Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Guatemala - 2023
Contents:
- Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Guatemala (CIF) - 2022
- Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Guatemala (FOB) - 2022
- Imports of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Guatemala
- Exports of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Guatemala
Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Guatemala (CIF) - 2022
The average import price for aluminium; alloys, bars, rods and profiles, other than hollows stood at $5,257 per ton in 2022, picking up by 15% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.2%. The most prominent rate of growth was recorded in 2021 when the average import price increased by 22%. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was El Salvador ($6,550 per ton), while the price for Hong Kong SAR ($4,099 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 (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Guatemala (FOB) - 2022
In 2022, the average export price for aluminium; alloys, bars, rods and profiles, other than hollows amounted to $4,622 per ton, waning by -11.4% against the previous year. Overall, the export price, however, enjoyed a mild expansion. The most prominent rate of growth was recorded in 2014 an increase of 99% against the previous year. The export price peaked at $6,545 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belize ($9,214 per ton), while the average price for exports to El Salvador ($4,169 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 Belize (+8.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Guatemala
Imports of aluminium; alloys, bars, rods and profiles, other than hollows into Guatemala reduced to 3.2K tons in 2022, declining by -5.1% compared with 2021. In general, imports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 6%.
In value terms, imports of aluminium; alloys, bars, rods and profiles, other than hollows expanded markedly to $17M in 2022. The total import value increased at an average annual rate of +4.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 30% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Guatemala (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 7.3 | 5.5 | 7.0 | 7.0 | -1.4% |
| Costa Rica | 3.1 | 3.1 | 3.9 | 4.6 | 14.1% |
| El Salvador | 3.2 | 2.0 | 3.2 | 3.9 | 6.8% |
| Hong Kong SAR | N/A | N/A | 0.1 | 0.6 | 500.0% |
| United States | 0.7 | 0.7 | 0.8 | 0.5 | -10.6% |
| Others | 0.5 | 0.6 | 0.5 | 0.4 | -7.2% |
| Total | 14.8 | 11.9 | 15.5 | 16.9 | 4.5% |
Top Suppliers of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow to Guatemala in 2022:
- China (1557.7 tons)
- Costa Rica (801.6 tons)
- El Salvador (588.8 tons)
- Hong Kong SAR (141.6 tons)
- United States (72.3 tons)
Exports of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Guatemala
In 2022, approx. 18 tons of aluminium; alloys, bars, rods and profiles, other than hollows were exported from Guatemala; with an increase of 5.7% on 2021. Overall, exports saw a remarkable increase. The pace of growth was the most pronounced in 2020 with an increase of 148%. As a result, the exports reached the peak of 29 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of aluminium; alloys, bars, rods and profiles, other than hollows reduced to $84K in 2022. In general, exports posted a significant increase. The growth pace was the most rapid in 2020 with an increase of 188% against the previous year. As a result, the exports reached the peak of $130K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| El Salvador | 8.7 | 112 | 47.7 | 50.9 | 80.2% |
| Honduras | 35.7 | 17.1 | 36.6 | 32.1 | -3.5% |
| Others | 0.8 | 1.0 | 5.6 | 1.2 | 14.5% |
| Total | 45.2 | 130 | 89.9 | 84.2 | 23.0% |
Top Export Markets for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow from Guatemala in 2022:
- El Salvador (12.2 tons)
- Honduras (5.9 tons)
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