and then contracted markedly in the following year.

In value terms, aluminium wire imports declined rapidly to $6.3M in 2022. In general, imports, however, recorded a perceptible expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 139% against the previous year. As a result, imports reached the peak of $8.8M, and then dropped dramatically in the following year.

Top Suppliers of Aluminium Wire to Peru in 2022:

1. India (537.7 tons)
2. Argentina (409.0 tons)
3. Russia (393.0 tons)
4. United States (364.4 tons)
5. Germany (156.8 tons)
6. China (81.1 tons)
7. Turkey (79.2 tons)

Aluminium Wire Exports in Peru

In 2022, the amount of aluminium wires exported from Peru dropped rapidly to 18 tons, declining by -41.6% compared with 2021 figures. Overall, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 497% against the previous year. As a result, the exports attained the peak of 31 tons, and then declined markedly in the following year.

In value terms, aluminium wire exports contracted significantly to $54K in 2022. In general, exports, however, showed buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of 376%. As a result, the exports attained the peak of $90K, and then declined markedly in the following year.

Top Export Markets for Aluminium Wire from Peru in 2022:

1. Ecuador (16.4 tons)
2. Chile (1.8 tons)

Source: IndexBox Market Intelligence Platform