Chlorides; of Aluminium Price in Colombia - 2022

Contents:

1. Chlorides; of Aluminium Price in Colombia (CIF) - 2022
2. Chlorides; of Aluminium Price in Colombia (FOB) - 2022
3. Chlorides; of Aluminium Imports in Colombia
4. Chlorides; of Aluminium Exports in Colombia

Chlorides; of Aluminium Price in Colombia (CIF) - 2022

In 2022, the average chlorides; of aluminium import price amounted to $649 per ton, increasing by 7.3% against the previous year. Overall, the import price, however, saw a abrupt decrease. The most prominent rate of growth was recorded in 2016 an increase of 34% against the previous year. The import price peaked at $1,535 per ton in 2012; however, from 2013 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 the United States ($1,562 per ton), while the price for China totaled $563 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-0.8%).

Chlorides; of Aluminium Price in Colombia (FOB) - 2022

The average chlorides; of aluminium export price stood at $631 per ton in 2022, surging by 23% against the previous year. In general, the export price, however, saw a mild descent. The pace of growth was the most pronounced in 2021 an increase of 49%. Over the period under review, the average export prices reached the peak figure at $754 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Ecuador ($1,033 per ton), while the average price for exports to Panama ($513 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 Guatemala (+11.6%), while the prices for the other major destinations experienced mixed trend patterns.

Chlorides; of Aluminium Imports in Colombia

In 2022, approx. 1.2K tons of chlorides; of aluminia were imported into Colombia; with an increase of 31% compared with 2021. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +5.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -20.4% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 46%. As a result, imports attained the peak of 1.5K tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, chlorides; of aluminium imports surged to $759K in 2022. In general, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +8.1% 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 decreased by -7.1% against 2020 indices.

Top Suppliers of Chlorides; of Aluminium to Colombia in 2022:

1. China (1087.0 tons)
2. United States (80.8 tons)

Chlorides; of Aluminium Exports in Colombia

After three years of growth, shipments abroad of chlorides; of aluminia decreased by -91% to 75 tons in 2022. In general, exports, however, posted resilient growth. The most prominent rate of growth was recorded in 2020 when exports increased by 374%.

In value terms, chlorides; of aluminium exports contracted dramatically to $47K in 2022. Over the period under review, exports, however, saw a strong increase. The pace of growth appeared the most rapid in 2021 with an increase of 328% against the previous year. As a result, the exports reached the peak of $429K, and then shrank significantly in the following year.

Top Export Markets for Chlorides; of Aluminium from Colombia in 2022:

1. Panama (28.5 tons)
2. Peru (27.3 tons)
3. Guatemala (13.0 tons)
4. Ecuador (6.3 tons)

Source: IndexBox Market Intelligence Platform