Price for Aluminium; Alloys, Hollow Profiles in Argentina - 2023
Contents:
- Price for Aluminium; Alloys, Hollow Profiles in Argentina (CIF) - 2022
- Price for Aluminium; Alloys, Hollow Profiles in Argentina (FOB) - 2023
- Imports of Aluminium; Alloys, Hollow Profiles in Argentina
- Exports of Aluminium; Alloys, Hollow Profiles in Argentina
Price for Aluminium; Alloys, Hollow Profiles in Argentina (CIF) - 2022
In 2022, the average aluminium; alloys, hollow profiles import price amounted to $5,045 per ton, increasing by 17% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The import price peaked at $5,304 per ton in 2014; however, from 2015 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 ($7,894 per ton), while the price for China ($4,615 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Aluminium; Alloys, Hollow Profiles in Argentina (FOB) - 2023
In April 2023, the average aluminium; alloys, hollow profiles export price amounted to $5,251 per ton, rising by 5.2% against the previous month. In general, the export price, however, continues to indicate a slight downturn. Over the period under review, the average export prices hit record highs at $6,130 per ton in December 2022; however, from January 2023 to April 2023, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Uruguay.
From September 2022 to April 2023, the rate of growth in terms of prices for Uruguay amounted to -1.3% per month.
Imports of Aluminium; Alloys, Hollow Profiles in Argentina
In 2022, approx. 2.5K tons of aluminium; alloys, hollow profileses were imported into Argentina; dropping by -5.7% on the year before. The total import volume increased at an average annual rate of +4.1% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 26%. As a result, imports reached the peak of 2.7K tons, and then contracted in the following year.
In value terms, aluminium; alloys, hollow profiles imports amounted to $13M in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +13.4% 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 +58.0% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 43% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the immediate term.
| Import of Aluminium; Alloys, Hollow Profiles in Argentina (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.9 | 4.2 | 7.4 | 8.6 | 20.6% |
| Netherlands | 0.1 | N/A | N/A | 0.9 | 108.0% |
| Spain | 0.6 | 0.6 | 0.4 | 0.7 | 5.3% |
| Paraguay | 1.5 | 0.9 | 0.4 | 0.6 | -26.3% |
| Italy | 0.6 | 0.5 | 0.9 | 0.5 | -5.9% |
| Germany | 0.6 | 0.8 | 0.8 | 0.5 | -5.9% |
| Hong Kong SAR | N/A | N/A | N/A | 0.5 | 0% |
| Others | 0.5 | 1.0 | 1.6 | 0.6 | 6.3% |
| Total | 8.8 | 8.1 | 11.5 | 12.8 | 13.3% |
Top Suppliers of Aluminium; Alloys, Hollow Profiles to Argentina in 2022:
- China (1852.9 tons)
- Paraguay (118.3 tons)
- Netherlands (117.2 tons)
- Spain (106.4 tons)
- Hong Kong SAR (88.1 tons)
- Germany (72.6 tons)
- Italy (68.7 tons)
Exports of Aluminium; Alloys, Hollow Profiles in Argentina
After two years of decline, shipments abroad of aluminium; alloys, hollow profileses increased by 862% to 226 tons in 2022. Over the period under review, exports continue to indicate strong growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, aluminium; alloys, hollow profiles exports soared to $1.4M in 2022. Overall, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Aluminium; Alloys, Hollow Profiles in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uruguay | 379 | 457 | 129 | 1,137 | 44.2% |
| Paraguay | N/A | 3.4 | N/A | 174 | 615.4% |
| Chile | 194 | 121 | 2.9 | 33.7 | -44.2% |
| Bolivia | 79.8 | N/A | N/A | 17.3 | -39.9% |
| Others | 29.2 | N/A | N/A | N/A | 0% |
| Total | 682 | 582 | 132 | 1,363 | 26.0% |
Top Export Markets for Aluminium; Alloys, Hollow Profiles from Argentina in 2022:
- Uruguay (197.0 tons)
- Paraguay (20.7 tons)
- Chile (6.4 tons)
- Bolivia (1.9 tons)
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